You are on page 1of 23

2541

Form No. 11

Model Main Objects Clauses for


Memorandum of Association (MoA) of
various Companies
THE COMPANIES ACT, 1956
(PUBLIC/PRIVATE COMPANY LIMITED BY SHARES)
MEMORANDUM OF ASSOCIATION
OF
XYZ ...... COMPANY LIMITED/PRIVATE LIMITED
I. MAIN OBJECTS/OTHER OBJECTS OF THE COMPANY TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE:
(See Prescribed & Model Forms of Memorandum of Association
(MoA) for various Kinds of Companies in preceding/succeeding
Forms).

Some more useful Model or Sample Main Objects/Other Objects
Clauses for drafting the Memorandum of Association (MoA) of a Public
Limited Company or a Private Limited Company limited by Shares etc.
are outlined below.
1. Air Conditioning & Refrigeration
(1) To carry on the trade and business of makers, manufacturers,
service providers, dealers, importers, exporters, sellers, resellers,
distributors, retailers and stockists in all kinds of air conditioning
and referigeration plants, air -conditioners, refrigerators, fridges,
coolers, cooling plants in India or anywhere in the world.
(2) To trade, manufacture and deal in all ancillary appliances, compressors, apparatus, machinery, parts, components, accessories,
fittings, electricals, voltage stabilisers and all materials, articles
and things required to achieve the aforesaid main objects.
2. Amusement Parks & Clubs
(1) To promote, build, construct, acquire, lease, hire, operate, maintain, run, manage and organise all kinds of amusement parks,
indoor & outdoor amusements, fun & food villages, fun cities, fun
lands, parks, water parks, water sports, gardens, musical gardens,
lakes, resorts, clubs, complexes, pools, malls, funfairs, circuses,
exhibitions, haats, melas, sideshows and games, competitions,
tournaments, sports, fitness centres, gyms, spas, films, cinemas,
concerts, concert halls, theatres, open theatres, television per formances, stage shows, variety shows, aquatic, equestrian and
other events, pyrotechnic, aerial, spectacular and other displays
or shows, dancing, skating and all kinds of amusements, enter tainments and recreations.
(2) To purchase, acquire, construct, build, lease, hire, contract,
provide, operate, equip, run and maintain land, buildings, clubs,
theatres, cinemas, studios, concert halls, stadiums, complexes,
race-tracks, tracks, arenas, golf & putting courses, tennis courts,

2542

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

skating rinks, swimming pools, boating and paddling pools and


lakes, marines, piers, jetties, coach and car parks, tents, vehicles,
boats, chairs, machines and all other structures, apparatus, equipments, articles and things required, necessary or convenient for
carrying on the above main objects, activities, business or businesses of the company.
[See also Tours, Travels, Holiday Resorts and Clubs].
3. Auctioneers & Surveyors
(1) To promote, establish, run, organise, conduct, undertake, manage
and carry on in India or elsewhere the business of auctioneers,
merchants, traders, sellers, resellers, importers, exporters, dealers, brokers, adatias, contractors, mukadams and commission
agents of all kinds of movable or immovable properties, assets,
goods, merchandise, articles, things, manpower and chattels.
(2) To carry on in India and anywhere in the world the business of
surveyors, valuers, loss assessors, appraisers and analysts of all
kinds of movable or immovable properties, assets, goods and to do
all necessary acts and things for the attainment of main objects.
4. Automobiles & Auto Parts
(1) To manufacture, fabricate, assemble, buy, import, export, market,
distribute, retail, sell, resell, lease, let out, hire, broker, run, operate, maintain, manage, carry on the business or deal in all kinds
of automobiles cars, motor cars, luxury cars, taxis, vans, SUVs,
jeeps, scooters, motor cycles, trucks, buses and all light, medium
and heavy vehicles and automobiles of all kinds and descriptions.
(2) To carry on the trade and business of manufacturing, marketing,
import, export, hiring and letting on hire of commercial vehicles,
automobile cars, two wheeler vehicles, heavy and construction
equipments including components, accessories and spare parts
in relation thereto.
(3) To manufacture and deal in auto parts and accessories of all
kinds and descriptions, automotive and other engines, oils, gears,
axles, joints, springs, plugs, pins, springs, lights, lamps, beams,
electricals, accessories and fittings of all kinds and descriptions.
(4) To carry on business as manufacturers and dealers of machinery,
articles, goods and materials of all classes which may be usefully
combined with the manufacturing and engineering business.
(5) To promote, open, build, acquire, lease, set up factories, garrages,
showrooms, workshops, parking slots, provide insurance and other
allied services of all kinds and descriptions.
(6) To carry on the business of financing and re-financing of all types
of vehicles, construction equipments, capital equipments and
services by way of credit, hire purchases, leases and loans.
5. Basic Drugs, Medicines, Pharmaceuticals & Chemicals
(1) To manufacture, produce, refine, process, formulate, manipulate,
buy, sell, resell, import, export or otherwise deal in basic drugs,
pharmaceuticals and chemicals of all kinds and descriptions.
(2) To carry on trade and business as manufacturers, producers,
growers, fabricators, processors, refiners, importers, exporters,
marketers, distributors, stockists, traders, wholesalers, retailers,
sellers, resellers, agents, concessionaires or dealers of all kinds of

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2543

drugs, medicines, chemicals, spirits, mixtures, tonics, pigments,


powders, tablets, pills, capsules, injections, oils, compounds,
mother tincture preparations, globules, creams, scents, soaps,
lotions, toilet preparations, goods and all kinds of pharmaceutical,
cosmetic and medicinal preparations required, used in or known
to allopathic, homeopathic, ayurvedic, unani, biochemic or any
other medicinal system or branch of medicines and also deal in
beauty products, cosmetics, personal hygiene products, cotton,
bandages, orthopaedic and surgical instruments, nourishment
foods, juices, squash, sharbats and concentrates.
(3) To manufacture, trade and carry on the business of all types, kinds
and forms of drugs, pharmaceuticals, chemicals, phyto chemicals,
plant ex-tracts, dyes, pesticides and their intermediates, compounds,
laboratory and scientific chemicals used or capable of being used
in the textiles, agriculture, fertilizers, petrochemicals or any other
industry, trade or laboratory including industrial chemicals or
any other mixture, derivatives and compounds thereof.
(4) To carry on the business as manufacturers, dealers, importers,
exporters, distributors, marketers of all kinds of basic and other
drugs, pharmaceuticals, drug intermediates, chemicals, heavy
or fine, organic, agro-chemicals, aromatic chemicals, dyes and
dyes intermediates, medicinal, herbal, bacteriological, biological,
chemicals and all allied chemicals and products thereof.
6. Beauty Parlours & Beauty Products
(1) To establish, promote, maintain, manage, organise, franchise and
run the business of beauty parlours, body care, beauty, cosmetic
and make up centers, skin and healthcare centers, fitness centers,
health clubs, spas, hair saloons and message centers.
(2) To do business as beauticians, manicurists, bridal make-up,
hair stylist, hair dressers, hair dyers and suppliers of all kinds
of beauty products, cosmetics, wigs and other related products.
(3) To promote, develop, own, franchise, manage, organise, operate
and run academic training institutes in the field of beauticians,
cosmetology, hair styling, hair dressers, wigs and conduct classes,
seminars, demonstrations, education and training programmes in
the field of beauty, body care, cosmetics and to do all incidental
acts necessary and convenient to attain these objects.
(4) To carry on the business of makers, manufacturers, buyers, sellers, importers, exporters, distributors, retailers and dealers of
cosmetics, beauty products, body care products, creams, lotions,
shampoos, ayurvedic preparations and wigs of all kinds and descriptions.
(5) To carry on the trade and business of manufacturers, producers, processors, blenders, makers, researchers, buyers, sellers
and dealers in all kinds of cosmetics, perfumes, scents, sprays,
nail polishes, fragrances, powders, lavenders, tooth pastes, tooth
powders, hair oils, hair colours, beauty soaps, shampoos, creams,
lotions, hina and all medicinal, herbal and ayurvedic cosmetic
and beauty products and their intermediates and raw materials.
(6) To establish, develop, acquire, maintain, manage, run and operate
health care and slimming centers, gyms or gymnasiums, massage

