required documents for financial assistance

8/7/2019 Required Documents for Financial Assistance

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Dear Mr. Mukherji, 27.02.2006

In reference to our discussion, we require the following documents in 3 SETS for

both the companies, namely Shape Machine Tools (P) LTd and Press Tools Ind. (P)

Ltd.:-

Memorandum of the company

Balance sheet of the company with Tax audit report, for last three years each

Income Tax returns of the directors of the company for last three years with computation

Net worth Statement of all the directors, along with the supporting documents.

Photographs of all the directors

Photocopy of the land documents for the property to be offerred as collateral.

List of existing machineries and Quotation if any of the plant and machineries to be purchased

Brief profile of the company

Last sanction letter of bank

List of Shareholders of the company

List of Directors

Copies of Form 32 regarding change in the directorships of the company.

Copy of ID Proof of the directors of the company.

Copy of SSI Registration Certificate.

Copy of NOC from Pollution Control Board.

Copy of Sales Tax Registration Certificate.

Copies of Orders in hand.

Copy of Approved Building Plan.

Manufacturing Process Chart

List of Major Clients

Regards


2/39

Mukesh Mohan Gupta


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U.P. FINANCIAL CORPORATION, REGIONAL OFFICE, .

PROPOSAL FOR REGISTRATION OF NEW LOAN APPLICATION.

1. a) Name of Concern :

b) Location of Unit :

2. Item of Manufacture :

3. Reason for selection of project :

4. COST OF PROJECT : (Rs. in lacs)

------------------------------------------------------------------------------------------

S.No. Particulars. Proposed Cost

------------------------------------------------------------------------------------------

1. Land.

2. Factory Building.

3. Plant & Machinery.

4. Escalation & Contingencies.

5. Other Fixed Assets.

6. Preliminary & Pre-op. Expenses.

7. I.D.C.P.8. M.M. for Working Capital.

-----------------

Total

-----------------

5.. MEANS OF FINANCING :

1. Capital

2. Term Loan

3. Unsecured Loan.

4. Advance against booking.

---------Total

---------

6. (a) Name of present partners alongwith their permanent addresss (performance of existing

concern) :

--------------------------------------------------------------------------------------------------------------------

S.No. Name Fathers Name Address.

--------------------------------------------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------------------------


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(b) PERFORMANCE OF EXISTING ACTIVITY :

7. Are the Directors/partners living in

Rented house/family or own house :

--------------------------------------------------

8. Financial Status/Technical Background/qualification of directors/partners & experience in

brief:

----------------------------------------------------------------------------------------------------------------

S.No. Name Age Qualification Experience.

----------------------------------------------------------------------------------------------------------------

9. Tax Status of promoters ( Amount in rupees )

Mr.-------------------------------------------------------------------------------------------------------------------

Asstt.year. Goss income Taxable income Tax due Tax paid.

-------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------

Mr.

-------------------------------------------------------------------------------------------------------------------

Asstt.year. Goss income Taxable income Tax due Tax paid.-------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------


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10. Existing activities of the directors alongwith past performance of units in which interested

giving working results of the last three years.

-------------------------------------------------------------------------------------------------------------------

S.N. Particulars. 2002-03 2001-02 2000-2001

--------------------------------------------------------------------------------------------------------------------

1. Sales

2. Profit before t ax

3. Cash accruals.

4. Fixed assets.

5. Net worth.

--------------------------------------------------------------------------------------------------------------------

11. Have the directors/partners availed loan from the Corporation in the past, if yes the record

account position.

--------------------------------------------------------------------------------------------------------------------

12. Have the existing concern/associated concern, directors/partners availed loan from any financial

institution/bank, if yes, the account position of existing unit/sister concern.

--------------------------------------------------------------------------------------------------------------------

13. OTS done in the past, if any in this unit/sister/family concern.

--------------------------------------------------------------------------------------------------------------------

14. Comments on Site selection :--------------------------------------------------------------------------------------------------------------------

15. Whether Collateral security can be offered, if yes, its quality & tentative value :

--------------------------------------------------------------------------------------------------------------------

16. Comments on Market Scope & market tie-up, if any:

--------------------------------------------------------------------------------------------------------------------

17. Existing Bank limits, if any & opinion of Banker :

--------------------------------------------------------------------------------------------------------------------

18. Performance of similar units in the region :

--------------------------------------------------------------------------------------------------------------------

19. Details of SSI Registration, if any :

--------------------------------------------------------------------------------------------------------------------

20. Any other information considered relevant to the case :

--------------------------------------------------------------------------------------------------------------------

21. Comments/recommendation of Regional Manager :

--------------------------------------------------------------------------------------------------------------------

The case is recommended for registration.


