(THE COMPANIES ACT, 1956)
(COMPANY LIMITED BY SHARES)
M E M O R A N D U M OF A S S O C I A T I O N
OF
………CORPORTE SERVICES PRIVATE LIMITED
I. The Name of the Company is ………. CORPORATE SERVICES PRIVATE LIMITED.
II. The Registered Office of the Company will be situated in the National Capital Territory of
Delhi.
III. The objects for which the Company is established are :-
(A) THE MAIN OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION
ARE :-
1) To carry on the business of providing Manpower placement, consultancy and recruiting,
Selecting, Interviewing, Training and Employing all types of executives, Middle
Management Staff, Junior Level Staff, Workers, Labourers Skilled/Unskilled etc. required
to individuals, bodies, corporate, societies, undertakings, institutions, associations,
government, local authorities etc
2) To carry on the business of providing services as human resource managers, consultants
and advisors and to provide contractual advise and guidance on employment matters and
other human resource services associated with contractual services including termination
and outplacement required to individuals, bodies, corporate, societies, undertakings,
institutions, associations, government, local authorities etc
3) To carry on business of Security Management including industrial, commercial housing
and all types of security services , Labour Consultants, labour contractors and to make
available knowledge, skill, experience, staff, labour, Security Personnel, Armed Guards
and Escorts to any person, persons, firm, body corporate or Government and Semi-
Government organizations or any other organisation, authority or entity for the purpose of
Security, Detection, Intelligence, Labour, and Management, and workers for office
management and to conduct employment bureau and to provide consultancy and other
services in connection with requirements of persons and manpower supply in India and
abroad..
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(B) THE OBJECTS INCIDENTAL OR ANCILLARY TO THE ATTAINMENT OF THE MAIN
OBJECTS ARE :-
1. To acquire by purchase, lease, exchange or otherwise any movable or immovable property
and any rights or privileges which the Company may deem necessary or convenient for the
purpose of its main business.
2. To enter into partnership or into any arrangement for sharing profits, union of interest, joint
venture, reciprocal concession or co-operation with persons or companies carrying on or
engaged in the main business or transaction of this Company.
3. To import, buy, exchange, alter, improve and manipulate in all kinds of plants, machinery,
apparatus, tools and things necessary of convenient for carrying on the main business of
the Company.
4. To vest any movable or immovable property, rights or interests required by or received or
belonging to the Company in any person or company on behalf of or for the benefit of the
Company and with or without any declared trust in favour of the Company.
5. To purchase or otherwise acquire, build, carry out, equip, maintain, alter, improve, develop,
manage, work, control and superintend any plants, warehouse, sheds, offices, shops,
stores, buildings, machinery, apparatus, labour lines, and houses, warehouses, and such
other works and conveniences necessary for carrying on the main business of the
Company.
6. To undertake or promote scientific research relating to the main business or class of
business of the Company.
7. To acquire and takeover the whole or any part of the business, goodwill, trade-marks
properties and liabilities of any person or persons, firm, companies or undertakings either
existing or new, engaged in or carrying on or proposing to carry on business this Company
is authorised to carry on, possession of any property or rights suitable for the purpose of the
Company and to pay for the same either in cash or in shares or partly in cash and partly in
shares or otherwise.
8. To negotiate and enter into agreements and contracts with Indian and foreign individuals,
companies, corporations and such other organisations for technical, financial or any other
such assistance for carrying out all or any the main objects of the Company or for the
purpose of activity research and development of manufacturing projects on the basis of
know-how, financial participation or technical collaboration and acquire necessary formulas
and patent rights for furthering the main objects of the Company.
9. Subject to Sections 391 to 394, 394A of the Act, to amalgamate with any other company of
which all or any of their objects companies having similar to the objects of the Company in
any manner whether with or without the liquidation.
10. Subject to any law for the time being in force, to undertake or take part in the formation,
supervision or control of the business or operations of any person, firm, body corporate,
association undertaking carrying on the main business of the Company.
11. To apply for, obtain, purchase or otherwise acquire and prolong and renew any patents,
patent-rights, brevets, inventions, processes, scientific technical or other assistance,
manufacturing processes know-how and other information, designs, patterns, copyrights,
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trade-marks, licences concessions and the like rights or benefits, conferring an exclusive or
non-exclusive or limited or unlimited right of use thereof, which may seem capable of being
used for or inconnection with the main objects of the Company or the acquisition or use of
which may seem calculated directly or indirectly to benefit the Company on payment of any
fee royalty or other consideration and to use, exercise or develop the same under or grant
licences in respect thereof or otherwise deal with same and to spend money in
experimenting upon testing or improving any such patents, inventions, right or concessions.