2544

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

parlours, body care centers, barber shops, beauty parlours, boutiques, swimming pools and provide services relating to fitness,
weight loss, weight gaining programmes, aerobics, yoga, sauna,
stem, jacuzzi baths with all modern gadgetries and equipments.
7. Beverages & Food Products
(1) To carry on the trade and business of distillers, manufacturers,
processors, makers, producers, procurers, researchers, consultants, importers, exporters, distributors, wholesalers, retailers,
stockists, dealers, franchisers, franchisees, agents, brokers and
suppliers of all types of spirits, whether rectified or otherwise.
(2) To carry on the business as manufacturers, processors, vendors,
importers, exporters, bottlers, rebottlers, packers of all kinds of
alcoholic spirits, including India Made Foreign Liquor as well as
Country Liquor, Beverage, Wines and others similar products, such
as brandy, whisky, rum, gin, beer etc. whether made of natural
or synthetic materials.
(3) To carry on the business as wholesaler, retailers, distributors,
stockists, dealers, godown keepers, C&F Agents, delcredere agents,
marketers, merchandiser of all kind of alcoholic spirits, including,
Foreign liquor, country liquor, beer, wine, rum, brandy etc.
(4) To carry on in India or anywhere in the world the business to
produce, manufacture, purchase, sell, supply, export, import,
market, deal in wholesale, retail, exchange, distribute, redistribute,
process, pack, store, refine, crush, purify, grind, filter, extract,
represent, act as stockists or consignees of all carbonated and
non-carbonated drinks, fruit juices, fruit pulps, milk, jams, jelly,
sauces, concentrates, food colours, aerated waters, soft drinks,
health drinks, mineral water, alcoholic and non-alcoholic drinks
and beverages of all kinds and descriptions.
(5) To carry on business of all classes and kinds of food items and
food products, whether finished, semi-finished, processed or unprocessed and all fruits, dry fruits, vegetables, green vegetables
and food products made therefrom or from any other material.
(6) To carry on the business as manufacturers, importers, exporters,
agents of bottles, cartons, labels and other packing materials to
be used for the purpose of pursuing the main objects of the company.
8. Builders, Developers & Contractors
(1) To plan, promote, buy, acquire, lay out, develop, build, construct,
erect, demolish, re-erect, alter, re-model or do any other work in
connection with any building scheme, residential colonies, plots,
villas, residential flats, commercial buildings or complex, markets,
office complex, multi-storied buildings, towers, roads, highways,
docks, ships, sewers, bridges, canals, wells, springs, power plants,
wharves, ports, reservoirs, embankments, tramways, irrigation,
improvements, sanitary, water, gas, electric, light, telephone and
power supply works and any other structural or architectural work
of any kind whatsoever and to prepare plans, models, designs,
specifications or estimates, and do all necessary and requisite
acts.

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2545

(2) To purchase, acquire, take on lease, let out, lease, exchange in a


lawful manner any land, building, multi-storied structures, turn
to account the same into real estate, develop, dispose of, maintain
and build townships, markets, residential or commercial buildings, other buildings or conveniences, equip the same or any part
thereof with all or any amenities or conveniences, drainage facilities, parks, schools, clubs, sports complex, golf course, swimming
pools, electricity, generators, lifts, air -conditioning, televisions,
telegraphic, telephonic and all modern facilities and amenities
and to deal with the same in any manner whatsoever.
(3) To carry on the trade and business of developers, builders, consultants, contractors, decorators, architects, real estate agents,
property dealers and to carry on the activities as developers of
land, colonies, sheds, buildings, structures, residential plots,
commercial plots, industrial plots and sheds, roads, bridges,
channels, culverts and to act as architect, designers, contractors,
sub-contractors for all types of constructions and development
works for private sector, government and semi government departments and to develop land, sites and plots.
(4) To acquire, purchase, lease, exchange and otherwise deal in all
types of land and properties of any tenure or interest, to erect
and construct houses, buildings, multi-stories of all kinds and
description on land of the company, other land or property and
to demolish, pull down, build, re-build, enlarge, alter, improve
houses, buildings or other works.
(5) To purchase, sell, market, deal, broker, finance all kinds of properties, land, buildings, flats, houses, plots, freehold or leasehold, any
interest therein, household articles, building materials, properties
and products of other companies in instalments, network schemes
or offer various types of incentives and schemes from time to time
either directly or in collaboration with any other individuals, firms,
companies or bodies corporates in India or elsewhere.
(6) To carry on the business of builders, contractors, sub-contractors,
quasi contractors, government contractors and undertake contracts
and sub contracts by tender or otherwise relating to development,
buildings, construction, modification, repairing, alteration, removal, enlarging, improving decoration, redecoration, designing,
redesigning of civil works, buildings, houses, flats, residential
houses, villas, office complex, commercial complex, multi-storied
buildings, towers, roads, approach roads, streets, circles, squares,
parks, gardens, statues, parking places, parking slots, sports
complexes, flyovers, bridges, dams, water courses and reservoirs,
tunnels, earth works, tanks, drains, sewers and sewage houses,
pipe lines, underground cables, railway tracks, railway sidings,
run ways, ship yards, stock yards, culverts, channels on turnkey
basis, labour contracts or otherwise and to do all other incidental
and ancillary works.
9. Building Materials
(1) To develop, produce, manufacture, refine, prepare, process, pur chase, sell, resell, import, export, distribute, market or generally

