A Vision to Make of Group of Company
An apex company be constituted as Public Limited Company with his own MoA and AoA, the apex company shall be the regulatory body of the other company constituted by the resolution of the this apex company (here-in-after may be called as Mother Company or Group of Company-whoever is suitable/appropriate or legal,
The Promoters are :
Wholly owned by the three promoters,
Provision of PART TIME DIRECTORS or NON-EXECUTIVE DIRECTORS also be made, under which experts, professionals, consultants, retired sr officers shall be invited/nominated for a certain period- as decided by the principal promoters/board of directors,
Part time directors or non-executive directors may be assigned for specific work-as decided by the principal promoters/board of directors,
It should be clearly defined in the AoA, that the share value of Mr Santosh Kumar will be transferred/donated to the philanthropic bodies for development and welfare of the society.
NETWORK OF THE COMPANY
Shall be known and defined as company resolved by the Head of the company and henceforth the companies shall be known as Group of Companies
By the resolution of this company, subsidiary company/sister concern may be incorporated in any defined/identified area with a desirous financial partner provided they have workable exposure in the respective field;
The fields are : -
Education/Training
Information Technology/Tele-Communication
Skill Development in all the streams set by the NSDM,
Vocational/Professional training in all the identified sectors,
General Educational Stream guided by CBSE, ICSE, AICTE, MCI, UGC etc.,
Micro-finance/Village Industries as per MSME
SERVICE SECTOR
Reproductive Health Services
Social Development and Welfare
Educational/Training consultancy
IT consultancy
Free Coaching to the poor/talented students
………………………..
PRODUCTION SECTOR
Educational tools/products
IT related products
Social development and Welfare related products
Other manufacturing or productive streams that may be decided time to time by the principal promoters
All such subsidiary companies shall be open in the name of SAI or SAIRAM, in case of non-availability of proposed name, another proposed name may also be considered.
The share of apex companies in the group of companies shall be 51% in all the-specifying the single productive area, under which the position of MANAGING DIRECTOR will be awarded to the person-who’ll come forward or approach the apex company with concrete proposal for promoting the specific programme under the network of the company, by way of investment/expertise, one director may be nominated by the apex company / regulatory body / group of companies (whatever the nomenclature used).
The share holders may be invited to fill the share of 49% in the group of companies, if required,
The newly incorporated company must be defined as a company that works under the rules and regulations/provisions set by the apex company,
Shareholders shall be of three categories (in the companies grouped under apex companies)
Shareholders category shall be fixed on the following priority of the investors (a) Shareholder (extra-ordinary) (b) Shareholder (Special) (c) Shareholder (General), the features of such category shall be as follows;
Shareholder (extra-ordinary): shall mean the shareholder, who invests the money as shareholder, and desires to further invest their returns in charity purposes for a his/her name-fame-image or in the name of his unforgettable or memorable relatives anyway,
Shareholder (special): shall mean the shareholder, who invests the money as shareholder; and desires to get his/her returns minimum 25% and maximum 75% as dividend and donate remaining income to the company for charity purposes.
Shareholder (general): shall mean the shareholder, who invests the money as shareholder and desires to get his/her return on his/her account. He/She may or may not donate any amount to the charity purposes.
Charity Fund shall be generated by the investors for socio-economic development of the society, such as establishment of various educational institutes that include health, environment, livelihood, technical, electronic and other engineering streams, skill development either of open or distance or general education methods, run variety of courses whether degree/diploma/post graduate diploma/certificate with a provision of free education to those who are living below the poverty line, extremely economic weaker section of the society. Non-formal education may be the focus area for easy access of education/training to all.