format of main object clause of various types of companies as per companies act 2013

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Main Object Clause of Various Types of Companies MAIN OBJECT OF COMPANIES Main objects of NBFC Company To carry on the business or businesses of a holding and investment company, and to buy, underwrite and to invest in and acquire and hold shares, stocks, debentures, debenture stock, bonds, obligation or securities of companies or partnership firms or body corporate or any other entities whether in India or elsewhere either singly or jointly with any other person(s), body corporate or partnership firm or any other entity carrying out or proposing to carry out any activity whether in India or elsewhere in any manner including but not limited to the following: To acquire any such shares , stocks, debenture, debenture stock, bonds, obligation or securities by original subscription, exchange or otherwise and to subscribe for the same either conditionally or otherwise, to guarantee the subscription thereof issued or guaranteed by any government, state, public body, or authority, firm, body corporate or any other entity or persons in India or elsewhere. To purchase or acquire, hold, trade and further to dispose of any right, stake or controlling interest in the shares, stocks, debentures, debenture stock, bonds, obligation or securities of companies or partnership firms either singly or jointly with any other person(s), body corporate or partnership firm carrying out or proposing to carry out any activity in India or in any other part of the world. To invest and deal with the moneys of the Company not immediately required in such manner as may from time to time be determined and to hold or otherwise deal with any investment made. To facilitate and encourage the creation, issue or conversion of debentures, debenture stock, bonds, obligation, shares, stocks, and securities, and to act as trustees in connection with any such securities, and to take part in the conversion of business concerns and undertakings into companies. To give any guarantee in relation to the payment of any debentures, debenture stock, bonds, obligation or securities.

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Page 1: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

Main Object Clause of Various Types of Companies

MAIN OBJECT OF COMPANIES

Main objects of NBFC Company

To carry on the business or businesses of a holding and investment company, and to buy, underwrite and to

invest in and acquire and hold shares, stocks, debentures, debenture stock, bonds, obligation or securities of

companies or partnership firms or body corporate or any other entities whether in India or elsewhere either

singly or jointly with any other person(s), body corporate or partnership firm or any other entity carrying out

or proposing to carry out any activity whether in India or elsewhere in any manner including but not limited

to the following:

To acquire any such shares , stocks, debenture, debenture stock, bonds, obligation or securities by original

subscription, exchange or otherwise and to subscribe for the same either conditionally or otherwise, to

guarantee the subscription thereof issued or guaranteed by any government, state, public body, or authority,

firm, body corporate or any other entity or persons in India or elsewhere.

To purchase or acquire, hold, trade and further to dispose of any right, stake or controlling interest in the shares,

stocks, debentures, debenture stock, bonds, obligation or securities of companies or partnership firms either

singly or jointly with any other person(s), body corporate or partnership firm carrying out or proposing to

carry out any activity in India or in any other part of the world.

To invest and deal with the moneys of the Company not immediately required in such manner as may from time

to time be determined and to hold or otherwise deal with any investment made.

To facilitate and encourage the creation, issue or conversion of debentures, debenture stock, bonds, obligation,

shares, stocks, and securities, and to act as trustees in connection with any such securities, and to take part in

the conversion of business concerns and undertakings into companies.

To give any guarantee in relation to the payment of any debentures, debenture stock, bonds, obligation or

securities.

Page 2: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

2 To subscribe for, conditionally or unconditionally, to underwrite issue on commission or otherwise take, hold,

deal in, and convert stocks, shares and securities, of all kinds, and to enter into partnership, or into any

arrangement for sharing profits, union of interest, reciprocal concession or co-operation with any person,

partnership, or organize companies, syndicates, or partnerships of all kinds, for the purpose of acquiring and

undertaking any property and liabilities of this company, or of any other company or of advancing, directly or

indirectly, the object thereof, or for any other purpose which this company may think expedient.

To lend and advance money and assets of all kinds or give credit on any terms or mode and with or without

security to any individual, firm, body corporate or any other entity ( including without prejudice to the

generality of the foregoing any holding company, subsidiary or fellow subsidiary of , or any other company

whether or not associated in any way with, the company ), to enter into guarantees, contracts of indemnity

and surety ship of all kinds, to receive money on deposits or loan upon any terms, and to secure or guarantee

in any manner and upon any terms the payment of any sum of money or the performance of any obligation by

any person, firm or company (including without prejudice to the generality of the foregoing any holding

company, subsidiary or fellow subsidiary of , or any other company associated in any way with, the company

)

To borrow and raise money in any manner for the purpose of any business of the company or of any company in

which the company is interested and to secure the repayment of any money borrowed, raised or owing by

mortgage, charge, standard security, lien or other security upon the whole or any part of the Company’s

property or assets (whether present or future).

To transact or carry on all kinds of agency business, and in particular in relation to the investment of money, the

sale of property and the collection and receipt of money.

To Purchase or otherwise acquire, and to sell, exchange, surrender, lease, mortgage, charge, convert, turn to

account, dispose of , and deal with property and rights of all kinds, and in particular, mortgages, debentures,

produce, concessions, options, contracts, patents, licenses, stocks, shares, bonds, policies, book debts,

business concerns, and undertakings and claims, privileges, and chooses in action of all kinds.

To carry on activities of leasing and /or hire-purchase.

Main objects of Insurance Company

(1) To undertake, carry on, establish, organize, promote, operate, conduct and develop whether in India or

elsewhere through out the world (subject to the laws of the place where the business is to be carried on ) all

kinds of general insurance business, whether of a kind now known or hereafter devised and all kinds of

guarantee and indemnity business, and in particular without prejudice to the generality of the foregoing

words, to undertake, carry on and transact all branches of health, fire, marine, aviation, accident, motor

vehicle, employers liability, workmen’s compensation, disease, sickness, failure of issue, loss of key-man,

third party liability, burglary and robbery, theft, rural, social, credit, engineering , fidelity and transit

Page 3: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

3 insurance and insurance covering risk against any liability under any law, convention or agreement, and to

undertake all other risk and liabilities usually undertaken by persons or companies carrying on the business of

General insurance and further without prejudice to the generality of the foregoing words :

To grant or effect assurances against or upon the contingency of injury, damage or loss by reasons of accidents

of any description to human beings (excepting insurance against accidents terminating fatally), and to grant or

effect insurance against or upon the contingency of injury, damage or loss by reason of accidents of any

description to real or personal property of any kind.

To grant insurance against or upon the contingency of injury, damage or loss occurring to motor vehicles and to

the real and personal property of motorists and motor vehicle clubs, caused by or resulting from fire ,

lightning, explosions, tempests, or the overflow or inundation of water, or from any other accidental cause.

To grant assurances to protect and to indemnify owners of motor vehicles against claims by the public for

personal injuries and damage to property caused by their drivers, and to make good to the insured damage to

their property produced by collision with houses, vehicles, cycles or motor vehicles of others, and to grant

policies or other instruments of insurance indemnifying owners against loss or damage to their motor vehicles

by accident, fire and theft.

To carry on the business of fire insurance in all its branches, and to grant insurance against injury or damage to

or loss of property directly or indirectly caused by or resulted from fire, accident, lighting , explosion or

otherwise.

To insure and grant, issue and effect policies and assurances in respect of surety (excluding financial guarantee)

including guarantee of performance of a contract.

To insure and grant, issue and effect policies and assurance in respect of aircraft, vessels and other motor

vehicles including for legal liability for passengers or other third parties or physical damage to the hull.

To carry on the business of marine and aerial insurance in all its branches, and in particular to make or effect

insurance on ships, vessels, boats, craft and aero planes of all kinds and on goods, merchandise, live or dead

stock, luggage, effects, bullion or other property, respondent and bollomry interests, commissions, profits and

freights.

To carry on all kinds of transit insurance business including of transit by land, sea, air, inland waterways and re-

insurance business incidental thereto.

To establish different classes or clubs of insuring members upon the footing that the members of each class or

club shall insure one another on the mutual principle and to manage and regulate such classes or clubs.

To transact insurances to protect employees and principals against liability on account of injury, loss or damage,

either sustained or caused by workmen, servants, employees or agents in their employment or acting on their

behalf.

To transact insurances to protect and indemnify principals or employers against loss or damage by fraud, breach

of trust or misconduct of their servants, agents or others acting on their behalf, and to guarantee and provide

security for the fidelity and good conduct of persons filing or about to fill offices or appointments and

situations of trust or confidence and also to protect and relieve private sureties against loss arising to them

from their liability as cautioners or guarantors for others.

Page 4: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

4 To transact insurances against claims upon the assured for injuries to the person and property of third parties

caused by the assured or his property or by others for whom he is responsible.

