Resolutions Yes Bank

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF THE COMPANY HELD

ON 12.09.2007

RESOLVED that authority be and is hereby granted for the company to avail the following credit facilities sanctioned by YES Bank Ltd, Chennai Branch vide their letter no._________ dt.12.09.2007 and on such further terms and conditions as may be mutually agreed upon.

S.No

Nature of facility Amount Security

01 Personal / Business Loan 30,00,000 Un-secured

RESOLVED further that any one of the following be and are hereby severally authorized to negotiate the terms and condition of the aforesaid credit facility and sign and execute all deeds, documents and other writings and to do such other things as may be necessary to avail of the above credit facilities and to give securities as stated above

S.No

Name Designation

01 Mr. Loknath Ratho Director02 Mr. Pattabhiraman Director

RESOLVED further that the common seal of the company be affixed on such documents as may be necessary in the presence of any one of the above directors who do sign the same.

RESOLVED also that the directors are hereby authorized to give copies of this resolution, certified as true, to YES BANK for their records.

// Certified True copy //

for ENMAS ENGENIUS PROJECTS LTD.,

LOKNATH RATHODIRECTOR.

From

Accounts DepartmentEEPL, Chennai – 18

To

Shri. LR / SK / PP EEPL, Chennai – 18.

Through Shri. NGK

September 12, 2007

Dear Sirs,

Sub : Funds requirement for EEPL

EEPL is facing temporary financial crisis due to delay in receipt of payment from our customers M/s.TNPL & GOA energy and in some of our direct erection projects our inflows are insufficient to meet wage payment & consumable requirement. Due to this our liability has accumulated and we are unable to make payment to our sub-contractors in time which include their Labour & consumable payments. To over come this financial crisis and to bridge the gap, we require a minimal of Rs.60 Lakhs.

Some of the private banks are providing Business / Un-secured loan based on company profile, which is repayable in equal instalments ( ie 36 instalments). We have approached YES bank & Barclays bank who are providing Rs.30 Lakhs each which is their maximum lendings under un-secured loan @ 17% & 19% p.a. respectively.

Your approval is sought for further processing.

Regards,

Abdul Vakil. A

From

Accounts DepartmentEnmas Engenius Projects Ltd,Chennai – 18

To

GB Engineering Enterprises P LtdThuvakudi, Trichy.

Kind. Attn. Shri.Venkatesan / Shri. Krishnan

March 23, 2007

Dear Sirs,

Please find enclosed reconciliation statement with our books. Kindly incorporate the following entries in your books of accounts which are highlited.

1. Amount paid by you to Mr.Manoj Kumar / Mr.Packianathan / Mr.Ashok Kumar not pertaining to EEPL. please change the same from our account.

2. Service Tax invoice already sent to you – copy enclosed for your reference

3. Pune project supervision charges invoice already submitted to you – copy enclosed for your reference.

4. Materials purchased on your behalf at GOA site – debit note already sent to you –copy enclosed for your reference.

5. Erection works claim for Jindal project – invoice already submitted to you – copy enclosed for your reference

6. Double Entry made by you.

Regards,

Abdul Vakil. A

From


To

Administration DepartmentChennai – 18.

Through Shri. NGK

01 September, 2006Dear Sirs,

We are executing erection works for M/s.GB.Engineering works at Dubri, Orissa. For carrying out erection works they have engaged workmen locally and paid wages at site.

On our close follow up, we have received the wage roll from site.

Your approval is required to book the same under the head “ Wages & Salaries”

Regards,

Abdul Vakil. A

From


To

Shri. Venkatesan,GB. Engineering Enterprises P LtdTrichy.

01 September, 2006Dear Sirs,

Please find enclosed the following

a. Statement of account of Jindal Project & HRSG, NINL Projectb. Statement of expenses incurred on your behalf at NINL project

Our Trans. Date Amount31.10.05 11,68430.11.05 27,36431.12.05 71,89531.01.06 26,46428.02.06 45,95131.03.06 595

c. Our Service Invoice copiesInv. No. 415 for Rs.7,18,160Inv. No. 419 for Rs.4,25,537

Regards,

Abdul Vakil. A

To Whom It May Concern

This is to certify that Shri.L.Venkadasamy / Director is carrying cash of Rs.3,50,000/- for wage disbursement for our project works with M/s.Indsil Energy & Electro Smelt Pvt Ltd, Raipur.

Yours truly,

For Enmas O & M Services Pvt. Ltd.,

Executive Accounts.


This is to certify that Shri.Shanmugam Kamaraj s/o. Shri. Loganathan Shanmugam is working in our organisation since 2004 and he is staying in the following address.

Plot No.31, Kalyana Sundaram Street,Chitlapakkam, Chennai – 600 064.

This certificate is issued for applying PAN number.