12. To apply for and obtain any order under any Act or Legislature, charter, privilege
concession, licence or authorisation of any Government, State or other Authority for
enabling the Company to carry on any of its main objects into effect or for extending any of
the powers of the Company or for effecting and modification of the constitution of the
Company or for any other such purpose which may seem expedient and to oppose any
proceedings or applications which may seem expedient or calculated directly or indirectly to
prejudice the interest of the Company.
13. To enter into any arrangements with any Government or Authorities or any persons or
companies that may seem conducive to the main objects of the Company or any of them
and to obtain from any such Government, authority, person or company any rights, charters,
contracts, licences and concessions which the Company may think desirable to obtain and
to carry out, exercise and comply therewith.
14. To procure the Company to be registered or recognised in or under the laws of any place
outside India and to do all act necessary for carrying on in any foreign country for the
business or profession of the Company.
15. To draw, make, accept, discount, execute and issue bills of exchange, promissory notes
bills of lading, warrants, debentures and such other negotiable or transferable instruments,
of all types or securities and to open Bank Accounts of any type and to operate the same in
the ordinary course of the Company.
16. To advance money either with or without security, and to such persons and upon such
terms and conditions as the Company may deem fit and also to invest and deal with the
money of the Company not immediately required, in or upon such investments and in such
manner as, from time to time, may be determined, provided that the Company shall not
carry on the business of banking as provided in the Banking Regulations Act, 1949.
17. Subject to section 58-A and 292, 293, 295 & 372A of the Act and the Regulations made
thereunder and the Directions issued by the Reserve Bank of India, to receive money on
deposit or loan and borrow or raise money in such manner and at such time or times as the
Company thinks fit and in particular by the issue of debentures, debentures-stock, perpetual
or otherwise and to secure the repayment of any money borrowed, raised or owing by
mortgage, charge or lien upon all or any of the properties, or assets or revenues and profits
of the Company both present and future, including its uncalled capital and also by a similar
mortgage, charge or lien to secure and guarantee the performance by the Company or any
other person or Company of any obligation undertaken by the Company or such other
person or company to give the lenders the power to sale and such other powers as may
seem expedient and purchase redeem or pay off any such securities.
18. To undertake and execute any trusts, the undertaking of which may seem to the Company
desirable, either gratuitously or otherwise.
19. To establish, or promote or concur in establishing or promote any company for the purpose
of acquiring all or any of the properties, rights and liabilities of the Company.
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20. To sell, lease, mortgage, exchange, grant licences and other rights improve, mange,
develop and dispose of undertakings, investments, properties, assets and effects of the
company or any part thereof for such consideration as may be expedient and in particular
for any shares, stocks, debentures or other securities of any other such company having
main objects altogether or in part similar to those of the Company.
21. Subject to the Provisions of Section 100 to 105 of the Act, to distribute among the members
in specie or otherwise any property of the Company or any proceeds of sale or disposal of
any property of the Company in the event of winding up.
22. To distribute as dividend or bonus among the member or to place to reserve or otherwise to
apply, as the Company may, from time to time, determine any money received by way of
premium on debentures issued at a premium by the Company and any money received in
respect of forefeited shares, money arising from the sale by the Company of forefeited
shares subject to the provisions of Sec. 78 of the Companies Act, 1956.
23. To employ agents or experts to investigate and examine into the conditions, prospects
value, character and circumstances of any business concerns and undertakings and
generally of any assets properties or rights which the Company purpose to acquire.
24. To accept gifts, bequests, devisers or donations of any movable or immovable property or
any right or interests therein from members or others.
25. To create any reserve fund, sinking fund, insurance fund or any other such special funds
whether for depreciation, repairing, improving, research, extending or maintaining any of the
properties of the Company or for any other such purpose conducive to the interest of the
Company.
26. Subject to the provisions of Section 292, 293, 293-A & 293-B of the Companies Act, 1956 to
subscribe contribute, gift or donate any money, rights or assets for any national educational,
religious, charitable, scientific, public, general or usual objects or to make gifts or donations
of money or such other assets to any institutions, clubs, societies, associations, trusts,
scientific research associations, funds, universities, college or any individual, body of
individuals or bodies corporate.