2546

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

deal in cement, bricks, sand, stones, marbles, tiles, refractories,


china wares and building materials of all kinds and descriptions.
(2) To manufacture, buy or deal in all building materials, hardwares,
sanitary wares, concrete mixtures, pipes, fittings, tubes, tubular
structures, paints, adhesives, sheets, roofings, glass, furniture,
fittings, electrical goods, water supply or storage tanks and equipments, floor polish, door closures, elevators, lubricant oils, forest
products and any other building or decorative materials made of
cement, stone, timber, teak, board, fiber, paper, glass, rubber,
plastic or other natural or synthetic materials, substances or
chem-icals.
(3) To carry on the trade and business, buy, sell, lease, hire and deal
in all kinds of building and allied materials, construction and
allied materials and all related materials, merchandise, items,
goods, things, equipments, apparatus, machineries, interior and
exterior desings, paintings, etc., necessary for the purpose.
10. Cement & Cement Products
(1) To develop, produce, manufacture, treat, process, refine, export,
import, purchase, sell, resell, market, distribute, wholesale, retail and deal in all kinds of cements, white cement, grey cement,
portland cement, coloured cement, pozzolana cement, alumina,
blast, furnace, slag, sagol and silica cements and cement products
of all kinds.
(2) To carry on the trade or business of and generally to deal in and
to act as producers, manufacturers, stockists, distributors, suppliers, retailers, brokers, agents, commission agents of all kinds of
cements and cement products such as asbestos cement, building
pipes, irrigation pipes, reinforced cement, cement concrete spun
pipes, asbestos cement pressure pipes, fittings, asbestos cement
sheets, poles, slabs, blocks, garden wares, cement boards, mosaic
and terrazzo, tiles, ceramics and ceramic products of all kinds
and descriptions.
(3) To carry on business, manufacture, buy, sell, lease, hire and deal
in all allied and ancillary products, goods, substances, materials,
articles, things, chemicals, compounds, accessories, appliances,
equipments, apparatus and machineries connected with cement
and cement products and related processes.
11. Chemicals & Fertilizers
(1) To carry on in India or in any part of the world all kinds of business relating to fertilizers, heavy chemicals, heavy water and their
by-products, all organic and inorganic chemical compounds and
products of any nature or kind whatsoever, including by-products,
derivatives and mixtures thereof and in particular to carry on
the business of manufacturing, storing, pack-ing, distributing,
transporting, converting, maintaining and rendering assistance
and services of all and every kind or any description, buying,
selling, exchanging, altering, improving and dealing in fertilizers,
including artificial chemicals, heavy chemicals, heavy water and
their by-products, organic and inorganic chemical compounds,
cement, coke and their by products and products of any nature
or kind whatsoever, of every description whether required for

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2547

civil, commercial or military defence purposes and requirements


or otherwise.
(2) To carry on business of chemical, mechanical, civil and electrical engineering in all their branches in India or anywhere in the
world.
(3) To manufacture, produce, refine, process, formulate, acquire,
convert, buy, sell, resell, retail, distribute, import, export or
otherwise deal in all types and kinds of chemicals, organic and
inorganic including, alkalis, acids, gases, petrochemicals, salts,
electro-chemicals, calcite, feldspar, dolomite, gypsum, quartz,
silicon, earth, rock phosphate, soap-stone, laboratory and scientific chemicals, industrial chemicals, agricultural chemicals,
chemical elements, compounds, solvents, mixtures, derivatives,
pesticides, insecticides, explosives, light and heavy chemicals of
any nature used or capable of being used in the pharmaceuticals, petrochemicals, fertilisers, pesticides, insecticides, defence
chemicals, chemicals used in textile industry, glass and ceramic
industries, tiles, poultry feeds, cattle feeds, rubber and paints.
12. Cinemas, Films, Theatres, Multiplexes & Studios
(1) To promote, build, construct, buy, own, develop, procure, acquire,
secure, operate, maintain, run, manage, utilize or initiate Picture
Halls, Cinemas, Theatres, Open Air Theaters, Multiplex Entertainment Complexes, Multiple Cinemas, Speciality Cinemas including
Three Dimensional and Seat Simulators.
(2) To carry on business to provide leisure, entertainment, cultural
promotion, amusement, sports or health units including Malls,
Amusements, Arcades, Food Courts, Food Plazas, Fashion Outlets,
Discotheques, Video Parlours, Restaurants, Pubs, etc. as well as
to carry on all kinds of like business relating to Hotel and Tourism related Industries.
(3) To manufacture, produce, buy, sell, exchange, distribute, import,
export, deal in, market, trade as manufacturers, producers, owners, principal, agents, sub-agents, stockists, representatives, suppliers, distributors, merchants, brokers, auctioneers, importers,
exporters of VCDs, DVDs, movies, films and cinemas of all kinds
including video films, pictures produced in India and abroad.
(4) To produce, treat, process, prepare, alter, develop, expose, edit,
re-edit, exhibit, make, remake, display, print, reprint, convert,
duplicate, finish, buy, sell, run, import, export cine films, TV
serials, telefilms, advertising films, documentary films etc.
(5) To make, create, acquire, build, construct, erect, own, lease,
manage, operate, run and act as producers, owners, proprietors,
distributors, agents, brokers and dealers of cinema halls, multiplexes, theaters, film studios, film cities, film processing labs
and own, buy, sell, lease, or hire copy rights, film distribution &
exhibition rights, audio rights, video rights, VCD & DVD rights,
music rights, dubbing rights and all other rights and interests in
films, shows, telefilms, ad-films, TV serials, theatre shows and
programmes.
(6) To buy, purchase, erect, acquire, hire, lease, maintain, manage,
run or operate cinema halls, picture houses, picture palaces,

2548

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

multiplexes, malls, theatres, open air theatres, film studios, auditoriums, music halls, concert halls, complexes and other places
of entertainment and organise, manage, conduct performance and
exhibition of cinematograph, stereoscopic, coloured or bioscope,
pictures, cinemas, films, operas, stage shows and plays and other
entertainments, amusements and recreations as the company may
think fit.
(7) To permit the companys premises to be used for all or any of
the above purposes and such other purposes as may be deemed
advantageous, beneficial or expedient from time to time.
(8) To buy, acquire, lease, hire, arrange or deal in all or any projectors,
ma-chinery, cameras, instruments, apparatus, chemicals, other
necessary materials for sets, decorations, ornaments, furniture and
fixtures and other infrastructure, articles and things as deemed
necessary in connection with the business of the company.
13. Cloth Mills & Readymade Garments
(1) To carry on, in any part of India, the business of spinners, weavers, manufacturers, ginners, pressers, packers, importers and
exporters of polyester blended viscose suiting and shirting, cotton, jute, hemp, silk, wool and any other fibrous materials and
the business of weaving or otherwise manufacturing, bleaching,
dyeing, printing and selling yarn, cloth, linen and other goods and
fabrics, whether textile, fabric, netted or looped and of buying,
selling and dealing in cotton and other fibrous materials, yarn,
cloth, linen and other goods or merchandise made thereof, and
generally to carry on the business of cotton spinners and doublers,
linen manufacturers, cotton, flak, hemp, jute, silk, wool, yarn and
cloth merchants, bleachers and dyers, makers of vitriol, bleaching
and dyeing materials, and to transact all manufacturing or curing
and preparing processes, and mercantile business that may be
necessary or expedient and to purchase and vend raw materials
and manufactured articles.
(2) To carry on the business as manufacturers, importers, exporters, wholesalers, retailers and dealers in all kinds of synthetics
and man-made fibers and process all such fibers, to spin, make,
produce and process, bleach, dye, print, weave, tuft and finish
all kinds of fiber, yarn and materials made from all kind of fiber,
yarn and materials made from all kinds of fiber, natural, synthetic
or man-made.
(3) To carry on the business of manufacturers, importers and exporters, wholesalers and retail dealers of clothing and wearing apparel
of every kind, hosiery goods of every kind, nature and description,
carpets, durries, mats, rugs, namdas, blankets, shawls, tweeds,
linens, flannels and all other articles of woolen and worsted
materials and articles similar to the foregoing or any of them or
connected therewith.
(4) To carry on the business of fashion designers, drapers and dealers in cloth of all types and every description and makers and
suppliers of clothing and garments of every kind of description,
hosiers and dealers, importers and exporters of all types of ready-

