 Introduction
The name of the company is Geospatial Delhi Limited. Geospatial Delhi Limited is Registered under companies Act,1956.The Registered office of the company will be situated in the National Capital Territory of Delhi.
A) Main objects to be pursued by the company on its incorporation.
1. To frame and implement policies for issues related to geospatial data in the National Capital Territory of Delhi (NCTD) which needs to be protected, nourished and maintained by Geospatial Delhi and to create, maintain, achieve and disseminate geospatial data for NCTD and for other parts of the country.
2. To utilize all contemporary and emerging technologies to attain the above objective and to provide geospatial information for various applications by using tools such as GIS, GPS, Remote Sensing, etc.
3. To provide Geospatial information for the benefit of all citizens of NCTD and the visiting population to meet their day to day needs such as travel, tourism, environmental issues etc, to utilize the geospatial the land holdings, dwelling units and commercial establishments for all domestic, commercial and agriculture uses, to provide Government of National Capital Territory of Delhi and its organs such as DDA, MCD, DJB, DESU, NDMC, MTNL, DMRC etc., necessary advice for making plans with the help of geospatial data and provide necessary assistance for information and decision making and to promote use of geospatial technologies by all government agencies and the citizens of Delhi and also to help build capacity for effective utilization of geospatial technologies for all round planning and development.
4. To provide assistance in the areas of GIS, GPS and Remote Sensing for the conduct of important events such as Republic Day Parade, Independence Day celebrations, Annual Trade fair, Commonwealth Games 2010 and any other major sports events, to provide the necessary inputs/outputs for effective and efficient security management in the NCTD.
5. To effectively utilize the strengths of geospatial industry and encourage participation of the industry for data creation, product generation, maintenance and archival of data, offering solutions and services by the private industries and to be the repository of all data pertaining to land holdings along with the parcel boundaries and to make it available to citizens of Delhi at a fee to be decided by the Board of Directors from time to time.
B) Objective incidental or ancillary to the attainment of the main object:
1. Delhi geospatial will resort to outsourcing to government and non government organizations/institutes and private industries.
2. To encourage and support, including financial for research and development in the geospatial technology and its applications.
3. To advice and provide the consultancy services for creation, Maintenance, archival, dissemination of geospatial data in other parts of the country.
4. To demonstrate the utility of geospatial data to attain the above ancillary objectives.
5. To devise a strategy and create awareness for geospatial data utilization by engaging governmental/Non governmental and private organizations.
6. To apply the income and property of the Company, whatsoever derived shall be applied for the promotion fo its objects as set forth in this Memorandum of Association.
7. Generally to do all such other things as may be deemed incidental of conductive to the attainment of the above objects of any one of them.
IV The liability of the members is limited.
V The Authorized Share Capital of the Company is Rs.150,00,00,000/-(Rupees One Hundred Fifty Crore) divided into 15,00,00,000(Fifteen Crores) Equity shares of Rs.10/-(Rupees Ten) each. We, the several persons, whose names and addresses, are subscribed below, are desirous of being formed into a Company in pursuance of this Memorandum of Association and we respectively agree to take the number of shares in the capital of the company set opposite our respective names:
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