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SANCTION

Three sets each of the following:-

1. Application Form

2. Constitution proof i.e. Memorandum of the company/ Partnership deed/ Firm registration

3. Audited accounts of the co/firm for last three years

4. I T Returns of the co./firm for the last three years

5. I T Returns of the directors of the co./partners of the firm for the last three years

6. Bio data of the prop./partners/directors on the enclosed format

7. Details about the past experience of the prop./partner/director/firm/company

8. Name and address of the existing bankers.

9. Documents of land

10. Building plan

11. Details and quotation of plant & machinery proposed to be purchased

12. Details of installed capacity (To be discussed)13. Details about selling price, raw material and other expenses (To be discussed)

14. Sanction letter of present credit facility, if any.

15. Audited accounts of the sister concern of the co/firm for last three years

16. I T Returns of the sister concern of the co./firm for the last three years

LEGAL DOCUMENTATION

1. Certificate of incorporation, Certificate of commencement of business, Memorandum of the

company/Partnership deed, firm registration, Form A, B, C

2. List of Directors and Shareholders duly certified by the Chartered Accountant of the co.3. Resolution to avail loan

4. Specimen signatures and photographs of the prop./partners/directors.

5. No Set Off letter from bank

6. Complete chain of Original documents of land (To be submitted directly at the bank/FI)

7. N E C

8. Building plan

9. Stamp papers

10. Mutation, if required

11. Details of compounding and other charges to GDA/Noida etc.

DISBURSEMENT

1. C A Certificate for the investment raised by the organization with affidavit

2. Details of payments made for land and plant & machinery, with cheque clearance

3. Insurance

04. Receipts of compounding and other charges to GDA/Noida etc.


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AFFIDAVIT

I, .., Prop./Partner/Director of M/s , having regd. Office at

. take on oath and declare as follows : -

1. At our request, the Corporation has sanctioned a TERM LOAN of Rs. ..(Rupees ) to the above named company for their Project coming

up at ..

2. That the certificate(s) attached here to relating to the raising of Capital & expenditure

incurred on the capital assets has been given by M/s

Chartered Accountants, who

are Chartered Accountants, within the meaning of Chartered Accountants Act, (XXXVIII of 1949).

3. That the deponent affirms that the said Certificate is genuine, made, and signed by

the said Chartered Accountants.

4. That the deponent affirms that the capital raised as mentioned in the enclosed C.A.

certificate is his own Share Capital and the same has been invested in the

implementation of the project financed by the Corporation and as per details given in

the enclosed C.A. certificate.

5. That the deponent affirms that the expenditure incurred through him and mentioned

in the C.A. Certificate relates to the same Project which has been financed by the

corporation and which has been installed at the premises mortgaged to the

Corporation.

6. That the deponent affirms that the investment made through him in the acquisition of

the fixed assets are as per the terms and conditions of the fixed assets are as per the

terms and condition of the sanction letter dated . and according the

Schedule approved by the Corporation.

7. That the deponent affirms that no financial assistance has been availed from either by

any other financial institution or from the bank for the same project.

8. That the deponent hereby undertake for an on behalf of the said firm that the said

concern shall arrange funds from its own resources to meet the over-run/shortfall, if

any, in financing the Capital Cost of the above mentioned Project and shall alsoarrange for funds for the working capital required for completing and running the

said unit.

DEPONENT

I, . declare that the contents of Para 1 to 8 are true to personal knowledge and

nothing material to the point referred to therein has been concealed or mis-stated, so help

me God.

DEPONENT


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To

The Regional Manager

UPFC

Dear Sir

We hereby certify that we have audited the Books of A/c of M/s- ______________ of which __________________________ is/areProprietor/Partners/Directors, and verify that the following expenditure has beenincurred and invested and have found the same in order, according to invoices,Bills, supporting information and explanation given to us, in the project coming upat for the manufacture of in the following heads:-

------------------------------------------------------------------------------------------------------------

Sl. No. Heads As on the date Invested

of submission from_____

of loan application to ______i.e.

(Depreciated).

------------------------------------------------------------------------------------------------------------

1. Land Rs. Rs.

2. Factory Building Rs. Rs.

3. Plant & Machinery (as per Rs. Rs.

statement enclosed)

4. Technical known how fee Rs. Rs.

5. Other fixed assets (as per Rs. Rs.

statement enclosed)6. Interest during construction Rs. Rs.

Period(UPFC loan)

7. Preliminary & Pre-operative expenses Rs. Rs.

8. Advance made in addition to the above Rs. Rs.

(as per statement enclosed)

i) Against land Rs. Rs.

ii) Against Building Rs. Rs.

iii) Against Plant & Machinery Rs. Rs.

iv) Others Rs. Rs.

---------------------------------------------

Rs. Rs.----------------------------------------------


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The above has been financed from following sources :-

1. Proprietors /Partners own Capital/Paid

up Capital of Company

2. UPFC Loan

3. Margin Money Loan

4. Capital Subsidy

5. i) Deposits

ii) Unsecured Laon

iii) Un-paid liabilities

* The other details of the capital structure as on of the company is as under :-

i) Authorised Share Capital Rs.

ii) Subscribed Share Capital Rs.

iii) Issued Share Capital Rs.

iv) Paid-up Share Capital Rs.

v) Calls in arrear, if any Rs.

Place:

Date:

NAME OF THE CHARTERED ACOUNTANT

MEMBERSHIP NO.