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2549

made garments, all dresses made of natural, synthetic or blended


textiles and of all types and of every description.
(5) To construct and let out buildings, warehouses; to own, charter,
hire and operate aeroplanes, ships, boats, launches and other
means of transport and to carry on the business of ship-brokers,
insurance brokers, managers of shipping property, stevedores,
freight contractors, carriers by land, air and sea, barge owners,
lightermen, fishermen, forwarding agents, ice merchants, refrigerating storekeepers, warehousemen and wharfingers.
(6) To establish and conduct or discontinue or close agencies or
branches and to employ agents in the carrying on of the business
of the Company whether in India or elsewhere on such terms and
conditions as may seem necessary or expedient.
(7) To import, export, buy, sell, use, merchant and deal in, carry,
repair, alter, improve and exchange any machinery, plant, accessories, tools, appliances and apparatus.
14. Cold Storage & Warehouses
(1) To promote, establish, buy, acquire, own, lease, run, manage, conduct and operate cold storage warehouses, dry storage warehouse
and bonded warehouses for the preservation, storage and treatment of merchandise, machinery, food products, farm products,
cereals, seeds and all other articles whether manufactured or not
both the foreign and indigenous production or manufacture.
(2) To carry on the business of producing, growing, dealing, exporting, importing, stocking, storing and preserving in cold storage or
warehouse, and trading, distributing and marketing of agricultural
products, potatoes, vegetables, fruits, dry fruits, wheat, pulses, oil
seeds, spices, fruit juices, ice, ice candy, ice cream, ice products,
carbonated, aerated mineral waters, soft drinks, beverages, dairy
products, wines, liquors and other alcoholic and synthetic drinks.
(3) To buy, sell and deal in cold storages, warehouses, machinery,
apparatus and appliances, hessians and jute bardana bags and
promote, encourage, develop and render consultancy in cold storage and warehousing infrastructure.
15. Computers & Information Technology
(1) To establish, maintain, conduct, provide, procure or make available
services of every kind including commercial, statistical, financial,
accountancy, medical, legal, management, educational, engineer ing, data processing, communication and other technological social
or other services.
(2) To carry on the business as importer, exporter, buyers, lessers,
and sellers of and dealers in all types of electronic components
and equipment neces-sary for attaining the above objects.
(3) To carry on the business of manufacturers, developers, assemblers,
im-porters, exporters, traders, distributors, sellers, resellers and
repairers of computers, laptops, note-books, computer systems,
computer hardwares, computer software packages, computer
peripherals, computer parts, computer consumables, electronic
communication systems, data processing, data publishing, phototypesetters, desk top publishing (DTP), office, commercial &
industrial automation systems, printers, scanners, gadgets, ap-

2550

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

(4)

(5)

(6)

(7)

pliances, accessories, equipments, electrical and electronic equipments, UPS etc.


To own and manage computer training and data processing centers
or in-stitutes and act as consultants, advisors, developers and
traders in computer programming, computer system development,
system designs, system architecture, software designing, computer
aided designs, data compilation, statistical analysis and computer
networking.
To establish and run data processing/computer centers/software
development centers including offshore development centers, offices
and to offer consultancy and data processing software development
services, including development of generic software packages, both
application packages and operating systems and other services,
that are normally offered by data processing/computer centers/
software development centers to industrial business and other
types of customers and to impart training of Electronic Data Processing (EDP), Computer Softwares and Hardwares to customers
and others and to buy, sell, export, import of softwares, hardwares
and establishment of incidental infrastructural facilities.
To provide or take up all Computer and Information Technology
(IT) related services and assignments on contract or sub-contract
basis, annual maintenance contracts (AMCs), offer services onsite/offsite or through development centres using owned/hired or
third party infrastructure and equipments, provide recruitment
and HR related services, provide and take personnel/consultants/
human resources to or from other organizations, provide solutions/
packages/services through applications services providers mode
via internet or otherwise, to undertake IT enabled services like
Call Centre Management, Medical and legal transcription, Data
processing, Back office processing, Accounting, HR and payroll
processing, insurance claims processing, credit card processing,
loans and letters of credit processing, cheque processing, data
warehousing and database management, to carry on the business
of manufacturing, dealing and maintenance of computer hardware, computer systems and assemble data processors, program
designs and to buy, sell or otherwise deal in such hardware and
software packages and all types of tabulating machines, accounting
machines, calculators, computerised telecommunication systems
and networks, their components, spare parts, equipments and
devices and to carry on the business of establishing, running
and managing institutions, school, and academics for imparting
education in computer technology, offering equipment, solutions
and services for Networking and network management, data centre
management and in providing consultancy services in all above
mentioned areas.
To promote, carry on or engage in the business on its own or in
association, collaboration, partnership, joint-venture with any Indian or foreign agency, individuals, firm, company or Government
undertaking either in India or abroad and to act as franchiser or
franchisee for electronic information, technology development,
manufacturing, processing and upgradation of computer systems,

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2551

hardware, software, web-site, web-page, internet, e-mail, online


electronic communication systems, data processing, developing,
producing, generating, manufacturing and dealing in all types
of computer hardwares, softwares, computer peripherals, parts,
components and computer stationery.
(8) To offer, undertake, research, develop, promote, give or provide
consultancy, advisory, maintenance, support and all related services in all the areas of Information Technology including Computer hardware, systems, applications, softwares, data processing,
programming, data communication, telecommunications and all
ancillary services relating to Computer & IT industry in India and
elsewhere.
(9) To acquire, purchase, build, construct, lease, run, operate, conduct
and manage computer hardware and software training institutes
for computer education, training of computer personnel, management, and other training programs and courses in computer
operations, hardware, systems, applications, softwares, programming, computer science, arts, commerce, science, languages, data
processing, office, commercial and industrial processes automation,
upgradation and all other related branches in India and anywhere
in the world.
(10) To organise seminars, workshops, exhibitions, conferences, carry
out research and surveys, obtain, collect, collate, import, export
and disseminate information, data, technical knowledge, knowhow, literature, brochures, technical and other data in the field
of Computers & IT and to spread computer literacy and computer
aided education in rural and urban areas in India and anywhere
in the world.
[See also Educational Institutions & Computer Education].
16. Confectionery & Processed Foods
(1) To promote, manufacture, process, produce, prepare, make, buy,
import, export, sell, resell, distribute, retail, pack, repack, supply, market, act as consignors, consultants, collaborators, agents,
merchants, distributors, stockists and deal in all confectionery
items and processed foods, food items, food products and their
by-products, ingredients, compounds, raw materials, flour, consumables, cornflakes, bakery items, cakes, pastries, donuts and
breads.
(2) To carry on the trade and business of biscuits, chocolates, sweets,
fruit products, glucose, chewing gums, milk cream, ice creams,
aerated or mineral waters, fruit juices, fermentation products,
protein foods, health foods, maize products, other foods, pickles,
jams, jellies, sausages, pizzas, pastas, etc.
(3) To produce, process, buy, sell, import, export and deal in all dairy
products, butter, ghee, cheese, milk, milk products, milk powder,
condensed milk, fresh and dehydrated vegetables, fruits, fruit
products, dry fruits, cocoa, cocoa beans or seeds, cherries and
all allied items.
(4) To do all incidental and ancillary acts and things for the attainment of the aforesaid objects.