27. To establish and maintain or procure the establishment and maintenance of any contributory
or non-contributory pension or superannuation, provident or gratuity funds for the benefit of
and give of procure the giving of the donations, gratuities pensions, allowances, bonuses or
emoluments of any persons who are or were at any time in the employment or service of the
company or any company which is a subsidiary of the Company or is allied to or associated
with the Company or with any such subsidiary company or who are or were at any time
Directors or officers of the Company or any other company as aforesaid and the wives,
widows, families and dependents of any such persons and also to establish and subsidise
and subscribe to any institutions, associations, club or funds calculated to be for the benefit
of or advance aforesaid and make payments to or towards the insurance of any such
persons as aforesaid and to do any of the matters aforesaid, either alone or in conjunction
with any such other company as aforesaid.
28. To manage, administer, own and to carry on the business of running hotels, motels, resorts,
holiday camps, guest houses, restaurants, canteens, caterers, cafes, taverns, refreshment
rooms and lodging, housekeepers, swimming pools, health clubs, clubs and dressing
rooms, gymnasiums, fund and amusement rides and to do all other allied activities in India
and abroad.
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29. To establish, for any of the main objects of the Company, branches or to establish any firm
or firms at places in or outside India as the Company may deem expedient.
30. To pay for any property or rights acquired by or for any services rendered to the Company
and in particular to remunerate any person, firm or company introducing business to the
company either in cash or fully or partly-paid up shares with or without preferred or deferred
rights in respect of dividend or repayment of capital or otherwise or by any securities which
the company has power to issue or by the grant of any rights or options or partly in one
mode and partly in another and generally on such terms as the company may determine,
subject to the provision of section 314 of the act.
31. To pay out of the funds of the company all costs, charges and expenses of and incidental to
the formation and registration of the company and any company promoted by the company
and also all costs, charges, duties, impositions and expanses of and incidental to the
acquisition by the company of any property or assets.
32. To send out to foreign countries, its director, employees or any other person or persons for
investgation possibilities of main business or trade procuring and buying any machinery or
establishing trade and business connections or for promoting the interests of the company
and to pay all expenses incurred in the connection.
33. To compensate for loss of office of any Managing Director or Directors or other officers of
the Company within the limitations prescribed under the Companies Act, 1956 or such other
statute or rule having the force of law and to make payments to any person whose office of
employment or duties may be determined by virtue of any transaction in which the Company
is engaged.
34. To agree to refer to arbitration any dispute, present or future between the Company and any
other company, firm, individual or any other body and to submit the same to arbitration in
India or abroad either in accordance with Indian or any foreign system of law.
35. To appoint agents, sub-agents, dealers, managers canvassers, sales, representatives or
salesmen for transacting all or any kind of the main business of which this Company is
authorised to carry on and to constitute agencies of the Company in India or in any other
country and establish depots and agencies in different parts of the world.
(C) THE OTHER OBJECTS ARE :-
1. To carry on the business as manufacturers, traders, importers and exporters of and dealers
in aluminium utensils, steel utensils, and all other such types of utensils and kitchen
requisities of all types.
2. To act as business consultant, give advice, to engage in dissemination of information in all
aspects of business, organisation and industry in India and to advise upon the means and
methods for extending and developing systems or processes relating to production, storage,
distribution, marketing, and securing of orders for sale of good in India and abroad and/or
relating to the rendering of services.
3. To carry on the business of running motor lorries, motor taxies, mini buses and
conveyances of all kinds and to transport passangers, and goods and to do the business of
common carriers.
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4. To carry on business by whole sale or retail, or otherwise of interior decorators and
furnishers, upholsters, and dealers in and hirers repairs, cleaners, stores and warehouses of
furniture, carpets, linoleums furnishing fabrics and such other floor coverings, household
utensils, china and glass goods, fittings, curtains and such other household requisites of all
types.
5. To carry on the business as brewers, distillers, bottlers, canners preservers, coopers
dehidrators, malsters and merchants of and dealers in fruits, herbs, vegetables, plants and
liquors by products therefrom, whether intoxicating or not, tonics, vitamin, beverages,
flavoured drinks, nector, punch aerated waters and drinks whether soft or otherwise.
6. To carry on the business of tobacconists in all its branches and to sell, make-up and
manufacture tobocco, cigars, cigarettes and snuff.
7. To act as cargo agents, travel agents, insurance agents, ship brokers, charter party
contractors, ship agents, packing forwarding and clearing agent, salvors, wreck removers
werck raisers, auctioneers, inspectors and observers of quality control custom-house
agents, commission agents and general sales agents for any of the air lines, steam-ship
companies, railway and transport companies or any such person.