NAME OF THE FIRM

ADDRESS


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STATEMENT OF ADVANCES GIVEN BY

M/S ____________________ UPTO ______________

FOR THE PURCHASE OF NEW PLANT

AND MACHINERY ONLY

---------------------------------------------------------------------------------------------------------------------------------

-S. NO. Name of the Order No./ Amount of AMOUNT PAID WITH DATE Details of Mach- S. No. of the

Suppliers Order order Date of Amount Total inery as per order schedule ofwith address Confirmation payment amt. placed with proposed

No. & date paid specification machinesagainst

whichmachinery isto bepurchased

------------------------------------------------------------------------------------------------------------------------------------------------------------------------


11/39

THE LETTER OF NO SET OFF ISSUED BY A BANK IN FAVOUR OF

THE U. P. FINANCIAL CORPORATION, 14/88, CIVIL LINES KANUR.

THE U. P. FINANCIAL CORORATION,

14/88, CIVIL LINES,

KANUR.

Dear Sir,

We (name of the bank) hereinafter referred to as The

Bank hereby agree and undertake that the amount of loan of Rs. .

( Rs. ) or part thereof advanced and/or to be advanced by the U.P.

Financial Corporation to M/s. a Private Limited/Public Ltd.Co./Partnership/Sole Prop. Concern hereinafter referred to as THE LONEE under the

mortgage deed executed to be executed by the said loanee securing the loan in your shall be kept

in a separate account known as SPECIAL ACCOUNT opened and/or to be opened by the

loanee for the purpose and no amount from the said SPECIAL ACCOUNT shall be set off

and/or adjusted against any money due and payable by the said loanee to the bank under any

credit agreement/arrangement other account which the said loanee may be having with the Bank.

Yours faithfully

( To be signature an authorised official of

the bank under the bank stamp)


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BIO DATA OF SH..

a) Name :b) Fathers / Husbands Name :c) Residence :d) Age and Date of birth :e) Educational Qualification :f) Experience :g) Tax Status

( Amount in rupees )------------------------------------------------------------------------------------------------------------Asstt.year. Gross income Taxable income Tax due Tax paid.------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------

DETAILS OF NET WORTH :

IMMOVABLE PROPERTIES Amount

(Rs./Lac)

Total Immovable Property (A)

MOVABLE PROPERTIES

JewelleryCash & Bank BalanceHousehold Assets

Capital in M/s .. as on..Vehicles No. Model.FDRsNSCLICTotal Movable Assets (B)

Total Assets (A+B)

Less :Liabilities

Net Worth

Note:- Proof of all the assets is required to be attached


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UTTAR PRADESH FINANCIAL CORPORATION

REGIONAL OFFICE : SECTOR VI : NOIDA

FORM OF SPECIMEN SIGNATURE

Attested signature of Sri .. SoleProprietor/Partner/ Directors of M/s who has signedbefore me and is personally known to me orthrough

(BANK RUBBER STAMP)


14/39

BEFORE U.P. FINANCIAL CORPORATION HEAD OFFICE / REGIONAL OFFICE

AFFIDAVIT ON BEHALF OF M/S

I / We . am / are proprietor/partners/directors of M/s. as such are fully conversant with the facts being deposed tohereunder :-

1. M/s ., have submitted loan application forFATL/WCTL assistance for their project to be set up/proposed to be setup at .

2. The deponent has been appraised of relevant information/papersenquired in connection with the loan proposal.

3. The deponents certify that the information/papers/documents assuggested above havebeen submitted and the same are true, genuine & correct to the bestof my knowledge.

4. The deponents further undertake that the borrower & deponentswould be liable for all the legal consequences including cancellation ofloan in case documents/papers/information are found to be false &incorrect at any stage.5. The company has not availed any financial assistance from any

bank/FI.6. The company/directors are not in default of any statutory liability.7. That the company/ sister concerns have already completed thefollowing projects:-

DEPONENT

I / We the deponents narrated above do hereby solemnly state & declarethat contents of para 1 to 6 are true to my personal knowledge, nothingmaterial has been concealed or misstated. So help me God.

Verified this . day of . 2003 at

DEPONENT


15/39

BEFORE U.P. FINANCIAL CORPORATION REGIONAL OFFICE GHAZIABAD

AFFIDAVIT ON BEHALF OF M/S GHARONDA CONSTRUCTION COMPANY

I Avdhesh Mavi is proprietor/partners/directors of M/s Gharonda ConstructionCompany, 469 A, Shalimar Garden Ext. I, Ghaziabad, as such are fully conversantwith the facts being deposed to hereunder :-

1. M/s Gharonda Construction Company, 469 A, Shalimar Garden Ext. I,Ghaziabad,, have submitted loan application for FATL/WCTL assistancefor their project to be set up/proposed to be set up at 9/94 A and 94 B,Sector 3, Rajender Nagar, Shahibabad, Ghaziabad.

2. The deponent has been appraised of relevant information/papersenquired in connection with the loan proposal.

3. The deponents certify that the information/papers/documents assuggested above havebeen submitted and the same are true, genuine & correct to the bestof my knowledge.