To transact insurances against loss of property by burglary or theft by housebreaking or larceny.

To insure or give any guarantee in relation to any stock, shares, debentures, debenture stock, bonds, obligations

or securities issued by or having any guarantee of any company or institution or of any authority supreme,

municipal, local or otherwise, or of any person or persons whomsoever, whether corporate or un-incorporate.

To insure or give any guarantee against calls and demands for contribution in respect of any liability incident to

the ownership of any shares or stock in any company or undertaking.

To insure or guarantee the holders of, or persons interested in, or proposing or intending to become holders of

any shares, stock or securities issued at a premium or standing at a premium, against loss arising from

redemption at par, depreciation or otherwise.

To insure or guarantee the safety of securities and property of all kinds placed on deposit with the Company or

elsewhere, or entrusted to the Company or other persons or companies for transmission, or otherwise

howsoever.

To insure and guarantee the due payment and performance of bills of exchange, promissory notes, debts,

contracts and obligations of all kinds, on the del credere system or otherwise.

To insure and grant, issue and effect policies and assurances in respect of horses, cattle, sheep, pigs and other

live stock against death, whether arising in the course of nature or caused by or the result or arising from or

out of disease or accident, and against injury or depreciation in value of accident, or by fire, flood, inundation,

lightning or tempest.

To insure and grant, issue and effect insurances upon and in respect crops, whether growing or severed, against

loss, destruction, or injury by fire, flood or inundation, or in any other manner.

To insure and grant, issue and effect policies and assurances in respect of loss or damage to property caused by

an insured peril including with respect to building, furniture and fixtures and contents including stock and

equipment.

To insure and grant, issue and effect policies and assurances in respect of inland marine, specialized coverage for

property away from the insured premises including contractors equipment, cargo.

To insure and grant, issue and effect policies and assurances in respect of damage to property resulting in a

business interruption or loss of income and continuing expenses thereto.

To insure and grant, issue and effect policies and assurances in respect of boiler and machinery including sudden

and accidental breakdown of any object including heating and air conditioning equipment.

To insure and grant, issue and effect policies and assurances in respect of legal liability for bodily injury or

property damage caused by automobile or otherwise.

To insure and grant, issue and effect policies and assurances in respect of accidental benefits, including

providing no fault coverage, medical and loss of income caused by automobile or otherwise.

To insure and grant, issue and effect policies and assurances in respect of physical damage, loss or damage to the

insured vehicle or automobile or other mode of transportation.

To insure and grant, issue and effect policies and assurances in respect of commercial general liability or

personal liability or legal liability for bodily injury or property damage.

Page 5: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

5 To insure and grant, issue and effect policies and assurances in respect of umbrella or excess liability.

To insure and grant, issue and effect policies and assurances in respect of errors and omissions, legal liability for

economic loss caused by rendering or failing to render professional service.

To insure and grant, issue and effect policies and assurances in respect of directors and officers including legal

liability for designated directors and officers for wrongful acts.

To insure and grant, issue and effect policies and assurances in respect of employers liability including for legal

liability for employees injured in the scope of coverage.

To insure and grant, issue and effect policies and assurances in respect of crime, loss or destruction of money,

securities or property by third party. To insure and grant, issue and effect policies and assurances in respect of

fidelity including loss of money or securities by employees.

To insure and grant, issue and effect policies and assurances in respect of legal expenses for a specified

coverage.

To insure and grant, issue and effect policies and assurances in respect of marine including legal liability and

physical damage to the vessel.

To insure and grant, issue and effect policies and assurances in respect of hail including damage to crops caused

by hail.

To insure and grant, issue and effect policies and assurances in respect of residual guarantee including

guarantees the value of leased property (such as a vehicle) at the end of the lease.

To insure and grant, issue and effect policies and assurances in respect of credit (personal lines only) including

guarantees the payments under a mortgage, hire purchase or similar arrangement in the event of default by the

obligor and/or the occurrence of some other event (eg. Disability), so long as such insurance is not classified

by the insurance regulatory and development authority as “life insurance”.

To insure and grant, issue and effect policies and assurances in respect of accident & sickness (other than stand-

alone) including medical expenses and income replacement resulting from accident or serious sickness.

To insure and grant, issue and effect policies and assurances in respect of accidental death & disability including

medical and income replacement results from death or permanent disability.

To give to any class or section of those who insure, or have dealings with the Company, any rights over or in

relation to any fund or funds, or a right to participate in the profits of the Company, or in the profits of any

particular branch or part of its business, either equally with other classes or sections or otherwise and any

other special privileges, advantages or benefits and either by way of rebate or otherwise subject nevertheless

to the rights of existing policyholders under policies already issued to them and for the time being in force.

To pay, satisfy or compromise any claims against the Company in respect of any policies or contracts granted by

dealt with or entered into by the Company which claims it may deem expedient to satisfy or compromise

notwithstanding that the same may not be enforceable.

To take, or otherwise acquire, and hold shares, debentures, or other securities of any other company or to invest

or otherwise deal in securities or securitized debt of any company, body corporate, trust or individual or the

Government of India or any state Government and to lend money and make investments or give credit to any

person or company and on such terms as may be considered expedient, and either with or without security; to

secure or under take in any way the repayment of moneys or investments lent to or the liabilities incurred by

Page 6: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

6 any person or company, and otherwise to assist any person or company and to further invest and deal with

the money of the Company not immediately required in any such manner as may from time to time be

thought fit.

To insure and grant, issue and effect policies and assurances in respect of workers compensation including no

fault coverage for employees injured in the scope of their duties.

To provide general insurance policies in rural sector, workers in un-organised or informal sector or for

economically vulnerable or socially backward classes and other category of persons as may be specified by

regulations made by the Insurance Regulatory and Development Authority.

To provide guarantee and security for the due performance and discharge by any person including bodies

corporate, Official and other receivers , Official and other liquidators , committees, guardians, executors,

administrators and other legal representatives of deceased persons, trustees, attorneys, doctors , brokers and

agents of their respective duties and obligations.

To effect savings linked insurance policies.

(2) To carry on, establish, organize, manage, promote, provide, operate, conduct and develop general assurance

business in all its branches & manifestations in India or elsewhere and for this purpose to operate various

schemes including endowment insurance, double benefit and multiple benefit insurance, medical insurance,

Engineering and Miscellaneous insurances and insurances covering risk against the perils of loss or Damage

to property or person for various reasons such as War, Riot, Civil commotion, storm, floods, Earthquakes,

Lightening, Explosion, Mechanical defects, fraud, Breach of trust, Misconduct, theft, Burglary, House-

breaking, larceny, and any other contingency, or peril, natural calamity or crop insurance, loss of profit

insurance, theft insurance, transit insurance, accidental insurance, limbs and organ insurance, annuity plans,

pension plan, gratuity plans, fixed income plans, saving linked insurance plans, and such other schemes and

plans as may be considered expedient and necessary from time to time.

(3) To act as agents, representatives, surveyors, sub-insurance agents, franchisers, consultants, advisors,

collaborators, in general insurance business and activities related thereto.

(4) To engage in all activities which are incidental and allied or related to insurance business and for this purpose to

apply, approach acquire, hold and procure such rights, titles entitlements, licenses and permissions from

Government, Semi-Government, local authorities, public bodies, undertaking and from such other authorities

as may be necessary and expedient to carryout the aforesaid activities.

Page 7: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

7

Main objects of BPO Company

To carry on the business of providing outsourcing services for all processes, sub Processes, transactions, activities

and all other work performed by business in various industries within India and across the world. This

includes those process or sub processes that are enabled by information technology. It also includes date,

voice or video collection and processing, call centre services including in bound and out bound calling

services of all kinds, technical support, managed data centre, managed technical centre, training centre, web

support back office, business or financial analysis, scientific analysis, research work and analysis, storage,

disaster recovery, accounting, pay roll, inventory management, customer relationship management,

enterprises resources planning and to develop software, provide consultancy, software solution and services

that are normally offered by the outsourcing business and information technology services providers, the

software development houses and application services providers.

Main objects of Automobile trading company

To carry on the business of manufacture, fabricate and assemble, buy, sell, import, export, distribute, and deal in

automobile parts of all kinds and descriptions, automotive and other gears, transmission and other axles,

universal joints, springs, leaves, head lamps, sealed beams, induction hardened pins, axles, alloy springs,

accessories and fittings of al kinds and to act as brokers and marketing agents for aforesaid items.

