0% found this document useful (0 votes)
63 views

Dronation MoA

The document contains the memorandum of association for a company limited by shares called DRONATION LABS PRIVATE LIMITED. It outlines the company's objectives, which include providing business intelligence through aerial imagery analysis software and offering IT consultancy and services. It also lists various matters necessary for furthering the company's objectives, such as purchasing property, entering partnerships, and applying for licenses/concessions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
63 views

Dronation MoA

The document contains the memorandum of association for a company limited by shares called DRONATION LABS PRIVATE LIMITED. It outlines the company's objectives, which include providing business intelligence through aerial imagery analysis software and offering IT consultancy and services. It also lists various matters necessary for furthering the company's objectives, such as purchasing property, entering partnerships, and applying for licenses/concessions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

[Pursuant to Schedule I (see Sections 4 and 5) to

the Companies Act, 2013)] FORM NO. INC-33


SPIC e MOA
(e-Memorandum of Association)

MOA language: English Hindi

SRN of form INC-1 Pre-fill

* Table applicable to company as notified under schedule I of the companies Act, 2013 A

Table A- MEMORANDUM OF ASSOCIATION OF A COMPANY LIMITED BY SHARES

1. The Name of the Company is DRONATION LABS PRIVATE LIMITED

2.The Registered office of the company will be situated in the state of Delhi-DL

3.(a)The objects to be pursued by the company on its incorporation are

1. To provide business intelligence by analyzing the aerial imagery data through a software which helps our clients to take better decisions
who operate in sectors such as Real estate, Construction, Oil and Gas, Wind and Solar farms and Agriculture.

2. To offer consultancy, advisory and all related services in all areas of information technology including computer hardware and software,
data communication, telecommunications, manufacturing and process control and automation, artificial intelligence, natural language
processing and to undertake research and development, promote excellence and leadership and computer science, modern mathematics,
vedic methodology.

3. To carry on the business as software developers, wallet software developers and to provide web services, payment gateways and other
kinds of software.

4. To carry on the business of traders, developers, assemblers, repairs, importers, exporters of software packages, computer systems,
computer parts, computer consumables and electronic communication systems, data publishing and processing systems and other
industrial automation systems and gadgets.
3.(b)Matters which are necessary for furtherance of the objects specified in clause 3(a) are

1. To purchase, exchange or otherwise any movable or immovable property and any rights or privileges which the Company may deem
necessary or convenient for the purpose of its main business.
2. To enter into partnership or into any arrangement for sharing profits, union of interest, joint venture, reciprocal concession or co-
operation with persons or companies carrying on or engaged in the main business or transaction of this Company.

3. To import, buy, exchange, alter, improve and manipulate in all kinds of plants, machinery, apparatus, tools and things necessary or
convenient for carrying on the main business of the Company.
4. To vest any movable or immovable property, rights or interests required by or received or belonging to the Company in any person or
company on behalf of or for the benefit of the Company and with or without any declared trust in favour of the Company.

5. To purchase, build, carry out, equip, maintain, alter, improve, develop, manage, work, control and superintend any plants, warehouse,
sheds, offices, shops, stores, buildings, machinery, apparatus, labour lines, and houses, warehouses, and such other works and
conveniences necessary for carrying on the main business of the Company.
6. To undertake or promote scientific research relating to the main business or class of business of the Company.

7. To takeover the whole or any part of the business, goodwill, trade-marks properties and liabilities of any person or persons, firm,
companies or undertakings either existing or new, engaged in or carrying on or proposing to carry on business this Company is authorised
to carry on, possession of any property or rights suitable for the purpose of the Company and to pay for the same either in cash or in
shares or partly in cash and partly in shares or otherwise.
8. To negotiate and enter into agreements and contracts with Indian and foreign individuals, companies, corporations and such other
organizations for technical, or any other such assistance for carrying out all or any the main objects of the Company or for the purpose of

Page 1 of 4
activity research and development of manufacturing projects on the basis of know-how, or technical collaboration and necessary formulas
and patent rights for furthering the main objects of the Company.
9. Subject to the Provisions of the Companies Act 2013, to amalgamate with any other company of which all or any of their objects
companies having similar to the objects of the Company in any manner whether with or without the liquidation.

10. Subject to any law for the time being in force, to undertake or take part in the formation, supervision or control of the business or
operations of any person, firm, body corporate, association undertaking carrying on the main business of the Company.
11. To apply for, obtain, purchase or otherwise and prolong and renew any patents, patent-rights, brevets, inventions, processes, scientific
technical or other assistance, manufacturing processes know-how and other information, patterns, copyrights, trade-marks, licenses
concessions, conferring an exclusive or non-exclusive or limited or unlimited right of use thereof, which may seem capable of being used
for or inconnection with the main objects of the Company or the acquisition or use of which may seem calculated directly or indirectly to
benefit the Company on payment of any fee royalty or other consideration and to use, exercise or develop the same under or grant
licenses in respect thereof or otherwise deal with same and to spend money in experimenting upon testing or improving any such patents,
inventions, right or concessions.

12. To apply for and obtain any order under any Act or Legislature, charter, privilege concession, license or authorisation of any
Government, State or other Authority for enabling the Company to carry on any of its main objects into effect or for extending any of the
powers of the Company or for effecting and modification of the constitution of the Company or for any other such purpose which may seem
expedient and to oppose any proceedings or applications which may seem expedient or calculated directly or indirectly to prejudice the
interest of the Company.
13. To enter into any arrangements with any Government or Authorities or any persons or companies that may seem conducive to the
main objects of the Company or any of them and to obtain from any such Government, authority, person or company any rights, charters,
contracts, licenses and concessions which the Company may think desirable to obtain and to carry out, exercise and comply therewith.

