Main object of handicraft company
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nihita jayanthi naga
Apr 2, 2012, 4:07:25 AM4/2/12
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1. To acquire and take over as a going concern the business now
carried on in the
XXXXXXXXXXXXXXXXXXXX under the name and style of
‘Handicrafts Emporium’, particularly to market and sell handicrafts,
handloom, rural
and village industries’ products , presently managed by the Economic Development
Corporation of Goa, Daman and Diu Limited with all the assets and
liabilities of the
business and to carry on the same business with its original objects
and purposes and
to extend the same and for that purpose to acquire by purchase, lease
or otherwise
any land. buildings, machinery or other properties in the
XXXXXXXXXXXXXXXXXXXX or elsewhere as the Company may from time to time
determine
and to sell or dispose of the same.
2. To manufacture, sell the products of rural, cottage, handicrafts,
village industries and
handloom goods, sandalwood, ivory works, coir products, engravings, sculptures,
bronzes, enamels, jewellery, gems, coins medals and other works of art
and the like
hither to be carried on by the Handcrafts Emporium and to continue the
business for
the objects and reasons for which they were originally established.
3. To promote, develop, undertake, assist and maintain schemes, projects and
programmes including schemes for individuals, artisans and entrepreneurs for the
economic and social development or rural areas in the XXXXXXXXXXXXXXXXXXXX.
4 To undertake, promote, develop, assist, maintain schemes, projects
and programmes and to
aid, counsel, finance the small scale industries in the XXXXXXXXXXXXXXXXXXXX.
5 To promote, establish, execute, improve and undertake cottage
industries including village,
khadi and textile industries(hand spun and hand woven) and similar
other industries in the Union
Territory of Goa, Daman and Diu.
6 To organize, establish emporia, art galleries for the exhibition of
all types of products of
handicrafts, rural, small scale village, handloom, khadi, textile and
cottage industries.
7 To promote, aid, establish, execute, improve, finance identify and
undertake handicrafts, rural,
small scale village, handloom, textile, khadi and cottage industries
or projects(including
individuals, artisans and entrepreneurs) in the XXXXXXXXXXXXXXXXXXXX.
8 To encourage, procure and make available expert advice and guidance
including technical and
managerial services in the areas of handicrafts, rural, small scale
handloom, khadi, textile,
village and cottage industries and to undertake and provide all sorts
of marketing facilities
including export market for the products of handicrafts, rural, small
scale handloom, khadi,
textile, village and cottage industries.
9 To provide, assist, give training and expert advice in the areas of
the products of handicrafts,
rural, small scale handloom, khadi, textile, village and cottage
industries including technical
advice and to other awards, scholarships and prizes for the same.
10 To manufacture, procure, produce, store, distribute, market and
sell raw materials required for
handicrafts, rural, small scale handloom, khadi, textile, village and
cottage industries.
11 To appoint stockists, selling agents, distributors, commission
agents, salesman, for promoting
sales of handicrafts, rural small scale handloom, khadi, textile,
village and cottage industries
products.
12 To enter into any contracts or arrangements with any Government
including Central or State or
Authority, Municipalities, Local Boards or otherwise that may seem
conducive to the Company’s
objects or any of them and to obtain from any such Government or
Authority any rights,
privileges and concessions which the Company may think it desirable to
obtain and to carry out,
execute and comply with any such contacts, arrangements, rights,
privilege and concessions.
13. To establish and maintain export houses to promote export trade
and participate in export
trade for the benefit of handicrafts, rural, small scale handloom,
khadi, textile, village and
cottage industries.
14 To undertake procurement and distribution of various raw materials,
whether imported or
indigenous allocated by the Government of India to the Department of
Industries, Goa
Administration or any other agency for supply to the handicrafts,
rural, small scale handloom,
khadi, textile, village and cottage industries
15 To manufacture, sell, buy, import, export, install and generally
deal in any plant and
machinery, substances, tools, materials, goods or things of any
description which in the
opinion of the Company may be conveniently dealt with by the Company
in connection with
handicrafts, rural, small scale handloom, khadi, textile, village and
cottage industries.
