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Company Law- Some useful Main object clause -II


Ankur Garg 
posted on 22 December 2010



Dear Professional colleagues,

 

Please find below some useful sample Main object clauses for the drafting of your Memorandum and Article of Association This article is very handy for all the professionals. You may bookmark this article for quick reference. You may download sample Memorandum and Article of Association from the link given below:

 

       Sample Memorandum and Articles of Association Draft

 

This Article is in continuation of my previous article on the same subject which is available at the below mentioned link:

 

 

Company Law- Some useful Main object clause -I


 

1.          Agency business

 

To deal in any commodities, substances, articles, merchandise, machines, goods and things whether solid or liquid or gaseous, as agents, commission agents, forwarding agents, clearing agents, distributors, warehouseman, licensees, merchants, traders, sales organisers, representatives of commodities goods, articles, materials and things and for that purpose to buy, to sell, exchange, market pledge, distribute, install, service, maintain, or otherwise deal in commodities, goods, articles and things and to carry on the agency business.

 

2.         Aluminum

 

To carry on the business as manufacturers, producers, casters, importers, exporters, buyers, sellers, converters, masters and in other ways to deal in aluminum and aluminum products, forgings, structurals, rolling works, rods, bars, wires, sheets and utensils.

 

3.         Batteries

 

To manufacture, export, import, buy, sell and deal in voltaic battery cell, power pack or storage batteries and battery containers and battery eliminators of different types required for or used in domestic, household, industrial, commercial, agricultural, mining, hospital, surgical or scientific appliances, machinery, apparatus or accessories and railways, tramways, automobiles and other vehicles, air crafts, boats, ships, defence establishments, army, navy and air force for wireless, radios, torches, toys, personal aids and other appliances and working on business as manufacturers and dealers in torches, toys, personal aids and such other items and goods which may be useful, akin or otherwise connected with any one or more of the aforesaid items or products.

 

4.         Breweries

 

To carry on the business of distillers, rectifiers, methylators, brewers, malsters and make, import, export and deal in country and foreign wines, spirits and liquors potable, commercial, industrial powder and absolute alcohols, rectified, methylated sweet spirits, beers, aerated waters, mineral waters and dry ice.

 

To carry on all or any of the business of distillers, importers, exporters, wine and spirit manufacturers, bottling of Indian Manufactured foreign liquors bottle makers, bottle stopper makers, manufacturer of and dealers in aerated and mineral waters and other drinks and licensed victuallers.

 

To carry on business of brewers and molesters, hop merchants and growers, malt extract and corn flours.


 

5.         Ceramics

 

To carry on in India or elsewhere the business as manufacturers, producers, processors, designers, developers, builders, converters, curer, distributors, explorer, extractor, excavator, fabricator, importers, exporters, purchaser, seller, job worker, broker, stockiest, suppliers, consultants, C&F agents, wholesalers, retailers and sales organisers of all shapes, sizes, varieties, specifications, descriptions, applications and uses of sanitary wares, ceramic wares, earthen wares, table wares, hotel-wares, decorative wares, garden wares, kitchen wares, crockery, potteries, insulators, terracotta, porcelain wares, tiles of all kinds, shapes, sizes and varieties, and all other goods, articles, things made of ceramics, terracotta, porcelain and glass.

 

6.         Beautician

 

To promote, encourage, establish, provide, maintain, conduct, operate, organise and run beauty parlours and to do business as beautician, manicurists, hair dyers, makers and suppliers of all kinds of wigs and to conduct classes, seminars, demonstrations, education and training programmes in the field of body care and to do all incidental acts as are necessary to attain the main objects of the company.

 

7.         Beverages

 

To carry on the business of manufacturers, researchers, consultants, importers, exporters, distributors, stockiest, dealers, franchise holders, bottlers, rebottlers, packers, extractors, pulpers, crushers, grinder of carbonated and non-carbonated drinks, fruit juices, fruit pulp, milk, jams,. jelly, sauce, concentrates and flavors (liquid and powder form), food colours, aerated water, green vegetables etc.

