Renting and Company

THE COMPANIES ACT, 1956 (COMPANY LIMITED BY SHARES) MEMORANDUM OF ASSOCIATION OF K M RESIDENCY PRIVATE LIMITED I. The name of the Company is K M RESIDENCY PRIVATE LIMITED II. The Registered Office of the Company will be situated in the State of Rajasthan Ill. The objects for which the Company is established are:- (A) THE MAIN OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE: 1.To carry on the business as promoters, dealers, owners, investors, developers, agents, brokers of land, building, estates or any other structural or work of any kind whatsoever, whether rural, urban, residential, commercial or industrial and to acquire, purchase, take on lease or in exchange, hire or by any other means obtain ownership of and/or options over any freehold or other property of any tenure, state or interest or any rights, privileges or easements over or in respect of any property, land and building, to improve, alter, furnish, construct, promote, develop, finance or subsidize the same and to dispose of or maintain, assist in sale of the same, to build townships, buildings, residential, Colonies, factories, industries, warehouses, shops, cultural, sports or recreational commercialcomplexes, shopping malls including restaurants and hotels, markets or conveniences thereon or to equip the same or any part thereof with all or any amenities or conveniences, drainage, sanitation, facility, electricity, air-conditioning, internet, water, telephone and television installation and to deal with the same in any manner whatsoever, and to build, take on lease, and/or rent, purchase or acquire in any manner whatsoever any apartment, houses, flats, rooms, floors or other accommodation and to let or dispose of the on installment basis, hire purchase basis, deferred payment basis or by outright sale whether by private treaty or by public auction or in any other mode of disposition all or any integral part thereof. (B) THE OBJECTS INCIDENTAL OR ANCILLARY TO THE attainment of the m ain objects are: 1. To employ or enter into agreement with manger, engineers, accountants, mechanics masons, carpenters, cutters, welders, builders, repairers, painters, electricians, scaffold, sellers laborers and other persons for the objects of the company. 2. To purchase or otherwise acquire and undertake the whole or any part of the business property and assets, liabilities of persons or company carrying on any business similar to the main objects of the company and which the company is authorized to carry on. 3.To invest any surplus money not immediately required by the company in such investments other then shares or stock in this company as may be thought proper and to hold or sell such investments. 4. To purchase or otherwise acquire any patents, patent-rights, secret processes inventions concessions, licenses, right and privileges and the like, conferring and exclusive of non ­ exclusive or limited right to use, any secret or other information as to any invention which m ay seem capable to being used for any of the purposes of the company or the acquisition of which may seem calculated directly or indirectly to benefit the company and use, exercise, develop or grant, licenses, in respect of or otherwise tum to account the property, rights of information so acquired. 5.Subject to the Provision of Section 58 A of the Companies Act, 1956 and the rules framed there under the directions issued by the Reserve Bank of India from time to time as may be applicable to borrow or raise or secure the payment of the money in such manner as the Company may think fit and in particular by the issue of bonds, debentures or debenture ­ stock, perpetual or otherwise, whether constituting a charge upon all or any parts of the Company's property, both present and future, including its uncalled capital or without constituting a charge as aforesaid and to receive money on deposit, on interest or otherwise, and to lend, advance or deposit money, on interest or otherwise, without -I- THE COMPANIES ACT, 1956 (COMPANY LIMITED BY SHARES) MEMORANDUM OF ASSOCIATION OF K M RESIDENCY PRIVATE LIMITED I. The name of the Company is K M RESIDENCY PRIVATE LIMITED II. The Registered Office of the Company will be situated in the State of Rajasthan III. The objects for which the Company is established are:- (A) THE MAIN OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE: 1.To carry on the business as promoters, dealers, owners, investors, developers, agents, brokers of land, building, estates or any other structural or work of any kind whatsoever, whether rural, urban, residential, commercial or industrial and to acquire, purchase, take on lease or in exchange, hire or by any other means obtain ownership of and/or options over any freehold or other property of any tenure, state or interest or any rights, privileges or easements over or in respect of any property, land and building, to improve, alter, furnish, construct, promote, develop, finance