4. The deponents further undertake that the borrower & deponentswould be liable for all the legal consequences including cancellation ofloan in case documents/papers/information are found to be false &incorrect at any stage.

DEPONENT

I Avdhesh Mavi the deponents narrated above do hereby solemnly state &declare that contents of para 1 to 4 are true to my personal knowledge, nothingmaterial has been concealed or misstated. So help me God.

Verified this 9th day of August 2003 at Ghaziabad

DEPONENT


16/39

BEFORE U.P. FINANCIAL CORPORATION REGIONAL OFFICE GHAZIABAD

AFFIDAVIT ON BEHALF OF M/S GHARONDA CONSTRUCTION COMPANY

I is proprietor/partners/directors of M/s ..,Ghaziabad, as such are fully conversant with the facts being deposed to hereunder:-

1. M/s ..,, have submitted loan application forFATL/WCTL assistance for their project to be set up/proposed to be setup at , Ghaziabad.2. M/s has already completed the

residential project at the following address:-

3. The partners have also completed the following residential cumcommercial projects:-

DEPONENTI .. the deponents narrated above do hereby solemnly state &declare that contents of para 1 to 4 are true to my personal knowledge, nothingmaterial has been concealed or misstated. So help me God.

Verified this day of 2003 at Ghaziabad

DEPONENT


17/39

BEFORE U.P. FINANCIAL CORPORATION REGIONAL OFFICE GHAZIABADAFFIDAVIT ON BEHALF OF M/S GHARONDA CONSTRUCTION COMPANY

I Avdhesh Mavi is proprietor/partners/directors of M/s Gharonda ConstructionCompany, 469 A, Shalimar Garden Ext. I, Ghaziabad, as such are fully conversantwith the facts being deposed to hereunder :-

3. M/s Gharonda Construction Company, 469 A, Shalimar GardenExt. I, Ghaziabad,, have submitted loan application for FATL/WCTLassistance for their project to be set up/proposed to be set up at 9/94A and 94 B, Sector 3, Rajender Nagar, Shahibabad, Ghaziabad.4. M/s Gharonda Construction Company has already completed theresidential project having seven MIG flats, at the following address:-

i. Plot No 114, Shalimar Garden Ext.I, Ghaziabad

3. I am also partner with M/s Vardhman Construction Company. This firm

has already completed the following residential cum commercialprojects:-

ii. Plot No 778, Shalimar Garden Ext.I, Ghaziabad having12 Nos. MIG flats.

iii. Plot No.498 Shalimar Garden Ext.I, Ghaziabad having 8Nos. LIG flats and 6 Nos. shops.

4. I have also completed the following commercial project in myindividual capacity:

i. Plot No. 469 A, Shalimar Garden Ext. I, Ghaziabad withbasement and three floors.

DEPONENTI Avdhesh Mavi the deponents narrated above do hereby solemnly state &

declare that contents of para 1 to 4 are true to my personal knowledge, nothingmaterial has been concealed or misstated. So help me God.

Verified this 9th day of August 2003 at Ghaziabad

DEPONENT


18/39


19/39

DECLARATION

The U. P. Financial Corporation constitution under a statutory body incorporated under the State

Financial Corporation Act No. 1, XIII having its Registered Office at 14/88, Civil Lines, Kanpur

(hereinafter called the subject or context thereof mean and include its successors and assigns) and the

company i.e. B C Real Estate Private Limited having office at 385, Kohat Enclave, Pitampura, Delhihaving agreed to establish an ESCROW ACCOUNT with its Bank for revenue collection and to give

irrevocable instructions to such Bank to pay to the Corporation, amounts due but not paid by the

company immediately on receipt of notice of payment from the corporation.

The U.P. Financial Corporation has sanctioned a loan of Rs. 23,00,000.00 (Rs. twenty three lacs Only)

vide sanction advice no 6851 dated 20th October, 2003 for a period of 4 years on interest of 15% (With

12 months gestation period) payable on quarterly basis.

The directors of the company in its meeting held on 20th day of November, 2003 has decided to open an

ESCROE ACCOUNT in favor of corporation, and has also authorised the Bank to fulfill the obligations

as per Irrevocable letter of Authority (Copy of the Board Resolution attached).

That the company has opened an ESCROE ACCOUNT bearing no. with Punjab National Bank,

Kaushambi, Ghaziabad. The said ESCROE ACCOUNT will be valid till such time that the loan taken by

company from corporation alongwith interest and other liabilities is fully repaid.

That the revenue of the company from the sale of flats shall be remitted to the above ESCROE

ACCOUNT for collection of escrow on account no. with the Punjab National Bank, Kaushambi,

Ghaziabad by means of transfer on any other mode of payment on a day to day basis. We undertake that

the collections of any amount made by the company will deposited only in the above mentioned

ESCROE ACCOUNT.

That an Irrevocable letter of Authority in favor of the said bank duly executed by the company for the

purpose of maintenance and operation of the said ESCROE ACCOUNT has been given to the said bank,

a copy of which duly authenticated is annexed herewith and the Irrevocable letter of Authority so given

shall from an integral part of this Declaration as if set with hereunder and shall be binding on the

company.


