Dear Friends,
Pls proviide me the main objects/MOA fora company who wants to deals in sale/purchase of commodity electonically(means in commodity market in commodity exchange.)
Pls reply
CA Sumit goyal (....) (66 Points)
05 October 2012Dear Friends,
Pls proviide me the main objects/MOA fora company who wants to deals in sale/purchase of commodity electonically(means in commodity market in commodity exchange.)
Pls reply
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 05 October 2012
Draft Main object:
Commodity Trading:
To carry on business of commodity trading by way of (including commodity derivatives) broking, trading and hedging and to act as brokers and traders in all commodities and commodity derivatives, and to act as market makers, finance brokers, underwriters, sub-underwriters, providers of service for commodity related activities buy, sell, take hold deal in, convert, modify, add value, transfer or otherwise dispose of commodities and commodity derivatives, and to carry on the business of commodity warehousing, processing and consumption.
Ganeshbabu K
(Audit and Tax Advisory)
(48564 Points)
Replied 05 October 2012
please find attached format,
MOA of MULTI COMMIDITY EXCHANGE OF INDIA LTD