or subsi dize the same and to dispose of or maintain, assist in sale of the same, to build townships, buildings, residential, Colonies, factories, industries, warehouses, shops, cultural, sports or recreational commercial complexes, shopping malls including restaurants and hotels, markets or conveniences thereon or to equip the same or any part thereof with all or any amenities or conveniences, drainage, sanitation, facility, electricity, air-conditioning, internet, water, telephone and television installation and to deal with the same in any manner whatsoever, and to build, take on lease, and/or rent, purchase or acquire in any manner whatsoever any apartment, houses, flats, rooms, floors or other accommodation and to let or dispose of the on installment basis, hire purchase basis, deferred payment basis or by outright sale whether by private treaty or by public auction or in any other mode of disposition all or any integral part thereof. (B) THE OBJECTS INCIDENTAL OR ANCILLARY TO THE attai nment of the main objects are: 1. To employ or enter into agreement with manger, engineers, accountants, mechanics masons, carpenters, cutters, welders, builders, repairers, painters, electricians, scaffold, sellers laborers and other persons for the objects of the company. 2. To purchase or otherwise acquire and undertake the whole or any part of the business property and assets, liabilities of persons or company carrying on any business similar to the main objects of the company and which the company is authorized to carry on. 3.To invest any surplus money not immediately required by the company in such investments other then shares or stock in this company as may be thought proper and to hold or sell such investments. 4. To purchase or otherwise acquire any patents, patent-rights, secret processes inventions concessions, licenses, right and privileges and the like, conferring and exclusive of non- exclusive or limited right to use, any secret or other information as to any invent ion which may seem capable to being used for any of the purposes of the company or the acquisition of which may seem calculated directly or indirectly to benefit the company and use, exercise, develop or grant, licenses, in respect of or otherwise turn to account the property, rights of information so acquired. 5.Subject to the Provision of Section 58 A of the Companies Act, 1956 and the rules framed there under the directions issued by the Reserve Bank of India from time to time as may be applicable to borrow or raise or secure the payment of the money in such manner as the Company may think fit and in particular by the issue of bonds, debentures or debenture- stock, perpetual or otherwise, whether constituting a charge upon all or any parts of the Company's property, both present and future, including its uncalled capital or without constituting a charge as aforesaid and to receive money on deposit, on interest or otherwise, and to lend, advance or deposit money, on interest or ot herwise, without security, to companies, firms or persons on such terms as may seem expedient, and in that the Company shall not carry on the business of banking as defined in the Banking Regulations Act, 1949. 6.To guarantee the payment of money secured by or payable under or in respect of bonds, debentures, debenture-stock, contracts, mortgages, charges, obligations and other securities of any company or of any authority whether Central, State, Municipal, Local or otherwise, or of any person whosoever, whether incorporated or not incorporated. 7. To enter into partnership or into any arrangement for sharing the profits or joint adventure with any person, firm or company carrying on or about to carry on any business capable of being conducted so as to directly or indirectly this Company and to acquire or join in the acquiring of any such business. 8.To sell or dispose of the undertaking of the Company or any part thereof for such consideration as the Company may think fit and in pa rticulars for shares, fully or partly paid, debentures, debenture-stock (redeemable or perpetual) or securities of any other company having objects altogether or in part similar to those of this Company, and to distribute any such shares, debentures, debenture-stock or securities, amongst the members of this Company, either by way of dividends or upon any return of capital, subject to the provisions of the law in force. 9. To allot shares in this Company to be considered as fully or partly paid up on payment of any property of whatever description which the Company may acquire. 10. To sell, improve, manage, work, develop, lease, mortgage, charge, hypothecate, deposit by way of loan or otherwise dispose of, turn to account or otherwise deal with all or any part of the property of the Company whenever or however acquired. 11. To procure the Company to be recognized or registered in any foreign place of country. 