/Minutes of the Meeting of theb.-l!Proyal CO!!lli1ittee of~!>.wa SEZ held on 1210912011 <ll11.30AM in the Conference Hall of NSEZ, Noida.

The meeting of the Approval Committee was chaired by Shri S.c. Panda, DevelopmentCommissioner, NSEZ. The following Members of the Approval Committee were present inthe Meeting:

1. Shri c.P.S. Bakshi, Joint Development Commissioner, NSEZ.2. Shri K.C. Rout, Joint DGFT, ew Delhi3. Ms. R. Prasad, Additional Commissioner, Customs, Air Cargo Exports, New Delhi.4. Shri N. K. Singh, Manager, % GM, D.LC., Sector-20, Noida, Dist: G.B. Nagar

(Representative of Principal Secretary, Industries, Govt. ofU.P., Lucknow).

Besides, Shri R.K. Joshi, Dy. DC, SEZ, Shri Sharad Srivastav, Dy. Commissioner ofCustoms, NSEZ, Shri J.S.Shahi, Astl. Commissioner(Commercial Tax), Shri UtsavaSharma, AEE, UP Pollution Control Board, Shri Salil Yadav, SDO, UPPCL and ShriM.N.Sukole, Astt. DC, NSEZ, also attended the Meeting.

I. Application of Mis Popular Card Technology Pvt. Ltd. for setting up a unit in

Noida SEZ.

Both the directors Mr. Arindam Das Gupta and Mr. Mei Changgang appeared before

the Committee. The Committee considered the proposal. On being asked, the

representatives of the company stated that their proposal was to manufacture and export

Plastic Cards for SIM Card, Smart Card, Biometric Cards, Identity Card, Driving Card,

Credit Cards, Debit Cards, Master Cards and other various types of Cards along with

embedding of cards. They also requested to allow trading in these items. Further the

Committee wondered how a company with net profit of 412402.82 yuan, 207799.26 yuan,

and 410456.00 yuan (USD 1= 6.4 YUAN) for the years 2009, 2008, 2007 respectively, as per

the Balance sheets, could invest Rs. 5.50 Crore in the project. The representative director

replied that the Shenzhen Chengtian Weiye Technology Group was a big corporate group in

China and as Group it had enough financial resources at hand. The Committee al!p-I9yed

the project subject to submission of documentary proofs regarding financial strength of the

Chinese Company for investment of RS.5.50 Crore in the proposed project, specifically

Balance Sheet of the Group of Companies, by the evening of 12.09.2011, in the office of DC

failing which the decision of the Committee would be stand deferred for the next meeting.

The Committee allowed trading of these items only for export or for use in SEZ and not into

DT A. Further, the approval of the project would be subject to availability of space.

2. Application of Mis Sun Aromatics for setting up a unit in Naida SEZ formanufacturing of Aromatics and Allied Products: Menthol, menthol crystal, L-Menthol,Peppermint oil, corn mint oil, mint blend, menthones, terpenes, other value added productof mentha oil by product waste.

The Committee considered the matter. The Committee asked whether any of the

companieslfirms of the promoters had been facing any proceedings. Representative of the

Applicant firm informed that there was some matter pending against his Firm by the name

Mis Siddhant Chemicals located in Moradabad. The Committee deferred decision on this

proposal and decided to frrst examine the case against the said unit and Member

representing Customs would submit report by end of September, 2011.

3. Application of Mis. Tech Mahindra Ltd. for setting up a unit in Naida SEZ forITIITES.After due deliberations, in view of prospects of huge employment generation, export

and foreign exchange earnings, the Committee approved the proposal as per the Agenda

Note.

4. Application of Mis Niche Agile Infotech Pvt. Ltd. for setting up a unit inNaida SEZ for IT lITES.The company was not represented by any of the Directors. Therefore, the Committee

directed the representative that the proposals would be considered only if one of the directors

would appear before the Committee. 1n view of this, the Committee deferred decision on the

proposal. Remaining deficiencies in the proposal would be conveyed to the Applicant

Company.

5. Application of Mis Shass Information & Quality Engineering Services for settingup a unit in Naida SEZ for Software Development and IT Enabled Services.The Committee heard submissions of the representative-director of the Applicant

Company and deliberated on the proposal. The Committee informed that the Applicant

Firm had a STPI unit at Guwahati, and report from STPI had been obtained. Nothing

adverse had been conveyed by the STPI. The representative informed that Noida had

specific advantage in terms of trained manpower, which was why they proposed to set up a

unit in Noida. In view of this, the Committee approved the proposal, subject to availability

of space.