16 To aid, assist, initiate, promote, expedite and accelerate rapid
and orderly development of
handicrafts, rural, small scale handloom, khadi, textile, village and
cottage industries in the
XXXXXXXXXXXXXXXXXXXX.
16 (A) To carry on the business of leasing, lease Hire-Purchase
arrangements of all kinds of movable
and immovable properties, including plant machinery, equipments
Electrical, Mechanical,
Telecommunications, Computers, Office Equipments of all kinds,
Security Systems, Machinery
and other Fixed Assets, requirements of small Scale industries, public
address systems,
cinema equipment, motor vehicles of all kinds.
(B) The Incidental and ancillary objects
17 To enter into any partnership for sharing profits, amalgamation,
co-operation, joint ventures
reciprocal concessions or other wise with any firm or company, so as
to directly or indirectly
benefit this Company.
18 To purchase or otherwise acquire the whole or any part of business,
property, rights, assets
and liabilities of any firm or company suitable for any of the
purposes of this company.
19 To establish, provide, maintain and conduct or otherwise subsidize
research laboratories and
experimental workshops for scientific and technical research and
experiments and to
undertake and carry on all scientific and technical researchers,
experiments and tests of all
kinds and to promote studies and research, both scientific and
technical, investigation and
invention by providing subsidizing, endowing or assisting
laboratories, workshops, libraries,
lecturers, meetings and conferences and by providing the remuneration
of scientific or
technical professors or teachers and by providing for the award of
exhibitions, scholarships,
prizes, grants and bursaries to students or independent or otherwise
and generally to
encourage, promote and reward studies, researches, investigations,
experiment, tests and
invention of any kind that may be considered likely to assist any of
the businesses which the
Company is authorized to carry on.
20 To carry on all or any of the business of lithographers, printers,
publishers and stationers.
21 To issue, or guarantee the issue of, or the payment or interest on
the shares, debentures,
debenture stock, or other securities or obligations of any company or
association and to pay or
provide for brokerage, commission and underwriting in respect of any such issue.
22 To make, draw, accept, endorse, discount, execute, issue and
negotiate, cheques, bills of
exchange, promissory notes, debenture and other negotiable or
transferable instruments.
23 To borrow or raise or secure the payment of money in such other
manner as the Company
shall think fit and in particular by the issue of debentures,
debenture bonds, or debenture
stock, perpetual or otherwise, mortgage or any other securities
charged or based upon the
undertakings of the Company or any part of its property, both present
and future, including the
uncalled capital and the rights of the Company or without any such
security and upon such
terms as to terms as to priority or otherwise and generally to borrow
money in such manner
as the Company shall think fit
24 To receive grants, loans, advances or other moneys on deposit or
otherwise from the Central
Government or State Government, banks, Companies, Trusts or
individuals with or without
allowances of interest thereon, subject to the provisions of Sec.58A
of the Companies Act,
1956.
25 To carry on any other trade, whether manufacturing or othe4rwise,
which may seem to the
Company capable of being carried on in connection with any of the
Company’s objects or
calculated directly or indirectly to enhance the value of or render
profitable any of the
Company’s properties or rights.
26 To transact and carry out on all kinds of agency business.
27 To amalgamate with any Company or companies.
28 To guarantee the payment of money unsecured or secured by or
payable under or in
respect of promissory notes, bonds, debenture, debenture stock,
contracts, mortgages,
charges, obligations, instruments and securities of any company or of
any authority, supreme,
municipal, local or otherwise or of any person whomsoever, whether
incorporated or not
incorporated and generally to guarantee or become sureties for the
performance of any
contracts or obligations.
29 To appoint trustees(whether individual or Corporation) to hold
securities on behalf of and to
protect the interest of the Company.
