印度私人有限公司公司组织章程AoA英文版Word文件下载.docx

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II.INTERPRETATION

2. 

（i）Intheseregulations—

（a）“theAct”meanstheCompaniesAct,2013,

（b）“theseal”meansthecommonsealofthecompany.

（ii）Unlessthecontextotherwiserequires,wordsorexpressionscontainedintheseregulationsshallbearthesamemeaningasintheActoranystatutorymodificationthereofinforceatthedateatwhichtheseregulationsbecomebindingonthecompany.

III. PRIVATECOMPANY

3. TheCompanyisaprivatecompanywithinthemeaningofSections2（68）oftheCompaniesAct,2013andaccordingly:

（a）TherighttotransferthesharesintheCompanyisrestrictedinthemannerandtotheextenthereinafterappearing;

and

（b）ThenumberofmembersoftheCompany（exclusiveofpersonswhoareintheemploymentoftheCompany,andperson,whohavingbeenformerlyintheemploymentoftheCompany,werethemembersoftheCompanywhileinthatemploymentandhavecontinuedtobemembersaftertheemploymentceased）shallnotbemorethan200（TwoHundred）providedthatforthepurposeofthisprovision,where2（two）ormorepersonsjointlyhold1（one）ormoreshare（s）intheCompany,theyshallbetreatedasasinglemember;

（c）Noinvitationsshallbeissuedtothepublictosubscribeforanysharesinordebenturesofthecompany;

IV.SHARECAPITALANDVARIATIONOFRIGHTS

4. 

SubjecttotheprovisionsoftheActandtheseArticles,thesharesinthecapitaloftheCompanyshallbeunderthecontroloftheDirectorswhomayissue,allotorotherwisedisposeofthesameoranyofthemtosuchpersons,insuchproportionandonsuchtermsandconditionsandeitheratapremiumoratparandatsuchtimeastheymayfromtimetotimethinkfit.

5. 

（i） Everypersonwhosenameisenteredasamemberintheregisterofmembersshallbeentitledtoreceivewithintwomonthsafterincorporation,incaseofsubscriberstothememorandumorafterallotmentorwithinonemonthaftertheapplicationfortheregistrationoftransferortransmissionorwithinsuchotherperiodastheconditionsofissueshallbeprovided,—

（a） onecertificateforallhisshareswithoutpaymentofanycharges;

or

（b） severalcertificates,eachforoneormoreofhisshares,uponpaymentoftwentyrupeesforeachcertificateafterthefirst.

（ii） Everycertificateshallbeunderthesealandshallspecifythesharestowhichitrelatesandtheamountpaid-upthereon.

（iii） Inrespectofanyshareorsharesheldjointlybyseveralpersons,thecompanyshallnotbeboundtoissuemorethanonecertificate,anddeliveryofacertificateforasharetooneofseveraljointholdersshallbesufficientdeliverytoallsuchholders.

6. 

（i） Ifanysharecertificatebewornout,defaced,mutilatedortornoriftherebenofurtherspaceonthebackforendorsementoftransfer,thenuponproductionandsurrenderthereoftothecompany,anewcertificatemaybeissuedinlieuthereof,andifanycertificateislostordestroyedthenuponproofthereoftothesatisfactionofthecompanyandonexecutionofsuchindemnityasthecompanydeemadequate,anewcertificateinlieuthereofshallbegiven.EverycertificateunderthisArticleshallbeissuedonpaymentoftwentyrupeesforeachcertificate.

（ii） TheprovisionsofArticles

（2）and（3）shall 

mutatismutandis 

applytodebenturesofthecompany.

7. （i） Ifatanytimethesharecapitalisdividedintodifferentclassesofshares,therightsattachedtoanyclass（unlessotherwiseprovidedbythetermsofissueofthesharesofthatclass）may,subjecttotheprovisionsofsection48,andwhetherornotthecompanyisbeingwoundup,bevariedwiththeconsentinwritingoftheholdersofthree-fourthsoftheissuedsharesofthatclass,orwiththesanctionofaspecialresolutionpassedataseparatemeetingoftheholdersofthesharesofthatclass.

（ii） Toeverysuchseparatemeeting,theprovisionsoftheseregulationsrelatingtogeneralmeetingsshall 

apply,butsothatthenecessaryquorumshallbeatleasttwopersonsholdingatleastone-thirdoftheissuedsharesoftheclassinquestion.

8. Therightsconferredupontheholdersofthesharesofanyclassissuedwithpreferredorotherrightsshallnot,unlessotherwiseexpresslyprovidedbythetermsofissueofthesharesofthatclass,bedeemedtobevariedbythecreationorissueoffurthersharesranking 

paripassu 

therewith.

9. Subjecttotheprovisionsofsection55,anypreferencesharesmay,withthesanctionofanordinaryresolution,beissuedonthetermsthattheyaretoberedeemedonsuchtermsandinsuchmannerasthecompanybeforetheissueofthesharesmay,byspecialresolution,determine.