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That the company shall not revoke or recall the said letter of authority given in favor of the said bank so

long as any amount is due to the corporation towards principal of the loans with interest thereon and all

cost and expenses therewith and so long as the corporation has not informed the company and the

ESCROE ACCOUNT Bank in writing that all amounts have duly received by the corporation in period

to the loan, interest, penal interest, costs and expenses.

That company certifies that they will not avail any Overdraft/Cash Credit facility against this ESCROE

ACCOUNT. Company also undertakes to create Ist charge of Corporation on this ESCROE ACCOUNT

and to complete the formality in this regard including filing of requisite returns/formalities with registrar

of companies.

Till the entire loan amount along with interest thereon and any other related liability has been discharged

fully, the company shall not been open any other account or establish any other mode for realization. In

the event company intends to open any other mode for the purpose of collection of its

revenues/realization other than as provided in the said irrevocable letter of its Authority, the company

shall obtain prior consent of the corporation before opening any other account reestablishing any other

mode for the purpose of collection its revenues/ realization. The company further undertakes to direct tothe bank to provide all information and/or statements etc. to corporation regarding operation, conduct

and transaction of this ESCROE ACCOUNT as may be required by corporation from time to time.

That the corporation shall without prejudice to its other rights and remedies be entitled to recall the loan

covered under the Memorandum of Agreement at any time before the due dated for repayment thereof,

if the company fail to fulfill its obligations under this declaration or any other documents executed in

connection with the loan and/or in the event of its committing a breach of any of the terms thereof.

Yours faithfully,

Encl.: Irrevocable letter of authority.

Place: Ghaziabad

Date: 28.11.2003


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To,

The Branch Manager,Punjab National Bank,

Kaushambi, Ghaziabad

Subject : - OPENING OF ESCROW ACCOUNT OF M/S B C REAL ESTATE PRIVATE

LIMITED WITH YOUR BANK.

Dear Sir,

In reference to our request for opening of Escrow account with you in the name of our

company, we have to state as under : -

1. We hereby authorise the bank to remit 40% of deposits to U.P. Financial Corporation

Ghaziabad, as and when required by U.P.F.C.

2. We understand that the bank is no way liable in any manner towards the repayment and

settlementof loan availed from U.P.F.C, Ghaziabad, in case deposits are not made by us in the aboveaccount.

3. We undertake to fulfill our commitment towards the repayment of loan of U.P.F.C.,

Ghaziabad.

4. We undertake at all times hereafter, to save, defend and keep your bank harmless and

indemnified of and from all manner of action, suits, claims and demands of whatsoever from all

damages, costs, losses and charges which you may at any time hereafter sustain bear or be put to by

reason of your having maintaining our Escrow account in respect of, any transaction that arise from

or are incidental to each dealing.

Thanking you.

Yours faithfully,

For B C Real Estate Private Limited

Director


22/39

CREDIT REPORT TO BE FURNISHED BY BANK TO STATE FINANCIAL CORPORATION ACT IN

RESPECT OF THE BANKS CLIENT (MARKET OPINION INFORMATION COLLECTED FROM

OUTSIDE MARKET REPORT)

BANK CREDIT REPORT OF M/S

01. Honesty & Integrity of the proprietor /partners

/directors/ of the unit.

02. Estimated personal worth of the proprietor/

partners/ directors / guarantor if any

03. Opinion regarding outside liabilities, credit

worthiness & reputation for meeting business

commitments.

04. Technical ability of the unit with particular

reference to the background and experience

of proprietor /partners/ directors

05. Information on associated/ allied sister concern

and their standing & credit worthiness.

06. Marketability of the product manufactures/

proposed to be manufactured.

07. Net industrial worth as per Field officer/

Head cashier

08. Whether you agree in principle to sanction

working capital to the unit.

BANK OPTION

The proprietor/ partners/ borrowing unit hold current account with the bank since ..

DETAILS OF BORROWINGS ACCOUNTS

-------------------------------------------------------------------------------------------------------------------------------

Nature of A/C Limit sanctioned Balance outstdg. Conduct of a/c

---------------------------------------------------------------------------------------------------------------------

BANK SEAL SIGNATURE


23/39


24/39

AFFIDAVIT

Affidavit for the use of UPFC of Sri.. S/o Sri . R/o ..

Directors/Sole Proprietor of M/s

The aforesaid deponent named above state on oath as under : -

1. That the deponent (s) is/are Director / Sole Prop./Partners of M/s and

as such the deponent(s) is/are fully acquainted with facts being deposited to hereunder.

2. That the deponent has/have purchased land bearing No. .. situated at .

from Noida / Shri .. S/o Shri. .. R/o .. for

setting up his/their industrial unit.

3. That the deponent has/have also applied for approval of the building plant in respect of

his/their industrial unit before the Development Authority in accordance with the scheme as

approved by the UPFC for sanction of term loan of Rs..

