velocity gurukul

Company Overview

The main object to be pursued by the Company on its incorporation are

  • To carry on the business of project execution and of consultant engineers. Architects, surveyors, estimators and designers, contractor, builders, estate developers, planner for Development of sites, landscaping, building, roads, bridge, irrigation structures, Sewerage, drainage, water supply and public heath engineering work railway airport, cinema houses, hotels, market complex and to construct, execute, improve, work layout and develop, build, erect, demolish, alter, repair, remodel, manage and control works and conveniences of all kinds in connection with roads, railways, airport, cinema houses, Hotels, bridge, canals, embankment, dams, reservoirs, parks, irrigation improvement, sewage, drainage, sanitary, water, gas, electric light power supply works and cold storage, warehouse, markets, hotels and building or building scheme and all other works or convenience whatsoever.
  • To carry on business as estate agents and estate managers and to collect rents, repair, look after and manage immovable properties of or for any persons, firms and companies governments and estate as well as this company.
  • To engage in business of fabrication of materials required for building, bridge, railways, airports, road, canal, dams, and embankment. Reservoir and building accessories electrical, sanitary, plumbing and other fixtures, fittings, equipment’s, plant, machinery, tools and appliance including furniture, fixture, household goods, decoration materials
  • To carry on the business of running Lorries, cranes. Trucks and all kinds of vehicles as general carries and as carriage and transport contractor and the business of general order suppliers and the job of commission agents.

Objects incidental or ancillary to the attainment of the main objects.

  • To apply for tender, purchase otherwise acquire any contract, sub-contracts, licenses and concessions for, or in relation to the construction, execution, carrying out equipment Improvement, management, administration or control of works and of conveniences, and to undertake, execute, carry out, dispose or otherwise turn to account the same.
  • To undertake and execute maintenance contracts multistoried and other building cold storage, warehouses, townships and other complexes of and in connection therewith and also otherwise to act as managers, caretakers engineers, advisers, estate, selling and purchasing agents and brokers for lands, buildings, factories, god owns, flats, blocks, office , shops, garage, constructions materials, furniture, fixtures, equipment and appliances
  • To pay all costs, charges, and expenses of and incidental to the formation, registration and establishment of the company.
  • To buy sell, export, import and deal in merchandise of all kinds and generally to carry on business as merchants importers, exporters, exporters, exporters, warehousemen dealers, in which the company is authorized to carry on business.
  • To carry on business of agents and manufactures. Representatives Distributors and dealers in commodities of all description and as. General Order Suppliers, in which the company is authorized to carry on business.
  • Subject to the provisions of the Act, to start agencies, shops and branches, in different part of India and elsewhere as the Board of Directors may decide for the Production, Sale and distribution of the products of the Company.
  • To purchase or otherwise acquire and undertake all or any part of the business, property and liabilities of any person or corporation on any business which the Company is authorized to carry on or possessed of property suitable for the purpose of the Company.
  • To take or otherwise acquire and hold shares in any other company having objects altogether or in part, similar to those of this company or carrying on any business capable of being conducted so as directly or indirectly to benefit this company
  • To enter into partnership or into any arrangement for sharing profits. Union of interest, co-operation, joint venture, reciprocal concession or otherwise with any person or company carrying on or engaged in or about to carry on or engage in any business or transaction which this company is authorized to carry on, or engage in any business or transaction capable of being conducted so as directly or indirectly to benefit this company and to take or otherwise

Other Objects

  • To carry on the business of wholesale, promotion & distribution, clearing & forwarding of all kinds of merchandise.
  • To manufactures, mil, grind, extract, prepare and make marketable e.g. wheat, rice, paddy, oats, barley, maize, seeds, corns and every kinds of grain, fruits, vegetable produce.
  • To construct, build, equip, own and maintain and to carry on business as keeper of cold storage, storage chambers, ice-plants, godowns, ware-house, refrigerators, freezing houses and room coolers and all type of electrical and electronic goods.
  • To carry on business of growing, cultivating, buying, selling, treating, making marketable, producing, manufacturing and dealing in every kind of vegetable & fruits produce, food products and products of soil, agricultural or trees or shrubs or plant and either in raw, manufactured or prepared state.
  • To manufacture, buy, sell, exchange, erect, install, repair, alert remodel let or make on hire or otherwise deal with any plant, machinery, allied materials, article used in any of the business.
  • To act as general order suppliers and commission agents and to export and import raw and manufactured goods and articles into other market, local and foreign.
  • To carry on all or any the business of ware-houses keepers, owners and letter of spaces, go downs, houses, buildings, depositors, or stores (whether cooling, refrigerating, air-conditioning or otherwise).
  • To carry on the business and profession of hire purchase and of mercantile & Commission agents, Financial and Industrial agents, Travelling & Insurance agents, Warehouseman, Packers, Carriers Insurer and underwriter, Ardhatias, brokers, trustless clearing distributing and forwarding agents, selling agents
  • To set up steel Furnaces and Re-rolling mill plant.
  • To carry on the business as manufactures & dealers of paper, packing materials, jute Twine, tetra pack and ancillary unit for paper mill plant.
  • To carry on the business of manufacturer soft drink, food , fruits and vegetable products, biscuits.
  • To carry on the business of raw hide and manufactures and dealers of leather goods.
  • To carry on the business and manufacture of ceramic & sanitary wares.
  • To purchase, take on lease or otherwise acquire any mining rights, means and lands believed to contain metallic or mineral ores, stones and to work mines, quarries and to find get. Crush smelt cut, polish, manufactures or otherwise deal with all types of stones.
  • The liability of the members is limited.
  • The Authorized Share Capital of the Company is Rs.25,00,000/- (Rupees Twenty Five Lakhs) divided into 25,000 (Twenty Five Thousand) equity shares of Rs. 100/- (Rupees One Hundred) each with power to increase or reduce them as per provisions of the Companies Act,1958.