Extract of the Resolutions passed at a meeting of the Board of Directors of M/s

Ground Support Pvt Ltd held on 15

th
April 2013 at Navi Mumbai Office
RESOLVED

THAT the Company do accept the offer made by LC discounting company, to the
company for Bill Discounting limit backed by Letter of credit of Rs. 1,00,00,000
(Rupees Hundred Lacs Only) (hereinafter referred to as the said limit) on the terms
and conditions contained in the sanction letter dated 10
th
April 2013 issued by LC
discounting company;

THAT the following Authorised Signatory(s)/Constituted Attorney(s), namely

1) Mr

2) Mr

be and are hereby authorised individually and/or severally :-

(A) To convey to LC discounting company acceptance on behalf of the company
of the said offer for granting the said limit on the terms and conditions
contained in their sanction letter dated 10
th
April 2013, and accept any
changes and modifications in the said terms and conditions as may be
suggested and acceptable to LC discounting company from time to time.

(B) To execute such agreements, deeds, undertakings, instruments, other
document and to issue such certificates, statements, declarations, receipts, and
other writings whatsoever as may be required by LC discounting company
and generally to do on behalf of the company all & such other acts, deeds and
things from time to time as may be required by LC discounting company.

(C) To accept, confirm and sign the balance confirmations, acknowledgment(s) of
debt and securities and such other letters which the company may be required
to sign from time to time in connection with the aforesaid limit.

(D) To authorise some any other person to sign on the operational documents
required for availing the facility like invoices, LR, Challan, request letter etc.

THAT the Common Seal of the Company be affixed on all the documents required to
do so in the presence of any of the Directors namely Shri or Shri who shall sign the
same in token thereof and Shri, Director shall counter sign the same in terms of
Memorandum and Articles of Association of the company.




THAT any of the following Authorised Signatory(s)/Constituted Attorney(s) acting
individually and / or jointly.

1) Mr J
2) Mr


be and are hereby authorised to operate all Bank accounts and to sign on the cheques
on behalf of the Company.

Copy of the foregoing resolutions certified to be true by Director/Managing Director/
Secretary/Authorised Signatory(s)/Constituted Attorney(s) of the company be
furnished to the LC discounting company and they be requested to act thereon.


Certified True Copy
For M/s Ground Support Pvt Ltd



(Managing Director / Company Secretary)

Date: _________________