PROCEDURE FOR ID PROPOSAL (REQUIRED WHITE PARTIES)

PHASE - 1

After initial talks between the main facilitators on both sides the following …

Transaction shall be at Chennai.

Investor will come to desk with the following papers.

A.Audited Balance sheets pertaining to 3 years with sufficient reserves and surplus.

B. It can be of one or two companies or a group of companies with minimum total investable surplus of 2500 crores.

C.Memorandum and articles of association, PAN card & Identity proof of the investor (Xerox copies)

D.Latest proof of funds with a minimum of 500 crores, as each trench of transaction will not be less than such volume.

Project promoter shall come with the following details …

A.Detailed project report.

B.ROC, Memorandum and articles of association and PAN card (Xerox copy)

C. Receiving bank details.

PHASE - 2

After due diligence on both sides, the following steps shall be followed …

A. A proper agreement, acceptable to both sides shall be entered. Such agreements (prior to signing) shall be approved by both sides in consultation with their financial / tax experts.

B.There should be clarity on ENTERY & EXIT clause.

C.After the proper completion of the agreement, it should be submitted to the respective banks of both the sides, well in advance to the specified date of execution.

Required acceptance of both the banks shall be in place to carry on a smooth transaction.

PHASE - 3

A.Investor representative with proper authorization and a original cheque, with one or two associates can come for the inspection of promoter's material.

B. Q & Q can be carried out at the site, after which investor representative shall request the investor to make RTGS to the promoter's receiving account.

C. Investor's representative can take the material from the site, soon after the transferred amount hits the receiving account.

In case the investor's representative requests for any assistance / security while carrying the material to their

D.Destination in Chennai, promoter can give adequate assistance in doing so.

E. In case investor's representative gives the total responsibility of transportation to their local destination, promoter can do so after the RTGS is done. However for the comfort / safety of the investor's representative, an original cheque of the receiving account, with a covering letter with bank managers seal and signature along with a return RTGS form will be given to the investor's representative, which shall be returned soon after the material reaches the local destination.

Any other points / aspects not covered above may be sorted out mutually at the time of signing the agreement.

INTERESTED PARTIES CONTACT MY WHATSAPP 9176298580

Regards SUBASH