8. To carry on the business of cold storage of fruits, vegetable seeds, fish, meat, agricultural
products, milk, dairy products and such other perishable items of all types.
9. To carry on the business of production, distribution or exhibition of films and motion pictures
and the running of theatres, cinemas, studios and cinematographic shows and exhibitions.
10. To trade, deal in and undertake manufacturing, of bricks, tiles, pipes, cement lime and
building construction requisites and to carry on all or any of the business of builders,
contractors, architects, decorators, furnishers and to acquire, hold, mortgage lease, take on
lease, exchange or otherwise deal in lands, buildings, house, flats, bungalows, shops of any
tenure or freehold for residential or businesses purposes.
11. To cultivate, grow, produce or deal in any agricultural, vegetable or fruit products and to
carry on all or any of the businesses of farmers, dairyman, milk contractors, dairy farmers,
millers, purveyors and vendors of milk and milk products, condensed milk and powdered
milk, cream, cheese, butter, poultry, fruits, vegetables, cash crops and provisions of all
kinds.
12. To cultivate, tea, coffee and any other such similar product and to carry on the business of
planters in all its branches, to carry on and do the business of cultivators, winners and
buyers of every kind of vegetable mineral or such other product of soil, dispose of and deal
in any such produce, either in its prepared, manufactured or raw state and either by
wholesale or retail.
13. To carry on the business of manufacturers of or dealers in pulp and paper of all kinds and
articles made from paper and pulp such as card boards and wall and ceiling papers and
packaging cartons and newspapers and newsprints.
14. To carry on the business of purchase and sale of petroleum products, to act as dealers and
distributors for petroleum companies, to run service stations for the repair and servicing of
automobilies and to manufacture or deal in fuel oils, cutting oils and greases.
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15. To carry on the business of iron-founders, makers of scientific, industrial and surgical
instruments, mechanical engineers, and manufacturers of agricultural implements and other
machinery, steel castings and forgings and melleable iron and steel castings, tools makers,
brass founders, metal workers, boiler-makers, mill wrights, machinists, iron and steel
converters, smiths, builders, painters, mettallurgists, electrical engineers, water supply
engineers, gas makers, farmers, printers, carriers and merchants and to buy , sell,
manufacture, repair, convert, alter, let on hire and deal in machinery, implements and rolling
stock.
16. To carry on the business of hoteliers, moteliers, restaurant owners, sweet-meet merchants,
refreshments, room proprietors, refreshment contractors and own run garages, shops,
stores, godowns, barse, refreshment rooms, cafetarias, discotheques, restaurants and
places for sale, custody, bailment, deposit or protection of the valuable goods and
commodities.
17. To carry on the business of manufacturing and dealing, in assembling, buying, selling,
reselling, exchanging, altering repairing, importing, exporting, hiring, letting, on hire,
distributing, or dealing in motor cars, motor cycles, scooters, motor buses, motor lorries,
motor vans, trucks, locomotive engines, trains and, all other road and rail conveyances,
ships, boats, barges, launches, steamers and other vessels, aeroplanes, aeroengines flying
boats, hydroplanes, and aircrafts and aerial conveyances of every description and kind for
transport or conveyance of passengers, merchandise or goods of description, whether
propelled or moved or assisted by means of petrol, spirit, electricity, steam, oil vapour, gas,
petroleum, mechanical, animal or any other such motive power of all types.
18. To carry on the business manufacturing, dying, colouring, spinning, weaving, buying selling,
importing, exporting or otherwise dealing in all fabrics and other fibrous substances and
preparations and manufacturers of and dealers in cotton, silk, woollen linen, hemp jute,
rayon nylon, artificial silk and such other yarn and all kinds of woven synthetic blended
textiles manufactured from such yarn.
19. To carry on the business manufacturers of and dealers in industrial machinery, bearings,
speed reduction units, pumps, machine tools, agricutural machinery and earth-moving
machinery including road rollers, bull-dozers, dumpers, scrapers loaders shovels and drag
lines and light engineering, goods such as cycle and sewing machines.
20. To carry on the business of manufacturers of or dealers in ferrous or non-ferrous metals iron
& steel aluminium, brass, tin, nickel, special, steel and their products.
21. To carry on the business of manufacturers, stockists, importers and exporters of and
dealers, in engineering drawing sets, builders of requisites steel rules, measuring taps,
cutting tools, hand tools, precision measuring tools, machine tools, garage tools, hardware
tools, instruments, apparatus and such allied machinery, plant, equipment and appliances of
all types.
