Incorporation of a pvt ltd company

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Dear all,

I want to incorporate a company with following main objects: 

 

a)      Education –

1-Product manufacturing & trading forall materials that can be used in a school/ college environment viz Dresses,Stationary, Books, electronics educational material etc.

2 –Opening Plays, Schools, colleges andother institutions. Vocational education, Competitive examination preparatoryinstitutions, Game Zones for kids, Activity Based Learning Solution Centers (ABLS- like Robotics, Aviation Modeling, Science games, all basic subject, Montessoriand Kindergarten education etc), Mathematical Modeling, etc. Set up of Centers,Laboratory & retail outlet of products related to education and games. Franchiseedistribution of our own brand (Centers, Labs & Retail outlet).

b)      Tourism-Main stream tourism, Tour organizers,collaboration with hotels, Restaurants, Resorts etc. Educational Tourism. Greenfield and brown field development of places for improved tourism opportunity. Vehicle/taxiRental, Trading of articles, handicraft, gifts etc.

c)       Food & Beverage – Opening F&Boutlets, their Supply Chain Management. Franchisee distribution.

d)      Project Consultancy – Consultancy on aproject to execute within time frame and reduce LD charges.

e)      Investment – Investing in different streamslike Real Estate, Stocks, Bonds, Gold,  etc

f)       Manufacturing and trading of Engineering (Electrical,Electronics & Mechanical) Equipment like Cable & Cable jointing kits,Transformer, Generator, Heater, Control Panel, Capacitors, Earthing kits,stabilizers, Inverter, Switchgears, lights & luminaries etc for electricalpart. Diodes, IC, converter, etc for Electronics and Pipes, nuts, bolts,flanges, gasket etc for mechanical.  Abovementioned item are only symbolic and a full range of all three streams can be handled.

A.....my querry is can we incorporate a company with multiple objects as above? i.e. can we put all the above as main objects of the company . if yes what we will fill in form 1A .

B........ Secondly is their any minimum capital equirement for including word VENTURE in the name of teh company.

regards

shraddha 

 

Replies (2)

Dear Shraddha

Q: B........ Secondly is their any minimum capital requirement for including word VENTURE in the name of the company.

A: The following is the list for various key words useage and Capital Requirement, for more details read the Companies (Name Availabilty) Rules, 2011 :

 

 

S.No

 

 

Key Words

 

 

Required authorized capital (in Rs.)

 

 

1

 

 

Corporation, corp, corpn, corp.

 

 

25 crore

 

 

2

 

 

international, Globe, Global, World, Overseas, Universe, Universal, Continent, Continental, InterContinental, Asiatic, Asia, Asian being the first word of the name

 

 

5 crore

 

 

3

 

 

If any of the words at (2) above is used within the name (with or without brackets)

 

 

2 crore

 

 

4

 

 

Hindustan, India, Indo, Indian, Bharat, Bharatvarsh, Bhartiya or any other country’s name being first word of the name

 

 

2 crore

 

 

5

 

 

If any of the words at (4) above is used within the name (with or without brackets)

 

 

25 lakh

 

 

6

 

 

Industries/ Udyog

 

 

5 crore

 

 

7

 

 

Enterprises, Products, Business, Manufacturing, Venture.

 

 

50 lakh

 

 

 

Q - A

The Subscribers to the memorandum of association enjoy almost unrestricted freedom to choose the object. The only restriction is that object should not be illegal and against the provision of The Companies Act,1956.

 


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