The Company was incorporated on September 26 1994 to carry onbusiness of Leasing Hire Purchase Investment Banking and MoneyMarket Operation. The Company received the commencement ofbusiness certificates on October 17 1994.MAIN OBJECTS:1. To carry out the business as financer and guarantors and toundertake and carry out all such operations and transactionsexcept insurance and banking business within the meaning ofthese acts as may lawfully be undertaken and carried on and toreceive money on deposit or loan and borrow or raise money ondeposit or loan and borrow or raise money in such a manner asthe Company shall think fit.2. To carry on business of Hire Purchase/Leasing to IndustrialTrading Commercial and other establishement and Organisationand consumers for capital equipments accessories land andbuildingplant and machinery office equipments transport andcommercial vehicles consumer durable.Pursuant to Special Resolution passed under Section 149(2A) ofthe Act at EGM held on October 24 1994 the Company is to carryon the business specified in the Sub-clause 1 & 2 of Clause (c)regarding the other objects on Memorandum of Association of theCompany. 3. To carry on the business as Share & Stock Brokers DealersUnderwriters Market Makers in Stocks & Shares DebenturesBonds Foreign Exchange and other Mutual Funds and Securities ofall types that may be offered to Public or for Privatesubscription. 4. To act as financial consultants investment advisers and torender any kind of management technical and consultancyservices concerning foregoing matters.5. To carry on the business of Merchant Banking and aninvestment company in all its aspects and to act as Managers forthe issue of shares bonds debentures units and mutual funds andto provide factoring and syndication of loans protfoliomanagement activity and money changers.Pursuant to Special Resolution passed under Section 149(2A) ofthe Act at EGM held on November 3rd 1994 the Company is tocarry on the business specified in the Sub-clause 10 & 11 ofClause (c) regarding the other objects on Memorandum ofAssociation of the Company.SUBSIDIARY:The Company does not have any subsidiary company.
Name | Position |
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Mr. M K Tated | Director |
Mrs. Sajjan Kanwar Bafna | Director |
Mrs. R A Eswari | Director |