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    Memoranda

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    1. MOA

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    Memoranda

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    6 views10 pages

    Moa

    Uploaded by

    Hussain Ali
    Memoranda

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    tL ‘THE COMPANIES ACT, 1956 COMPANY LIMITED BY SHARES: MEMORANDUM OF ASSOCIATION OF ‘SAFEWATER LINES INDIA PRIVATE LIMITED ‘The name of the Company is SAFEWATER LINES INDIA PRIVATE LIMITED. The Registered Office of the Company will be situated in the State of Maharashtra i.e. within the jurisdiction of Ragiswar of Companies, ‘Maharashtra at Mumbai. ‘The objects for which the Company ig established are: MAIN OBJECTS OF THE COMPANY TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE: ‘To undertake and carry on all or any of the trades and business of freight contractors, carriers, shippers, shipping agents, ship owners, ship brokers, freight brokers, underwriters, ship managers, tug owners, agents for owners / charterers of all types of ships including tankers, bulk carriers, containers, agents of operators of shipping lines, consolidation and ‘multimode! transport operations. OBJECTS INCIDENTAL OR ANCILLARY TO THE ATTAINMENT OF MAIN OBJECTS: To enter into, make and perform contracts of every kind and description, agreements and arrangements with any person, firm, association, ‘corporation, municipality, country, state body or Government or colony or dependency thereof. To buy, exchange, alter, improve, manipulate, prepare for market and otherwise deal in all kinds of plant, machinery, apparatus, tools utensils, receptacles, substances materials, articles and things, necessary or convenient for carry on any of the business or processes of the Company usually dealt in by persons engaged in the like business or processes. ‘To procure recognition forthe Company in any part of the Country. To apply for purchase or otherwiso acquire any patent, trademark, borevetted invention, license, concessions, protections, rights, privileges and the like conferring any exclusive or non-exclusive or limited rights to any secret or other Information as to any invention which may seem ‘capable of being used for any of the purpose of the Company of the acquisition of which may seem directly or indirectly or use of benefit to 2 9. 10. uM. 12. 1B. ‘the company or may appear likely to be advantageous or useful to the Company and to use, exercise, develop o grant license, privileges, in that respect or otherwise turn to account the property, right or information so ssequired and to assist, encourage and spend money in making experiments, tests, improvements of all invention patent and right, which the Company thay acquire or propose to acquire. To distribute amongst the members of the Company dividends including bonus shares (jncluding fractional share-certificate) out of profits, ‘ccumulated profits or funds and resources of the Company in any manner permissible under law in the winding up. To amalgamate with any Company or Companies having objects altogether or in part similar to those as this Company or any other Company subject to the provisions of Sections 391 to 394 of the Companies Act, 1956. ‘To open branches in India and to get the Company registered in any foreign country and adopt such means of haking known to the public the business or the products of the Company as may seem expedient and in particulars by advertising in the press, by circulars, and publication of ‘books and periodicals. ‘To camry on business in India'as that to Agent and/or License holder of an ‘any domestic and/or any intemational shipping companies, airlines of ‘world and to collect money on their behalf. ‘To own steamer ship, containers, trucks, cars and other transport vehicles for business of Company and to give them on rent or on lease for its profitability. a To acquire and undertake the whole or any other part of the business, ‘goodwill, and assets of any person, firm or Company carrying on or proposing to carry on any of the business which the Company is authorised to carry on. Subject to the provisions of the Companies Act, 1956 to invest and deal with the monies of the Company not immediately required in such shares or upon such securities and such manner as may from time to time ‘be determined. ‘To borrow or raise money other than public deposit in such manner as the Company shall think fit, and in particular by the issue of debentures, or debenture Stock (perpetual or otherwise), and to secure the repayment of any money borrowed, raised, or lien upon the whole or any part of the ‘Company's property or assets (Whether present or future) including its uncalled Capital, and also by a similar mortgage, charge or lien to secure and guarantee the performance by the Company of any obligation or liability it may undertake provided Company shall not carry on Banking Business as defined in the Banking Regulation Act, 1949, subject to the provisions of section 58-A and directives of RB.L SReke RFR ae 8 meee 14, 15, 16. 17. 18, 19, 20. ai. 23, 24, To draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange, bills of lading, warrants, debentures and other negotiable or transferable instruments. To subscribe for, take purchase, or otherwise acquire and hold shares or other interests in or securities of any other companies. Toremunerate any person, firm or Company rendering services to this ‘Company, either by cash , payment or by the allotment to him or them of shares or securities of the Company credited as paid up in full or in part, cor otherwise, as may be thought expedient, To promote any other Company for the purpose of acquiring the any part of the business or property and undertaking any of the i of this Company, or of undertaking any business or operations ‘which may appear likely to assist or benefit this Company or to enhance « the value of any property or business of this Company, and to place or ‘guarantee the placing of, underwrite, subscribe for, oF securities of any such Company as aforesaid. To sell or otherwise dispose off the whole or any part of