22. To carry on the business as manufacturers, stockists, importers and exporters of and
dealers in bolts, nuts, nails, hooks, and such other hardware items of all types.
23. To carry on business as manufacturers, stockists, importers, and exporters of and dealers in
forging, castings, stampings, of all metals, machinery parts, moulds, press tools, jigs,
fixtures and compression moulding, steel products and automobile parts.
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24. To carry on business as manufacturers stockists, importers experters and repaires of and
dealers in dynamos, motors, armatures, magnets, batteries, conductors, insulators,
transformers, convertors, switch-boards, cookers, enginers presses and insulating material.
25. To carry on business as manufacturers, stockists, importers and exporters of and dealers in
weareable and unwearable fabrics, high density polyethelene and polypropylene, woven
snacks and trapaulins.
26. To carry on business as manufacturers of and dealers in and as stockists, importers, and
exporters of packing material, jointing and belting materials, asbestos materials and fibres,
insulation material and welding fluxes, cartons, containers, boxes and cases made of paper,
boards, wood glass, plastic, pulp, cellulose films, polythene, rubber, metals, metal foils
gelatine, tin flexible, treated, and laminated, or other materials.
27. To carry on business as manufacturers of and dealers in as stockists, importers and
exporters of bottles, jars, fibrite boxes corrugated containers aluminium foils of all types,
wooden drums, packing cases, rods, wires, ropes, strips, conductors equipment requited for
generation, distribution and transmission of electric energy, cables, motors, fans, lamps,
batteries and accumulators.
28. To sell, breed, import, export, improve, prepare, deal and trade in cattle, bird, poultry, game,
live and dead-stock of every description, eggs, pork-pipes sausages, pickles spices, sauces,
jams, jelly, custard, prawn, potted meats, macaroni, spaghetti table delicacies, bread,
biscuit, wine biscuits and such other ferinaceous goods and products cocoa, confectionery,
cakes and buns.
29. To carry on the traders and business of meal manufacturers, dealers in consumable stores
and provisions of all kinds foods stuffs, grains flour, seeds folder, cane oils, corn, wheat,
wheat products, stores, vegetable oils, ghee and vanaspati products.
30. To set up a tanners and to carry on the business as manufacturers of and dealers in and
importers and exporters of leather and raw hides and skins.
31. To carry on the business as manufacturers of and dealers in or as stockists, importers, and
exporters of plastics, synthetic resins, natural resins, polymer products and chemicals
required for the manufacture, processing and fabrication of plastics and similar other such
products, tubes pipes, sheets films whether moulded extruded casted, formed or foamed.
32. To purchase, hold and acquire mines, mining leases, mining rights, mining claims and
metalliferrous lands and explore, work, exercise, develop and turn to account all sorts of
major and major minor minerals working of deposits of all kinds of minerals and subsoil
materials and to crush, win, set, quarry, smelt, calcine, refine, dress, amalgamate,
manipulate and prepare for market ores, metals, and mineral substances of all kinds and to
carry on mettallurgical operations in all its branches and to prepare, process, manufacture,
assemble, fabricate, cast fit, press machine, treat, weld, harden, plate, temper anneal any
kind of metals and consequential products.
33. To produce, manufacture, trade, deal in all dispose of alkalies, dyes,
chemicals, acids, gases, compounds, fertilisers, chemical, products of every
nature and description, intermediates, derivatives, all types of floatation
regents wetting agents, insecticides, fumigates, dyestuffs, catalyic agents,
direct colours, basic colours pigments, drugs, biological, pharmaceuticals,
sermus, vitamin products, harmones and products, derived from phosphate mines,
limestone quarries, bauxide mines, petroleum, natural gas and other natural deposits useful
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or suitable in the manufacture of chemicals and chemical products and to undertake the
business of spraying of pesticides.
34. To manufacture, generate, produce, sell, dispose of and deal in industrial gases domestic
gases for heating and lighting gas, system, heat light or any other such motive power
obtained by incinerating buring forest refuse, wood and plants.
35. To manufacture, buy, sell, import, export, alter, improve, manipulate, prepare for market,
exchange, install, repaire, service, let on hire and deal in all kinds of surgicals X-ray units, X-
ray equipments, telecommunication machines, business machines, intercoms, teleprinters,
dictating, and recording machines, broadcasting apparatuses, loud-speakers, radios, auto-
radio reverberators, tape-players, cassette tapes, headphones, stereo-complex speakers,
radios control equipments, cameras, binoculars, microscopes, projectors, telescopes,
television sets, refrigerators, coolers, radars, computers and spare parts.