 

8.         Building material

 

To produce, manufacture, refine, prepare, process, purchase, sell, import, export or generally deal in bricks, sand, stone, marble, tiles, refractories, china wares, sanitary materials, pipes, tubes, tubular structures, cement, paints, adhesive, sheets, roofing, glass, furniture, fittings, electrical goods, water supply or storage equipment, floor polish, door closures, concrete mixtures, elevators, paints, hardware, pipe, fittings, lubricant oils, building materials, 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 substance or chemical.

 

9.         Business and trade promotion association

 

To establish, promote and run trade association in India and abroad in the matters relating to regional, national or international interest and to promote, regulate and develop trade, transport, industry, science, healthcare, food, environment, social welfare, housing, insurance, communication, aviation, finance, entertainment, art, banking and other objects of social, economical, commercial, defence and general importance and to participate, delegate, and organise, seminars, workshops, meetings, training centers, classes and lectures for attainment of the above objects.

 

10.       Cement and its products

 

To develop, produce, manufacture, treat, process, refine, export, import, purchase, sale and generally to deal in and to act as brokers, agents, stockiest, distributors, suppliers, commission agents of all kinds of cements (whether ordinary, white, coloured, Portland, pozzoolana, alumina, blast, furnaces, silica, sagol or otherwise) cement products of any description, 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 wears, cement boards, mosaic and terrazzo, tiles, ceramic products, allied products, goods, substances, material, articles, things, chemicals, compounds, accessories and appliances connected with the aforesaid product.

 

11.        Chemicals

 

To manufacture, produce, refine, process, formulate, acquire, convert, sell, distribute, import, export, deal in either as principals or agents in organic and inorganic chemicals, alkalis, acids, gases, petrochemicals, salts, electro-chemicals, chemical elements and compound pesticides, insecticides, explosives, light and heavy chemicals of any nature used or capable of being used in the pharmaceuticals, textile industry, defence chemicals, fertilisers, petrochemicals and industrial chemicals and pesticides and insecticides, solvents of any mixtures derivatives and compounds thereof.

 

To manufacture, produce, refine, process, formulate, buy, sell, export, import or otherwise deal in heavy and light chemicals, chemical elements and compounds, including without limiting to the generality of foregoing laboratory and scientific chemicals or any of any nature used in the pharmaceutical industry, agriculture chemicals, glass and ceramic industries, tiles, poultry feeds, cattle feeds, rubber and paints, chemicals or any mixture, derivatives and compounds thereof including calcite, feldspar, dolomite, gypsum, quartz, silicon, earth, rock phosphate, soap-stone etc;.

 

12.        Cinema and theatre

 

To build, construct and erect Studios, Theaters, Cinema Halls Music Halls, Open air Theatres and other places of entertainment and to carry on all or any of the business of Theatres, Music Halls, Cinema, Picture Palace, Film producing Studio and to promote, produce, represent, conducting, performance and exhibition of cinematograph or stereoscopic or coloured or bioscope, pictures, films, operate as & stage plays and other entertainment as the Company may from time to time think fit and to permit the Company's premises to be used for all or any of the above purpose and such other purposes as may be deemed expedient.

 

13.        Civil construction

 

To lay out, develop, construct, build, erect, demolish re-erect, alter, re-model or do any other work in connection with any building scheme roads highways, docks, ships sewers, bridges, canals, wells, springs, multistoried buildings, power plants, wharves, ports, reservoirs' embankments, tramways, irrigation improvements, sanitary, water, gas electric light, telephonic and power supply works or any other structural or architectural work of any kind whatsoever and for such purpose to prepare estimates designs, plants specifications, or models and do such other or any act that may be requisite thereof & to purchase, acquire, take on lease, or in exchange or in any other lawful manner any other land, building multi-storied structures and to turn to the same into real estate, account develop the same and dispose of or maintain the same or to maintain the same and to build townships, markets, or other building or convenience thereon and to equip the same or any part thereof with all any amenities or conveniences, drainage facility electric telegraphic, telephonic, televisions and to deal with same in any manner whatsoever.