12.To merge, reconstruct amalgamate with or without winding up with any co mpany or companies having objects altogether or in part, similar to those of the present Company. 13. To promote any company or companies for the purpose of acquiring all or any of the property or liabilities of this Company or for any other purpose which may seem directly or indirectly calculated to benefit this Company and to underwrite, subscribe for, or otherwise acquire all or any part of the shares or securities of any such company as aforesaid. 14. To enter into arrangement with any authorities whether Central, State, Municipal, Local or otherwise that may seem conducive to the Company’s objects or any one of them, and to acquire by grant, purchase or otherwise from any such authority any rights, grants, rivileges and concessions of property or otherwise which the Company may think it desirable to obtain and to carry out, exercise and comply with any such arrangements, privileges and concessions. 15. To obtain or assist in obtaining any provisional or other order or li cense or any Act to Parliament or Law, Order or Charter of any Legislature of Government, for enabling the Company to carry any of its objects into effect. 16. To draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange, bills of lading, warrants, orders, debentures and other negotiable or transferable instruments, and in that the Company shall not carry on the business of banking as defined in the Banking Regulation Act, 1949. 17.To grant pensions, allowances, gratuities and bonus to the employees or ex-employees of the Company or the dependents of such persons, and to establish and support or to aid in the establishment and support of associations, institutions, funds, trusts and convenience (except associations or institutions formed for the purposes of Life Insurance)calculated to benefit employees or ex-employees of the Company or its predecessors in business or the relatives, dependents of such persons and to subscribe or guarantee money to and for charitable or benevolent objects or for any exhibition or for any public, general or useful objects. 18. To remunerate the servants of the Company and others out of and in proportion to the profits of the Company, or otherwise, as the Company may think fit. 19. To remunerate any person or Company for service rendered about the formation or promotion of the Company or the conduct of its business. 20. To pay out of the funds of the Company all costs, charges, and expenses preliminary and incidental to the promotion, formation, establishment and registration of the Company. 21.To take into consideration and to approve and confirm all acts, deeds or things that may be done or entered into with any person, firm or body corporate by the promoters of the Company and further to enter into any arrangement, agreement or contract with the promoters and/or to reimburse them in or in connection with the formation or promotion of the Company. 22. To adopt such means of making known to the public, the business of the Company as may seem expedient and in particulars by advertising in the press, by circulars and by publications of books and periodicals 23. In the event of winding up of the Company to distribute any of the property of the Company in specie amongst the members but to distribution amounting to a reduction in Capital be made, without obtaining the sanction of the relevant authority as may be required under the law for the time being in force. 24.To place, to reserve or to Issue bonus shares among distribute as dividends or bonus among the members or otherwise to apply, as the Company may form time to time think fit, any moneys received by way of premium on shares or debentures issued at a premium by the Company and moneys arising from the sale by the Company of forfeited shares, subject, however, to the provisions of the law for the time being in force. 25. To communicate with and /or give aid-pecuniary or otherwise, to any association body or movement hav ing for its objects and solution, settlement of surmounting of industrial or labour problems for the promotion of industry or trade. 26.Subject to section 293A of the Companies Act, 1956 to subscribe in or donate to or guarantee money for any national philanthropic, charitable, benevolent, public general or useful object to any person, fund or organization, association or institution or for any purpose which may be likely directly or indirectly to further the objects of the Company or interest of its members. 27. To subscribe to, become a member of subsidiary and cooperate with any other association, whether incorporated or not, whose objects are altogether or in part similar to those of the Company and to procure from and communicate to any such association, such information as may be likely to further the objects of the company. 