OBJECT CLAUSE SEED COMPANY
karthik Rajgopal
Ravinder Singhal
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Siddharth Ahuja
Main Objects
The main objects for a seed company typically include activities related to the core business of seed production and distribution. Some key points to include are:
To carry on the business of cultivating, growing, breeding, producing, manufacturing, processing, cleaning, drying, and dealing in all kinds of certified seeds. This includes seeds for agricultural, horticultural, and forestry purposes.
To undertake research and development 🔬 for new and improved varieties of seeds, including bio-pesticides, bio-fertilizers, and plant nutrients.
To import, export, and trade in seeds and all related agricultural products.
To establish, maintain, and operate seed processing plants, warehouses, cold storage facilities, and other infrastructure necessary for the business.
Ancillary and Other Objects
These objects support the main business activities but are not the primary purpose of the company. Including these gives the company the flexibility to engage in related activities without having to alter its MoA.
To buy, sell, lease, or otherwise acquire land for the purpose of farming, cultivation, and research.
To engage in market research and promotional activities to develop markets for quality seeds in India and abroad.
To provide consultancy and advisory services to farmers and other organizations on seed production and agricultural practices.
To manufacture, buy, sell, and deal in agricultural machinery, tools, and equipment used in farming and seed production.
To enter into partnerships or agreements with other companies, firms, or individuals for technical and financial assistance.
To undertake all necessary or proper steps with government authorities to obtain licenses, permits, and concessions required for the business.
To borrow or lend money with or without security, as may be required for the company's business.