 

14.       Cold storage

 

To carry on the business of producing, growing, dealing, exporting, importing, stocking, trading, distributing, storing and preserving of potatoes, fresh vegetables, agricultural products, fruits, dry fruits, oil seeds, spices, fruit juices, ice candy, ice cream and other ice products, carbonated, aerated mineral water, dairy products, wines, liquors and other alcoholic and synthetic drinks, bardanas, hessians in cold storage.

 

15.        Computers

 

To own, manage and run computer training and data processing centers and to act as consultants, advisors, developers and traders in computer programming, system development, system design, system architecture, software designing, computer aided designs, data compilation and statistical analysis and to carry on the business of traders, developers, assemblers, repairs, importers, exporters of software packages, computer systems, computer peripherals, computer parts, computer consumables and electronic communication systems, data publishing and processing systems and other industrial automation systems and gadgets.

 

16.       Computer consultancy

 

To carry on and engage in the business at its own or in association with any Indian or foreign agency, individuals, firm, company or Govt. undertaking either in India or abroad and to act as franchise agent for electronic information technology development, upgradation, manufacturing, processing and up gradation of 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 the computer hard wares, softwares, computer stationery and to run and operate the computer hardware and software training institute for the training of the Computer operations, development, up gradation of softwares, Training of SAP packages, ERP packages, accounting, other packages and programming in India and abroad.

To provide consultancy services related to the preparation and maintenance of accounting, statistical or mathematical information and reports, data processing, computer programming and all other related business.


 

17.        Confectionery

 

To carry on in India or abroad the business to manufacture, fabricate, treat, prepare, convert, ferment, finish, clean, process, produce, make, import, export, promote, buy, sell, supply, pack, repack, market, and to act as consignor, consultants, collaborator, agents, merchants, distributors, concessionaires, stockists, adatias, C & F agents or otherwise to deal in all types of confectionery items, processed foods, its by-products, ingredients, compounds and allied material such as flour, cakes, pastry, cornflakes, bread, biscuits, chocolates, sweets, fruit products, glucose, chewing gums, milk cream, ice creams, aerated or mineral waters, fruit juices, fermentation products, foods, protein foods, maize products, butter, ghee, cheese and other dairy products, pickles, jams, jellies, sausages, milk powder, condensed milk, fresh and dehydrated vegetable, cocoa, seeds, concentrates for cattle or poultry feeds their by-products, ingredients, compounds, raw materials & consumables used therefore and to do all incidental acts and things for the attainment of above objects.

 

18.       Contractors

 

To carry on the business of contractors, sub-contractors, quasi contractors whether for government or for semi government bodies or corporation or company or society or body corporate or firms or individuals or schools or clubs or other bodies or private works and to undertake contracts and sub contracts relating to construction, modification, repairing, alteration, construction, removal, redecoration, redesigning, enlarging, improving and designing of civil work, building for whatever use, roads, approach roads, streets, circles, squares, parks, gardens, statues, parking places, bridges, dams, water courses and reservoirs, tunnels, earth works, sewers, tanks, drains, sewage, light houses, towers, transmission towers, pipe lines, under ground cables, railway tracks, railway sidings, run ways ship yards, stock yards, culverts, channels whether on turnkey basis or on labour contracts or otherwise.