2. To carry on the business of buying, selling, dealing in, automobiles, motorcars, lorries, buses, vans,

motorcycles, cycle-cars, motor, scooters, carriages, amphibious vehicles, and vehicles suitable for propulsion

on land, sea, or in the air or in any combination thereof and vehicles of all descriptions, whether propelled or

assisted by means of petrol, diesel, spirit, steam, gas, electrical, animal, or other power, and of internal

combustion and other engines, chassis-bodies and other components, parts and accessories and all machinery,

implements, utensils, appliances, apparatus, lubricants, solutions enamels and all things capable of being used

for, in, or in connection with maintenance, and working of motors.

Main objects of Network Marketing Company

To carry on in India or elsewhere the business of buying, selling, reselling importing, exporting, transporting,

storing, developing, promoting, marketing or supplying, and to act as broker, trader, agent, C & F agent,

distributor, representative, franchiser, consultant, collaborator, stockist,liasioner, job worker, export house in

all types and grades of .............., or otherwise to deal in all shapes, sizes, varieties, specifications,

descriptions, applications, modalities, fashions and uses of .......................,

Page 8: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

8 To carry on in India the business of marketing, promoting, franchising or dealing in any of the above

activities as also financial and insurance products or schemes, both in internal and external markets, on its

own or through network marketing with membership concept of whatever sort or nature and to appoint sub-

franchisers etc., for any of the above purposes."

Main objects of Coke, Coal, Charcoal manufacturing Company

To carry on the business of purchase, sale, manufacture, process, import, export, buyers, sellers, traders,

merchants, distribution, deal in, to act as indent or agent, commission agent, distributors, wholesalers,

retailers, broker, contractor, or otherwise deal with raw and process materials, semi products and end products

of Low ash Metallurgical Coke, carbon, Chemicals, Coal, Coke, Petroleum Coke products, Calcined

Petroleum Coke, Ferro Alloys, Electrodes, Petro Products and Petro Products of all kinds & specification and

other allied items and industrial raw materials.

2. To manufacture, purchase, sell, deal in soft coke, Special Smokeless Fuel(SSF) with coal tar recovered by

CMPDIL Technology, industrial coke, coke as substitute to Charcoal, processing and distillation of coal tar

coal tar chemicals, any other type of coke and organic chemicals based on carbon and tar derivatives,

charcoal, bone charcoal, activated charcoal, activated carbon, black or any other carbon products, dyes, dye

intermediaries, coal mining, use of waste heat for processing or production of any article etc.

3. To carry on in all its branches the business of manufacturers and dealers in carbon black of all types, gas

black, ebony black, jet black, hydrocarbon black, satin black and silicate of carbon either from natural and/or

artificial gas or from any other source.

Main objects of Horticulture Company

To acquire, purchase or take on lease the agricultural land anywhere in the country.

To carry on the business of horticulture, floriculture, sericulture, cultivators, of all kinds of seeds, fruits,

including grapes, oranges, apples, mangoes proprietor of orchards and traders, exporter, dealers, processors,

preservers and sellers of the products of such horticulture, floriculture, sericulture, seeds and cultivation and

manufacturers of drinks including beverages produced from such products or otherwise.

To cultivate, plant, purchase, sell, trade, or otherwise deal in food stuff such as cereals sugarcane, sugar beet,

vegetable and flower seeds, oil seeds, tea, coffee, cocoa, cinchona, rubber flex, hemp, cotton, silk, art silk,

grass, timber wood, bamboo, straw, seeds fruits and other articles that are the produce of land and to sell

purchase, trade and deal in the same as principals or agents, solely or with partnership with other.

Page 9: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

9 To promote, develop, execute, operate and otherwise carry on projects, schemes, industries, business and

activities which in the opinion of the Company is likely to :

(i) accelerate and increase agricultural production;

(ii) contribute to the production of subsidiary and supplementary food;

(iii) increase the availability of supplies of food whether principal, ancillary, supplementary or substitute.

To apply for purchase or otherwise acquire and obtain any patents, bravets d’ inventions, licenses, permissions,

concessions, processors, and the like conferring any exclusive or limited right (either in point of time or

otherwise) to use the same or any secret or other information as to any invention which may seem capable of

being used for any purpose of the Company and to use, exercise develop or grant licenses in respect of or

otherwise turn to account any such patents, inventions, licenses, permissions, concessions, processes and the

information so acquired.

Main objects of Interior Decorator Company

To carry on in India or elsewhere the business to manufacture, develop, fabricate, finish, manipulate and to act as

importer, exporter, buyer, seller, job worker, wooden beading and mouldings, wooden packing cases, and to

carry on either alone or jointly with one or more persons, government, local or other bodies, the business of to

undertake Architectural work, inter designers, erection and installation and to act as civil engineers,

architectural engineers, interior decorators, consultants, advisors, contractors, turnkey contractors and

managers, and to do all incidental acts and things necessary for the attainment of the above objects.

Main objects of Hotel Business Company

To carry on all the business of hotels, restaurants, cafes, holiday camps, resorts, taverns, beer-houses,

refreshment rooms, night clubs, cabarets and swimming pools and Turkish baths and lodging or apartment

house keepers, licensed victuallers, wine, beer and spirit merchants, brewers, distillers, bakers and

confectioners, importers and manufactures of aerated mineral and artificial water and other drinks.

Page 10: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

10

(2) To carry on all the business of purveyors, caterers for public generally, taxi, motor car and motor lorry

proprietors, livery, stable and garage proprietors, farmers, dairymen, ice merchants, importers and brokers of

food, live and dead stock and foreign produce of all descriptions, hair dressers, perfumers, chemists,

Proprietors of clubs, baths, bars, dressing rooms, laundries, reading, writing and newspaper rooms, libraries,

grounds and places of amusement, recreation, sport, entertainment of all kinds, health club, beauty saloons,

indoor and outdoor playgrounds and stadiums, swimming pools, video and other fun game rooms, race

courses, meditation centers, boating clubs, flying clubs, freezing hot preservation and baking chambers, and

other apartments, tobacco and cigar merchants including the manufacture of cigars and other allied products,

agents for railways, shipping and airline companies and carriers and theatrical and open box office proprietors

entrepreneurs in connection with sub-clause 1 above.

(3) To act as hotel management consultants, mangers, operators, advisors, planners, values and to impart

technical know-how and training in the field of planning, construction, operation of hotels, motels,

restaurants, recreation and entertainment centers in the field of tourism industry whether in India or abroad

and to purchase erect or otherwise acquire, establish and equip and act as collaborators, technicians,

financiers to any other hotel or restaurant in India or abroad.

Main objects of Logistics Company

To establish, organize, manage, run, charter, conduct, contract, develop, handle, own, operate and to do business

as fleet carriers, transporters, in all its branches on land, air, water, & space, for transporting goods, articles,

or things on all routes and lines on National and International level subject to law in force through all sorts of

carries like trucks, lorries, trawlers, dumpers, coaches, tankers, tractors, haulers, jeeps, trailers, motor buses,

omnibuses, motor taxies, railways, tramways, aircrafts, hovercrafts, rockers, space shuttles, ships, vessels,

boats, barges and so on whether propelled by petrol, diesel, electricity, steam oil, atomic power or any other

form of power.

2. To carry on the business as agents, distributors, merchants, importers, exporters, traders, contractors,

warehousemen and to establish, maintain, operate and/or run agency lines in goods, stores, consumable items,

durable merchandise, chattels and effects of every kind and description in any place in the world

and without limiting the generality of the above, to carry on business as Selling Agents, Buying Agents, Factors,

Mukadams, Carriers, Jath Merchants, Landing Clearing and Forwarding Agents, Commission Agents,

Insurance Agents, Distributors and Stockiest, Brokers and/ or in any other capacity.

Page 11: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

11

3. To carry on the business of clearing and forwarding agents, courier and cargo handlers, handling and haulage

contractors, warehousemen, common carriers by land, rail, water and air, container agents, to handle goods

and passengers within the country and outside and to carry on the business of tour and travel operators and to

act as customs agents, wharfingers, landing agents, stevedores and longshoremen.

Main objects of Online Lottery Business

To carry on the business of Lotteries, Online Lotteries, dealership in Lotteries run by the Central and/or state

government authorities and/or run by the other private bodies, and to carry on the business of market survey

and developments of lotteries including market research of various types of lotteries.

Main objects of Manpower Consultancy Company

To carry on the business of providing Manpower placement and recruiting, Selecting, Interviewing, Training and

Employing all types of executives, Middle Management Staff, Junior Level Staff, Workers, Labourers

Skilled/Unskilled required by various Industries and organizations including providing security services,

Labour contractors, Industrial, Commercial, Housing and other security services and workers for office

management and to conduct employment bureau and to provide consultancy and other services in connection

with requirements of persons and manpower supply in India and abroad.

