To undertake and execute any trust, the undertaking whereof may seem desirable either gratuitously or otherwise.
To pay all the costs, charges, and expenses of and incidental to the promotion and formation, registration and establishments of the Company and issue of its capital including any underwriting or other commissions, broker's fee and charges, in connection therewith including costs, charges, expenses of negotiations and contracts and arrangements made prior to and in anticipation of the formation and incorporation of the Company.
To receive grants, loans, advances and other moneys on deposit or otherwise from the Central Government or State Government, Banks, Companies, Clubs, Associations, Commissions, Trusts, Corporations etc or individuals with or without allowance of interest thereon, and to lend money to such persons or companies and on such terms as may seem expedient and in particular to customers and others having dealing with the Company.
To remunerate any person or Company for services rendered or to be rendered in placing or assisting to pay or guaranteeing the placing of any of the shares in the Company's or in capital or any debentures, debenture stock or other securities of the Company's or in or about the formation or promotion of the Company or the conduct of its business. Subjects to the provisions of the Companies Act, 1956 and the Constitution of India, to subscribe or contribute or otherwise to assist or to guarantee money to charitable, benevolent, religious, scientific, national or other institutions or for any public general or useful objects.
To buy, lease or otherwise acquire lands, buildings and other immovable and as well as movable property and sell, mortgage assign or lease and in any other manner deal with or dispose o the undertakings of or property of the Company or any part thereof, whether movable or immovable for such consideration as the Company may think fit, and in particular for shares, debentures or other securities of any other company having objects altogether or in parts similar to those of this Company.
To develop and turn to account any land required by the Company or in which it is interested and in particular by laying out and preparing the same for building purposes, constructing, altering, pulling down, decorating, maintaining, fitting up and improving buildings and conveniences and by painting, drawings, draining, farming and by advancing money to and entering in to contracts and agreements all kinds with building tenants and others.
To draw, make, accept, endorse, discount execute and issue promissory notes, bills of bills of exchange, bills of lending, warrants, debentures and other negotiable or transferable instruments.
To do and to carry out all or any of the above objects and things in any parts of the world and either as principals, agents, contractors, trustees or otherwise and by or through trustees, agents or otherwise and either alone or in connection with others.
To act as agents and or to enter into agreements with any Government, semi Government or Public undertakings or Government owned Company or any authority, municipal or local or any manufacturer, merchant and others that may seem beneficial to the Company's objects and to obtain from such Government, authority or merchant rights, privileges and concessions which the Company may think desirable and carry out, exercise and comply with any such arrangements rights, privileges and concessions and to transact and carry on agency business of every type and of any description.
To construct, improve, maintain, develop, work, manage, carry out or control buildings, roadways, tramways, railways, branches of sidings, bridges, reservoirs, water courses wharves, manufactories, warehouses, electric works, shops, stores and other works and conveniences which may seem calculated directly or indirectly to advance the Company's interests and to contribute to subsidise or otherwise assist or take part in the construction, improvement, maintenance, working, management, carrying out or control thereof.
To employ and remunerate experts or consultants, foreign or Indian in connection with the planning and development of all or any of the business incidental to the operations of the Company.
To employ and remunerate experts to investigate and examine the condition, prospects, value, character and circumstances of any business or undertakings for the development of tourism and handicrafts and generally of any assets, property or rights.
To enter into partnership or into any arrangements by way of co-operation, joint venture collaboration or reciprocal concession with any person, firm 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, or any business or undertaking or transaction which may seem capable of being carried on or conducted so as directly or indirectly to benefit the Company.
To borrow or raise money with or without security or to receive money on deposits at interest or otherwise in such manner as the Company may think fit and in particular by the issue of debenture or debenture stock and as security for any such money so borrowed, raised or received, to mortgage, pledge or change the whole or any part of the property, assets or revenue of the company, present or future including its uncalled capital and to purchase or redeem or pay off any such securities.
To assist any company or association financially or otherwise by issuing or subscribing for, or guaranteeing the subscription and issue of capital, shares, stock debentures, debenture stock or other securities and to or provide for brokerage, commission and underwriting in respect of any such issue. Upon any issue of shares, debentures or other securities of the Company, to employ brokers, commission agents, and underwriters, and to provide for the remuneration of such person for their services by payment in cash, or by the issue of charges, debentures or other securities of the Company, or by the granting of options to take the same in any other manner allowed by law.
To accept stock or shares in or the debentures mortgage debentures or other securities of any other company in payment or part payment for any services rendered or for any sale made to debt owning from any such Company.
To direct the management, control and supervision of any company or association or concern by nominating directors, controllers, supervisors, advisors or otherwise, or to collaborate with any company or association or concern, Indian or foreign, formed for carrying on any hotel or other business within the objects of the Company.
To invest the capital of the Company in or to deal with shares, stocks, bonds, debentures, obligations and other securities of any company or association existing or formed for establishing, or working of any undertakings for promotion of tourism approved by the Company.
To aid and assist with all means at its disposal undertaking, projects or enterprises and schemes for Tourism Development whether under the Central or the State Government, or any statutory body, Company, firm or individual.
To establish, maintain and operate technical training institutions and hostels for technical staff of all categories and to make such other arrangements as may be expedient for the training of all categories of offices, workers, clerks, technical and other personal likely to be useful to or assist in any business which the company is authorized to carry on.
To appropriate use or let out land belonging to the Company for streets, parks, pleasure grounds and other conveniences and to present any such land so laid out to the public or to any person or persons or company conditionally or unconditionally as the Company thinks fit.
To apply the assets of the Company in any way in or towards the establishment maintenance or extension of any association, institutions, or fund in any way connected with any particular trade or business within the objects of the Company.
To manufacture, buy, sell, import, export, install work and generally deal in, any plant machinery, substances tools, materials, goods or things of any description, which in the opinion of the Company may be conveniently dealt with by the Company in connection with any of its objects.
To invest the moneys of the company, not immediately required, in such manner, other than in the shares of this Company, as from time to time may be determined.
To create any depreciation fund, reserve fund, sinking fund, insurance fund or any special or other fund whether for depreciation or for repairing, replacing, improving, extending or maintaining any of the property of the Company or for redemption of debentures or redeemable preference shares or for special dividends of/ for equalizing dividends or for any other purpose whatsoever, and to transfer any such fund or part thereof to any of the other funds herein mentioned.

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