28.To acquire by purchase, lease, concession, grant, license or otherwise, such lands, buildings, minerals, waterworks, plants, machinery, stock-in-trade, stores, rights, privileges, easements and other property, as may from time to time be deemed necessary for carrying on the business of the Company, and build or erect upon any land of the Company howsoever acquired such manufactories, workshops, warehouses, offices, residence and other buildings and to erect such machinery and construct such roads, ways, tramways, railway branches or sidings, bridges, reservoirs, watercourses, hydraulic works. 29. To acquire form any person, firm or body corporate or unincorporated, whether in India or elsewhere, technical information, know-how, processes, engineering, manufacturing and operating date, plans, layout and blue-prints, useful for the design, erection and operation of plant required for the business of the Company and to acquire any grant or license and other rights and benefits in the foregoing matters and things. 30.To insure with any other company, firm or persons against losses, damages and risk all kinds which may effect the Compa ny, provided that nothing herein contained shall empower the Company to carry on the business of life assurance, accident assurance, fire assurance, employees, liability assurances, industrial assurance, motor assurance or any business of insurance or reinsurance within the meaning of the Insurance Act. 1983 or any Act amending, extending or re-enacting the same. 31. To create any depreciation fund, reserve fund, insurance fund, or any other special fund whether for depreciation or repairs, replacement, improvement, extension or maintenance of any of the properties of the Company or by way of Development Rebate Reserve, or for redemption of debentures or redeemable preference shares or for any other purpose conducive to the interest of the Company. 32.To carry on the other business in any part of the world whether manufacturing or otherwise that may seem to the Company capable of being conveniently carried on in connection with the above objects or calculated directly or indirectly to enhance the value of or render profitable any of the Company's property or rights or which it may be advisable to undertake with a view to improving, developing, rendering, valuable or turning to account any property, real or personal, belonging to the Company or in which the Company may be interested and 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, subcontractors trustees or otherwise. (C) OTHER OBJECTS 1. To Purchase, take on lease or otherwise acquire any mines or quarries, mining rights, land, contracts, works and premises believed to contain various types of marble, granite, sand and lime stone, silica sand and to work, establish, explore, develop, exercise, process treat or deal in the aterial including by-products of mining and to establish factory for processing, finishing treating or conversion of the same into industrial and saleable material. 2. To act as financial, investment and management consultants, agents, brokers, Sub-brokers and representatives and to sell and advice about various schemes of investment small savings and banking services and for this purpose to apply approach acquire, hold and procure such rights title, entitlements, registrations, Licenses and permission from Government, Semi Government, Financial Institution, Companies, mutual funds, local authorities, public bodies, undertakings, banking companies, Reserve Bank of India and from other authorities as may be necessary and expedient. 3.To carry on business of electrical engineers, electricians, engineers, contractors, manufacturer, suppliers, importer, exporter, assembler, repairer, converter and dealer in all type of all electrical appliance, components, devices, disconnectors, transmission line, conductors, hardware, accessories, switchgears, clamps, connectors, distribution, and power transformers, instruments transformers, control p anels, structural and general fabrication, isolating switches, dropout fuses, stay assemblies, cables wirelines, dry cells, accumulators and all other electrical goods and their allied product required or capable of being used in connection with the generation, transmission, distribution, supply accumulation and employment of electricity including high tention lines and extra high voltage field. 4. To carry on the business of garage keepers and suppliers of and dealers in petrol, electricity and other motive power for motor and other things. 5.To carry on the business of manufacturing, marketing, buying, selling, importing, exporting and to function as stockiest, suppliers, distributors, storers, warehousers, C ; F Agents and consignee agents of all kinds of pharmaceuticals, medical, chemical preparations, and compounds, medicines, herbal products, drugs and formulations, surgical and scientific equipment, appliances and accessories of all kinds and description. 