Main objects of IT Company

To carry on the business of Software designing, development, customisation, implementation, maintenance,

testing and benchmarking, designing, developing and dealing in computer software and solutions, and to

import, export, sell, purchase, distribute, host (in data centers or over the web) or otherwise deal in own and

third party computer software packages, programs and solutions, and to provide internet / web based

applications, services and solutions, provide or take up Information technology related assignments on sub-

contracting basis, offering services on-site/ offsite or through development centers using owned /hired or third

party infrastructure and equipment, providing recruitment and HR related services, providing and taking

Page 12: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

12 personnel / consultants/ human resources to / from other organizations, providing solutions/ Packages/

services through applications services provider mode via internet or otherwise, to undertake IT enabled

services like call Centre Management, Medical and legal transcription, data processing, Back office

processing, Accounting, HR and payroll processing, Insurance claims processing, credit card processing,

loans and letters of credit processing, cheque processing, data warehousing and database management, to

carry on the business of manufacturing, dealing and maintenance of computer hardware, computer systems

and assemble data processors, program designs and to buy, sell or otherwise deal in such hardware and

software packages and all types of tabulating machine, accounting machines, calculators, computerized

telecommunication systems and network, their components, spare parts, equipments and devices and to carry

on the business of establishing, running and managing institutions, school, and academics for imparting

education in computer technology, offering equipment, solutions and services for Networking and network

management, data centre management and in providing consultancy services in all above mentioned areas.

To develop, provide, undertake, design, import, export, distribute and deal in Systems and application software

for microprocessor based information systems, off shore software development projects, internet service

provider, and solutions in all areas of application including those in Emerging niche segments like Internet

and Intranet website applications solutions software enterprise, resource planning, e-commerce, value added

products and other business applications either for its own use for sale in India or for export outside India and

to design and develop such systems and application software for and on behalf of manufacturers owners and

users of computer, telecom, digital, electronic equipments in India or elsewhere in the world.

To manufacture, sell, export, import all kinds of electric & electronic components capable of being used in

Electrical & mechanical and electronic Industries including Computers telecommunications to carry our

software research and development, to design and develop system software, application software and any

other software in India and abroad to start Integrated services Digital Local Network ( ISDLAN ) dial for data

Centers technology parks, wide area network Internet, user net, cyber café services in India and abroad.

Main objects of Publication and Distribution company

To carry on in India or elsewhere the business as printers, publishers, typesesster, DPT operators, proofreaders,

binders, cutter, perforators, laminators, designers, authors, writer and editors of publication all varieties,

descriptions, specifications, applications & uses including books, novels, magazines, journals, souvenirs,

newsletters, periodicals, bulletins, pamphlets, forms catalogues, diaries, calendars, posters, pictures, stickers,

text books, law books, school books, college books, newspapers & other allied publications on any subject

whatsoever in print as well as in electronic media and to develop software, CDs, cassettes, floppies or any

other electors mode, devices, systems and to act as job work, contractor, sub-contractor, consultant, date entry

Page 13: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

13 operator, page maker, website designer, copyright owner and to deal in all goods, articles and things

necessary for the attainment of the above objects.

Main objects of Trading Company

To carry on the business of buying, selling, reselling, importing, exporting, transporting, storing, developing,

promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of goods on retail

as well as on wholesale basis in India or elsewhere.

To carry on the business as exhibitors of various goods, services and merchandise and to undertake the necessary

activities to promote sales of goods, services and merchandise manufactured/dealt with/provided by the

Company.

To act as broker, trader, agent, C & F agent, shipper, commission agent, distributor, representative, franchiser,

consultant, collaborator, stockiest, liaison, job worker, export house of goods, merchandise and services of all

grades, specifications, descriptions, applications, modalities, fashions, including by-products, spares or

accessories thereof, on retail as well as on wholesale basis.

To carry on in India or elsewhere the business as designers, researchers, developers, manufacturers, buyers,

assemblers, modifiers, installers, reconditioners, sellers, hirers, sublessors, market makers, dismantlers,

repairers, operators, exporters, importers, distributors, and to act as an agent, broker, adatia, consignor,

indenting agent, C&F agent, representative, correspondent, franchisers, stockist, supplier, vendor, transporter,

collaborator, export house or otherwise to deal in all its branches in automatic, semiautomatic, manual or

other types of tools, tackles, instruments, apparatus, systems & equipments, including lathes, turret-lathes,

capstan lathes, engine lathes, drills, drilling machines, shaping machines, planting machines, milling

machines, grinding machines, slotting machines, broaching machines, lapping machines, weighting machines,

wrapping machines, filtration equipments, franking machines, hydraulic machines and pneumatic machines,

punching machines and other allied goods, whether used for special operations or for general operations, and

whether operated from human, electrical, magnetic, electromagnetic, chemical, electrochemical,

photochemical, solar, tidal wind, nuclear, thermal, thermonuclear or other forms of energy and their parts,

products, assemblies, components, instruments, raw materials, display units, control devices, elements,

gadgets, circuits, micro circuits, used in machine tools including boules, bars, slices, rounds, wafers, sheets,

clips, micro clips, powders, fluids, gases, solids which may be polished, processed, coated, fused, diffused, or

otherwise treated and to do all incidental acts and things necessary for the attainment of the above said

objects.

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14

Main objects of Petrol Extraction Company

To establish, start, operate, Propagate, Produce, manufacture, grow, cultivate, process, collaborate, import, export,

sell, purchase or otherwise deal in and marketing of Jatropha, medicinal and aromatic plants, usual and

unusual herbs, economic and spices plants, plantation and tuber crops, ready to use potted plants, nuclear

seedlings, anther / Pollen culture, Protoplasm fusion, genetically engineering, DNAIRNA antisense, RNA

rescue, embryo transfer technology, integrated projects related to hybrid seeds/cut flowers, disease indexing

of clean plants, oleoresins / spice extracts, encapsulated spices, euro vegetables / fruits, mushroom, dry / fresh

fruits / nuts, fresh / canned / dehydrated / frozen fruits / vegetables, cold storages / cold chains, natural colors

/ dyes / gums / Pigments / enzymes / base oils / isolates / alkaloids, botanicals/ herbal extracts, essential oils,

solvent / field / cryo / hydro / steam distillation, research and development in Jatropha and its processing

technologies including Cultivation, transesterification of Jatropha oils into bio diesel and to establish its

distribution network across the country, agro and allied fields, establishment of agro processing complexes,

green / Polygreen houses, solar green houses, Protected cultivation, Post harvest infrastructure development,

Processing technologies, wasteland Promotion and development, land use planning, biofertilizers, bactrim,

herbal medicines / cosmetics, new generation activated series of agro / biochemical’s, polymers, biofungicide

/ biopesticides, IPM (Integrated pest Management), Cogeneration, recycling of organic waste, fermentation

and membrane Process technologies, fast foods, marine and Sea foods, energy foods, meat and meat products,

Oshtrich / EMU’s dairy / Poultry / Pig farming and processing technologies, beekeeping, honey and its

processing, sericulture and its processing technologies and to operate farming under satellite contractual buy-

back schemes including cultivation & processing of medicinal and aromatic plants, usual & unusual rare

herbs.

Main objects of Plastic Recycling Company

To carry on business of plastic recycling and as dealers in plastic raw materials, resins, goods and articles

connected with the plastic manufacturing industry.

To carry on business of importers, exporters, manufacturers, agents and representatives and dealers in all kinds

of plastic raw materials and products.

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15

Main objects of Power generation Company

To carry on, manage, supervise and control the business of transmitting, manufacturing, supplying, generating,

distributing and dealing in electricity and all forms of energy and power generated by any source whether

nuclear, steam, hydro or tidal, water, wind, solar, hydrocarbon fuel or any other form, kind or description.

2. To carry on in India or abroad the business of establishing, commissioning, setting up, operating and

maintaining electric power transmission systems/networks, power systems, generating stations based on

conventional/ non-conventional resources for evacuation, transmission, distribution, trading or supply of

power through establishing or using stations, tie-lines, sub-stations and transmission or distribution lines in

any manner including build, own and transfer (BOT), and/or build, own and operate (BOO) and/or build,

own, lease and transfer (BOLT) and/or build, own, operate and transfer (BOOT) basis or otherwise ,and to

acquire in any manner power transmission systems/networks, power systems, generation stations, tie-lines,

sub-stations and transmission or distribution systems from State Electricity Boards, Vidyut Boards, Power

Utilities, Generating Companies, Transmission Companies, Distribution Companies, Central or State

Government Undertakings, Licensees, other local authorities or statutory bodies, other captive or independent

power producers and distributors and to do all the ancillary , related or connected activities as may be

considered necessary or beneficial or desirable for or along with any or all of the aforesaid purposes which

can be conveniently carried on these systems, networks or platforms.

