2. Capítulo 2: Marco Conceptual
2.2 Prácticas de cuidado que realizan las gestantes adolescentes
Except as stated elsewhere in this Red Herring Prospectus and except various agreements/contracts, which have been entered in regular course of business with our suppliers, customers and lenders, there are no other material agreements or contracts, which have been entered into within a period of two years prior to the date of the Red Herring Prospectus.
Tara Heart Care Products Limited and Tara Health Foods Limited
Our promoter group company Tara Heart Care Products Ltd. though not carrying the same competing business since the object clause of memorandum of association of both the Companies entitle them to undertake similar activities in future, it is intended that the Companies in the same group do not compete with each other, in the interest of mutual proliferation of their individual businesses and the group as a whole. The agreement provides that:
Tara Health Foods Limited 103 Tara Health will continue with its existing and future businesses as permitted by the objects clause of its Memorandum of Association, as amended from time to time, without any restriction in terms of this agreement. However, Tara Heart will not enter into any manufacturing activity in which Tara Health is engaged into and will not market the products of any company other than of Tara Health, without the prior written consent of Tara Health.
That both the companies agree and declare that none of the clauses of this Agreement are intended to be vocative of the Competition Act, 2002 or the Monopolies And Restrictive Trade Practices Act, 1969 and that this Agreement is not meant to restrict, by any method the persons or classes of persons to whom goods are sold or from whom goods are bought by either of the parties.
This Agreement shall not be terminated under any circumstances whatsoever, unless by mutual consent of both the parties.
This Agreement contains the entire agreement among the Parties relating to its subject matter and super cedes all oral statements and prior writings with respect to it. This Agreement may not be amended or modified except by a writing executed by each Party.
Tara Feed Factory and Tara Health Foods Limited
Our Promoter group firm namely, Tara Feed Factory is carrying on the business of manufacturing cattle feed since 2001, whereas, Tara Health started carrying on this business in the year 2004. Besides, Tara Health is carrying on the business as manufacturers, importers, exporters, distributors of edible and non-edible oil, rice bran oil, health supplements, etc.
A non-compete agreement has been entered into with them. The broad terms & conditions contained therein are given below:
Tara Feed will operate in areas of Patiala & Fathegarh in the State of Punjab and Tara Health would, in respect of their business of cattle & poultry feed, operate in any and all other areas except in the aforementioned areas where Tara Feed operates.
Tara Health will continue with its existing and future businesses as permitted by the objects clause of its Memorandum of Association, as amended from time to time, without any restriction in terms of this agreement and Tara Feed will not in future enter into in business in which Tara Health operates, without the prior written consent of Tara Health.
Tara Health and Tara Feed will not solicit each others existing clients, nor will they service or target potential clients in the areas in which the other party caters to.
Tara Health and Tara Feed will provide each other with a half yearly MIS disclosing the identity of potential and prospective clients in order to avoid breach of the terms of this Agreement.
The parties hereto agree and declare that none of the clauses of this Agreement are intended to be vocative of the Competition Act, 2002 or the Monopolies And Restrictive Trade Practices Act, 1969 and that this Agreement is not meant to restrict, by any method the persons or classes of persons to whom goods are sold or from whom goods are bought by either of the parties.
This Agreement shall not be terminated under any circumstances whatsoever, unless by mutual consent of both the parties
This Agreement contains the entire agreement among the Parties relating to its subject matter and super cedes all oral statements and prior writings with respect to it.
Tara Life Care Products Limited and Tara Health Foods Limited
One of our associate company Tara Life Care Products Ltd. though not carrying the same competing business since the object clause of memorandum of association of both the Companies entitle them to undertake similar activities in future, it is intended that the Companies do not compete with each other, in the interest of mutual proliferation of their individual businesses and the group as a whole. The agreement provides that:
Tara Health Foods Limited 104 Tara Health will continue with its existing and future businesses as permitted by the objects clause of its Memorandum of Association, as amended from time to time, without any restriction in terms of this agreement. However, Tara Life will not enter into any manufacturing activity in which Tara Health is engaged into and will not market the products of any company other than of Tara Health, without the prior written consent of Tara Health.
That both the companies agree and declare that none of the clauses of this Agreement are intended to be vocative of the Competition Act, 2002 or the Monopolies And Restrictive Trade Practices Act, 1969 and that this Agreement is not meant to restrict, by any method the persons or classes of persons to whom goods are sold or from whom goods are bought by either of the parties.
This Agreement shall not be terminated under any circumstances whatsoever, unless by mutual consent of both the parties.
This Agreement contains the entire agreement among the Parties relating to its subject matter and super cedes all oral statements and prior writings with respect to it. This Agreement may not be amended or modified except by a writing executed by each Party.
These agreements are legally enforceable, in terms of the provision of the Indian Contract Act, 1872.
Except for the agreements mentioned above, we are not a party to, or have entered into, any other material contracts not being a contract: