Governance & transparency

Built on trust. Bound by law.

Form
INC-13 · e-Memorandum of Association
Incorporated under
Sections 4 & 8, Companies Act, 2013
Registered office
State of Madhya Pradesh
Objects extend to
The whole of India and outside India
Clause 3(a)

The objects we were incorporated to pursue.

1Yoga, wellness & holistic development

To promote, encourage, develop and undertake activities relating to Yoga, meditation, wellness, physical fitness, mental well-being, health awareness and holistic development of individuals and communities, and to establish, operate and support yoga centres, wellness centres, training programmes, workshops, camps, seminars and educational initiatives for imparting knowledge and practice of Yoga and allied activities, particularly for the benefit of children, youth, women, senior citizens, economically weaker sections and other deserving persons.

To undertake, promote and support charitable, social welfare, educational, community development and humanitarian activities for the benefit of the public at large, including activities relating to education, healthcare, sanitation, cleanliness, environmental protection, skill development, women and child welfare, senior citizen welfare, rural and community development, awareness programmes, relief and rehabilitation, and other activities for the advancement of social welfare and public benefit, without any intention of making profit and with the sole objective of promoting charitable and social causes.

To collaborate with and provide assistance to governmental authorities, local bodies, educational institutions, charitable organisations, non-governmental organisations, trusts, societies, companies, institutions and other persons or organisations having objects similar to those of the Company, for carrying out and furthering the aforesaid charitable, social welfare, educational, Yoga, health and community development activities.

Clause 3(b) · Matters necessary for furtherance of the objects

The execution engine.

01
Establish and operate yoga, meditation, wellness, training and community centres
02
Organise classes, sessions, camps, workshops, seminars and conferences
03
Undertake charitable, welfare, environmental and rural development activities
04
Collaborate with authorities, institutions and like-minded organisations
05
Receive lawful grants, donations, sponsorships and endowments
06
Acquire and manage property, equipment and other assets
07
Appoint teachers, trainers, professionals, experts and volunteers
08
Undertake research, publications and awareness content
09
Maintain bank accounts and apply funds solely to our objects
10
Do all lawful things consistent with Section 8 of the Companies Act, 2013
Clauses 5 – 7

What our Memorandum commits us to.

CLAUSE 5 (i)

The profits, if any, or other income and property of the company shall be applied solely for the promotion of its objects.

CLAUSE 5 (ii) – (iii)

No portion of profits, income or property is paid or transferred to members by way of dividend, bonus or profit, and no remuneration is given to members except as the Memorandum permits.

CLAUSE 6

No alteration is made to the Memorandum or Articles unless previously submitted to and approved by the Registrar.

CLAUSE 7

The liability of the members is limited.

Documents

MOA-based Vision & Programme Framework (PDF)
Bank account details (PDF)