 

19.       Copper and copper products

 

To carry on in India or elsewhere the business to manufacture, produce, process, excavate, quarry, melt, mould, roll, commercialize, cold, clean, cure, treat, mix, manipulate, prepare and to act as broker, importer, exporter, buyer, seller, stockists, distributor, contractor, supplier, metallurgists, engineer, collaborator, job worker, or otherwise to deal in copper, copper alloys, copper metal, unwrought copper, copper waste, copper scrap, copper foils, copper powders, copper flakes, copper strips, copper sheets, copper wires whether coated, uncoated, claded, perforated, printed, embossed, insulated and all types of sections, varieties, strengths, specifications, descriptions, dimensions, and shapes of copper products, including bars, angles, tubes, pipes and blanks thereof, hollow bars, containers, stranded wires, cables, cordage, ropes, plaited bands, insulated electric wires & cables, electrodes, gauge, clothes, grills, netting, fencing, reinforcing fabrics, chains, nails, tacks, staples, hooks, nails, spiked cramps, shields, spikes and drawing pins, rivets, buckles, bolts, nuts, screws, cotters, cotter pins, washers, spring washers, springs, sanitary wares, hardware, utensils, electronic goods and other allied items, their parts, fittings, accessories & components, and to do all incidental acts and things necessary for the attainment of the above objects.

 

20.       Cosmetics and herbals

 

To carry on the business of manufacturers, processors, producers, purchasers, sellers, blenders, makers, researchers and dealers in cosmetics, perfumes, scents, sprays, nail polish, fragrances, powders, lavenders, tooth pastes, tooth powder, hair oils, herbals, creams, pomeds, ayurvedic and intermediates and their raw materials.

 

21.        Courier services

 

To carry on in India or elsewhere the business to provide, commercialize, control, develop, establish, handle, operate, hold, pack, organise, promote, service, supervise, represent and to act as agent, concessionaires, consultants, booking agents or deal in all types of courier activities in all its branches for collecting and delivering either by own arrangements or through representatives or agents, any documents, goods, articles or things on behalf of customers from one place to another place in any part of the world and to do all incidental acts and things necessary for the attainment of foregoing objects.

 

22.       Crops

 

To grow, cultivate, plant, produce, process, breed, buy, sell, import, export, make marketable and otherwise deal in agricultural, horticultural, botanical, including commercial and cash crops like sugarcane, ground-nuts, wheat, paddy, potatoes, soya bean, cotton, grapes, tea, coffee, coca, and plantation for sowing purposes and bye-products therefrom and fodder and grains and farm produce.

 

23.       Dairy and cattle farming

 

To carry on the business as dealers in and purchasers of dairy farms garden and product of all kinds and in particular milk, cream, butter, ghee, cheese, poultry eggs, fruits, vegetable oils, vegetable ghee, artificial ghee, sausages, brawn patted meat, table delicacies; loaves, bread manures etc. and to purchase, acquire, keep maintain breed, sell or otherwise dispose of all kinds of cattle, cows, buffaloes, pigs, poultry, game and live or dead stock of all description.

 

24.       Dairy products

 

To carry on the business as dealers in and purchasers of dairy farms, gardens and produce of all kinds of dairy farm and in particular milk, cream, butter, ghee, pork pies, sausages, prawn, meat, etc.

 

25.       Developers - Land, Colonies

 

To carry on the business 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 developments work for private sector, government departments, semi government departments and to develop the sites and plots and to carry on the business activities of acquirer, purchaser, lease, exchange, hire or otherwise all types of land, and properties of any tenure or any interest in the same or to erect and construct houses, building, multi-stories, or work for every descriptions on any land of the company or upon other land or property and to pull down re-build, enlarge, alter, and improve, existing houses, buildings, or work thereon and to purchasing and selling of houses and plots free hold or other house property, building, or lands or interest, household articles and other products of other companies in the installments, network scheme or otherwise and to act as commission agent and to offer various types of incentives, schemes from time to time either directly or in collaboration with any other individuals, firms, bodies corporate in India or else where and to educate people for side work, entertainment and side work, personality development.

 

26.       Diagnostic center

 

To carry on the business of rendering various services relating to treatment of ailments including in particular to run nursing homes, hospitals, operation theaters, pathological laboratories, X-ray clinics, research centers and cardiographic and sonographic centers.