30 To enter into contract for exhibition of posters and advertising
boards on and in the vehicles
and premises of the Company and also for advertisement on tickets and
other forms issued by
the Company to the public.
31 To take suitable steps to enable the Company to carry any of its
objects into effect or for
effecting any modifications of the Company’s constitution or any other
purpose which ay seem
expedient.
(C) Other Objects
32. To undertake, carry out, promote and sponsor rural development
including any programme of
promoting the social and economic welfare of, or the uplift of the
public in any rural areas and
to incur any expenditure on any programme or rural development and to
assist in the
execution and promotion thereof either directly or through an
independent agency or in any
other manner. Without prejudice to the generality of the foregoing
programme of rural
development shall also include any programme for promoting the social
and economic welfare
of,
or the uplift of the public in any rural area which the Directors
consider likely to promote and
assist rural development and words ‘ area’ shall include such areas as
may be regarded as
rural areas under Section 35 CC of the Income Tax, 1961, or any other
law for the time being
in force or as may be regarded by the Directors as rural areas. The
Directors may, at their
discretion in order to implement any of the above consideration or at
such fair or concessional
value as the Directors may think fit and divest the company of the
ownership of any of its
property to or in favour of any public or local body or authority of
Central or State Government
or any public institutions or trusts or funds as the Directors may approve.
33. To undertake, carry out, promote and sponsor or assist any
activity for the promotion and
growth of the national economy and for discharging what the Directors
may consider to be the
social and moral responsibilities of the Company to its workmen,
consumer sand the public or
any section of the public as also any activity which the Directors
consider likely to promote
national welfare, social, economic or moral uplift of the workmen,
consumers and the public or
any section of the public and in such manner and by such means as the
Directors may think fit
and the Directors, may without prejudice to the generality of the
foregoing, undertake, carry
out, promote and sponsor any activity for the publication of any
books, periodicals or
newspapers or for organizing lecturers or seminars likely to advance
these objects or for
giving merit awards, scholarships, loans or any other assistance to
deserving students or
other scholars or persons to enable them to prosecute their studies or
academic pursuits
or researches and for establishing, conducting or assisting any
institution, fund or trust
having any one of the aforesaid objects as one of its objects, by
giving donations, or otherwise
in any other manner and the Directors may, at their discretion in
order to implement any of the
above mentioned objects or purposes, transfer without consideration or
at such fair or
concessional value as the Directors may think fit and divest the
Company of the ownership of
any of its property to or in favour of any public or local body or
authority or Central or State
Government or any public institutions or trusts or funds as the
Directors may approve.
34. To do all or any of the above things and all such other things as
are incidental or may be
thought conducive to the attainment of the above objects or any of
them in India or elsewhere
in any other part of the world and as principal agents, contractors,
trustees or otherwise and
by or through trustees,
agents or otherwise either alone or in conjunction with others and so
that the word ‘Company’
in this Memorandum when applied otherwise than to this Company shall
be deemed to include
any authority, partnership, or other body or persons, whether
incorporated or not incorporated
and the intention is that the objects set forth in each of the several
paragraphs of this Clause
shall have the widest possible construction and shall be in no wise
limited or restricted by
reference or inference from the terms of any other paragraph of this
Clause or the name of the
Company.
35 To donate, present or otherwise dispose of either voluntarily with
or without consideration or
for value, any property of the Company deemed to be of national public
or local interest, to any
national trust, public body, museum, Corporation or authority or any
trustees for on behalf of
any of the same or of the public, subject to the provisions of
Companies Act, 1956.
36 To provide for the value of employees or ex-employees of the
Company and the wives and
families or the dependants or connections of such persons by building
or contributing to the
building of houses, dwellings or shawls or by grants of money,
pensions, allowances, bonus or
other payments or by creating and from time to time subscribing or
contributing to provident
and other associations, institutions, funds or trusts and by providing
or subscribing or
contributing towards place of instructions and recreation, hospitals
and dispensaries, medical
and other attendance and other assistance as the Company shall think fit.
