Moa of nbfc or share/stock broking company

This query is : Resolved

Pradeep Gupta (Querist)
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20 March 2012 Please some provide me a copy of "Object Clause" written in MOA of a NBFC or SHARE/STOCK Broking Type Company.

Please Support.

Rasesh

Rasesh (Expert)
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21 March 2012 1. To carry on the business of investment company and to finance, make
investment in, acquire, hold, buy, sell, pledge, mortgage, dispose off, trade
and deal in shares, stocks, debentures, debenture stocks, bonds, obligations
and securities of all kinds of any body corporate, corporations or of any
Government or public authority, municipal or local or other interest in any
other company including movables and immovables of any kind whether in
India or abroad.

2. To carry on the business of general finance, guarantees, housing finance,
factoring and/or purchasing receivables, bills of acceptance and discounting,
credit cards, venture capital, safe deposit vaults, money changers, financial
and commercial agents, capitalists, investment trusts and in general financiers
of industry, trade, commerce agriculture.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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22 March 2012 Pradeep be kind enough and share some revenue generated by you in the process of preparation of MA & AA of NBFC with Rasesh as he has given you the ready made object clause. While drafting the word company after the investment should be deleted and it should be investment, money lending and to finance.

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