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Abc Private Limited: Memorandum of Association OF

The document is the Memorandum of Association of ABC Private Limited. It outlines the following key details: 1. The name of the company is ABC Private Limited and its registered office will be located in Delhi. 2. The main objects of the company are to operate an online art and crafts shopping portal, market and sell works of art, operate art galleries, and organize art exhibitions and events. 3. Matters related to furthering the main objects include acquiring machinery, entering agreements, conducting research, acquiring property, and collaborating with governments and other entities.

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Aijaz Khaja
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546 views2 pages

Abc Private Limited: Memorandum of Association OF

The document is the Memorandum of Association of ABC Private Limited. It outlines the following key details: 1. The name of the company is ABC Private Limited and its registered office will be located in Delhi. 2. The main objects of the company are to operate an online art and crafts shopping portal, market and sell works of art, operate art galleries, and organize art exhibitions and events. 3. Matters related to furthering the main objects include acquiring machinery, entering agreements, conducting research, acquiring property, and collaborating with governments and other entities.

Uploaded by

Aijaz Khaja
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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(THE COMPANIES ACT, 2013)

(COMPANY LIMITED BY SHARES)


MEMORANDUM OF ASSOCIATION
OF
ABC PRIVATE LIMITED
I. The Name of the Company is:- ABC PRIVATE LIMITED.
II. The Registered Office of the Company will be situated in the National Capital
Territory of Delhi.
III. (A) THE OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE:—

1. To carry on the business of running an online shopping portal for art and crafts item.
To organize art exhibitions and sell sculptures, paintings, artifacts and related
items through e-commerce or otherwise in India and abroad.
2. To carry on in India and abroad the business of marketing of works of art and
craft, sculptures, paintings and other products related to art and craft including
handicrafts, artifacts and similar items. To own, create and manage online
shopping e-commerce websites, portals, mobile applications and to create a
virtual shopping mall with online catalogue and to provide a convenient
shopping experience to its customers.
3. To develop, own, manage and run art galleries for exhibition of art and deal in
sculptures, paintings, art products, artifacts, sculpture, decorative arts,
furniture, textiles, costume, drawings, pastels, watercolors, collages, prints,
artist books, photographs, installation art and similar articles.
4. To organize, aid, counsel, assist and promote all types of fairs, exhibitions
including sculpture exhibitions, painting exhibitions, performance arts, musical
shows, poetry recital, trade exhibitions, events, celebrity shows, charitable
shows, fund raising events, rural shows, premiers, laser shows and all other
connected promotional activities in India and abroad.

5. To carry on the business of casting, forging, fabricating, sheeting, stamping,


pressing, extruding, drawing, flattening, molding, straightening, heat
treatment of all kinds of ferrous and non-ferrous materials, metals and alloys
specially for the purpose of manufacturing, decorating, improvising and
crafting sculptures, artifacts, decorative items and similar other products.

(B) MATTERS WHICH ARE NECESSARY FOR FURTHERANCE OF THE OBJECTS


SPECIFIED IN CLAUSE III(A) ARE:—

1. To buy all kinds of plant, equipment, machinery, apparatus, tools, utensils,


commodities, substances, articles and things necessary or useful for carrying on
the objects of the Company.
2. To enter into agreement with any company or persons for obtaining by grant of
license or on such other terms of all types, formulae and such other rights and
benefits, technical information, know-how and expert guidance and equipment and
machinery and things mentioned herein above and to arrange facilities for training
of technical personnel by them.
3. To establish, provide, maintain and conduct or otherwise, subsidies research
laboratories and experimental workshops for scientific and technical research and
experiments and to undertake and carry on with all scientific and technical
research, 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, lectures, meetings and
conferences and by providing the remuneration to scientific and technical
professors and teachers and to award, scholarships, prizes, grants and bursaries to
students and to encourage, promote and reward studies, researches,
investigations, experiments, tests and inventions of any kind that may be
considered likely to assist the objects of the Company.
4. To acquire by concession, grant, purchase, license or otherwise either absolutely or
conditionally and either alone or jointly with others land, buildings, machinery, plants,
utensils, works, conveniences and such other movable and immovable properties of any
description and any patents, trademarks, concessions, privileges, brevets, invention,
licenses, protections and concessions conferring any exclusive or limited rights to any
inventions, information which may seem necessary for any of the objects of the Company
and to construct, maintain and alter any building or work, necessary or convenient for the
business of the Company and to pay for such land, buildings, works, property or rights or
any such other property and rights purchased or acquired by or for the Company by shares,
debentures, debenture stock, bonds or such other securities of the Company or otherwise
and manage, develop or otherwise dispose of in such manner and for such consideration as
may be deemed proper or expedient to attain the main objects of the Company.
5. Subject to the provisions of the Companies Act, 2013 to amalgamate with any other
Company having objects altogether or in part similar to those of this Company.
6. To enter into any arrangement with any Government or Authorities Municipal, local
or otherwise or any person or company in India or abroad, that may seem
conducive to the objects of the company or any of them and to obtain from any
such Government, Authority persons or company any rights, privileges, charters,
contracts, licenses and concessions including in particular rights in respect of
waterways, roads and highways, which the Company may carry out, exercise and
comply therewith.
7. To apply for and obtain any order of Central/State or such other Authority for
enabling the Company to carry on any of its objects into effect or for effecting any
modifications of the Company’s constitution or any other such purpose, which may
seem expedient and to make representations against any proceedings or
applications which may seem calculated directly or indirectly to prejudice the
company’s interests.

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