37 To enter into negotiations with Indian and foreign companies and
other persons and acquire
by grant, purchase, lease, barter, licence or other terms of formulae,
process and other rights
and benefits and to obtain financial and/or technical collaboration,
technical information, know
how and expert advice.
38. To take over and acquire the industrial licence, import licence,
permit and other rights for
carrying on any industry or payment incurred therefore and
compensation for technical
services rendered in connection therewith and to acquire partnership
or individual and for that
purpose to enter into necessary agreements, deeds and arrangements.
39. To carry on any other manufacturing activity, trade or business
whatsoever which can, in the
opinion of the Company, be advantageously or conveniently carried on
by the Company by
way of extension of
or in connection with any such business as aforesaid or is calculated
directly or indirectly to
develop any branch of the Company’s business or to increase the value
of or branch of the
Company’s business or to increase the value of or to turn to account
any of the Company’s
assets, property or rights.
40 To aid pecuniarily or otherwise, any association, body or movement
having for an object the
solution, settlement or surmounting of industrial or labour problems
or troubles or the
promotion of industry or trade.
41 To appropriate, use or lay out land belong to the Company for
Streets, parts, pleasure
grounds, allotments and other conveniences and to present any such
land so laid out to the
public or to any persons or company conditionally or unconditionally
as the Company thinks
fit.
42 To subscribe or otherwise to assist, support, endow or to guarantee
money to charitable,
benevolent, religious, scientific, national or other institutions,
societies, clubs funds or objects,
which shall have any moral or other claim to support or aid by the
Company either by reason
of locality of operation or of public and general utility or otherwise
43 To distribute any of the properties or assets f the Company to its
members in specie or kind
44 Nothing in this paragraph shall authorize the Company to do any
business which may fall
within the purview of Banking Regulations Act, 1949 or the Insurance Act, 1938.
carried on in the
XXXXXXXXXXXXXXXXXXXX under the name and style of
‘Handicrafts Emporium’, particularly to market and sell handicrafts,
handloom, rural
and village industries’ products , presently managed by the Economic Development
Corporation of Goa, Daman and Diu Limited with all the assets and
liabilities of the
business and to carry on the same business with its original objects
and purposes and
to extend the same and for that purpose to acquire by purchase, lease
or otherwise
any land. buildings, machinery or other properties in the
XXXXXXXXXXXXXXXXXXXX or elsewhere as the Company may from time to time
determine
and to sell or dispose of the same.
2. To manufacture, sell the products of rural, cottage, handicrafts,
village industries and
handloom goods, sandalwood, ivory works, coir products, engravings, sculptures,
bronzes, enamels, jewellery, gems, coins medals and other works of art
and the like
hither to be carried on by the Handcrafts Emporium and to continue the
business for
the objects and reasons for which they were originally established.
3. To promote, develop, undertake, assist and maintain schemes, projects and
programmes including schemes for individuals, artisans and entrepreneurs for the
economic and social development or rural areas in the XXXXXXXXXXXXXXXXXXXX.
4 To undertake, promote, develop, assist, maintain schemes, projects
and programmes and to
aid, counsel, finance the small scale industries in the XXXXXXXXXXXXXXXXXXXX.
5 To promote, establish, execute, improve and undertake cottage
industries including village,
khadi and textile industries(hand spun and hand woven) and similar
other industries in the Union
Territory of Goa, Daman and Diu.
6 To organize, establish emporia, art galleries for the exhibition of
all types of products of
handicrafts, rural, small scale village, handloom, khadi, textile and
cottage industries.
7 To promote, aid, establish, execute, improve, finance identify and
undertake handicrafts, rural,
small scale village, handloom, textile, khadi and cottage industries
or projects(including
individuals, artisans and entrepreneurs) in the XXXXXXXXXXXXXXXXXXXX.