the business or property of the Company, either together or in portions, for such ‘consideration as the Company may think fit, and in particular for shares, debentures, or securities of any Company purchasing the same. Subject to the provisions of Companies Act to subscribe or contribute any ‘money for any national, charitable, benevolent, public, objects of any exhibitions, or for any other purpose including contributions, which may be considered directly or indirectly to further the objects of the Company ‘or the interests of its members or its profitability. To carry on the business which may seem to the Company capable of being conveniently carried on in connection with the above objects, or calculated, directly or indirectly to enhance the value of or render more profitable any of Companys propery. ‘To open an account or accounts with any individual, firm or Company or with any Bank or Bankers or Shroffs and to pay into and to withdraw from such account or accounts. To take part in the formation, management, supervision, or control of the business or operations of any Company or undertaking and for that ‘purpose to act as administrators, receivers or in any other capacity, and to ‘appoint and remunerate Directors, administrators, managers or ‘accountants or other experts oF agents. To purchase, take in exchange, charter, hire or otherwise acquire, build ‘and hold ships or vessels and to maintain, repair, improve, alter, sell, ‘exchange or let out, hire or otherwise deal with, dispose off any ships. To enter into and/ or procure any arrangements with person, firm or Company in or outside India or obtaining or supply of technical know- how and/ or technical and/ or administrative services within India, or outside India including the benefit of existing techniques, benefit of » as. 26. 2. c 28, 29. 30. 31 32. technical research, training of technical or administrative personnel abroad selection and purchase of plant and negotiating the terms for payment and specification for the plant and lay out ofthe plant and all other services. To investigate on behalf of any Company, corporation, body corporate, industries, firm, association or any person and (@) collect information and data and submit reports on feasibility of new projects and/ or improvemients to and/ or expansion of existing projects, and (&) diagnose Operational difficulties and weakness and suggest remedial ‘measures and to improve and modemise existing units. To enter into any arrangement by way of a tumkey project involving supply of technical, civil, financial, administrative, plant and merchandise, n, knowledge and experience and as such, undertake for and on behalf ofa client to setup plant or project or outside India, To act as a service organisation or bureau for providing réndering and/ or undertaking technical, general, administrative, advisory, consultancy, ‘commercial, engineering, financial, liaison, management , marketing, purchasing, operational, agency, industrial know how, scientific personnel, ‘quality control, research and other services to’ individuals, firms, Companies, corporate bodies, trusts, associstions, organisations or institution, in India or abroad, and to utilise, the expertise already developed by the Company for the above, purposes as_also to employ experts on the relative subject hd make available their services to others inthis behalf. OTHER OBJECTS To do business of hiring, re-hiring, selling on hire purchase of all kinds of machinery, furniture, domestic, industrial and laboratory appliances and instruments, vehicles ofall types and also luxury articles of all kinds. To cary on the business of manufacturers of and dealers in all types of foot-wear of leather, rubber, P.V.C. or any other materials and as ‘manufacturers of and dealers in traveling bags, brief cases, beddings and every description of leather, rubber and P.V.C. goods or goods ‘manufactured out of any other materials. To carry on the business of shoo makers, corset makers, crutch, chair and stretcher makers manufactured out of leather, rubber, P.V.C. To carry on the business of manufacturers and dealers in lasts, boots trees, laces, buckles, leggings, boot polishes and all other accessories and fittings mice made of es, rubber, leather, P.V.C. ‘To cary on'the business of dyeing and printing yams ginning, spinning ‘weaving as also! manufacturing and dealing in cloth, fibers, synthetic rubber and rubber products, rayon pulp, bleach fabrics, cotton, nylon, jute, ‘wool, silk, yam and other staples and dyeing material, cellulose products and materials, chemicals, plastic, soap and perfumery. BAG # ‘ez gee Bg aeeee 33. 34 35, 36. 37. 38. 39. 40. al. 42, To buy, sell, import, export and otherwise deal in and carry on business in mill-stores, textile stores and all other kinds of stores, chemicals, machinery, plant, equipments and apparatus, commodities, articles goods and things either as merchants, dealers, commission agents, brokers, adatias, mukedams, importers, exporters, "manufacturers representatives or ‘otherwise and in particular in kapas, cotton, jute, plastic, paper, hessain, “ yen yarn, synthetic fiber and other fibers, gunnies, wool, silk, rayon, loth, piece goods, clothes and garments (ready made or otherwise) yam {or textile or other use, colours, dyes chemicals and other pharmaceutical products. Tocary on business of i s exporters and dealers in all kinds of engineering stores, and hardware, machine tools, machinery, industrial Plant and equipments. required for any kind of industry, in’ particular, rayon, textile, engineering and chemicals, To carry on the business of restaurant or hotel or boarding, housekeepers, Wine and spirits, ciger, and cigarettes merchants, licensed vietualers” ten or, coffee, shopkeepers ‘and suppliers of provision ,acrated waters and drinks of any kind. Zo manufacture, buy, sell, prepare, grow, import and deal in wine, spirits, ‘erated waters, provisions and stores of all kinds both wholesale and retail and whether solid or liquid, To build theaters, cinema ‘houses auditoriums, halls and/or lease them and to undertake production of films plays and distribution rights i respect thereof and to carry on the business of production, representation ind Performance of operas, stage-plays, dramas, films operetias, burlesques, vaudeville, ballads, pantomimes, spectacular pieces, musice| compositions or concerts and other ‘musical and dramatical Performances or entertainments in any place or places in India or any other country. Ze gary on the business of agriculture, sericultur, bee farming, poultry, cattle breeding, horse breeding, Zo act as Service Agents for providing aftersales service in respect of products manufactured by the Company as also other technical services ia Tepes of other products generally; and to carry on business as marketing ‘echnical consultants both in infernal and extemal markets, To carry on the business or vocation of acting as advisers and consultants gu all matters and problems relating to the ‘Technical Industries, Civil ‘administration, Finance, Organisation and Management, Commenceamat 43. 