Yours truly,

For Enmas Engenius Projects Ltd,

Executive Accounts.


This is to certify that Shri. Abdul Vakil s/o. Shri. Abdul Kayum is working in our organisation since 2002 and he is staying in the following address.

No.4/335, Kumaran Street,Kennedy Velley,Moovarasampet,Chennai – 600 091

This certificate is issued for applying PAN number.

Yours truly,


Executive Accounts.

A9N005NT006 24 April, 2006

The Manager Incharge,Queens Land Theme Park,Chennai.

Dear sir,

Sub : Request for concession

We had visited & enjoyed your theme park during the year 2004, by arranging one day outing occasion along with our staffs & family members (Approximately 500 members).

We understand that you are providing concession to the group visitors, who had visited earlier. We by this letter request you to provide best concession to the bearer of this letter Shri. Abdul Vakil. A who is our executive, visiting theme park with his family members.

Kindly do the needful.

Thanking you,

For Enmas Andritz Private Limited

Chief Finance Manager.

From

Accounts DepartmentChennai – 18

To

The Site In-charge

05 June, 2006Dear Sirs,

We are receiving your site expenses statements periodically, thank you very much for the same. You are requested to submit the expenses statement as per the format enclosed, which is required by our auditors.

Statement of Account1. Statement of account should be prepared as per the format

enclosed. The voucher should be serially numbered and the serial number to be mentioned in the voucher as well as statement of account

2. The amount transferred to you for imprest should be shown in the receipt column of the statement.

3. Previous month’s closing balance if any should be carried forward to the next month statement as opening balance.

4. Statement of account to be certified by the site in-charge.5. The statement of accounts ( expenses statement ) to be prepared

from date 25th to 26th and the same to be sent to HO before 1st of every month.

Vouchers6. All vouchers should be supported by bills

Example. A. Purchase of consumables B. Telephone expenses

C. Canteen expenses (monthly)For expenses not containing bills ( Ex. Local Conveyance / Advance / Rent etc..) The recipient name & the details for which the amount paid should be narrated clearly in the towards column of the Voucher.Any payment made to contractor, please refer their Company name & individual name.

7. The voucher should be signed by the recipient & Site in-charge should authorise the same.

8. Creditors / Sub-contractors payment should not be made by cash at site.

9. Please ensure that Cash payment does not exceed Rs.20,000 to a single party in a single day.

10. For Cash payment made more than Rs.5,000/- please affix revenue stamp in the voucher & get the recipient signature.

Contractors / Purchase Bills10. Please send the following bills along with statement of accounts.

a. Sub-Contractors ( Pl. ensure our order reference to be mentioned)

b. Consumables Purchase (credit purchase) c. Vehicle hire d. Crane Hire

Duly certified by the area Engineer and passed by the site incharge.

Page … 2.

-: 2 :-

TDS11. The following expenses attract TDS, you are requested to deduct

TDS at the rates provided.

a. Vehicle hire on monthly basis - 2.266 % b. Contract for Machining charges - 2.266 % (Value exceeds

Welding m/c repair - 2.266 % 20,000 during c. Contract for labour supply - 1.133 % the year )d. Contract for Erection works - 1.133 %

e. House Rent (if monthly rent to a single- 15.45 %party exceeds Rs.10,000 Per month)

We request you to submit your site account statement by fulfilling the above requirements.

Thanking you,

With regards.

Chief Finance Manager.

Encl : Statement of Account format

NOTE FOR APPROVAL

Shri.N.Gopakumar 15 January, 2006Chief Finance Manager

Sir,

Sub.: Payment of Credit Limit processing fees.

We have been sanctioned a credit limit of Rs.4.26 Crores by ICICI Bank, which includes Fund & Non-fund base limit. For the above sanctionings, ICICI Bank have charged us a processing fee of Rs.5.00 Lakhs.

Request you to kindly sanction the processing fees.

Regards.


Jr. Accounts Executive.

A9N008NB0050 22 December, 2005

M/s. T.S. Sivaramakrishnan & Co.,Chartered Accountants,F.No.9, Archana Apartments,No.10, Sarangapani Street,T.Nagar, Chennai – 600 017.

Dear Sir,

Sub.: Audit Fee

Please find enclosed here with our Cheque no.280048 dt.22.12.05 for Rs.36,793 against your outstanding bills.

Kindly acknowledge the receipt.

Thanking you,

Yours faithfully,For Enmas Engenius Projects Ltd,

Authorised Signatory.

To 05 October, 2005

Shri. N. Gopakumar / Chief Finance Manager.

Sir,

Enmas Engenius Projects Ltd – have received Rs.5.00 Lakhs from M/s.GB Engineering Enterprises against erection works. Project department requires the full amount to meet site Labour payments.

We are having the following statutory payments, which is to be paid in due dates.