8 To encourage, procure and make available expert advice and guidance
including technical and
managerial services in the areas of handicrafts, rural, small scale
handloom, khadi, textile,
village and cottage industries and to undertake and provide all sorts
of marketing facilities
including export market for the products of handicrafts, rural, small
scale handloom, khadi,
textile, village and cottage industries.
9 To provide, assist, give training and expert advice in the areas of
the products of handicrafts,
rural, small scale handloom, khadi, textile, village and cottage
industries including technical
advice and to other awards, scholarships and prizes for the same.
10 To manufacture, procure, produce, store, distribute, market and
sell raw materials required for
handicrafts, rural, small scale handloom, khadi, textile, village and
cottage industries.
11 To appoint stockists, selling agents, distributors, commission
agents, salesman, for promoting
sales of handicrafts, rural small scale handloom, khadi, textile,
village and cottage industries
products.
12 To enter into any contracts or arrangements with any Government
including Central or State or
Authority, Municipalities, Local Boards or otherwise that may seem
conducive to the Company’s
objects or any of them and to obtain from any such Government or
Authority any rights,
privileges and concessions which the Company may think it desirable to
obtain and to carry out,
execute and comply with any such contacts, arrangements, rights,
privilege and concessions.
13. To establish and maintain export houses to promote export trade
and participate in export
trade for the benefit of handicrafts, rural, small scale handloom,
khadi, textile, village and
cottage industries.
14 To undertake procurement and distribution of various raw materials,
whether imported or
indigenous allocated by the Government of India to the Department of
Industries, Goa
Administration or any other agency for supply to the handicrafts,
rural, small scale handloom,
khadi, textile, village and cottage industries
15 To manufacture, sell, buy, import, export, install and generally
deal in any plant and
machinery, substances, tools, materials, goods or things of any
description which in the
opinion of the Company may be conveniently dealt with by the Company
in connection with
handicrafts, rural, small scale handloom, khadi, textile, village and
cottage industries.
16 To aid, assist, initiate, promote, expedite and accelerate rapid
and orderly development of
handicrafts, rural, small scale handloom, khadi, textile, village and
cottage industries in the
XXXXXXXXXXXXXXXXXXXX.
16 (A) To carry on the business of leasing, lease Hire-Purchase
arrangements of all kinds of movable
and immovable properties, including plant machinery, equipments
Electrical, Mechanical,
Telecommunications, Computers, Office Equipments of all kinds,
Security Systems, Machinery
and other Fixed Assets, requirements of small Scale industries, public
address systems,
cinema equipment, motor vehicles of all kinds.
(B) The Incidental and ancillary objects
17 To enter into any partnership for sharing profits, amalgamation,
co-operation, joint ventures
reciprocal concessions or other wise with any firm or company, so as
to directly or indirectly
benefit this Company.
18 To purchase or otherwise acquire the whole or any part of business,
property, rights, assets
and liabilities of any firm or company suitable for any of the
purposes of this company.
19 To establish, provide, maintain and conduct or otherwise subsidize
research laboratories and
experimental workshops for scientific and technical research and
experiments and to
undertake and carry on all scientific and technical researchers,
experiments and tests of all
kinds and to promote studies and research, both scientific and
technical, investigation and
invention by providing subsidizing, endowing or assisting
laboratories, workshops, libraries,
lecturers, meetings and conferences and by providing the remuneration
of scientific or
technical professors or teachers and by providing for the award of
exhibitions, scholarships,
prizes, grants and bursaries to students or independent or otherwise
and generally to
encourage, promote and reward studies, researches, investigations,
experiment, tests and
invention of any kind that may be considered likely to assist any of
the businesses which the
Company is authorized to carry on.
20 To carry on all or any of the business of lithographers, printers,
publishers and stationers.
21 To issue, or guarantee the issue of, or the payment or interest on
the shares, debentures,
debenture stock, or other securities or obligations of any company or
association and to pay or
provide for brokerage, commission and underwriting in respect of any such issue.