36. To procure of develop and supply technical know-how for the manufacture or processing the
installation or errection of machinery or plant in the working or mines, oil wells or other
sources of mineral deposits or in carrying out any operations relating to agriculture, animal
husbandry, dairy or poultry-farming, forestry or fishery or rendering services in connection
with the provision of such technical know-how.
37. To deal in foreign exchange, subject to approval of appropriate authorities.
38. To organise and carry on the business of advertisers, advertising agents, liputic by
consultants and to organise propaganda and advertising compaigns by means of press
advertisements, pamphlets, handbills, circulars, advertisement reels, posters, cinema slides
or by any other such means of all types or through the means of radio television or any
other such media of all types.
39. To undertake and execute, in India or any part of the world, turnkey projects for electrical
installations, air-conditioning, refrigeration, heating, cooling, ventillation humidification
sanitary, thermal and accustic insulation work.
40. To carry on the business as manufacturers, traders, importers and exporters of and dealers,
in all kinds of carpets and floor coverings, whether made of woollen, cotton, synthetic or
such other fibres or fibrous materials of all types.
41. To carry on the business of providing amusement and entertainment of all sorts to the public
or in private, specially to tourists from India and elsewhere and to carry on the business of
tour packages, special trip to Indian heritage tourist places, travel agency, railway & airlines
tickets issuance, inbound & outbound tour packages for Indian and foreign nationals and to
carry on the business of providing entertainments, event management services in India and
abroad.
42. To carry on the business of public transporters and to pay all types of commercial vehicles
such as Trucks, Tempos, and pick up vans for carrying goods or passengers anywhere in
India.
43. To carry on the business as importers, export agents, distributors, stockists, contractors,
suppliers, dealers of any kind and to act as manufactures, representatives, agents, brokers,
commission agents and merchants of commodities, articles, products and merchants of any
kind or nature.
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44. To secure sound investment of foreign capital in Indian undertaking and enterprises and
Indian capital in foreign undertaking and enterprises.
45. Subject to the approval of RBI under Reserve Bank of India Act, 1934, as amended by RBI
(Amendment) Act, 1997, to carry on the business of leasing and hire purchase and to
acquire to provide on lease or to be provided on hire purchase basis all types of industrial
and offices, plant equipment, machinery, vehicles, buildings and real estate required for
manufacturing, processing, transportation and trading business and such other commercial
and service business related thereto.
46. Subject to the approval of RBI under Reserve Bank of India Act 1934, as amended by RBI
(Amendment) Act, 1997, to Finance the industrial enterprises by way of lending and
advancing money, machinery land, building, shed or such other things as may required by
such industrial enterprises either with or without security and upon such terms and
conditions as the Company may think fit and to guarantee or become securities for the
performance of any agreement or contract entered into by industrial enterprises, with any
financial institutions, banks or other parties for obtaining finance whether for its long terms
capital, working capital, or for any deffered payment finance.
47. To undertake and transact all kinds of agency business and on and promote any business
commercial or otherwise under sound principles and/or to act as distributors, agents,
underwriters, brokers, estate agents, middleman, contract man, representation and
indenting agent on commission, allowance, as may be deemed fit in all commodities,
merchandies and such other alliled articles/lines of business.
48. To carry on the business of Property Consultant and sale and purchase of industrial plots,
Sheds, Factory building, constructions of commercial property, letting out of property,
contractors for constructions of building, roads.
49. To carry on the business of financiers, concessionaries and merchants and to undertake
and carry and execute all kinds of financial, commercial, trading and other operations.
50. To carry on the business of financing and advancing short term and long term loans and
credits to individuals, companies or association of individuals by whatever name called and
either on securities such as lands, buildings or part thereof, machinery, plants, chattels,
vehicles, shares, debentures, government securities, stock certificates, life insurance
policies and unit stock-in-trade or on guarantee or clean without securities and to finance
leasing operation of all kinds.
51. To carry on the business as shares and stocks brokers and to buy, sell and deal in all kind
of shares stocks, securites, bonds, debentures, units and such other instruments of all
types.
IV. The liability of the Members is Limited.
V. The Authorised Share Capital of the Company is Rs. 1,00,000/- (Rupees One Lac) divided
into 10,000 (Ten Thousand) Equity Shares of Rs. 10/- (Rupees Ten) each.
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