2552

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

17. Copper & Copper Products


(1) To make plans, projects, schemes and studies pertaining to the
exploration, exploitation, mining and the like of copper and copper
ore. To search, prospect, get, win, work, raise, beneficiate, make
merchantable, sell, dispose of and deal in all minerals and substances and manufacture and sale of produce obtained thereby.
(2) To carry on in India and elsewhere trades or business of metallurgists and miners including beneficiation of minerals, mineral
dressing, concentration, smelting, refining and the extraction,
manufacture and fabrication, purchase and sale of and generally
dealing in all metals and their products and alloys and in particular
to manufacture and/or produce and/or otherwise engage generally in the manufacture or production of or dealing in ores and
concentrates of Copper, Zinc, brass and lead, zinc and land metals
and their products and bye-products of all kinds and fertilizers,
sulphuric and other acids, chloride and other chemical products
and the sale, dealing or other disposition of such products/bye
products.
(3) To mine quarry, beneficiate, concentrate, dress, smelt, refine,
manufacture, process, fabricate, purchase or otherwise acquire,
sell or otherwise dispose or deal in ores containing copper, lead,
cine or cadmium, concentrates of copper, lead and zinc, copper,
lead and zinc alloys and compounds, copper, lead and zinc goods,
wares and products of all kinds, fertilizers, chemicals, compounds
of metals and minerals or other materials of every kind needed for
or resulting from the mining, production, purchase or processing
of ores containing copper, lead and zinc or cadmium, copper, lead,
zinc, cadmium metals and their products of every kind.
(4) To search for, inspect, prospect, examine, explore, mine, quarry,
purchase or otherwise acquire in India or elsewhere in the world,
ores containing copper, lead, zinc or cadmium, concentrates of
copper, lead and zinc copper, lead and zinc metals and their products and all other metals, minerals and minerals substances of
every kind, of direct or indirect use in the production of copper,
lead, zinc, cadmium and other metals or which may re-sult as
incidental to or bye-products of any of them.
(5) To buy, sell, smelt, refine, manufacture, fabricate and deal in
minerals and metals alloys of all kind.
(6) To develop consultancy services in the field of copper mining,
concentrating, smelting, refining and act as consulting engineers
and metallurgists in all field of engineering and metallurgy and
to carry on the business of me-chanical, metallurgical, mining,
chemical, electrical and civil engineering including in particular
the work of selling, erecting, installing, operating, maintaining
and repairing all types of plant, machinery and equipment.
(7) To undertake, carry on, or cause to be carried on, and assist
contribute in any form, research in all fields of metallurgy and
engineering in India and elsewhere and to construct, execute,
carry out, equip, improve, work, purchase or otherwise acquire,
hire, lease, develop, administer, manage, control laboratories,
technical training educational institutes, schools or colleges.

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2553

(8) To carry on business, manufacture, produce and deal in copper of


all kinds and description, copper alloys, copper metal, unwrought
copper, copper waste, copper scrap, copper foils, copper powders,
copper flakes, copper strips, copper sheets, copper wires, bars,
angles, tubes, pipes, containers, cables, bolts, nuts, screws, pins,
washers, springs, sanitary wares, hardware, utensils, electronic
goods and other allied items, machineries, their parts, fittings,
accessories, components and apparatus all products and byproducts.
18. Educational Institutions & Computer Education
(1) To promote, establish, develop, acquire, franchise, manage, run
and operate computer training institutes and other educational
institutions or centers, satellite classes, virtual classes, coaching
classes, play schools, schools and colleges for all ages to impart
basic, primary, secondary, higher, advanced and professional
education, degree and diploma courses, certificate courses and
continuing professional education and knowledge in all subjects
and branches of education, such as, computer education, arts,
science, engineering, medical, commerce, accountancy, financial,
management, commercial, industrial, legal and any other subject,
branch or faculty of education.
(2) To carry on the business of computer education in India and/or
abroad, in all fields of softwares, hardwares, and marketing by
organizing courses, running bureaus, publishing books, magazines,
notes and other materials in typed, cyclostyled, video, audio or
any other forms/medias and to set up wide area and local network
for educational and research purposes.
(3) To carry on the business to develop, design, buy, sell, distribute,
import, export, alter, exchange, install, repair, research, service
or otherwise deal in all kinds of computers, hardwares, softwares,
computer peripherals, data processing machines, and other educational softwares.
(4) To render organizational development services, establish and operate training centers (data and information centers and bureaus)
and to render services to customers in India and elsewhere by
processing their jobs at data processing centers.
(5) To carry out all these activities necessary for the dissemination of
knowledge/literature in the field of computer and other subjects
such as mathematics, social sciences, pure sciences such as
publishing, operating press, setting up database, CD-ROMs and
DVDs.
(6) To carry on the business of imparting Education and to develop,
import, export, buy, or act as consultants of Educational content
programmes, Educational infrastructure, Educational technology solutions, Educational CDs and DVDs and development and
selling of Systems and application software, computer hardware,
computer peripherals, data processors and to act as providers of
Infotech Services, Enterprise Solutions, Out-sourcing Services,
Facility management, infotainment and E-commerce.
(7) To carry on the business in India and Abroad of Manufacturers,
designers, creators, dealers, importers, exporters, promoters,

2554

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

venture fund provides, value added resellers, contractors, of all


kinds of computer hardwares, peripherals, data capturing, storage,
digital cameras, videos and audio devices for multi media, modern,
remote servers and data processors, processing and transmitting
devices, wired and wireless communication and data processing
devices, components, electronic chips and circuited boards, stor age devices, communication devices, softwares, programmers,
providers, internet, talenet, cabinet services for training education. Commercial entertainment, training, research, development
and non commercial applications.
19. Engineering & Turnkey Services
(1) To carry out, in India or elsewhere, the business of engineers,
buyers, sellers, importers, exporters, dealers, agents or/and undertaking designing, engineering, erection, laying, construction,
commissioning and maintenance of all kinds of factories, plants,
machines, machine tools, equipments, components, spares, piping, fittings, pipe coatings, instrumentation, insulation, refractory
lining and corrosion resistant lining, turbines, power systems and
heat recovery systems and such systems and components for:
(a) Cement, paper, pulp, chemical, sugar, textile, plastics, alcohol,
brewery, tanneries, vegetable oil, synthetic, rubber, man-made
fibres, drugs, pharmaceuticals, soap and detergents, food and
allied industries and heavy structure works.
(b) Onshore and offshore facilities for exploration, drilling, production, transportation and distribution of crude oil, shale
oil, oil products and gas, refineries, petrochemicals, fertilizers,
mining, ferrous and non-ferrous metal and steel, energy and
power generation industries, material handling and transpor tation/transmission.
(c) Consumer, domestic and industrial goods, products, appliances, systems, sub-systems, components and spares thereof.
(2) To render engineering, turnkey, general construction and all other
kinds of services in India or abroad and to export services, labor
and manpower anywhere in the world in connection with business
referred to in paragraph (1) above.
(3) To build, own, operate, infrastructural projects and to improve,
manage, cultivate, develop, exchange, let on lease, transfer or
otherwise mortgage, charge, sell, dispose of such projects.
(4) To carry on the business of leasing and hire-purchase of all types
of industrial and office plant, equipment, machinery, vehicles,
buildings and real estate required for manufacturing, processing,
transportation and trading business and other commercial and
service businesses.
20. Fashion Designers
(1) To carry on the business of fashion designers, drapers and dealers in designer suits, sarees, all men, women and children fancy,
designer dresses and party wears, cloth of all types and every
description and makers and suppliers of dresses, garments and
clothing of every kind or description, hosiers and dealers, importers and exporters of all types of readymade garments, all designer

