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Main object of invetsment company

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Main object of investment company

Replies (1)

Dear mamta, hope this be of some help.

(a)(i) To carry on all or any of the business of general merchants and traders, importers and exporters, commission agents, cash and credit traders, manufacturers' agents and representatives, financial agents, advisors, managers, and administrators, amusement caterers, hire purchase and general financiers, brokers, and agents manufacturers, retailers, wholesalers, buyers, sellers, distributors and shippers of, and dealers in communications products, radio communication, alarm systems and other communication related products, goods wares and merchandise and produce of every descripttion; to participate in, undertake, perform and carry on all kinds of commercial, industrial, trading and financial operations and enterprises and to carry on all or any of the businesses of marketing and business of industrial consultants, advertising agents, and contractors, insurance brokers and consultants, mortgage brokers, warehousemen, railway, shipping and forwarding agents, shippers, haulage and transport contractors, garage proprietors, operators, hirers and contractors, letters on hire of, and dealers in motor and other vehicles, craft, plant, machinery, tools and equipment of all kinds.

 

(ii) To carry on the business of a holding, investment and Investment Trust company and to transact all kinds of Trust and agency business in all its branches, and to acquire by purchase, lease, concession, grant, licence or otherwise such business, options, rights, privileges, lands, buildings, leases, underleases, stocks, shares, debentures, debenture stock, bonds, obligations, securities, reversionary interests, annuities, policies of assurance and other property as the Company shall deem fit anywhere in the world and generally to hold, manage, develop, lease, sell or dispose of the same; and to vary any of the investments of the Company, to act as trustees of any deeds constituting or securing any debentures, debenture stock or other securities or obligations; to establish, carry on, develop and extend investments and holdings and to sell, dispose of or otherwise turn the same to account, and to co-ordinate the policy and administration, of any companies, of which this Company is a member of which are in any manner controlled by, or connected with the Company.

Regards,

Vaibhav


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