OR4. The building plan in respect of plot No. situated at .. Noida

has been approved by NOIDA in accordance with the scheme as approved by the UPFC for

sanction of term loan of .

5. That the deponent(s)/has/have also taken all measures and precautions, that the construction

of the building of industrial unit shall not violate the provision of U.P. Road side Land

Control Act or any other statutes on points of its location and construction etc.

6. That the deponent(s) shall also abide by the relevant provisions of Urban Land Ceiling Act

and of other statutes which from time to time issued by the Govt. and the breach of it or any

of them shall be the personal risk and liability of the deponent(s).

7. That the deponent shall not raise any objections, in case the Corporation recalls its loan, due

to non compliance or violations of any statutes contrary to the interest of the corporation.

The Corporation shall be fully empowered to exercise its rights to recover the entire loan

together with interest and other expenses etc. without giving any notice to the deponent.

The deponent do hereby undertake to indemnity the UPFC from any loss caused to it on

account of any lapse, commission and Acts of the deponent(s) which may endanger the

security/interest of UPFC, obtaining of various statutory approvals/permission etc. shall

be the personal responsibility of the deponents.

8. That the industrial unit, is a small scale industry and the cost of the machines and equipmentin its including plant and machinery to be purchased with the help of loan from the U.P.

Financial Corporation, Kanpur does not exceed Rs. 0.00 lacs.

9. That the sole prop./ partner of the borrowing firms/directors of the borrowing company is/

are not an employee/ employees of any institution controlled by the State Government.

10. That the borrower/partners of the borrowing firm/directors of the borrowing has/have

obtained permission of the State Government Department concern of which he/ they/ is/ are

employees to associate him/them with the proposed industry.

11. That the sole/partners of the borrowing firm/directors of the borrowing company is/areconnected/not connected with any concern of industrial unit already financed by the

Corporation/State Government or any other financial corporation.

12. That no enquiry is pending against me/firm/company above named for any economic

offence by the State Government or by Central Government.


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VERIFICATION

I/ We the deponents named above do hereby solemnly affirm and declare that contents of Para 1

to 12 above are true to my/our personal knowledge, nothing material thereto has been concealed or mis-

stated so help me God.

Signed and verified this .. day of in the year at Noida

(DEPONENT)


26/39

To,

The Regional Manager,

U P Financial Corporation,

Ghaziabad.

Dear sir,

Reg.: DISBURSEMENT OF OUR LOAN

In reference to above we are enclosing the following:-

1. Corrected C A Certificate

2. Insurance cover note for the building.

Hope you will find the same and will kindly arrange for the disbursement of our loan.

Thanking you.

Yours faithfully,

For J K G Construction Private Limited

Director


27/39

AFFIDAVIT

I, Rakesh Chawla Director of M/s B C Real Estate Private Limited having regd. Office at 385, Kohat

Enclave, Pitampura, Delhi take on oath and declare as follows : -

1. At our request, the Corporation has sanctioned a TERM LOAN of Rs. 23,00,000.00 (Rupees

twenty three lacs to the above named company for their Project coming up at 4/451, Vaishal,

Ghaziabad

2. That the certificate(s) attached here to relating to the raising of Capital & expenditure incurred on thecapital assets has been given by M/s Arjun & Co., C 2/4 Pragati Market, Ashok Vihar, Delhi,

Chartered Accountants, who are Chartered Accountants, within the meaning of Chartered

Accountants Act, (XXXVIII of 1949).

3 That the deponent affirms that the said Certificate is genuine, made, and signed by the said

Chartered Accountants.

4 That the deponent affirms that the capital raised as mentioned in the enclosed C.A. certificate is

his own Share Capital and the same has been invested in the implementation of the project

financed by the Corporation and as per details given in the enclosed C.A. certificate.

5 That the deponent affirms that the expenditure incurred through him and mentioned in the C.A.

Certificate relates to the same Project which has been financed by the corporation and which has

been installed at the premises mortgaged to the Corporation.

6 That the deponent affirms that the investment made through him in the acquisition of the fixed

assets are as per the terms and conditions of the fixed assets are as per the terms and condition of

the sanction letter dated . and according the Schedule approved by the Corporation.

7 That the deponent affirms that no financial assistance has been availed from either by any other

financial institution or from the bank for the same project.


28/39

8 That the deponent hereby undertake for an on behalf of the said firm that the said concern shall

arrange funds from its own resources to meet the over-run/shortfall, if any, in financing the

Capital Cost of the above mentioned Project and shall also arrange for funds for the working

capital required for completing and running the said unit.

DEPONENT

I, Rakesh chawla declare that the contents of Para 1 to 8 are true to personal knowledge and nothingmaterial to the point referred to therein has been concealed or mis-stated, so help me God.

DEPONENT


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AFFIDAVIT

I, M P S Madan s/o Late Sh K S Madan R/0 D 43, Sector 21, Noida take on oath and declare as

follows : -

1. At our request, the Corporation has sanctioned a TERM LOAN of Rs. 21,00,000.00 (Rupees

twenty one lacs to the above named company for their Project coming up at 5/79, Sector 5, T H A

Residential Colony, Rajender Nagar, Ghaziabad

2. That the certificate(s) attached here to relating to the raising of Capital & expenditure incurred onthe capital assets has been given by

M/s

., Chartered Accountants, who are Chartered Accountants, within the meaning of

Chartered Accountants Act, (XXXVIII of 1949).