 

27.       Drugs and medicines

 

To carry on business as manufacturers, producers, growers, fabricators, processors, refiners, stockists, agents, importers, exporters, traders, whole sellers, distributors, concessionaires or dealers of drugs, medicines, chemicals, spirits, mixtures, tonics, pigments, powders, tablets, pills, capsules, injections, oils, compounds, mother tincture preparations, globules, creams, scents, soaps, lotions, toilet goods and all kinds of pharmaceutical, cosmetic and medical preparations required or used in homeopathic, allopathic, ayurvedic, unani, biochemic or any other medicinal system or branch of medicine or as beauty aid or personal hygiene, juices, squash, sharbat, nourishment foods and concentrates, bandages, cotton, gauge, crutches and various types of anatomical, orthopadic or surgical instruments, implets or stores and books, journals and publications and all sorts of storage or packing material connected with or required for any or more of the above mentioned items and products.

 

28.       Educational institutions

 

To carry on educational institution like school, college, coaching classes and to carry on courses in all subjects or branches of engineering, science medical, commerce, industrial, commercial, arts, management and any other faculty of education ad to run Management and Computer training institutions.

 

29.       Electrical appliances

 

To carry on the business of electrical engineers, electricians, engineers, contractors, manufacturers, suppliers, of and dealers in electrical and other appliances cables, wire lines, dry cells, accumulators and distribute, supply electricity for the purpose of light, heat, motive power and for all other purposes to which electrical energy can be employed.

 

To carry on business activities for manufacturing, distribution, generation, transmission, supervisions and control of all types of power either mechanical, hydraulic, gas, wind farms, solar etc. and/or to design, plan, manufacture, assemble, supply, erect, commission, test, maintain, trouble shooting, repair, service etc., of electrical and/or electronics goods, items, instruments, parts, spares, D.G. sets, electrical control, switchgear panels, switches, cables, plugs, powers projects in industrial, commercial, residential, establishments etc., in part individual and/or composite key basis and to provide Consultancy, expert services, advises, designs, drawings in relation to supervision and control of power in India and abroad.

 

30.       Fabric and fabric products

 

To carry on the business as weavers or otherwise manufacturers, buyers, sellers, importers, exporters and dealers of silk, art silk, synthetic, woolen and cotton fabrics and other fibrous products including dressing and furnishing materials, uniforms, readymade garments, carpets and carpet backing, blankets padding knitted goods, woven bags, hosiery gloves, yarn and sewing thread and, To carry on the business of packing, grading, crimping, twisting, texturing, bleaching dyeing, printing, mercerizing or otherwise processing yarn, cloth, carpets, blankets and other textile goods, whether made from cotton, jute, wool, silk, art silk, synthetic and other fibers or blends thereof.

 

31.        Farmers and agriculturists

 

To acquire pieces or parcels of land, plot, hereditaments, plantations, orchards, standing corps, gardens and to use and to employ and plans of the company of in agricultural, horticultural uses and to carry on the business of general farmers, agriculturists, dairy farmers, live stocks, fisheries, poultry farms, nursery and growers of produce which the lands may from time to time be found to be most adaptable or suitable.

To carry on the business of arable and fruit farmers, millers and manufacturers of general products and sale, by wholesale or retail, of flour and fruit and farm products.