22 To make, draw, accept, endorse, discount, execute, issue and
negotiate, cheques, bills of
exchange, promissory notes, debenture and other negotiable or
transferable instruments.
23 To borrow or raise or secure the payment of money in such other
manner as the Company
shall think fit and in particular by the issue of debentures,
debenture bonds, or debenture
stock, perpetual or otherwise, mortgage or any other securities
charged or based upon the
undertakings of the Company or any part of its property, both present
and future, including the
uncalled capital and the rights of the Company or without any such
security and upon such
terms as to terms as to priority or otherwise and generally to borrow
money in such manner
as the Company shall think fit
24 To receive grants, loans, advances or other moneys on deposit or
otherwise from the Central
Government or State Government, banks, Companies, Trusts or
individuals with or without
allowances of interest thereon, subject to the provisions of Sec.58A
of the Companies Act,
1956.
25 To carry on any other trade, whether manufacturing or othe4rwise,
which may seem to the
Company capable of being carried on in connection with any of the
Company’s objects or
calculated directly or indirectly to enhance the value of or render
profitable any of the
Company’s properties or rights.
26 To transact and carry out on all kinds of agency business.
27 To amalgamate with any Company or companies.
28 To guarantee the payment of money unsecured or secured by or
payable under or in
respect of promissory notes, bonds, debenture, debenture stock,
contracts, mortgages,
charges, obligations, instruments and securities of any company or of
any authority, supreme,
municipal, local or otherwise or of any person whomsoever, whether
incorporated or not
incorporated and generally to guarantee or become sureties for the
performance of any
contracts or obligations.
29 To appoint trustees(whether individual or Corporation) to hold
securities on behalf of and to
protect the interest of the Company.
30 To enter into contract for exhibition of posters and advertising
boards on and in the vehicles
and premises of the Company and also for advertisement on tickets and
other forms issued by
the Company to the public.
31 To take suitable steps to enable the Company to carry any of its
objects into effect or for
effecting any modifications of the Company’s constitution or any other
purpose which ay seem
expedient.
(C) Other Objects
32. To undertake, carry out, promote and sponsor rural development
including any programme of
promoting the social and economic welfare of, or the uplift of the
public in any rural areas and
to incur any expenditure on any programme or rural development and to
assist in the
execution and promotion thereof either directly or through an
independent agency or in any
other manner. Without prejudice to the generality of the foregoing
programme of rural
development shall also include any programme for promoting the social
and economic welfare
of,
or the uplift of the public in any rural area which the Directors
consider likely to promote and
assist rural development and words ‘ area’ shall include such areas as
may be regarded as
rural areas under Section 35 CC of the Income Tax, 1961, or any other
law for the time being
in force or as may be regarded by the Directors as rural areas. The
Directors may, at their
discretion in order to implement any of the above consideration or at
such fair or concessional
value as the Directors may think fit and divest the company of the
ownership of any of its
property to or in favour of any public or local body or authority of
Central or State Government
or any public institutions or trusts or funds as the Directors may approve.
33. To undertake, carry out, promote and sponsor or assist any
activity for the promotion and
growth of the national economy and for discharging what the Directors
may consider to be the
social and moral responsibilities of the Company to its workmen,
consumer sand the public or
any section of the public as also any activity which the Directors
consider likely to promote
national welfare, social, economic or moral uplift of the workmen,
consumers and the public or
any section of the public and in such manner and by such means as the
Directors may think fit
and the Directors, may without prejudice to the generality of the
foregoing, undertake, carry
out, promote and sponsor any activity for the publication of any
books, periodicals or
newspapers or for organizing lecturers or seminars likely to advance
these objects or for
giving merit awards, scholarships, loans or any other assistance to
deserving students or
other scholars or persons to enable them to prosecute their studies or
academic pursuits
or researches and for establishing, conducting or assisting any
institution, fund or trust
having any one of the aforesaid objects as one of its objects, by
giving donations, or otherwise
in any other manner and the Directors may, at their discretion in
order to implement any of the
above mentioned objects or purposes, transfer without consideration or
at such fair or
concessional value as the Directors may think fit and divest the
Company of the ownership of
any of its property to or in favour of any public or local body or
authority or Central or State
Government or any public institutions or trusts or funds as the
Directors may approve.
