Hi Experts,
I am incorporating a electronics company where in i want to design and sell electronics products/embedded systems. Sell or distribute electronics components and provide training and coaching for students on embedded systems. Provide design services in the field of embedded systems like board desiging and firmware development. But my C.A who is incorporating my company is saying that an IT company cannot sell electronics products, if we include below objectives it will become an electronics company. And they also saying that the objectives are too many, but i got these from the Micromax company MOA. i have edited only one point in it. Does new company law doesnt allow a company to put too many objectives. I think the objectives below are well within the operating areas of a IT company.?? Please help
These are the objectives I need,
Main
1. To design, invent, assemble, manufacture, buy, sell, lease, import, export, conduct research, impart
training, develop, maintain, repair, hire, let on hire, alter, design, distribute, provide services including
consultancy or otherwise, dealing computers, computer systems, computer software applications
including internet, e-commerce, mobile applications, web designing, computer hardwares and data processing equipments.
2. To promoter, encourage, establish, develop, maintain, organize, train, undertake, manage, operate,
conduct and to run in India or abroad the business of software development, testing and other allied
activities, for all sorts of services relating to software programs, its maintenance, application and
operation for industrial, medical, legal, commercial, domestic, public utility, defence, government, and
general customer or other sections of society.
3. To carry on in India or elsewhere the business to develop, manufacture, export, import, buy, sell,
distribute, transfer, lease, hire licence, use, dispose off, operate, fabricate, assemble, record, maintain,
repair, recondition, work, alter, convert, improve, install, modify and to act as consultant, agent, broker,
franchiser, job worker, representative, adviser or otherwise to deal in all kinds of software, programs,
systems, spare parts, accessories, devices, applications and all accessories connected with or used in the
development, application, maintenance or operation of computer software.
4. To carry on the business of computer education and training programmers. To establish computer
institute franchise, to impart computer education and related services. To impart, develop and market
computer education programs.
5. To carry on trading, consultancy and solutions in information management, software development,
system integrations, value added services, customerisation, network design, supply and maintenance of
hardware, computerization, peripherals, paperless propositions, human resources, consultancy,
placements, computer training and institute etc. and research & development in the related field.
6. To design, invent, assemble, manufacture, buy, sell, lease, import, export, conduct research, impart
training, develop, maintain, repair, hire, let on hire, alter, design, distribute, provide services including
consultancy or otherwise deal in telecom hardware & software.
7. To design, invent, assemble, manufacture, buy, sell, lease, import, export, conduct research, impart
training, develop, maintain, repair, hire, let on hire, alter, design, distribute, provide services including
consultancy or otherwise deal in all types of electronics products.
8. To carry on the business of providing services in core technology areas such as Digital Signal Processing hardware and software solutions, Embedded systems hardware and software solutions, Electronics and computers based Industrial Automation, Agricultural / Farm Automation.
9. To carry on the business as importer, exporter, buyers, lessers, and sellers of and dealers in all types of electronic components and equipment necessary for attaining the above objects.
Regards,
Ravi
CAclubindia
