SHARES MEMORANDUM OF ASSOCIATION OF ALPS CLOTHING PRIVATE LIMITED
1) NAME OF THE COMPANY-
The name of the company shall be“ ALPS CLOTHING PRIVATE LIMITED”.
2) REGISTERED OFFICE OF THE COMPANY-
The Registered Office of the Company will be situated in the State of Delhi.
3) SHARE CAPITAL OF THE FIRM-
The Share capital of the Company is Rs. 1,000,0000 (Rs. One crore only) divided into 8,00,00 Equity Shares of Rs. 100/- each and 2,00,00 Redeemable cumulative Preference Shares of Rs. 100/- each, with power to increase and reduce the capital, to divide the shares in the capital for the time being, into several classes and to attach thereto respectively such preferential or special rights, privileges or conditions including power to create further preference shares either subject to or in accordance with the regulations of the Company to vary, modify or abrogate any such right, privilege or condition in such manner as may for the time being be provided by the regulations of the Company.
4) OBJECTS OF THE FIRM-
1. To carry on all or any of the following business, namely cotton spinners, flax, hemp and jute spinners, linen and cloth manufacturers, flax, hemp jute and wool merchants, wool combers, worsted stuff manufacturers, bleachers and dyers, makers of vitriol, bleaching and dyeing materials.
2. To carry on the business of manufacturing woolen, felt,
silken, cotton, hemp clothes and any other fibrous material and products whether allied to the aforesaid or not in India or elsewhere.
3. To acquire and take on lease all or any of the fixed
assets, machinery, furniture, fixture, stores, stock of raw and finished materials, rights, privileges, quota rights etc. appertaining to business of steel Re-rollers or any other factory to achieve the aforesaid objects.
4. To acquire and undertake all or any part of the business,
property and liabilities of any person or company carrying on any business which this Company is authorized to carry on, or possessed of property suitable for the purposes of the Company. 5. To carry on the business of general finance, trust, to finance industrial enterprises in their projects on turnkey basis or otherwise.
6. To provide leasing advisory service to other entities
and/or form the leasing, financing and investment arm of other entities.
5) LIABILITIES OF THE FIRM-
Members of the company have their liability limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them. No member of the company can be called upon to pay more than the nominal value of the shares held by him. If the shares of the shareholder are fully paid up, he has nothing more to pay.
6) SUBSCRIPTION OF THE FIRM-
The subscriber to the memorandum of the company who shall be deemed to have agreed to become member of the company, and on its registration, shall be entered as member in its register of member. Every other person who agrees in writing to become a member of the company and whose name is entered in the register of members of the company. Every person holding shares of the company and whose name is entered as a beneficial owner in the records of a depository.
We the several persons whose names are subscribed
below are desirous of being formed into a company in pursuance of this memorandum of association and we respectively agree to take the number of shares in the capital of the company set opposite to our respective names- Signature,name,occupation and address of Number of equity shares taken by the subscribers subscribers MITHIL SAWANT,consultant,Mumbai. 7200 ADNAN KADRI,consultant,Mumbai. 7200 KHUSHI JANGIR,director,Mumbai. 7200 RIDDHI MEHTA,manager,Mumbai. 7200 LISHA JAIN,director,Mumbai. 7200 ANUSHAK JAIN,manager,Mumbai. 7200 ABHAY 7200 CHATURVEDI,consultant,Mumbai. SHUBIKA 7200 KOTHARI,consultant,Mumbai. PAYEL BISWAS,co-director,Mumbai. 7200 AVUDAIAMMAL 7200 KONAR,consultant,Mumbai. VISHESH SHAH,co-director,Mumbai. 7200