3. To plan, develop, establish, erect, construct, acquire , operate, run, manage, hire, lease, buy, sell, maintain,

enlarge, alter, renovate, modernize, work and use power system networks of all types including ultra high

voltage (UHV), extra-high voltage (EHV), high voltage (HV), high voltage direct current (HVDC), medium

voltage (MV) and low voltage (LV) lines and associated stations, substations, transmission and distribution

centers, systems and networks and to lay cables, wires, accumulators, plants, motors, meters, apparatus,

computers, telecommunication and telemetering equipments and other materials connected with generation,

transmission, distribution, supply and other ancillary activities relating to the electrical power and to

undertake for and on behalf of others all these activities in any manner.

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16

Main objects of Educational Institute Company

To set up laboratories, purchase and acquire land for establishment of Institute, equipment and instruments

required for carrying out medical investigation and to educate and train medical students, nurses, midwives

and hospital administrators and to grant such certificates or recognitions as the company may prescribe or

deem fit from time to time and to grant stipends, scholarships or any other assistance monetary or otherwise

to whomsoever to further the course medicine and / or medical research.

To carry in-house medical research by engaging in the research and development in all fields , systems of

medical sciences and in diagnostics and medical treatments and to develop new technologies so as to afford

medical relief in a better way. Further, to collect primary and secondary data and make statistical analysis and

apply the findings for furthering medical research and maintain, generate and upkeep intellectual rights,

properties and privileges in medical sciences, research, development and innovations and to patent the same

and / or register and trade mark(s) and to make use of the same by sale / export / let on hire either for

commercial or other purposes.

To provide, encourage, initiate or promote facilities for the discovering, improvement or development of new

methods of diagnosis, understanding and prevention and treatments of diseases by adopting commercialized

imported technology and by significant improvements in existing product / process / application and to

initiate development of technology and to apply this technology in the medical field and also in areas of

telemedicine etc, using computer applications to meet the medical standards and also benefit the public by

these applications.

To carry on the research and developmental activities to develop new products and substitute for imported

products and to develop and maintain testing house and laboratory for own use and for others and healthcare

institutions and to promote research and development in these areas.

Main objects of Textile Company

To carry on the business of manufacturing, buying, selling, importing, exporting and dealing in textiles, cotton,

silk, art silk, rayon, nylon, synthetic fibers, staple fibers, polyester, worsted, wool, hemp and other fibre

materials, yarn, cloth, linen, rayon and other goods or merchandise whether textile felted, netted or looped.

To carry on the business of importers, exporters, buyers, sellers, dealers and as agents, stockiest, distributors and

suppliers of all kinds of ready made garments, coverings, coated fabrics, textiles, hosiery and silk or

merchandise of every kind and description and other production goods, articles and things as are made from

or with cotton, nylon, silk, polyester, acrylics, wool, jute and other such kinds of fiber by whatever name

Page 17: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

17 called or made under any process, whether natural or artificial and by mechanical or other means and all

other such products of allied nature made thereof.

Main objects of Tour and Travel Company

To encourage and provide the business as package tour operators, daily passenger service operators, tour

operators, travel agents, ship booking agents, railway ticket booking agents, airlines ticket booking agents,

carrier service agents, courier service agents.

To carry on the business of running of taxies, buses, mini buses, trucks and conveyances of all kinds and to

transport passengers, goods, commodities, livestock’s, merchandise and to do the business of transporters,

forwarding and transporting agents, stevedore, Carmen, what fingers, cargo superintendents, package

handlers and carting contractors.

To carry on the business as tourist agents and contractors and to facilitate traveling and to provide for tourists

and travelers, the provision of convenience of all kinds in the way of through tickets, sleeper cars, or berths,

reserved places, hotel, motel and lodging, accommodation guidance, safe deposits, enquiry bureaus, libraries,

reading rooms, baggage transport and other allied services. 4. To act as Money Changers to provide

services that may be necessary for the achievement of the aforesaid objects.

Main objects of Venture Fund Management Company

To carry on in India or elsewhere the business to establish, form, promote, manage, organize handle, sponsor,

operate, supervise or to float venture capital fund /company to manage all sorts of assets of venture capital

through a duly incorporated company under the Companies Act, 1956 as approved by Securities & Exchange

Board of India or other authorities from time to time under prevailing laws, rules & guidelines and to

encourage and develop first generation entrepreneurs, specially technologists, technocrats and professionals,

in order to enlarge the technological entrepreneurial base in the country. To promote risk oriented projects

entailing the use of advanced and / or complex technology or projects for the manufacture of new products

for new usages and markets that will strengthen the national economy and to charge such management and

advisory fees and incidental expenses and to do all such acts and things as are necessary for the attainment of

the foregoing objects.

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18

Main objects of Hospitality Services Company

To purchase & acquire land for establishment of hotels, holidays, resorts, villas, lodgings, stalls, garages,

summerhouses, chateaus, castles, inns, hostels, road houses, motels, taverns, rest houses, guest houses.

To sell, serve & to distribute & to manage & market the manufacture of selling, serving & distribution of

comestible, eatables. Victuals, meat, bread, bread stuffs & all types of food stuffs & human consumables.

To sell serve & to distribute & to manage & market, selling, serving & distributing of soft drinks, aerated waters,

beverages, both natural & artificial fresh & canned vegetables & meats, fresh & canned fruits & to

manufacture, grow, produce, develop, process ( including canning, cold storage, deep freezing de-hydration,

baking, drying, bottling & packing ) of all types of vegetables, fruits, meat, fish, spices & condiments.

To carry on the business of travel agents, hirers of motor & other vehicles, caterers for public amusements, hair

dressers, perfumes, chemists, proprietors of clubs, bath, dressing rooms, laundries, reading rooms, writing

rooms, newspaper & smoking room, libraries, places of amusements, recreation, sports, entertainment &

instruction of all kinds, departmental stores, agents for railway, shipping and airplane companies and carriers,

theatrical and opera box office, proprietors, insurance agents.

Main objects of Warehousing Company

To carry on the business in India or abroad to take on lease, rent, hire and to construct, build, establish, erect,

promote, undertake, acquire, own operate, equip, manage, renovate, recondition, turn to account, maintain

and to run warehouses, god owns, open platforms, refrigeration houses, stores and other similar

establishments to provide facilities for storage of commodities, goods, articles and things, and for the purpose

to act as C & F agent, custodian, warehouseman, transportation and distribution agent, stockiest, financier,

auctioneer, importer, exporter, or otherwise to deal in all sorts of commodities, vegetables, fruits, edibles and

similar goods.

Main objects of Web Portal Company

To carry on the business of providing solutions and services related to Web-Technologies, Internet and E-

commerce, including to design, develop, maintain, operate, own, establish, install, host, provide, create,

facilitate, supply, sale, purchase, license or otherwise deal in Internet portals, Internet networks, Media

Portals, Internet solutions, Internet gateways, Internet service providers, E-commerce, Web-site designing,

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19 Web based and Web enabled services and applications, E-commerce service provider, E-

commerce solutions, E-commerce platforms, E-commerce education, E-commerce technologies and E-

business solutions.

To provide consultancy services addressed to business process engineering, information technology and the

design and implementation of information technology solutions for Industry and to establish computer

network, either as part of international network or as stand alone network or otherwise, development of

websites, Portal Sites and provide high speed digital / analog communication links to other networks and to

establish and offer internet services, internet service provider and any other service which is feasible by using

internet or any other such international networks.

To develop expertise and impart education in the fields of information technology.

To identify and acquire/invest in Companies and enterprises including forming joint venture and act as a Holding

company in businesses holding prospects of growth including investing in Companies dealing in Telecom

Ventures, ISP Business, WEB portal business, IT server farms and hosting business, digital service provider

business, IT software development business, multimedia software development business and any other

business activity in the areas of telecommunications and information technology.

Main objects of Coaching Institute Company

To acquire and take over the running business of proprietorship concern named [Name of the firm] along with all

its assets and Liabilities on such terms and conditions as may be mutually agreed upon. The said

Proprietorship Firm will cease to exist after such takeover by the Company after incorporation thereof.

To establish, setup, and run in any part of India coaching institutes , Study centre, oral coaching classes, where in

professional, technical, vocational or higher education in every field of science, commerce, arts, management,

engineering, law, banking, insurance, finance, medicine, hospitality, tourism, computers, or any other type of

education be imparted by conducting regular , part time classes.