V.LIEN

10. 

（i） Thecompanyshallhaveafirstandparamountlien—

（a）oneveryshare（notbeingafullypaidshare）,forallmonies（whetherpresentlypayableornot）called,orpayableatafixedtime,inrespectofthatshare;

and（b）onallshares（notbeingfullypaidshares）standingregisteredinthenameofasingleperson,forallmoniespresentlypayablebyhimorhisestatetothecompany:

ProvidedthattheBoardofdirectorsmayatanytimedeclareanysharetobewhollyorinpartexemptfromtheprovisionsofthisclause.

（ii） Thecompany’slien,ifany,onashareshallextendtoalldividendspayableandbonusesdeclaredfromtimetotimeinrespectofsuchshares.

VI.TRANSFEROFSHARES

11. 

（i） Theinstrumentoftransferofanyshareinthecompanyshallbeexecutedbyoronbehalfofboththetransferorandtransferee.

（ii） Thetransferorshallbedeemedtoremainaholderoftheshareuntilthenameofthetransfereeisenteredintheregisterofmembersinrespectthereof.

12. TheBoardmay,subjecttotherightofappealconferredbysection58,declinetoregister—

（a） thetransferofashare,notbeingafullypaidshare,toapersonofwhomtheydonotapprove;

（b） anytransferofsharesonwhichthecompanyhasalien.

13. 

TheBoardmaydeclinetorecogniseanyinstrumentoftransferunless—

（a） theinstrumentoftransferisintheformasprescribedinrulesmadeundersub-section

（1）ofsection56;

（b） theinstrumentoftransferisaccompaniedbythecertificateofthesharestowhichitrelates,andsuchotherevidenceastheBoardmayreasonablyrequiretoshowtherightofthetransferortomakethetransfer;

（c） theinstrumentoftransferisinrespectofonlyoneclassofshares.

14. 

Ongivingnotlessthansevendays’previousnoticeinaccordancewithsection91andrulesmadethereunder,theregistrationoftransfersmaybesuspendedatsuchtimesandforsuchperiodsastheBoardmayfromtimetotimedetermine:

Providedthatsuchregistrationshallnotbesuspendedformorethanthirtydaysatanyonetimeorformorethanforty-fivedaysintheaggregateinanyyear.

VII.TRANSMISSIONOFSHARES

15. 

（i） Onthedeathofamember,thesurvivororsurvivorswherethememberwasajointholder,andhisnomineeornomineesorlegalrepresentativeswherehewasasoleholder,shallbetheonlypersonsrecognisedbythecompanyashavinganytitletohisinterestintheshares.

（ii） Nothinginclause（i）shallreleasetheestateofadeceasedjointholderfromanyliabilityinrespectofanysharewhichhadbeenjointlyheldbyhimwithotherpersons.

16. （i） Anypersonbecomingentitledtoashareinconsequenceofthedeathorinsolvencyofamembermay,uponsuchevidencebeingproducedasmayfromtimetotimeproperlyberequiredbytheBoardandsubjectashereinafterprovided,elect,either—

（a）toberegisteredhimselfasholderoftheshare;

（b）tomakesuchtransferoftheshareasthedeceasedorinsolventmembercouldhavemade.

（ii） TheBoardshall,ineithercase,havethesamerighttodeclineorsuspendregistrationasitwouldhavehad,ifthedeceasedorinsolventmemberhadtransferredthesharebeforehisdeathorinsolvency.

17. （i） Ifthepersonsobecomingentitledshallelecttoberegisteredasholderofthesharehimself,heshalldeliverorsendtothecompanyanoticeinwritingsignedbyhimstatingthathesoelects.

（ii） Ifthepersonaforesaidshallelecttotransfertheshare,heshalltestifyhiselectionbyexecutingatransferoftheshare.

（iii） Allthelimitations,restrictionsandprovisionsoftheseregulationsrelatingtotherighttotransferandtheregistrationoftransfersofsharesshallbeapplicabletoanysuchnoticeortransferasaforesaidasifthedeathorinsolvencyofthememberhadnotoccurredandthenoticeortransferwereatransfersignedbythatmember.

18. 

Apersonbecomingentitledtoasharebyreasonofthedeathorinsolvencyoftheholdershallbeentitledtothesamedividendsandotheradvantagestowhichhewouldbeentitledifheweretheregisteredholderoftheshare,exceptthatheshallnot,beforebeingregisteredasamemberinrespectoftheshare,beentitledinrespectofittoexerciseanyrightconferredbymembershipinrelationtomeetingsofthecompany:

ProvidedthattheBoardmay,atanytime,givenoticerequiringanysuchpersontoelecteithertoberegisteredhimselfortotransfertheshare,andifthenoticeisnotcompliedwithwithinninetydays,theBoardmaythereafterwithholdpaymentofalldividends,bonusesorothermoniespayableinrespectoftheshare,untiltherequirementsofthenoticehavebeencompliedwith.

VIII.BUY-BACKOFSHARES

19. Notwithstandi