6. To manufacture pu rchase or otherwise acquire and sell, dispose of, import, export exchange, hold and deal in diamonds, gems and stone (including kharad) whether precious or semi-precious, synthetic or imitation, bullion, ornament, jewellery consisting wholly or partly of gems and stones, precious metals and articles made therefrom, pearls, whether real or cultured, historical coins, handicraft goods, paintings, Sandalwood goods cutlery, blue Pottery and chinaware, costume curious articles and antiques. 7.To carry on the business of importers, exporters, buyers, sellers, stockiest, suppliers distributors, dealers, hirers, repairers, cleaners, storers and warehouser of automobiles, motor cars, lorries and vans, motor – cycles, cycle-cars, motors, scooters, carriages, amphibious vehicles and vehicles suitable for propulsion on land, sea or in the air or in any combination thereof and vehicles of all descriptions (all hereinafter comprised in the term â€Å"motors and other things†), wheth er propelled or assisted by means of petrol spirit, steam, gas, electrical, animal or other power, and of engines, chassis, bodies and other components, parts and accessories and all machinery, implements, utensils appliances, apparatuses, lubricants, solution, enamels and all things capable of being used for, in or in connection with manufacture maintenance and working of motors and other things or in the construction of any track or surface adopted for the use thereof. 8.To carry on the business of purchasing, selling whether on payment of full amount on or installment basis, exchanging, planning, managing, running, improving, developing, protecting, maintaining, controlling, supervising, disposing off, reclaiming letting or getting on hire, lease contract or otherwise dealing in agriculture farms, forests, gardens, forest products, nursery, pastures, crops, trees, leaves, orchards, estates, fields, plantations, farm houses, wasteland, barren land, arid lands, live stock and plann ing managing, running improving, developing, maintaining, protecting, controlling, supervising, reclaiming, letting or getting on lease, hire, contract or otherwise dealing in deserts, water resources, ponds, lakes, rivers, dams, cacals, wells, natural resources, environment and any other properties or any rights, privileges or easements therein whether belonging to company or not or whether for others or on own account and to carry on technical researches, experiments, development, tests, inventions and provide consultancy services in agriculture, animal husbandry, pollution control and forest environment and land development. 9. To carry on business as Custom House Agents, Custom Clearing Agents, Freight contractors, Shipping Agents, Clearing and forwarding agents, Licensing Agents, Air Freight Agents, Post and Insurance Agents and all kind of agencies business and general brokers. 10. To carry on the business of booking cargoes and luggage of the public in general and of companys constituents in particular with every type of carrier, in particular with air lines, steamship lines, railway and road carriers. 11.To carry on the business of buying, selling, importing, exporting, trading or otherwise deal in consumer products merchandise, provisions, food stuff and commodities of all kinds and description requisite for personal, household and industrial use and consumption, either finished, semi finished or raw material, including at footwears, decorative items, gift items, utility items, utencils, garments, pieces of arts, antiques, handicrafts machinery, equipments, electronic items, toys, capital goods or any other item and to act as an import and export house and to perform all the functions and undertake all activities connected therewith including obtaining and dealing in licenses, quotas, certificate and other rights. 12. To carry on business of designing, processing, manufacturing of all kinds of engineering and electronic items. 13.To carry on the busin ess of manufacturing, processing, manipulating crushing, importing, exporting, buying, selling or otherwise dealing in fertilizers, pesticides, insecticides and other allied products. 14. To carry on the business of manufacturers and suppliers, erectors or fabricators or otherwise dealers in all kinds of plant, machinery and equipments, stores, tools, gadgets, wire drawers, tubes, boilers and other mechanical and electrical and electronic products, devices, contraptions, instruments, spares and components and to procure agencies for the same and to develop, acquire supply plans, drawings, estimates, project-reports and know- how for industries, business, Companies, services and public bodies and Government. 15.To purchase, acquire, take on lease, sub-lease or License or exchange, hire, construct, manage, control or otherwise carry on the business of cinema hall, theatres, studio, picture places, multiplex theatres, or for purpose of exhibition of films, dramatic or theatrical perfor mances, concerts or other entitlements or amusements and to provide for the production, direction exhibition, representation, displays, whether by mechanicals means or otherwise and to carry on the business of films, talkies, exhibitors, producers distributors and directors of films and any activities relating to stage performance. 