 

32.       Fertilizers

 

To carry on in India or elsewhere the business to manufacture, process, produce, formulate, mix, disinfect, clean, wash, dilute, concentrate, compound, segregate, pack, repack, add, remove, heat grade, freeze, fermentate, reduce, improve, buy, sell, resell, import, export, barter, transport, store, forward, distribute, dispose, develop, handle, manipulate, market, procure, supply, treat, work and to act as agent, broker, representative consultants, collaborators, stockists, liaisoner, job workers, or otherwise to deal in all kinds of fertilizers and chemicals whether nitrogenous, phosphatic, potash or otherwise such as single super phosphate, triple super phosphate, phosphate rock, sodium silica flouride, lime rock phosphate, urea, sulphur, gypsum, silicon flouride, vanadium pentoxide, oleuim, sulphuric acid, zinc sulphate, silicon dioxide, phosphoric acid, nitric acid, hydrochloric acid, soda ash, caustic soda, chlorine based chemicals, diammonium phosphate, monoammonium phosphate, calcium chloride and other organic salts, by products, derivatives, compounds, residues, waste, whether straight, complex or mixed and whether granulated or otherwise and to do all incidental acts and things as may be necessary for the attainment of above object.

 

33.       Films

 

To carry on the business to produce, treat, process, prepare, alter, develop, expose, edit, exhibit, make, remake, display, print, reprint, convert, duplicate, finish, buy, sell, run, import, export cine films, TV serials, advertising films, telefilms, documentary films etc; and to act as agent, broker, distributor, proprietor, owners of copy rights, audio rights, theaters, cinema halls, dubbing rights, cinema studio and film processing labs owners and to do all other incidental acts for the attainment of the aforesaid objects of the company.

 

34.       Film studio

 

To erect, purchase by contract, take on hire or lease, or otherwise acquire and maintain the necessary studio or studios, theatres, picture houses for the purpose of the Company and to buy, take on hire and otherwise acquire all or any machinery, cameras, instruments, apparatus, chemical and other necessary materials for sets, decorations or ornaments furniture and fixtures and other articles and things as deemed necessary in connection with the business of the Company.

 

35.       Financial and Investment Consultant

 

To carry on the business as Financial and Investment Consultant and act as issue manager, lead manager, underwriters, sub-underwriters, brokers, dealers, and agents of shares, debenture stocks and other securities.

 

To carry on the business of finance consultant to finance industrial, agricultural and other business enterprises and for that purpose lend and advance money to entrepreneurs, promoters, industrial and other business concerns on such terms and conditions and with or without security as may be thought appropriate and also to act as a Financial Company. To carry on the business of the lead finance Company and to finance lease operation such as hiring, letting on hire equipments, plant and machinery and to assist finance or his purchase or differed payments or to subsidies finance or assist in subsidising or financing the sale and maintenance of goods or commodities upon terms and conditions and to undertake leasing finance for immovable properties including lands and buildings, plant and machinery, equipments and vehicles such as automobiles, ships, aircrafts, computers, commercial and industrial equipments.

 

36.       Information Technology Consultancy

 

To offer consultancy, advisory and all related services in all areas of information technology including computer hardware and software, data communication, telecommunications, manufacturing and process control and automation, artificial intelligence, natural language processing and to undertake research and development, promote excellence and leadership and computer science, modern mathematics, vedic methodology, vedantic philosophy and universal and eternal value premises and to provide for such research and development including conducting and participating in seminars, workshops, exhibitions, conferences and the like and to obtain technical know-how, literature, brochures, technical data etc. from abroad and export/disseminate them to other countries and engage in manpower recruitment for overseas requirements and also bring in necessary skilled personnel into the country and to develop, market, implement systems and application software packages and related products for Indian and export markets to conduct software and hardware courses, to offer consultancy including hardware selection, system design, manpower selection, software development, implementation and training and to spread computer literacy and computer aided education in rural and urban areas through application of modern techniques, media communications and to operate data and information processing enters and to render all such services as are required by the customers in relation to processing of information and also in the interpretation, application and use of processed data.