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2555

dresses made of natural, synthetic or blended tex-tiles and of all


types and of every description.
(2) To carry on the business of designers, manufacturers, fabricators,
importers, exporters, wholesalers, retail dealers, franchisers of and
in mens, womens and childrens clothing and wearing apparels
of every kind, nature and description including suits, designer
dresses, sarees, lehangas, party-wears, ladies and gents dresses,
shirts, t-shirts, suits, business suits, coats, trousers, ready made
garments, night dresses, track suits, nighties, undergarments,
lingeries, brasses, brasseries, panties, vests, casuals and designer
wears of all kinds.
(3) To carry on the business of manufacturers, importers, exporters,
dealers, distributors, marketers, wholesale and retail dealers of
and in hosiery goods of every kind, nature and description for
men, women and children including vests, underwears, socks,
stockings, sweaters, laces, and so on and of all or anything which
is used in hosiery goods.
(4) To carry on the business as manufacturers, makers, designers,
traders, dealers, importers and exporters of all kinds of designer
dresses, fibres and yarn man-made or otherwise, textiles and
textile materials natural or otherwise. To carry on the business
of preparing, spinning, doubling, weaving, combing, scouring,
sizing, mixing, twisting, bleaching, colouring, knitting, dying,
printing and finishing whatever fibres or textile substance or any
substitute for any of them.
(5) To open boutiques, showrooms, malls, organise, franchise and
take part in fashion shows, events and exhibitions in India and
abroad.
21. Gases & Gas Products
(1) To promote, develop, carry on trade and business as producers,
manufacturers, processors, converters, refiners, makers, bottlers,
stockists, dealers, importers, exporters, traders, retailers, agents,
buyers or sellers of oxygen, acetylene, ammonia, carbondioxide,
nitrogen, hydrogen, helium and gases of all kinds/descriptions.
(2) To carry on the business and deal in all types and kinds of gases
required for or used in industries, agriculture, clinics, hospitals,
refrigeration, aviation, transport vehicles, space rockets and crafts,
communication, objects and media, power plants, domestic or
public lighting, heating, cooling or cooking purposes, lighters,
plants producing water, chemicals or fuels, pesticides, defence or
warfare establishments, horticulture, forest or plant protection
and growth and allied purposes.
(3) To service, repair, maintain, manufacture, market or deal in plants,
machinery, spares, cylinders, containers, gadgets, appliances and
accessories, cooking ranges, kitchen burners and all allied and
ancillary products required for working on, using or producing
any of such gases and products.
22. Hospitals & Health Services
(1) To promote, build, own, establish, acquire, manage, operate, run
and maintain hospitals, nursing homes, health centers, diagnostic
centers, medical and other research centers, immunisation cen-

2556

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

ters, rehabilitation centers, service centers, clinics, polyclinics,


laboratories, blood banks, and to provide medicines, drugs and
all utility articles, facilities and services to patients, attendants
and others and to provide aids to medical personnel for research
and development and to act and work as consultants in medical
profession in India and abroad.
(2) To plan, establish, develop, provide, promote, use, operate, conduct, procure, maintain, the Healthcare Services and products,
medical products on World Wide Web, do business and to act as
a Consultant for all types of techno Healthcare and other related
services, HIS Implementation, Tapping the Business Process Outsourcing opportunities for Healthcare clients and offering services
such as Medical Billing, Medical Coding, Claims Processing and
other services; E-Commerce, E-Business in the fields of Healthcare, to provide service for Hospitals, Nursing Homes, Diagnostic
and Medical Centres, Clinics, Pharmacies, Medical Education
Training and Research Centres in India and Abroad for data acquisition, data processing, database creation and management,
website creation in the field of Healthcare Management and also
to provide all other value added services and to act as Internet
Service Provider, Access Provider and other Service Providers to
provide information relating to Healthcare Services/Products/
Healthcare Management and to plan, establish, develop, provide,
promote, use, operate, conduct, procure, maintain, do business
and to act as Consultant for, establishment and development of
infrastructure required for the provision of the above services.
(3) To establish, maintain, develop, construct, procure or to act as
service provider of every kind in the field of Tele Medicine, Tele
Education, Tele Trading, E-Commerce, E-Business in Health Care
Services/ Products, facilitate health education for the public, medical professionals and technologist to access healthcare resources
and treatment options and carry out activities such as Website
creating interactivity on net and integrated distribution system to
reach the population residing all over the World to deliver health
related services/products.
(4) To develop, implement and maintain the software, computer systems
and related hardware, peripherals, communication equipments
and other accessories for the use of Telecommunications and
Networking Technology to create Website for providing Healthcare
Services.
(5) To establish, develop and maintain diagnostic centers, pathological laboratories, X-ray clinics, ultrasound, cardiographic and
sonographic centers, operation theaters, research centers, nursing homes, hospitals, intensive care units (ICUs) and render all
services relating to treatment, prevention and cure of deseases
and ailments.
23. Infrastructure Company
(1) (a) To carry on the business of developing, maintaining and operating of road, highway project, bridge, express ways, Intra-urban
roads and/or peri-urban roads like ring roads and/or urban bypasses, fly-overs, bus and truck terminals, subways, port, inland

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2557

waterways and inland ports, water supply project, irrigation project,


sanitation and sewerage system, water treatment systems, solid
waste management system or any other public facility of similar
nature.

(b) To carry on the business of developing, maintaining and operating construction and development of housing projects either
individually or as joint venture with any other company/firm/
individual/consultant whether local or foreign.

(c) To carry on the business of developing, maintaining and operating of Special Economic Zones or other Export Promotion
Parks, Software Technology Parks, Electronic Hardware Parks,
Bio-Technology Parks and other industrial parks either individually
or as joint venture with any company/firm/individual/consultant
whether local or foreign.

(d) To carry on the business of developing, maintaining and operating rail system, mass rapid transit system, light rain transit
system, Inland Container Depot (ICD) and Central Freight Station
(CFS).

(e) To carry on the business of developing, maintaining and operating of airport, carry out detailed studies for the airport project inclusive of physical/engineering surveys and investigation,
concept planning, detailed master planning, detailed design and
engineering and all such Activities that together provide the basis
for the implementation of the project.

