Main Object Of PORTFOLIO MANAGEMENT Company
1. To receive money on deposit at interest or otherwise for fixed periods and to lend money on any terms as may be thought fit and particularly to customers or other persons or corporations having dealing with company provided that the company shall not carry on any business of banking as defined by the Banking Regulations Act, 1949, or any statutory modification thereof.
2. To carry on the business of fund managers, asset managers or as an investment trust company and to underwrite, sub underwrite, invest in, acquire and hold, sell, buy or otherwise deal in shares, debenture, debenturestock, bonds, units, obligations and security issued or guaranteed by Indian or Foreign Governments, state, Dominions, Sovereigns, Municipalities or Public Authorities or Bodies and Shares, stocks, debentures, debenturestocks, bonds, obligations and securities issued and guaranteed by the company, corporation, firm or persons whether incorporated or established in India or elsewhere.
3. To act as financial consultants, management consultants and provide advice, service, consultancy in various fields, general administrative, secretarial, commercial, financial, legal, economic, labour, industrial, public relations, scientific, technical, direct and indirect taxation and other levies, statistical, accountancy, quality control and data processing.
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