14. To procure the Company to be registered or recognised in or under the laws of any place outside India and to do all act necessary for
carrying on in any foreign country for the business or profession of the Company.
15. To draw, make, accept, discount, execute and issue bills of exchange, promissory notes bills of lading, warrants, debentures and such
other negotiable or transferable instruments, of all types or securities and to open Bank Accounts of any type and to operate the same in
the ordinary course of the Company.

16. To advance money either with or without security, and to such persons and upon such terms and conditions as the Company may
deem fit and also to deal with the money of the Company not immediately required.
17. To undertake and execute any trusts, the undertaking of which may seem to the Company desirable, either gratuitously or otherwise.

18. To establish, or promote or concur in establishing or promote any company for the purpose of dealing all or any of the properties, rights
and liabilities of the Company.
19. To sell, mortgage, exchange, grant licenses and other rights improve, manage, develop and dispose of undertakings, properties,
assets and effects of the company or any part thereof for such consideration as may be expedient and in particular for any shares, stocks,
debentures or other securities of any other such company having main objects altogether or in part similar to those of the Company.

20. Subject to the Provisions of Companies Act2013, to distribute among the members in specie or otherwise any property of the Company
or any proceeds of sale or disposal of any property of the Company in the event of winding up.
21. To distribute as dividend or bonus among the member or to place to reserve or otherwise to apply, as the Company may, from time to
time, determine any money received by way of premium on debentures issued at a premium by the Company and any money received in
respect of forfeited shares, money arising from the sale by the Company of forfeited shares subject to the provisions of Sec. 52 of the
Companies Act, 2013.

22. To employ agents or experts to investigate and examine into the conditions, prospects value, character and circumstances of any
business concerns and undertakings and generally of any assets properties or rights which the Company purpose to acquire.
23. To create any reserve fund, sinking fund, or any other such special funds whether for depreciation, repairing, improving, research,
extending or maintaining any of the properties of the Company or for any other such purpose conducive to the interest of the Company.

24. Subject to the provisions of Section 179, 182 & 183 of Companies Act, 2013, to subscribe contribute, gift or money, rights or assets for
any national educational, religious, charitable, scientific, public, general or usual objects or to make gifts or such other assets to any
institutions, clubs, societies, associations, trusts, scientific research associations, funds, universities, college or any individual, body of
individuals or bodies corporate.
25. To establish and maintain or procure the establishment and maintenance of any contributory or non-contributory pension or
superannuation, provident or gratuity funds for the benefit of and give of procure the giving of the gratuities pensions, allowances, bonuses
or emoluments of any persons who are or were at any time in the employment or service of the company or any company which is a
subsidiary of the Company or is allied to or associated with the Company or with any such subsidiary company or who are or were at any
time Directors or officers of the Company or any other company as aforesaid and the wives, widows, families and dependents of any such
persons and also to establish and subsidize and subscribe to any institutions, associations, club or funds calculated to be for the benefit of
or advance aforesaid and make payments to any such persons as aforesaid and to do any of the matters aforesaid, either alone or in
conjunction with any such other company as aforesaid.

26. To establish, for any of the main objects of the Company, branches or to establish any firm or firms at places in or outside India as the
Company may deem expedient.
27. To pay for any property or rights acquired by or for any services rendered to the Company and in particular to remunerate any person,
firm or company introducing business to the company either in cash or fully or partly-paid up shares with or without preferred or deferred
rights in respect of dividend or repayment of capital or otherwise or by any securities which the company has power to issue or by the grant
of any rights or options or partly in one mode and partly in another and generally on such terms as the company may determine.

28. To pay out of the funds of the company all costs, charges and expenses of and incidental to the formation and registration of the

Page 2 of 4
company and any company promoted by the company and also all costs, charges, duties, impositions and expenses of and incidental to
the acquisition by the company of any property or assets.
29. To send out to foreign countries, its director, employees or any other person or persons for investigation possibilities of main business
or trade procuring and buying any machinery or establishing trade and business connections or for promoting the interests of the company
and to pay all expenses incurred in the connection.

30. To compensate for loss of office of any Managing Director or Directors or other officers of the Company within the limitations
prescribed under the Companies Actor such other statute or rule having the force of law and to make payments to any person whose office
of employment or duties may be determined by virtue of any transaction in which the Company is engaged.
31. To agree to refer to arbitration any dispute, present or future between the Company and any other company, firm, individual or any
other body and to submit the same to arbitration in India or abroad either in accordance with Indian or any foreign system of law.

32. To appoint agents, sub-agents, dealers, managers canvassers, sales, representatives or salesmen for transacting all or any kind of the
main business of which this Company is authorized to carry on and to constitute agencies of the Company in India or in any other country
and establish depots and agencies in different parts of the world.
4.The liability of the member(s) is limited and this liability is limited to the amount unpaid, if any, on the shares held by
them.

5.The share capital of the company is rupees, divided into,

Equity shares of rupees each

6 We, the several persons, whose names and addresses are subscribed, are desirous of being formed
into a 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 against our respective names:

Page 3 of 4
S.No. Subscriber Details

DIN/PAN/Passport No. of shares


Name, Address, Description and Occupation DSC Dated
Number taken

1 Equity

2 Equity

Equity

Total Shares taken

Signed before Me

DIN/PAN/Passport
Number/
Name Address, Description and Occupation DSC Dated
Membership
Number

ACS PRIYA JAIN

Modify Check Form

Page 4 of 4

You might also like