9 That the deponent affirms that the said Certificate is genuine, made, and signed by the said

Chartered Accountants.

10 That the deponent affirms that the capital raised as mentioned in the enclosed C.A. certificate is

his own Share Capital and the same has been invested in the implementation of the project

financed by the Corporation and as per details given in the enclosed C.A. certificate.

11 That the deponent affirms that the expenditure incurred through him and mentioned in the C.A.

Certificate relates to the same Project which has been financed by the corporation and which has

been installed at the premises mortgaged to the Corporation.

12 That the deponent affirms that the investment made through him in the acquisition of the fixed

assets are as per the terms and conditions of the fixed assets are as per the terms and condition of

the sanction letter dated 19.06.2003 and according the Schedule approved by the Corporation.

13 That the deponent affirms that no financial assistance has been availed from either by any other

financial institution or from the bank for the same project.


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14 That the deponent hereby undertake for an on behalf of the said firm that the said concern shall

arrange funds from its own resources to meet the over-run/shortfall, if any, in financing the

Capital Cost of the above mentioned Project and shall also arrange for funds for the working

capital required for completing and running the said unit.

DEPONENT

I, M P S Madan declare that the contents of Para 1 to 8 are true to personal knowledge and nothing

material to the point referred to therein has been concealed or mis-stated, so help me God.

DEPONENT


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BEFORE U.P. FINANCIAL CORPORATION HEAD OFFICE / REGIONAL OFFICE,

GHAZIABAD

AFFIDAVIT ON BEHALF OF M/S Ultra Home Constructions Private Limited, 19 EBahubali Enclave, New Delhi

I Shiv Priya S/o Sh K M Sharma am directors of M/s Ultra Home ConstructionsPrivate Limited ,as such are fully conversant with the facts being deposed tohereunder :-

1. M/s Ultra Home Constructions Private Limited have submitted loanapplication for FATL assistance for their projects to be set

up/proposed to be set up at 6/158, Vaishali, Ghazianbad, 4/204,Vaishali, Ghazianbad, 1/275, Vaishali, Ghazianbad and 1/199, Vaishali,Ghazianbad.

2. The deponent has been appraised of relevant information/papers

enquired in connection with the loan proposal.

3. The deponents certify that the information/papers/documents assuggested above havebeen submitted and the same are true, genuine & correct to the best

of my knowledge.

4. The deponents further undertake that the borrower & deponentswould be liable for all the legal consequences including cancellation ofloan in case documents/papers/information are found to be false &incorrect at any stage.

5. The company has not availed any financial assistance from anybank/FI.

6. The company/directors are not in default of any statutory liability.

DEPONENT


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I Shiv Priya the deponents narrated above do hereby solemnly state &declare that contents of para 1 to 6 are true to my personal knowledge,nothing material has been concealed or misstated. So help me God.

Verified this 15th day of December 2003 at Ghaziabad

DEPONENT

BIO DATA OF SH. MADAN MOHAN SHARMA

a) Name : Mr Madan Mohan Sharmab) Fathers / Husbands Name : Late Sh M P Singhc) Residence : E 19, Bahubali Enclave,

Delhi 110092

d) Age and Date of birth : 66 years, 15.07.1937e) Educational Qualification : Graduateg) Experience : He is having about 15 years

experience in theConstruction business.

g) Tax Status( Amount in rupees )

------------------------------------------------------------------------------------------------------------

Asstt.year. Taxable income Tax due Tax paid.-----------------------------------------------------------------------------------------------------------

-2003-04 3,22,626.00 46,923.00 46,923.002002-03 3,00,000.00 65,280.00 65,280.002001-02 1,92,298.00 24,710.00 24,710.00-----------------------------------------------------------------------------------------------------------

-DETAILS OF NET WORTH :

IMMOVABLE PROPERTIES

i. 35 Acre Ancestral agriculture landat vill. Pandarak, Distt Patna

ii. 19 E, Bahubali Enclave, Delhi 92, aresidential building with four storiedconstructed (135 sq. yards)

Amount(Rs./Lac)

120.00

80.00

Total Immovable Property (A) 200.00

MOVABLE PROPERTIES

Jewellery 5.00Cash & Bank Balance 2.00Household Assets


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Capital in M/s Home Construction,GhaziabadCapital in M/s Ultra Home Construction PvtLtdCapital in M/s Home Construction ShalimarPvt LtdCielo Car No.UP 16-8594Santro Car DL7 C 8458FDRsNSC