16. To manufacture assemble, fit, repair, convert, overhaul after maintain and mprove all types of electronic components, devices, equipments and appliances equipments such as television and wireless apparatus including radio receivers and transmitters, tap recorders broadcast relay and receition equipments phonographs and other equipments used an in or for audio and visual communications apparatus and equipments including those using electromagnetic waves intended for radio-telegraphic or radio-telephonic communication photocopiers electric lighting controls, continuos fan/motor speed controls continuous flashers and fire alarm systems, digital and other electronic clock time relay punch card machines electromechanical pneumatic controls computers and automatic calculators X – rays machines tubes surgical medical and other appliances intended for slectro and other therapy treatment and in all types of tapes magnetic and otherwise photographic films projectors and carriers and capicitors resistance condensors semi-condensors transistors recifiers integrated and hybrid circults relays potentiometer connectors printed circuits coils chocks transformers switches volume controls plugs sockers aerial gears diodes and allied items intended for used in electronic device and in air conditioners automobiles refrigators washing machine heaters and cooking renges and other types of domestic appliances and any type of equipments used in the generation transmission and receiving of sound light and electrical impulses and component parts thereof and other materials used in or in connection with electronic and electrical industries 17.To ca rry on the business of farming, horticulture, floriculture, sericulture, tissuculture, green houses, red houses, drips irrigation, sericulture, dairies, cultivation of all kinds of food grains, seeds oil-seeds, fruits, flowers, hohoba, proprietors of orachards and traders, importers, exports, sellers, buyers and dealers in aof products farming horticulture, floriculture, sericulture and fishing and to carry on the business of growers manufacturers, traders grinders, rollers, processors, storers, cold canneres and preservers and dealers of poultry products fodder, fruits, dehydrated, canned or converted agricultural products provisions, food, vegetable herbs flowers and to extract by-products and derivatives whether edible, pharmaceutical, medicinal, or of any kind of nature whether and food preparation of every kind and description and to carry on the business of tissue cultural laboratories, production of plant manufacturing of agro products and extraction of oils floriculture acti vities and providing consultancy for the above referred objects, whether in India or elsewhere. 18.To purchases take on lease, hire, erect, construct, build, alter, equip, maintain or otherwise acquire, establish, run, manage, administer own and to carry on the business of running, Hotels, Motels, Resorts, Inns, holiday homes, guest houses, refreshment rooms and lodging apartments, housekeepers, night clubs, casinos, discotheques musement and entertainment parks, swimming pools, health clubs, dressing rooms, library play ground, licensed victualers, wine, beer and spirit merchants, dealers, and manufacture of aerated and artificial water and other in India or in any part of the world and to act as agents of any hotel and to perform all and singular the several duties, services which any hotel company usually do and perform. IV. The liability of the members is limited. V. The authorised capital of the Company is RS. 1,00,000/- (Rupees One lakhs) divided into 10,000 ( Ten thousand Equ ity Shares of Rs. 10/- (Rupees. Ten) each. We, the several persons whose names and addresses are subscribed, are desirous of being formed into Company in pursuance of this Memorandum of Association, and we respectively agree to take the number of shares in the capital of the Company set opposite our respective names: – Sl. No. | Signatures, Names, Description, Addresses and Occupations of the Subscribers| No. f Equity Shares taken by each Subscribers| Signatures, Names, Addresses Description and Occupations of Witness| 1. 2. 3| Sd/- PRABHA CHAND CHANDWAR PRABHA CHAND CHANDWARD-32, PRADHAN PATH, CHOMU HOUSE,C-SCHEME, JAIPUR BUSINESSSd/- AMIT CHANDWAR AMIT CHANDWARF-65, SUBHASH MARG, C-SCHEME,JAIPUR BUSINESSSd/- ANUJ JAIN ANUJ JAIN BAZAR NO 1,CHANDWAR HOUSE, RAMGANJ MANDI, KOTABUSINESS| 3400 (Three Thousand four hundred)3300 (Three Thousand three hundred)3300( Three thousand three hundred| I Witness the signature of both subscribersSd/- Vijay K. Jain(VIJAY K. JAIN)S/o Shri Amar Chand JainB. Khosla ; Co; M I Road, JaipurM No. 70758| | | 10000 ( Ten thousand)| | Place: JAIPUR Date: 12th day of September, 2012