 

37.       Merchant bankers, financial advisers, management of mutual funds

 

To act as merchant bankers, portfolio managers, underwriters, sub-underwriters, consultant for capital issues, advisers to capital issues, investment consultants and management advisers to corporate bodies, individuals and others in commercial and industrial management and policy matters and to receive funds from others in trust and to manage and invest and deploy them as deemed fit or to advise them in such manner as deemed fit, to make project evaluation, feasibility studies, project reports, forecasts and surveys, and to give expert advice and suggest ways and means for improving efficiency in business organisations whether by amalgamations, mergers, demergers or otherwise in any manner and concern and industries of all kinds and /or to act as lead managers, co-managers and underwriters to Issue of shares, stocks, bond debentures, commercial paper or other securities of bodies corporate or industrial undertaking and/or shares, stocks, bonds, debentures, commercial paper or other securities issued by an government or semi-government authority or public authority or government undertaking or corporation and/or to undertake venture capital funding, project financing, promoter funding, funding of shares, stocks, bonds, debentures or other securities and to act as merchant bankers, issue house, registrars to issues of any kind, transfer agents for securities of all kinds to manage and administer computer centers and clearing houses for the securities, money managers/liability managers, intermediary broking and advisory services of all kinds, to act as merchant bankers, credit rating agency and credit appraisal agency and to credit rate all kinds of securities and deposits of all bodies corporate whether private or public or government and whether Indian or foreign entities.

 

38.       Fitness/health center

 

To acquire, establish and maintain health care and slimming centers, gymnasiums, massage parlor, body care center, barber shop, beauty parlor, mini sports boutique including swimming pool, library and to provide the services relating to weight loosing and gaining programmes, modern gadgetries and aerobics, yoga techniques for improving health, sauna, stem and jacuzzi baths for clients.

 

39.       General merchant

 

To deal in any commodities, substances, articles, merchandise, goods, and things whether solid or liquid or gaseous, as agents, commission agents, forwarding agents, clearing agents, distributors, warehousemen, licencees, merchants, traders, sales organisers, representatives of manufacturers of commodities, goods articles, materials and things and for that purpose to buy, to sell exchange, market, pledge, distribute, install, service, maintain, or otherwise deals in commodities, goods articles and things and to carry on the agency business.

 

40.       Glass and glass products

 

To carry on all or any of the business of manufacturers, importers, exporters and dealers in glass, glass products including sheets and plate glass, optical glass, glass wool, laboratory ware, bottles, jars, containers, thermobottles, enamel ware and receptacles of all kinds.


 

To carry on the business of manufacturers or dealers in glass products including sheet and plate glass, optical glass, glass work, laboratory were ceramic product, glass wool, fibre glass, porcelain wares, glass tiles and refractories.

 

41.       Hospital

 

To own, establish, run, manage, and maintain, hospitals, research centers, diagnostic centers, blood bank service centers, immunisation centers, medical and other research centers, nursing homes, health centers, rehabilitation centers, clinics, polyclinics, laboratories and to apply or provide utility articles 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.

 

42.       Import-export

 

To export, import, buy, sell, act as agent, trade or otherwise deal in all kinds of merchandise, edible oils, de-oiled and oiled cakes, Soya bean, ground nut oil seeds, other oil bearing sub-stances, steel, cotton yarn, synthetic yarn, blended yarn, chemicals, metals, textiles, capital goods, automobiles, consumer durables, commodities, agro products, precious metals, electronic goods, machines, paper, cement, building and construction material, fibers, leather articles, garments, foot wear, watches, furniture, electrical goods and accessories, foods, hydrocarbons, oil derivatives and other articles, goods capable of being imported, exported and traded.

 

43.       Industrial oils

 

To carry on in India or elsewhere the business to manufacture, produce, process, convert, commercialize, control, compound, develop, distribute, derive, excavate, grade, release, manipulate, prepare, promote, reclaim, supply, import, export, buy, sell, turn to account and to act as agent, broker, concessionaires, consultants, collaborator, job worker or otherwise to deal in all specifications, descriptions, characteristics and applications of industrial oils including mineral oils, furnace oils, high speed diesel oils, liquid parafin & white oils, bauxite solvent oils, transformer oils, lubricating oils, light oils, mineral, turpentine oils, vaporising oils, hydrocarbon oils, mineral colza oils, household oils, base mineral oils, petroleum oils, glushing oils, brake oils, engine oils, gear oils, gear oils, bituminous mineral oils, creosote oils, anthracene oils, their residues, derivatives, compounds, products, by-products, mixtures, blends and other allied materials and to do all incidental acts and things necessary for the attainment of above objects.