12.8716.885.172.503.005.000.50

Total Movable Assets (B) 52.92

Total Assets (A+B) 252.92

Less :Liabilities NIL

Net Worth 252.92

BIO DATA OF SH. SHIV PRIYA

a) Name : Mr Shiv Priya

b) Fathers Name : Sh K M Sharma

c) Residence : 381, Dr Mukharjee Nagar,Delhi 1100009

d) Age and Date of birth : 29 years,18.02.1974

e) Educational Qualification : B E (Civil)

h) Experience : He is having about 8 yearsexperience in the

Construction business. He started hiscarrer with M/s Sungai Way Group atMalaysia, one of the biggest groupconstructing multi storied buildings andshopping malls in South East Asiaoperating in different countries asSingapore, Indonesia, India as well. Thenhe joined Mitsui Construction (Japan) andwas supervising the construction projectof Suzuki and Honda.He then started his own construction

business since 2000.

g) Tax Status( Amount in rupees )

------------------------------------------------------------------------------------------------------------


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Asstt.year. Taxable income Tax due Tax paid.-----------------------------------------------------------------------------------------------------------

-2003-04 2,70,463.00 17,637.00 17,637.002002-03 1,98,346.00 22,664.00 22,664.002001-02 1,02,516.00 3,307.00 3,307.00-----------------------------------------------------------------------------------------------------------

-

DETAILS OF NET WORTH OF MR SHIV PRIYA:


i. 10 Acre share ancestral agriculture land at P O MainGaya, Bihar

ii. L / 3, A P Colony, Gaya, a residentialhouse on 300 sq. mtrs plot with threestoried in the name of the father (1/2 shareconsidered)

iii. 200 sq. mtrs plot in Shekpura, Patna inthe name of the father (1/2 shareconsidered)

iv. 250 sq. mtrs plot at 6/162, Vaishali

v. 250 sq. mtrs plot at 6/163, Vaishali

Amount(Rs./Lac)

25.00

11.00

4.00

25.00

25.00

Total Immovable Property (A)

MOVABLE PROPERTIES

Jewellery 2.00Cash & Bank Balance 2.00

Capital in M/s Home Construction, DelhiCapital with Ultra Home Construction Pvt


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LtdHonda City Model Dec. 2003Maruti 800 No. BR 1 M 9834F D R

N S C

LIC

7.001.005.002.001.75

Total Movable Assets (B)

Total Assets (A+B)

Less :Liabilities Car Loan 6.60

Net Worth


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BIO DATA OF SH. AJAY KUMAR

a) Name : Mr Ajay Kumar

b) Fathers / Husbands Name : Sh K P Singh

c) Residence : 2 B/169, Vaishali, Ghaziabad

d) Age and Date of birth : 38 years, 26.01.1966

e) Educational Qualification : Post Graduate

i) Experience : He is having about 5 yearsexperience of the

Construction line

g) Tax Status (Amount in rupees)------------------------------------------------------------------------------------------------

Asstt.year. Taxable income Tax due Tax paid.------------------------------------------------------------------------------------------------2003-04 2,16,877.00 3,956.00 3,956.002002-03 1,02,853.00 2,984.00 2,984.002001-02 64,080.00 994.00 994.00-----------------------------------------------------------------------------------------------

DETAILS OF NET WORTH :


i. Flat at 2 B/169, Vaishali,Ghaziabad

ii. 60 Acre Agriculture land at vill.Sadanandpur, Distt. Debu Sarai,Bihar

Amount(Rs./Lac)

8.50

100.00

Total Immovable Property (A) 108.50

MOVABLE PROPERTIES

Jewellery 1.00Cash & Bank Balance 4.00

Capital in M/s Ultra Home Construction PvtLtdVehicles No. DL 2CB 4049 Maruti 800FDRs, NSC ETC

8.582.001.00

Total Movable Assets (B) 16.58

Total Assets (A+B) 125.08

Less :Liabilities NIL

Net Worth 125.08


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To

The Managing Director

UPFC

Kanpur

Dear Sir

We hereby certify that we have audited the Books of A/c of M/s- ______________ of which Mr__________________________ is/areProprietor/Partners/Directors, and verify that the following expenditure hasbeen incurred and invested and have found the same in order, according toinvoices, Bills, supporting information and explanation given to us, in theproject coming up at .for the construction of

residential flats in the following heads:-

------------------------------------------------------------------------------------------------------------

Sl. No. Heads Invested upto (Rs. in lacs

------------------------------------------------------------------------------------------------------------

Land

Building

Plant & Machinery

Preliminary & Pre-operative expenses

Advance made in addition to the above

(as per statement enclosed)v) Against land

vi) Against Building

vii) Against Plant & Machinery

viii) Others

--------------

--------------

The above has been financed from following sources :-

1. Proprietors /Partners own Capital/Paid

up Capital of Company

2. Unsecured loan Intt free

3. Advance booking

* The other details of the capital structure as on of the company is as under :-

vi) Authorised Share Capital Rs.

vii) Subscribed Share Capital Rs.

viii) Issued Share Capital Rs.

ix) Paid-up Share Capital Rs.

x) Calls in arrear, if any Rs.

Place:

Date:


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NAME OF THE CHARTERED ACOUNTANT

MEMBERSHIP NO.

NAME OF THE FIRM

ADDRESS


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