To establish, develop, promote franchise, study centers in India or abroad for conducting regular, evening or

weekend interactive classes and to get the necessary approval, permission required for this purpose.

To enter in to Joint Venture, or collaborate with accredited educational institutions in India/outside India to

provide such infrastructure assistance to such accredited educational institution and such other learning

support on such terms and conditions as may be decided by the company from time to time.

Main objects of Pharmaceutical Company

Page 20: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

20 To manufacture, formulate, process, develop, refine, import, export, wholesale and/or retail trade all kinds of

pharmaceuticals, antibiotics, drugs, medicines, biological, neutraceuticals, healthcare, ayurvedic and dietary

supplement products, medicinal preparations, vaccines, chemicals, chemical products, dry salters, mineral

waters, wines, cordials, liquors, soups, broths and other restoratives or foods and also to deal in medicinal

goods such as surgical instruments, contraceptives, photographic goods, oils, perfumes, cosmetics, patent

medicines, soaps, artificial limbs, hospital requisites, proprietary medicines, veterinary medicines and

tinctures extracts and to carry on the business of vialling, bottling, repacking, processing of tablets, capsules,

syrups, injections, ointments, etc. and also to carry on the business of chemists, druggists, buyers, sellers,

agents, distributors and stockiest of all kinds of pharmaceuticals and allied products.

To carry on in India or abroad business of importers, merchants, general order suppliers, commission agents,

representatives, distributors, royalty owner, contractors, auctioneers, indent agents, passage agents, factors,

organizers, concessionaries, sale agents, sub agents, and insurance agents, in connection with the business as

referred to in sub-clause (1) above.

To acquire, establish, run and maintain hospital(s) for the reception and treatment of persons suffering from

illness, or mental defect or for the reception and treatment of persons during convalescence, or of persons

requiring medical attention, or rehabilitation, to provide medical relief to the public in all branches of medical

sciences by all available means, to run, own, manage, administer, Diagnostic Centers, Scan Centers, Nursing

Homes, Clinics, Dispensaries, Maternity Homes, Child Welfare and Family Planning Centers, Clinical,

Pathological testing laboratories, X-Ray and ECG Clinics in India and abroad, to act as Consultant and

Advisors providing technical know-how, technical services and allied services for the establishment,

operation and improvement of Nursing Homes, Hospitals, Clinics, Medical Institutions, Medical Centers,

Diagnostics Centers and Laboratories In India and abroad, to carry out medical research by engaging in the

research and development of all fields of medical sciences, and in therapies of medical treatment, so as to

afford medical relief in a better way, to provide research facilities for carrying on research, basic and applied,

in all systems and discipline or medical and surgical knowledge, to develop pharmacological standardization

of indigenous medical plant, to encourage and discover new medical and/or surgical management of disease

and affections and to investigate and make known the nature and merits of investigations and findings and

research in the said field and to acquire any processes upon such terms as may seem expedient and to improve

the same and undertake the manufacture of any product developed, discovered or improved and/or to give

licenses for the manufacture for the same to other and either to market the same or to grant licenses to other to

market the same on such terms as may be deemed fit, to provide, encourage, initiate or promote facilities for

the discovery, improvement or development of new method of diagnosis, understanding and treatment of

diseases.

To establish and run health portal, web sites, medical transcription centers, data processing/computer centers,

retail chains, e-commerce, and to offer wholesale, retail, e-commerce facilities, health constancy and data

processing and other services that are normally offered by health portal, web sites, medical transcription

centers, data processing/computer centers, retail chains, etc. to individuals, business and other type of

customers and to impart training of Electronic data processing, Computer Software and Hardware, to

customers and others and to carry on the business of manufacturers, producers, makers, convertors, repairers,

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21 importers, exporters, traders, buyers, sellers, retailers, wholesalers, suppliers, indenters, packers,

movers, preservers, stockiest, agents, sub-agents, merchants, distributors, consignors, jobbers, brokers,

concessionaires or otherwise deal in computers, data processors, calculators, tabulators, machines, appliances,

accessories, devices and instruments, of every kind and activation for use for industrial, commercial,

scientific, medical, statistical, or any other purpose and any product or products thereof or materials, articles,

software and hardware used in the operation of or otherwise in connection therewith or ancillary thereof.

Main objects of Developing, Building and constructing properties

To purchase any land, plot(s) of land or immovable property or any right or interest therein either singly or

jointly or in Partnership with any person(s) or Body corporate or partnership Firm and to develop and

construct thereon residential, commercial complex or complex(es) either singly or jointly or in partnership as

aforesaid, comprising offices for sale or self use or for earning rental income thereon by letting out individual

units comprised in such building(s).

To purchase any movable or immovable property including industrial, commercial, residential, or farm lands,

plots, buildings, houses, apartments, flats or areas within or outside the limits of Municipal Corporation or

other local bodies, anywhere within the Domain of India, to divide the same into suitable plots, and to rent or

sell the plots for building/constructing residential houses, bungalows, business premises, and colonies and

rent or sell the same and realize cost in lumpsum or easy installments or by hire purchase system and

otherwise.

To purchase, sell and otherwise to carry on the business such as builders, contractors, architects, engineers,

Estate agents, decorators and surveyors.

To purchase for resale and to trade in land and house and other immoveable property of any tenure and any

interest therein, and to create, sell and deal in freehold and leasehold ground rents, and to deal in trade by way

of sale, or otherwise with land and house property and any other immovable property whether real or

personal.

To construct, execute, carryout, equip, support maintain, operate, improve, work, develop, administer, manage,

control and superintend within or outside the country any where in the world all kinds of works, public or

otherwise, buildings, houses and other constructions or conveniences of all kinds, which expression in this

memorandum includes roads, railways, and tramways, docks, harbours, Piers, wharves, canals, serial runways

and hangers, airports, reservoirs, embankments, irritations, reclamation, improvements, sewage, sanitary,

water, gas, electronic light, power supply works, and hotels, cold storages, warehouses, cinema houses,

markets, public and other buildings and all other works and conveniences of public or private utility, to apply

for purchase or otherwise acquire any contracts, decrease, concessions, for or in relation to the construction,

execution, carrying out equipment, improvement, administration, or control of all such works and

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22 conveniences as aforesaid and to undertake, execute, carry out, dispose of or otherwise turn to

account the same.

Main objects of Agro Service Company

To carry on business as manufactures, importers, exporters, wholesalers, retailers and dealers in all types of agri-

inputs, like fertilizers, Micronutrients, Pesticides & insecticides, veterinary and live stock feeds and feed

supplements, fish feeds and its supplements.

To buy import, export, sell and generally deal in all plant and machinery, implements, accessories, tools, goods

or things and all types of modern agricultural implements, veterinary, live stock and poultry equipments and

also to carry on the business of poultry, farming, agricultural farming, fish rearing and allied activities.

Main objects of Steel Company

To acquire or carry on in India or elsewhere the business of providing heat and cold treatment of iron, steel

(including alloy steel) and metal founders, processors, turners, forgers, drawers, rollers and re-rollers of steel

shafting’s, bars, rods, etc., in different shapes and sizes from scraps, billets, ingots including wire, nails,

screws, metal hinges, plates, sheets, strips, hoops, rounds, circles, angles and to alloy steel, stainless steel, any

other products from steel, brass, copper, lead, zinc, nickel and any other ferrous and non-ferrous metals of all

sizes, specification and description including ingot casting in electric and furnace.

To carry on in India or elsewhere the business to design, manufacture, produce, prepare, buy, procure, acquire,

import, improve upon, alter, manipulate, maintain, prepare for market, handle, assemble, heat, grade, mould,

cast, sell, resale, export, operate, dispose of, distribute, transport, store, forward, dispose, consume, repair

supply and otherwise deal in or develop all types, varieties, models, shapes, sizes, specifications, description,

diameters, capacities, applications, uses and values of gadgets, implements, accessories, parts, spares,

assemblies, components, moulds, jigs, nuts, bolts, fixtures and tools, metallic or otherwise.

To act as agent, broker, representative, and consultant, collaborator, stockiest, lesser, franchiser, wholesaler,

retailer, job-worker, exporter, importer, dealer or in any such other capacity in respect of products

manufactured or dealt with by the Company.

To carry on all processes like metal printing, metal anodising, electro-plating, chemical treatment and lacquering

in respects of products manufactured or dealt with by the Company.