 

44.       Insurance

 

To commence and carry on, as and when permitted by the Central Government, all activities connected with general insurance, other than life insurance, like underwriting motor, fire, marine, and miscellaneous risks, providing general insurance coverages, providing risk management consultancy services, co-ordinate with insurance companies, whether local or foreign, on coverages, to represent insurance companies/ whether national or foreign, to provide or arrange insurance coverage and/or reinsurance coverage within or outside the country and to provide general consultancy services tike scrutiny of existing insurance coverages.

 

45.       Interior decoration

 

To carry on the business of interior furnishers and for the purpose to manufacture, process, produce, prepare, make, sell, purchase, importers, exporters, trade, market, items/products of interior decoration/ furnishing, including (tiles made from granite, marble, ceramic) carpets, partitions, panel rods, laminates, and plywood doors, windows made from aluminium, PVC wood, venetian blinds, grills, door closures and fitting glasses, mirrors, sun films, wall papers, leatherite cloth sanitary fittings, geysers, water filters, water proofing solar heaters, electric fittings and accessories fans, lamps, coolers, security items, T.V., video, washing machines, electric remote belt, pest repellent, pollution control, cement items, plant holders and architectural work.

 

46.       Investment

 

To carry on the business of an investment company and to buy, sell, hold, underwrite, invest in finance, acquire whether by way of direct subscription, market purchase or otherwise, trade in and deal in odd lot shares, debenture, debenture stock, bonds, gold bonds, unit, whether for own business or for commission, brokerage or otherwise for any other person firm or body corporate, paid, unpaid, partly paid shares, stocks, bonds, debentures, debenture stocks, obligations and securities of all kinds issued or guaranteed by any public or private company, body corporate, government, state, dominion, sovereign, ruler, commissioners, public body or authority supreme, municipal, local or otherwise firm or person whether in India or elsewhere.

 

47.       Leasing and hire purchase

 

To carry on the business of financing, leasing, letting on hire, hire purchase or easy payment system for movable and or immovable properties including godowns, sheds, buildings, stores, flats, warehouses, shops, hotels, factories, garages, plants and machines, equipment, apparatus, instruments, appliances, furniture, fixtures, fittings, utensils, tools, vehicles, earth moving machines installations.

 

48.       Leather

 

To carry on the business as manufacturers, makers, processors, buyers, sellers, distributors, dealers in all kinds of leathers, leather garments, leather shoes, shoe uppers, leather bags and baggages, leather gift articles, leather furnishings, leather wallets, leather belts, leather gloves, and all types of canvass and plastic shoes and substances capable of being made out of leather and other leather related goods of every description.

 

49.       Leather machines

 

To carry on the business as dealers of machinery required for the processing, refining, manipulating leather, leather goods, items, articles, apparatus or things or other leather related goods for the purpose buy, sell, resale, import, export, order out and obtain indents to act as agents, distributors, stockists, representatives and to do all other business related to the aforesaid items.

 

50.       Library

 

To establish, encourage, own, promote, subsidize, provide, maintain, organize, undertake, manage, build, construct, equip, modernize, develop, operate, conduct and to run in any part of India or elsewhere mobile libraries, libraries, reading rooms, book banks and other similar places for lending books, magazines, video cassettes, audio cassettes, micro films, photographs, encyclopedias, news cuttings and other publications on membership, periodical fees or on free of cost basis to members, organisations, institutions, or to public at large and to do all such other acts and things which are necessary for the attainment of the aforesaid objects.

 

Best Regards


Published in Corporate Law
Source : Substantial reference taken from law books
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