Main Object Clauses
- To carry on the business of a holding and investment company, including acquiring, holding, selling and dealing in shares, debentures, bonds, mutual fund units and other securities of group companies, subsidiaries, associates and joint ventures.
- To invest the company’s funds in quoted and unquoted securities, government securities, money-market instruments and alternative investment funds, subject to applicable law.
- To provide management consultancy, shared services, treasury management and strategic advisory to subsidiary and group companies.
- To acquire, hold, license and deal in intellectual property, brands, trademarks and know-how for use across the group.
NIC Code: 64 — Financial service activities, except insurance and pension funding
Related Licences & Registrations
- RBI CIC registration: required if the company qualifies as a Core Investment Company — broadly, 90%+ of assets in group investments with asset size above ₹100 crore. Most large holding companies trip this.
- FEMA compliance: downstream investment and overseas holdings need FEMA reporting (FC-GPR, FLA returns).
- SEBI AIF registration: only if pooling third-party capital — a pure group holding company does not need it, but the line is thin and worth confirming.
- GST registration: holding companies face specific input tax credit restrictions on exempt investment income — structure billing accordingly.
ROC Filing Notes
- If 90% or more of assets sit in group investments, say so plainly. MCA and RBI both look for CIC indicators, and hiding it invites scrutiny later.
- ‘Investment’ objects must not read like an NBFC. Avoid lending language entirely — even one ‘loans and advances’ phrase can push the company into NBFC territory with RBI.
- Keep IP holding in a separate clause. Mixing IP and securities in one object muddies both the NIC classification and the tax treatment.