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23

Main objects of Retail Business

To acquire or carry on in India or elsewhere the business of providing heat and cold treatment of iron, steel

(including alloy steel) and metal founders, processors, turners, forgers, drawers, rollers and re-rollers of steel

shaftings, bars, rods, etc., in different shapes and sizes from scraps, billets, ingots including wire, nails,

screws, metal hinges, plates, sheets, strips, hoops, rounds, circles, angles and to alloy steel, stainless steel, any

other products from steel, brass, copper, lead, zinc, nickel and any other ferrous and non-ferrous metals of all

sizes, specification and description including ingot casting in electric and furnace.

To carry on in India or elsewhere the business to design, manufacture, produce, prepare, buy, procure, acquire,

import, improve upon, alter, manipulate, maintain, prepare for market, handle, assemble, heat, grade, mould,

cast, sell, resale, export, operate, dispose of, distribute, transport, store, forward, dispose, consume, repair

supply and otherwise deal in or develop all types, varieties, models, shapes, sizes, specifications, description,

diameters, capacities, applications, uses and values of gadgets, implements, accessories, parts, spares,

assemblies, components, moulds, jigs, nuts, bolts, fixtures and tools, metallic or otherwise.

To act as agent, broker, representative, consultant, collaborator, stockiest, lessor, franchiser, wholesaler, retailer,

job-worker, exporter, importer, dealer or in any such other capacity in respect of products manufactured or

dealt with by the Company.

To carry on all processes like metal printing, metal anodising, electro-plating, chemical treatment and lacquering

in respects of products manufactured or dealt with by the Company.

Main objects of Special Economic Zone Company

To carry on in India or abroad the business of developing, constructing, establishing, commissioning, setting up,

operating , maintaining, alteration, pulling down and restore either alone or jointly with any other companies

or persons, Government , firms, associations authorities, bodies, trusts, agencies, societies or any other person

or persons engaged in or in connection with either directly or indirectly and whether wholly or in part, for the

purposes of infrastructure development work or providing infrastructure facility or engaged in infrastructure

activities, which shall include work or facility or providing of services in relation to or in connection with

setting up, development, construction, operation, maintenance, modernisation, expansion and improvement of

any infrastructure project or facility including roads, special economic zones, export processing zone,

knowledge parks, information technology parks, highways, railways, airways, waterways, ports, transport

systems, bridges, tele-communication and other communication systems, systems for generation or storage or

transmission or distribution of power, irrigation and irrigation systems, sewerage, water supply, sanitation,

health, tourism, education, oil & gas (excluding exploration), food and agriculture infrastructure and setting

up of industrial areas.

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24

Main objects of Electronics Company

To carry on the business of manufacture including production and processing and fabrication and assembling,

repairing, alternation, buying, importing, marketing, selling and exporting and otherwise dealing in all types

of automotive components, electrical components, spare parts, products, equipments for all types of two-

wheelers, passenger cars, light motor vehicles, multi-utility vehicles, heavy motor vehicles, All Terrain

Vehicles (ATVs) and all other types of automobiles.

To carry on the business of manufacturing including production and processing and fabrication and assembling,

repairing, alternation, buying, importing, marketing, selling and exporting and otherwise dealing in all kinds

of equipments, machinery apparatus, tools, assembles, spares, components, jigs, dies, utensils, commodities

for manufacturing all types of automotive components and equipments.

To carry on the business of manufacturing including production and processing and fabrication and assembling,

repairing, alternation, buying, importing, marketing, selling and exporting and otherwise dealing in all types

of electrical components for home appliance products.

To carry on the business of manufacturing including production and processing and fabrication and assembling,

repairing, alternation, buying, importing, marketing, selling and exporting and otherwise dealing in all types

of telecommunication components.

To carry on the business of research and development, design, provision of technical assistance and licenses,

consulting and otherwise of manufacturing systems including production control and quality control and

improvement of production lines relating to above objects.

Main object of Broadcasting and Networking company

To carry on the business of broadcasting, telecasting, relaying, transmitting, distributing or running any video,

audio, voice, or other programmers or software, (both proprietary and third party) over television, radio,

internet, telecom or any other media.

To carry on the business of Cable services encompassing distribution, relaying, transmission of signals including

but not limited to TV, voice over Internet Protocol, Video On Demand or any other services through cable

within and outside India by means of any system.

To offer internet based services including but not limited to offering international and domestic voice, voice-

over-internet protocol (VOIP), Broadband internet, wireless, data and hosting services to business and

residential retail customers and other carriers located in the territory of India and to apply and obtain licenses

to carry on these objects.

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25 To create/raise infrastructure of dark fibers, right of way, duct space & tower for relaying and transmission

of signals for internet and telecom based cable services to end subscribers and customers in Indian territory,

to offer such infrastructure to others business establishment on lease and commercial terms and to apply and

obtain licenses to carry on these objects.

Main objects of SEZ Unit - IT & ITES

To carry on in India and abroad all kinds of business in the field of telecommunication, information technology,

e-commerce, computer hardware and software and all other related business and to also design, develop,

invent, research, prepare, manufacture, establish, buy, sell, import, export or otherwise deal, repair, distribute,

market and give consultancy and take or give on lease, license, hire or otherwise and to carry on all categories

and aspects of business in:

(a) Telecommunication network, international gateway provider using facilities such as cable, telephone and

computer linkage services.

(b) Internet-related services such as telnet, usenet, medical transcription, tele/video conferencing and file

transfer protocol.

(c) Call Centres.

(d) Web sites, web hosting and web programming.

(e) Internet services, systems and connectivity with telephone network using telephone, satellites and

transponders.

(f) Cyber shops, cyber cafes, cyber classrooms, internet kiosks.

(g) E-mail and e-commerce services.

(h) Computer software, computer programming, computer peripherals in all lines of business/profession al

activities.

(i) Data-storage, data analysis and data processing related activities.

(j) Using broadband technology in computers.

To develop, improve, buy, sell, assemble, import, export, exchange, repair and otherwise deal in all kinds of

computers, microprocessor based systems, peripherals and their parts, components and systems, computer

hardware and accessories and related equipments, computerized magnetic tapes, magnet drums, magnetic

discs, magnetic cards, magnetic core, magnetic tools, CD ROM & Optical Disks, disk drives and buy, sell or

otherwise deal in all kinds of computer hardware, software, their programmes and accessories.

Page 26: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

26 To establish and run date processing/computer training centers and to offer consultancy and data

processing and other services that are normally offered by data processing computer centers to industrial,

business and other types of customers and to impart training on electronics data processing, computer

software and hardware to customers and others in India and abroad.

To act as consultants, advisors and engineers, whether in India or Abroad on matters relating to systems design

and software developments and to carry on the business of providing consultancy, technical know-how

services and training in all the fields of telecommunication, information technology, voice transcription and

processing.

Main objects of Agriculture and Plantation activity Company

To provide the necessary infrastructure to harvest and develop forest resources based, to promote forest

resources based Industries, to arrange marketing of timber and other forest resources on the mainland and

abroad.

To plant, grow, cultivate, produce, and raise plantations of various forest species of proven utility and other

agricultural, plantation, horticultural crops, medicinal and aromatic plants and to buy, sell, export, import,

process, distribute, or otherwise deal with all kinds of forest crops, natural products agricultural, plantation

and horticultural crops, medicinal and aromatic plants.

To carru on the business of planters, cultivators, producers, sellers and dealers in timber, processed or not and

such other products of every description and to manufacture, dispose of sell and deal in products of natural

forest and forest plantations, agricultural, plantation and horticultural crops and medicinal and aromatic

plants.

To establish, administer, own and run industries for manufacturing forest products, agricultural, plantation and

horticultural products, medicinal and aromatic plants.

To conduct and contract for training and research connected with the integrated develoment of forest resources

of the islands and cultivation as well as processing of agricultural, plantation and horticultural crops,

medicinal and aromatic plants.

To maintain and improve Wild Life and other natural Resources.

Main objects of Merchant Banking Company

To act as a Merchant Bankers, Portfolio Managers, Underwriters, Sub-Underwriters, Consultants for Capital

Issues, Advisors to Capital Issues, Registrars to the issue, Share Transfer Agents, Investment Consultants,

Consultants and Management Advisors to Corporate Bodies, Individuals and Promoters in commercial,

Page 27: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

27 industrial management and policy matters and to make project evaluation, feasibility studies, project

report, and surveys and to give expert advice and suggest ways and means for improving efficiency in

business organization and concerns and industries of all kinds and/or to act as lead managers, co-managers to

issue of shares, stocks, bonds, debentures, commercial paper or other securities of bodies corporate or

industrial undertaking and/or shares ,stocks, bonds, debentures, commercial paper or other securities issued to

any government or semi-government authority or public authority of government under taking or stocks,

bonds, debentures or of the securities.