(f) To design, develop, fabricate, manufacture, assemble, export
from and import into India, buy, sell or otherwise deal in and to
act as consultants or render services in connection with all kinds
of telecommunication equipments including terminal equipments,
exchange equipments, electronic private automatic branch exchanges (EPABX), rural automatic exchanges (RAX), telephone
instruments, switching exchanges, equipments, power line protective relay systems wave traps, measuring and testing instruments, wire group selectors and inter digital multi line connectors,
power line carriers, communication equipment systems, radar and
satellite communication equipments, digital telemetering control
systems and all components, accessories, spare parts, kits and
sub-assemblies in respect thereof.

(g) To carry on the business of developing, maintaining and operating of providing telecommunication services whether basic
or cellular including radio paging, domestic satellite service or
network of trunking and electronic data interchange services, the
telecommunication services be provided either by satellite owner
and operated by an Indian company or a foreign company.

(h) To carry on the business of developing, maintaining and
operating of any other facility that may be noticed in future as
infrastructure facility either by the State Governments and/or the
Government of India or any other appropriate authority or body.
(2) To establish software development centers, to enter into joint
development/business alliances with other national or international firms/companies/individuals/consultants and to carry on
the business of the information technology, software consultancy

2558

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

in telecom and all other areas. Industries, sectors including government and multilateral agencies etc. To act as Internet service
providers, content development of internet, web hosting, web
sites design, domain name services, server farms, e-mail services,
e-commerce and other business. To carry on the business of setting, running, managing internet networks, advertising through
network, and production of other intellectual properties.
(3) (a) To carry on the business of developing, maintaining and operating of project for generating or generation and distribution of
electricity or any other form of power of energy, start distribution
by laying a network of new distribution lines. To carry on the
business of generators, procurers, suppliers, distributors, converters, processors, stores, importers and exporters and dealers
in electricity including without limitation thermal, solar, hydro,
wind, tidal, geothermal and any other form of energy that may
be permitted by official policy, any product or by-product derived
from any such business under conditions of direct ownership or
through its affiliates, associates or subsidiaries.

(b) To generate, harness, develop, purchase, accumulate, distribute, sell and supply electric power in all branches, at places, both
public and private by setting up power plants by use of liquid,
gaseous or solid fuels for the purpose of light motive power and
for all other purpose for which electrical energy can be employed.
To carry on and generate power supply either by hydro, thermal,
gas, diesel oil or through renewable energy sources such as solar, photo voltaic, wind mill and/or any other means, distribute,
supply and sell such power either directly or through facilities or
Central/ State Governments or private companies or Electricity
Boards to indus-tries and to Central/State Governments, other
consumers of electricity including for captive consumption for
any industrial projects, promoted by this company or promoter
companies and generally to distribute, sell and supply such power
and also to carry on the business of consultants in setting up
all types of plants for production of electrical energy and also
to undertake research and development programs in the field of
electricity, electronics and other allied fields, to promote, take
over, participate in any enterprise, requiring electric power for
its manufacturing operation, by supply of electric power for its
manufacturing operation, by supply of electric power exclusively
or partially.
(c) To plan, promote and take up developmental work for the
power sector, generate, purchase and trade in power in an optimal
manner, inter -state, intra-state, inter -region and cross border.
(d) To engage in the business of purchasing, procuring, selling,
importing, exporting and trading all forms of electric power and
ancillary services on commercial basis, individually or on joint
venture basis.
(e) To act as agent of public/private sector enterprises, financial
institutions, banks, central government, state governments etc.
engaged in planning and development of power sector.

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2559

(f) To promote and organize research and development and carry


out consultancy services in power sector and related activities.
(4) (a) To undertake and carry on the business of providing financial
assistance by way of subscription to or investing in the equity
shares, preference shares, debentures, Bonds including providing
of long term and short term loans, lease-finance, subscription to
fully convertible bonds, non convertible bonds, partially convertible bonds, optional convertible bonds etc., giving guarantees or
any other financial assistance as may be conducive for development, construction, operation, maintenance etc., of infrastructure
projects in India in the fields of roads, highway, power generation
and for power distribution or any other form of power, telecommunication services, bridge(s), airport(s), ports, rail system(s),
water supply, irrigation, sanitation and sewerage system(s), Special Economic Zones or other Export Promotion Parks, Software
Technology Parks, Electronic Hardware Parks, Bio-Technology
Parks and any other industrial parks or any other public facility
of similar nature that may be notified in future as infrastructure
facility either by the State Governments and/or the Government
of India or any other appropriate authority or body.

(b) To set up, create, establish, issue, float and manage any agencies (In India or any part of the World), trusts or funds including
any mutual funds, growth funds, investment funds, infrastructure
Income or Infrastructure capital funds, taxable or tax exempt
funds, provident, pension, gratuity and superannuation funds,
charitable funds, trusts or consortium funds registered under the
provisions of the Registration Act and/or any other relevant Acts
as administrators or Managers of such funds and trust and to
act as trustees for bond-holders, debenture-holders etc. to invest
in equity shares, preference shares of enterprises or companies
engaged in the developments, construction, operation and maintenance of infrastructure projects of power generation, power
distribution, telecommunication services, bridge(s), rail system(s),
port(s), airport(s), water supply, irrigation, sanitation and sewerage system(s), providing short term and long term loans, lease
finance, subscription to bonds, and any other form of financial
assistance in the form of guarantees. Venture capital technology
funds of any other funds for seed capital, risk capital foundation,
etc., and for other purposes herein.

(c) To undertake and carry on the business of equipment leasing,
immovable properties of all kinds and description and right title
and interest there-in and leasing of all kinds of goods and articles
(Including Plants, machinery, vehicles, ships, vessels, aircrafts,
apparatuses, computers etc.,) whether required for commercial,
Industrial or business use or for any purposes whatsoever.

(d) To undertake and carry on the business of identifying Infrastructure projects (as defined in 1(a) above), project ideas, to prepare project profiles, project reports, market research, feasibility
studies and reports, pre investment studies at micro and macro
level, act as advisers in management of undertaking business enterprises, technical process, sources of plant and machinery and

2560

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

other utilities for business entrepreneurs, investment counseling,


portfolio management, providing financial and invest-ment assistance, syndication of financial arrangement either in domestic
market or international market, assisting the setting up of joint
ventures, assisting in drafting joint development agreements
between developers, financial and allied consultancy services in
furtherance of the main objects.