34. To do all or any of the above things and all such other things as
are incidental or may be
thought conducive to the attainment of the above objects or any of
them in India or elsewhere
in any other part of the world and as principal agents, contractors,
trustees or otherwise and
by or through trustees,
agents or otherwise either alone or in conjunction with others and so
that the word ‘Company’
in this Memorandum when applied otherwise than to this Company shall
be deemed to include
any authority, partnership, or other body or persons, whether
incorporated or not incorporated
and the intention is that the objects set forth in each of the several
paragraphs of this Clause
shall have the widest possible construction and shall be in no wise
limited or restricted by
reference or inference from the terms of any other paragraph of this
Clause or the name of the
Company.
35 To donate, present or otherwise dispose of either voluntarily with
or without consideration or
for value, any property of the Company deemed to be of national public
or local interest, to any
national trust, public body, museum, Corporation or authority or any
trustees for on behalf of
any of the same or of the public, subject to the provisions of
Companies Act, 1956.
36 To provide for the value of employees or ex-employees of the
Company and the wives and
families or the dependants or connections of such persons by building
or contributing to the
building of houses, dwellings or shawls or by grants of money,
pensions, allowances, bonus or
other payments or by creating and from time to time subscribing or
contributing to provident
and other associations, institutions, funds or trusts and by providing
or subscribing or
contributing towards place of instructions and recreation, hospitals
and dispensaries, medical
and other attendance and other assistance as the Company shall think fit.
37 To enter into negotiations with Indian and foreign companies and
other persons and acquire
by grant, purchase, lease, barter, licence or other terms of formulae,
process and other rights
and benefits and to obtain financial and/or technical collaboration,
technical information, know
how and expert advice.
38. To take over and acquire the industrial licence, import licence,
permit and other rights for
carrying on any industry or payment incurred therefore and
compensation for technical
services rendered in connection therewith and to acquire partnership
or individual and for that
purpose to enter into necessary agreements, deeds and arrangements.
39. To carry on any other manufacturing activity, trade or business
whatsoever which can, in the
opinion of the Company, be advantageously or conveniently carried on
by the Company by
way of extension of
or in connection with any such business as aforesaid or is calculated
directly or indirectly to
develop any branch of the Company’s business or to increase the value
of or branch of the
Company’s business or to increase the value of or to turn to account
any of the Company’s
assets, property or rights.
40 To aid pecuniarily or otherwise, any association, body or movement
having for an object the
solution, settlement or surmounting of industrial or labour problems
or troubles or the
promotion of industry or trade.
41 To appropriate, use or lay out land belong to the Company for
Streets, parts, pleasure
grounds, allotments and other conveniences and to present any such
land so laid out to the
public or to any persons or company conditionally or unconditionally
as the Company thinks
fit.
42 To subscribe or otherwise to assist, support, endow or to guarantee
money to charitable,
benevolent, religious, scientific, national or other institutions,
societies, clubs funds or objects,
which shall have any moral or other claim to support or aid by the
Company either by reason
of locality of operation or of public and general utility or otherwise
43 To distribute any of the properties or assets f the Company to its
members in specie or kind
44 Nothing in this paragraph shall authorize the Company to do any
business which may fall
within the purview of Banking Regulations Act, 1949 or the Insurance Act, 1938.
On 4/2/12, sachin kumar <cssach...@gmail.com> wrote:
> Dear Friends
>
> can anyone provide me the Main Object of Handicraft Company. i am waiting
> your prompt reply, plz provide me.
>
>
> Thanks & Regards
> Sachin Pyare
>
> --
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>
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