To carry on business of investment and to undertake and transact and deal in bills of exchange, hundies,

promissory notes and other negotiable instruments and securities and also to issue on commission, to

subscribe for, underwrite, take, acquire and hold, sell and exchange and deal in shares, stocks, bonds or

debentures or securities of any government or public authority and/or to acquire any such shares, stocks,

debentures, bonds by original subscriptions, exchange or otherwise and to subscribe for the same either

conditionally or otherwise and to guarantee the subscription thereof.

Main objects of Food Company

To carry on the business of process, produce. Mix, pack, preserve, freeze, extract, refine, manufacture, import,

export, buy, sell, trade and deal in processed foods, health foods, protein foods, food products, agro foods,

fast foods, packed foods, poultry products, sea foods, milk foods, health and diet drinks, extruded foods,

frozen foods, dehydrated foods, precooked foods, canned foods, preserved foods, bakery products and

confectionery items such as breads, biscuits, sweets, cakes, pastries, cookies, wafers, condoles, lemon drops,

chocolate, toffees, tinned fruits, chewing gum, bubble gum, detergents, tea and coffee, vegetables, fruits,

jams, jelly, pickles, squashes, sausages, nutrient, health and diet foods / drinks, extruded foods, confectionery

items, sweets, cereals products and any other food products in and outside India.

To carry in India or elsewhere the business to process., prepare, disinfect, fennentate, compound, mix, clean

wash, concentrate, crush, grind, segregate, pack, repack, add, remove, heat, grade, preserve, freeze, distillate,

boil, sterilize, improve, extract refine, buy, sell, resale, import, export, barter, transport, store, forward,

distribute, dispose, develop, handle, manipulate, consultant, collaborator, adatia, stockists, liasioner,

middleman, export house, jobworker or otherwise to deal in all types, descriptions, tastes, uses and packs of

consumer food items, their by products, ingredients, derivatives, residues, including foods and vegetables,

packed foods, powders, pastes, liquids, drinks, beverages, juices, jams, jelly, squashes, pickles, sausages,

concentrates, extracts, essences, flavours, syrups, sarbats, flavoured drinks, cream, cheese, butter, biscuits,

breads, cakes, pastries, confectionery, sweets, chocolates, toffees, fun foods, breakfast foods, dietic products,

strained baby foods, instant foods, cereal products, table delicacies and all other items whether natural,

artificial or synthetic.

To carry on the business of processing, farming, manufacturing, distributorship, agency, broker, factors,

stockiest, importer and otherwise deal in all kinds of organic and inorganic foods products and drinking

Page 28: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

28 products, mineral water, soft drinks, aerated mineral water, fruit drinks, artificial flavoured drinks,

condensed milk and drinking products of all kinds and other consumable provision of every description for

human consumption.

To carry on the business of hotel, restaurant, and snack bars and catering.

To import and export of all kinds and types of food products and drinks.

Main objects of Bio-tech Company

To manufacture, formulate, process, develop , refine all kinds of pharmaceuticals, antibiotics, medicinal

preparations, drugs, chemicals, chemical products, dry salters, foods suitable for infants and invalids, and

allied goods and to carry on the business of chemists, druggists, importers, exporters, buyers, sellers, agents,

distributors and stockists of all kinds of pharmaceuticals.

To manufacture, buy, sell and deal in mineral waters, wines, cordials, liquors, soups, broths and other

restoratives or foods especially those suitable for infants, invalids and convalescents, and also to deal in

medicinal goods, such as surgical instruments, contraceptives, photographic goods, oil, perfumes, cosmetics,

patent medicines, soaps, artificial eyes, hospital requisites, vaccines, biologicals, proprietary medicines,

veterinary medicines and tincture extracts.

To carry on the business of vialling, bottling, repacking, processing of capsules, syrups, tablets and ointments.

To carry on the business of manufacturers and dealers in insecticides, pesticides, repellents, fertilisers and all

kinds of agricultural chemicals and to carry on the said business in all their branches and/or to undertake

spraying of such chemicals through manual, mechanical and /or aerial operations, alone or in association with

other agencies and/or companies.

To act as an import & export house.

To acquire, render or sell, give technical know-how in India or abroad for any kind of collaboration on any basis.

To carry on the business as manufacturers, producers, growers, makers, buyers, sellers, importers, exporters,

distributors, agents, brokers, consultants, factors, stockists, commission agents, dealers, market makers and

engineers of engineering goods, machinery, apparatus, tools, instruments, appliances, metals, alloys, iron,

automobile parts, steels and stainless steel and iron products, hides, skins, leather goods, furs, bristles,

tobacco (raw and manufactured ), hemp, seeds, oils and cakes, vanaspati,textile, fibre, coir, jute and products

thereof, wood and timber, bones crushed and uncrushed, coal and charcoal, glue, gums and resins, ivory, lac,

shellac, manures, pulp or wood rags, rubber, tanning substance, petroleum & petroleum products, gases, wax,

quartz, crystal, chemicals and chemical preparations, plastic linoleum articles, glass ware, handicraft items,

handloom, toys, gold, precious stones, ornaments, jewelleries, pearls, drugs, medicines and pharmaceutical

and biological products, instruments and appliances, soaps & detergents, paints, machinery and mill work and

parts thereof, paper and stationery, newsprint, sport goods, cosmetics, films, rubber and plastic goods,

batteries, surgical and musical instruments, marble and hardware items, calendars, all kinds of books and

manuscripts, electrical and electronic products of all kinds, computer hardware & software, data processing,

Page 29: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

29 communication systems, air conditioning & refrigeration, sanitary ware and fittings, synthetic,

cotton and woollen yarns and fiber, woollen textiles, natural fiber, cellulose and cellulose products, fruits,

nuts, cashew –nuts, kernels, grains, pulses, flours, confectionery items, alcohol, beverages, perfumes, spirits,

spices, tea and coffee, sugar and molasses, vegetables and vegetable products, processes foods and packed

food, agro and agricultural products, all kinds of fabric, garments and hosiery goods, agarbatti, dhupbatti,

carpets, durries, mats, rugs, furniture and packing materials and all other articles of silk, cotton, woollen and

worsted materials and all sorts of apparels, dressing materials.

To carry on the business of manufacturers, producers: importers, exporters, retailers, distributors, agents and

dealers in chemical, scientific apparatus, appliances, compounds, preparations, materials and requisites of all

kinds, and of cements, ceramics, oils, paints, pigments, varnishes, drugs, dye wares, essences, essential oils,

ingredients for aerated or mineral water and other drinks, soaps, cosmetics, perfumes, soap flavourings, toilet

requisites and preparations, disinfectants and antiseptics, and or cordial, liquors, soups, broths and other

restoratives and foods, abrasives & grinding, air-conditioners, alkalis, aluminium, automobiles, auto-

ancillaries, bearings, breweries & distilleries, cables, carbon black, cement & cement products, ceramic tiles,

cigarettes, civil construction, housing, cycles & accessories, decorative & laminates, diamonds & jewellery,

domestic appliances, dry cells, dyes & dyes intermediaries, electrical equipments, switchgears, picture tubes,

electrodes, engineering products, engines, entertainments, fasteners, ferro alloys, fertilisers, food processing,

food products, forgings, glass, explosives, leather footwear & leather products, lubricants, machine tools,

metals, mining, moulded luggage, furniture, office equipments, packaging & packaging products, paints,

photographic & allied products, plastics, pollution control equipments, power, pumps & compressors,

refineries, refractories, solvent extraction, sponge iron, pig iron, steel tubes, pipes, telecommunications,

textile machinery, power transmission and tyres & tubes.

KHANNA & ASSOCIATES is a full service Law Firm handling all legal matters on Civil, Criminal,

Business, Commercial, Corporate, Arbitration , Labor & Service subjects in law, in all courts as well as

Tribunals. An individualized service by members with decades of experience ensures total satisfaction to

the clients.

We Provide services are:

• Accounting Services

• Auditing & Assurance Services

• Advisory Services

• Business Services

• Corporate Services

• International Services

• Financial & Corporate Services

• Foriegn Exchange Services

• STPI Services

• Taxation Services

• Trademark & Copyright Related Services

• NRI Related Services

• Corporate Governance Services

Page 30: Format Of Main Object Clause of Various Types of Companies as Per Companies Act 2013

30 • Service Tax

Contact Us:

• www.khannaandassociates.com

• www.cafirm.khannaandassociates.com

• www.bestdivorcelawyer.in

• www.domesticviolence.co.in

IN-+91-946160007

US-+1-80151-20200

[email protected]

[email protected]