1. Service Tax 5.30 06.10.052. TDS 1.00 07.10.053. PF 0.85 10.10.05

7.15

Kindly advise.

Regards,

Abdul Vakil. A

A9N008NB001 February 10, 2005

The Income Tax Officer - Ward - 2,Gulbarga,Karnataka.

Dear sir,

Sub : Furnishing information U/s.133 (6) Ref : Your Lr. Fno/scr/ito/w-2/2004-05

With reference to your above letter regarding outstanding details of M/s.Lekshmi Engineering works. Please find enclosed the following.

a. Outstanding 2000-01 2001-022,85,097.15 14,43,650.15

(85097.15+1358553)

b. Account extract - enclosed

Thanking you,

Yours faithfully,For Enmas Engenius Projects Ltd,


From 27th October 2004K. Suresh Kumar443, Anna Salai, Teynampet,Chennai - 600 018.

ToThe Branch ManagerICICI Bank Limited1, Cenotaph RoadTeynampet, Chennai - 600 018

Dear Sir,

Sub.: Surrendering Fixed Deposit.Ref.: a. FD no.000115538572

b. My SB account no. 000101005375

I am enclosing here with the above referred fixed deposit duly discharged, request you to kindly cancell the deposit and credit the amount into my Savings Bank account.


Thanking you,

K. Suresh Kumar.

From 27th October 2004K. Suresh Kumar443, Anna Salai, Teynampet,Chennai - 600 018.

ToThe Branch ManagerICICI Bank Limited1, Cenotaph RoadTeynampet, Chennai - 600 018

Dear Sir,

Sub.: Surrendering Fixed Deposit.Ref.: a. FD no.000115235496 (old no.000115031715)

b. My SB account no. 000101005375

I am enclosing here with the details of the above referred fixed deposit, I have not received the original Deposit. Request you to kindly cancell the deposit and credit the amount into my Savings Bank account.


Thanking you,

K. Suresh Kumar.

EEPL:HO:GEN: 055 June 15, 2003

The Manager Finance,M/s.Enmas Andritz Pvt Ltd443, Annasalai, Teynampet,Chennai - 600 018.

Dear Sir,

Sub.: Request for advance payment - reg.

We request you to kindly release an amount of Rs.10,00,000/- (Rupees ten lakhs only) towards advance payment for deputing our Engineers for your various projects. The same can be adjusted against our future deputation claims.

Kindly release the amount as follows.

S.No

Favouring Amount

01 Lekshmi Engineering works 30000002 Engenius Erectors Pvt Ltd 30000003 Technimont ICB Ltd 20000004 Enmas Engenius Projects Ltd 200000

Total 1000000

Thanking you,

Yours faithfully,For ENMAS ENGENIUS PROJECTS LTD.,


EEPL:HO:GEN: 059 November 28, 2003


Dear Sir,


We request you to kindly release an amount of Rs.6,84,269.80/- (Rupees six lakh eighty four thousand two hundred sixty nine & paise eighty only) to meet our saffs Salary & Consultancy charges for the month of Nov'2003. The amount may directly be transferred to the the individuals account asper list enclosed.

The same can be adjusted against our future deputation claims for deputing our Engineers for your various projects.

Thanking you,



EEPL:HO:GEN: 068 December 30, 2003


Dear Sir,


We request you to kindly release an amount of Rs.5,83,746.45/- (Rupees five lakh eighty three thousand seven hundred forty six and paise forty five only) to meet our saffs Salary & Consultancy charges for the month of Dec'2003. The amount may directly be transferred to the the individuals account asper list enclosed.


Thanking you,



EEPL:HO:GEN: 068 January 28, 2004


Dear Sir,


We request you to kindly release an amount of Rs.6,98,553.65/- (Rupees six lakh ninety eighty thousand five hundred fifty three and paise sixty five only) to meet our saffs Salary & Consultancy charges for the month of Jan'2004. The amount may directly be transferred to the the individuals account asper list enclosed.


Thanking you,



EEPL:HO:GEN: 073 February 28, 2004


Dear Sir,


We request you to kindly release an amount of Rs.5,11,959.65/- (Rupees five lakh eleven thousand nine hundred fifty nine and paise sixty five only) to meet our saffs Salary & Consultancy charges for the month of Jan'2004. The amount may directly be transferred to the the individuals account asper list enclosed.


Thanking you,



EEPL:HO:GEN: 077 March 25, 2004


Dear Sir,


We request you to kindly release an amount of Rs.3,96,577.40/- (Rupees three lakh ninety six thousand five hundred seventy seven and paise forty only) to meet our saffs Salary & Consultancy charges for the month of Mar'2004. The amount may directly be transferred to the the individuals account asper list enclosed.


Thanking you,



Resolutions Yes Bank

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