* Table applicable to company as notified under schedule I of the companies Act, 2013 < A >
Table A– MEMORANDUM OF ASSOCIATION OF A COMPANY LIMITED BY SHARES
- The Name of the Company is <NAME OF COMPANY>
- The Registered office of the company will be situated in the state of <NAME OF THE STATE>
- (a) The objects to be pursued by the company on its incorporation are
|1) To manufacture, sell, carry on the business and deal in all kinds of auto parts, accessories and component parts thereof.
2) To manufacture, sell, carry on the business and deal in general machines and component parts thereof.
3) To carry on the business of automobile workshops, undertake, carry out repair and service in all kinds of auto parts, accessories and component thereof.
*FILL THE MAIN OBJECTS TO BE PURSURED BY THE COMPANY*
- (b)Matters which are necessary for furtherance of the objects specified in clause 3(a)
|1) To develop, acquire, import and render maintainance service, know-how, technology, consultancy and training in connection with main objects.
2) To establish and maintain offices and/or agencies at any place or places in India or other parts of the world for the conduct of the business of the company or the purchase and sale of goods, merchandise, materials, articles and things required for or dealt in or service provided or manufactured by or at the disposal of the company in connection with the objects of the company.
3) To employ or to depute personnel or otherwise acquire technical experts, engineers, foremen or skilled and unskilled labour for any of the purposes of main objects of the company.
4) To develop, establish and maintain and aid in the development, establishment and maintenance of infrastructure for attainment of main objects of the company.
5) To sell, purchase, import, export, take or let on hire or lease, repair, alter, improve and deal in computers services, networking services, security surveillance for attainment of main objects.
6) To purchase, take on lease, or in exchange, hire or otherwise acquire any estates, land or lands, in India, or elsewhere, and any rights, privileges, and easements and concessions and factories machinery, implements, tools, live and dead stock, stores effects and other property, real or personal, immovable or movable of any kind which may be required for attaining the main objects.
7) To acquire, construct, carry out, equip, maintain, alter, improve, develop, manage, work, control and superintend any networking, wireless or wired and other works and convenience which may seem directly or indirectly conducive to any of the objects of the Company and to contribute to, subsidies or otherwise aid by taking part in any such operations.
8) To do all or any of the above things either as principals, agents, trustees, contractors or otherwise and either alone or in conjunction with others and either by or through agents, sub-contractors, trustees or otherwise and to do all such things as are incidental or conducive to the attainment of the above objects.
9) To give any guarantee or provide any security in connection with any loan made by any other persons, firm or body corporate to any other person, firm, or body corporate or for any purpose whatsoever and on any terms whatsoever in connection with the main object of the company.
10) To open and operate current, overdraft, loan, cash credit deposit account or accounts with any bank, company firm, or person and close any such accounts.
*FILL THE MATTERS IN RELATION TO THE MAIN OBJECT CLAUSE OF THE COMPANY*
PLEASE NOTE: Object Clause of the company varies depending on the object of company. Above mentioned object clause is a sample to help you in drafting your company’s object clause.
- The liability of the member(s) is limited and this liability to the amount unpaid, if any, on the shares held by them
- The share capital of the company is <amount of share capital> rupees, divided into,
|<Amount of Share Capital>
|<Type of Shares>
|<Price of per share>
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