6. Application of Mis Rohtan ITS India Pvt. Ltd. for setting up a unit in Noida SEZ

for software development.

The representative of the Applicant Company informed that the proposed venture

would be the first set up of their Company. However, the promoters had enough technical

knowledge and experience to make their enterprise a success. After due deliberations, the

Committee approved the proposal of the applicant, subject to availability of space.

7. Application of Mis. Dwarka Das Seth SEZ India Incorporation for setting up aunit in Noida SEZ.

The Committee reconsidered the proposal and after due deliberations approved the

proposal for manufacturing only. The Committee disallowed trading in loose diamonds.

The Committee deferred decision in the matter and decided to get a report from

Income Tax Department regarding reliability of source of finance conveyed by the

promoters.

9. Mis. Adhikaar Datapro Systems Pvt. ttd. - change of description of items in the

LOA and inclusion of Trading activity.

The Committee considered and al2Proved inclusion of speciflc product-names in the

LOA. However, the Committee disallowed request of the Co. for trading. The Committee

further directed the unit to commence its operations sooner.

Representative of the Unit appeared before the Committee. The Committee

expressed its dissatisfaction over the fact that no work could take place in last nearly three

years and precious land remained unutilized. The Committee found non-execution of Bond-

cum-LUT serious. During his reply to the Committee, the representative of the

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Company/firm, admitted the fault and stated that they would be applying for debonding of

the unit. The Committee directed that of'ficial communication from the Unit should reach to

the Office of DC within 15 days and debonding formalities should be completed by the Unit

wihin 3 months' time. Non-working of the unit in the current block resulted into zero NFE

earnings for which penalty of Rs. 50,000/- was imposed by the Committee. Order-in-

Original would be issued on receipt of request for debonding from the Unit and pending

APRs.

11. Mis. RPS Clothing and Linen Pvt. Ltd. - Extension of LOA.

This time also no representative appeared before the Committee. The Committee was

informed that telephone numbers available in the records of the Unit, were found either

wrong or switched ofT. The Company had been informed about the meeting via e-mail. The

Building had been still in unfinished condition. No request had been received for extension

of LOA. In view of the above, the Committee decided not to give further opportunity to

the romoters and the LOA was la sed on 13.07.2011 and deemed as cancelled.

Necessary action for eviction of Plot No. l29G/53 would be taken as the Company was

unauthorised occupant of the Plot.

12. Mis. Pitambra Hardware and Metal Exports Pvt. Ltd. - Monitoring of

performance.

The representative of the Company expl.ained that due to unstable market conditions

their unit is non-functional since last one and half years. The Committee expressed its

dissatisfaction over non-utilisation of space. The Committee directed to re-commence

activities at the plots and improve performance of the unit. The unit had also been directed

to reply to letter dated 12.07 .2D11 issued by the 0/0. of DC.

13. Mis. VG Telecommunications Pvt. Ltd. - Request for renewal of LOA.

Shri Vivek Ghai, Director in the Company, informed that due to an unfortunate

accident of his family, he could not pay attention towards commencement of operations as

approved in the LOA. The Committee expressed its displeasure over non-utilization of space

by the unit whereas good numbers of proposals were being rejected for want of space. The

promoter had also not submitted request for extension of LOA within the validity of LOA.

Therefore, the Committee directed the promoters to surrender the allotted SDF immediately

and in any case by 30th September, 20 II or pay one year advance lease rent by 30[h

September, 2011. The Committee, however, decided to approve extension of LOA by one

year beyond 07.02.2011. The Committee advised the promoter, that in case he surrender the

SDF now, he might apply for fresh allotment as and when he want space in future.

14. Mis. Shriram Overseas - Approval of the Approval Committee to change of

Entrepren eurshi p.

The Committee on perusal of Agenda Note and after due deliberations, approved the

change in entrepreneurship of the firm as per provision under Rule 19(2) of the SEZ Rules.

15. Matter of trading in precious Metals.

The Committee re-considered the matter of trading in precious metals. The

Committee ratified the decision of DC, NSEZ that the value addition and employment

generation cannot be decided on case to case basis and it has to be reviewed 'periodically".

16. Approval of Services:

1. Mis. Medico electrodes International: The Committee retained its decision

taken earlier regarding these services.

11. Mis. Crystal hues: The Committe~roved list of services of the Unit.

17. Additional item: Proposal from Mis. Nirmal Overseas Ltd. for inclusion of

trading activities in LOA.

On specific request by the unit, the matter was considered by the Committee.However, decision on the maller was deferred as the matter need examination by CustomsWing, before any view would~~ken as regards allowing trading in large number of itemsproposed by the unit.

(S.C. Panda)Development Commissioner