45. co expansion of Industry, Purchasing techniques and business (including ‘construction of plants and buildings), production, advertisement, publicity, personnel, export and import, to and fro, institutions, concerns, bodies, associations, (incorporated or unincorporated), departments and services of the Government, public or local authorities, trusts, Scientific Research and Development Centers, and to be sppointed as a ‘Technical, Financial, Industral, Administration Civil Coasultants, ‘To carry on the brsiness of and act as consultants and advisers in all their respective branches, including without prejudice to the generality of the above matters, technical, commercial, financial or business and in such ‘capacity to give and information and render services to any person, firm, Company or body corporate or authority or Government, which may be given or rendered while carrying on such business as aforesaid which may lead to or be conducive to the adoption by constituents or generally of efficient methods of | management, economy in ‘manufacturing cost or costs of production or administration, increase in production, handling of financial problems and entering into financial, commercial, industrial and technical dealings with and in particular agreements for collaboration, joint ventures or the acquisition or disposal of assets including the "know-how", rendering of all services ‘whether incidental tothe above or not, To camy on the business of hotel, restaurant, cafe, tavern, beer house, refreshment room and lodging house proprietors and keepers; and to carry ‘on business of licensed victualers, wine, beer, and spirit merchants, ‘brewers, maltsters, distillers, importers and manufacturers of erated, mineral and artificiat waters and other drinks, purveyers, caterers for public amitsements generally and for private and public functions, proprietors of motor and other vehicles, garage proprietors lively stable keepers, job matters, farmers, dairymen, ice merchants, importers and ‘brokers of food, live and dead stock and foreign produce of all descriptions, hairdressers, perfumers, chemists and druggists, proprietors, conductors and managers of clubs, baths, swimming-pools, boat-clubs, Gressing rooms, laundries reading writing and newspapers rooms, libraries, smoke rooms, lockers and safe deposits, pleasure grounds and places of amusements, recreation sport, entertainment, and instruction of all Kinds, tobacconists, tobacco and ‘cigar merchants, travel. agents ‘generally and agents for railway, shipping, seroplane and omnibus services, Companies, authorities, and organisetion and carriers; cinema, ‘theatrical and opera box office, entrepreneurs and general agents, To establish, conduct, manage and carry on business as proprietors. of hotels, restaurants, taverns, reffeshment and tea rooms, cafes, milks and snack’ bars, roadhouse, autocourt, motel, holiday camp, and "apartment houses, Tourist offices, dairies, farms, gardens, orchards, laundries and to carry on business as bakers, confectioners, butchers, fishmongers, milk sellers, butter sellers, poulterets, reengrocers, ice-cream, and rmanufecturers, fruiterers, bacon factors, meat salesman, cheese mongers, com and flour merchants, dairymen, egg merchants, launderers, cleaners, dry cleaners, and carpet beaters; jewellers, gold and silversmith, dealers in China, curiosities of all kinds, works of art, articles of vertu,precious stones, gold and silver plate, plated articles, watches and optical and other instruments of every description, glassware of various kinds, crockery, y t : I 46. 47. 48, 49, SL, cutlery linen, furniture and furnishings and all other articles and required in the business; and to cary on business as caterers Contractors in all kinds of foods, drinks, provisions and products and refreshment contractors, sugar and sweetmeat merchants, and to fon business of garage proprietors and of petrol and service and stations for motor vehicles of all kinds, To fit up, equip, decorate and furnish and buildings, houses, cottages, structures or constructions and any property for the purpose of letting the game to visitors or guests or to customers or . persons doing business with Company whether in single rooms, suites, chalets, cottages or otherwise, and to establish and provide all kinds of curios and atctions for customers or persons doing business with the Company ‘and/or for other requirements. To own, establish, manage and conduct ‘farms, orchards, vines or vineyards gardens and grounds of all kinds and to carry on business of farmers, ‘sraziers meat and fruit preservers, planter, brewers, catle keepers, millers and market gardeners and to manufacture, produce, sell and deal in ‘dairy, farm and garden product of all kinds of sondensed milk, jam, pickles, cider, canned, or tinned or Preserved foods and provisions of all kinds and also to carry on the business of florists. rhe #§ To establish schools, colleges or raining centers or places for instruction in nutritional sciences generally and for the establishment management and conduct of the hotel industry. To carry on the business of manufacturers, assemblers of, dealers in hirers, repairers, cleaners, stores, warehousers, of moter-oars, motor

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