(e) To undertake and carry out the business of infrastructure financing in all angles, whether expressly mentioned herein or not,
including consultancy services of all kinds and description and
in all branches and kinds and for its purpose to open branch/
branches in India or any part of the world and without prejudice
to the generality of the foregoing, to buy, underwrite, invest in and
acquire and hold, sell and deal in stocks (all kinds), debenture
stock (whether or not convertible, including optionally convertible debentures), bonds, obligations and securities issued or to
be issued by any firm or body corporate, either with limited or
unlimited liability, or issued or guaranteed by any Government,
state, dominions, commissioners, public body or authority, municipal local or otherwise, firm or person in India or elsewhere
and to act as technical consultants, to act as financial consultants, investment counseling, and tie up for project and working
capital finance, syndication of financial arrangements whether
in domestic market or international market, handling of mergers
and amalgamations, assisting them in setting up of joint ventures, foreign currency lending services to Non-Resident Indians,
tax consultancy, and in consortium or otherwise to do all other
incidental activities which come within the scope of management,
technical, financial and allied consultancy services in furtherance
of the main objects.
(5) To purchase, take on lease or in exchange, hire or otherwise any
immovable and/or movable property and/or any rights or privileges in respect thereof and further to get assignment or mortgage
bonds and similar other instruments which the company may
think necessary or convenient for the purpose of its business,
and further to sell, exchange, improve, manage, develop, lease
out, mortgage, dispose of or turn to account and/or otherwise to
deal with all or any such movable or immovable property, rights
and privileges thereof, upon any terms and for any consideration
as may be thought fit.
(6) To undertake construction or direct the management of construction of Industrial and other property buildings, lands and estates
of any kind, acquiring the land directly or through any agency
on behalf of other and also to acquire, but, sell, hire, let on hire,
construct or otherwise deal in any movable or immovable property
which the company may think it favorable, by way of investment
or with a view to release or lease or otherwise.
(7) To carry on the business of any or all the objects of the company
by way of entering into an agreement with the Central Government
or a State Government or a local authority or any other statutory body for developing, maintaining and operating all or any

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2561

business of the company and also subject to the condition that


all such business along with the infrastructure be transferred to
the central government, local authority or such other statutory
body as the case may be in accordance with any such agreement
entered into with all or any of the above mentioned govt. body or
authority.
(8) To carry on the business of any or all the objects of the company
by way of entering into an agreement with the Central Government
or a State Govt. or a local authority or any other statutory body on
Build-Operate-Transfer (BOT) or on Build-Own-Operate-Transfer
(BOOT) basis, Build-Own-Lease-Transfer (BOLT) scheme wherein
the company will provide the necessary and crucial components
of infrastructure system, own them for a stipulated period and
may or may not maintain or operate the same. Also the company
will lease the asset of all or necessary and crucial components
of the Infrastructure for maintenance and operation and shall
ultimately transfer to the Government bodies or authorities.
24. Tours, Travels, Holiday Resorts and Clubs
(1) To carry on trades and business of general travel passenger, tourist
and transport agents and contractors, organizers of travel by land,
water, air, railroad, steam or other ships, aircrafts, aeroplanes,
automobiles and to act as automotive vehicle owners, charterers,
hirers, contractors, agents, import and export agents, freight, baggage storage, forwarding contractors and agents, recruitment and
emigration agents, general carriers and contractors, wharfingers,
carmen, owners and proprietors of bonded stores, warehouses and
depositories of all kinds, removers of all kinds of goods by land, air
or water, and provision of services in connection therewith, hotel
agents and caterers, insurance agents, surveyors and providers
of services, necessaries and articles of all kinds for travellers or
tourists throughout the world.
(2) To grant and issue letters of credit and circular notes and to issue, sell and encash travellers cheques, to buy, sell and deal in
foreign exchange and provide facilities of all types for remittance
of funds.
(3) To act as tour operators, organize conferences, conventions, seminars and tours, trips, excursions, sojourns, holiday camps, hikes,
treks, expeditions, safaris to any sea, mountain, lake, forest or
holiday resorts of tourist interest or any other place either in India
or any part of the world and to prepare plans, maps, itineraries,
routes for the same and to book tickets and accommodation and
to provide all types of assistance to tourists and travellers.
(4) To carry on the business of hotel, guest house, lodging house,
restaurant, conference centre, motel, holiday camp, leisure centre,
centre for water sports, adventure sports, amusement parks and
golf courses, theme parks, exhibition centres, movie theatres,
discotheques, caravan site and apartment-house proprietors; to
equip and furnish any such property for the purpose of letting
it to visitors or guests or giving it on time sharing or property
sharing basis by days, weeks, months, points and any undivided
shares with our without holiday exchange basis both in India and

2562

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

(5)

(6)

(7)

(8)

outside India (including outright sale thereof) whether in single


rooms, suits, chalets, villas, caravans, movable structures, cottages or otherwise and to buy, sell, import, produce, manufacture
and deal in food and food products, meat, fish, groceries, fruit,
confectionery, wine, spirits, beer and other beverages whether
alcoholic or not.
To manage and to provide consultancy services and other services
and facilities of every kind and sort for the management of hotels,
lodging houses, resorts, motels and dwelling units, restaurants,
cafes, refreshment rooms, clubs, gymnasiums, casinos, kitchen,
canteens and for the sale of food and beverages of every kind and
to manage and to provide consultancy services for all manners
of entertainment, amusement and recreation and leisure sports
of every description for the public in India and any part of the
world.
To carry on the business of or to manage or provide consultancy
services in connection with services related to and ordinarily
provided by a hotel, motel, lodging house, resort, dwelling unit
of every kind and sort including but not restricted to business
centres, medical and health services, laundry, sports facilities
and conference facilities and to carry on and engage in the business of providing consultative and technical services relating to
the business of the company by way of market survey, preparing
feasibility and project reports and to enter into any arrangements
of licensing, chartering, brokerage, technical business or financial collaboration with any other party or concern, for singular or
mutual benefit of intake or outflow of know-how, whether existing
or newly developed techniques, including any rights or special
methods and trade secrets.
To carry on the business of or manage or provide consultancy
services in connection with hospitality management schools,
catering schools, hotel management schools, and other training
institutions, professional colleges and training and educational
institutions relating to the business of the company with or without
any affiliation from Indian or foreign governments, universities or
any other professional bodies, or individuals in India or abroad
and to impart academic, professional or technical education to
provide knowledge in the field of hospitality management or other
related field.
To purchase, sell, develop, take in exchange, or on lease, hire
or otherwise acquire, whether for investment or sale, or working
the same, any real estate including lands, business, building,
houses, cottages, shops, houses, flats, row houses, residential
and commercial buildings, sheds, concessions, privileges, license,
easement or interest in or with respect to any property whatsoever
for the purposes or in relation to the holiday resort business of
the company in consideration for a gross sum or rent or for any
other consideration and to rent, lease or sell or let out otherwise
apartments, flats and other residential units therein and to provide for the conveniences commonly provided in flats, sites and

MODEL MAIN OBJECTS CLAUSES FOR MEMORANDUM OF


ASSOCIATION (MOA) OF VARIOUS COMPANIES

2563

residential and business quarters relating to the holiday resort


business of the Company.
__________


Prescribed & Model Forms of MoA & AoA : See Prescribed Forms of Memorandum of Association (MoA) & Articles of Association (AoA) for various Types,
Kinds and Categories of Companies in Tables A, B, C, D and E of Schedule I to the
Companies Act, 1956 (1 of 1956) as well as Model Forms of MoA & AoA in respective preceding and succeeding Forms.

Preliminary Notes : See Meaning and Kinds of Companies, Minimum Paid-up
Capital, Requirements as to MoA & AoA, E-Filing of eForm 1 with MoA, AoA, eForms
18 and 32, Instructions for Filling of E-Form 1, List of Main Divisions of Industrial
Activities, State-wise Stamp Duty Rates for eForm 1, MoA and AoA & e-Stamping
mandatory through MCA-21 (w.e.f. 12-9-2009), Registration Fees & Filing Fees in
eMode/Challan mode (w.e.f. 29-5-2011), User Guide on Paying MCA-21 Fees & eStamp Duty via NEFT & Steps to Register a New Company on the MCA-21 portal,
dealt with earlier in this Chapter.