Minutes of Meeting

STARUNITY CONSTRUCTIONS PRIVATE LIMITED
MINUTES BOOK
MINUTES OF THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY

M/s STARUNITY CONSTRUCTIONS PRIVATE LIMITED HELD AT
REGISTERED OFFICE OF THE COMPANY AT FLAT NO. 304, C-36, LAJPAT
MARG, C-SCHEME, JAIPUR ON 13th APRIL 2010 AT 01:30 P.M.
PRESENT:
1. Mr. Ravi Mathur (in chair) (Director)
2. Mrs. Rini Mathur (Add. Director)
APPOINTMENT OF CHAIRPERSON:
Mr. Ravi Mathur was unanimously elected Chairperson of the meeting. As

requisite quorum was present the Chairperson called the meeting to order.
LEAVE OF ABSENCE:
None of the Directors were absent during the meeting.
CONFIRMATION OF MINUTES OF THE PREVIOUS BOARD MEETING:
The minutes of the previous Board Meeting, a draft of which circulated to all the
directors were confirmed and signed by the Chairperson.
AUTHORITY TO EXECUTE PAPERS FOR SALE DEED:
Chairman informed the board that it is necessary to authorise one person on

behalf of the company to sign papers for execution of sale deed for Sixth Floor in
“Evershine Tower” at F-1, Amrapali Circle, Vaishali Nagar, Jaipur with Huawei
Telecommunications (India) Co. Pvt. Ltd. The matter was discussed and the
following resolution was passed:
“RESOLVED THAT Mr. Ravi Mathur Director of the Company is hereby

authorized to sign all Documents, Deeds, Agreements, NOC, Lease Deeds and
issue receipts, refunds etc. for & behalf of the company M/s STARUNITY
CONSTRUCTIONS PVT. LTD., regarding the execution of Lease Deed for our
property on Sixth Floor in “Evershine Tower” at F-1, Amrapali Circle, Vaishali
Nagar, Jaipur with Huawei Telecommunications (India) Co. Pvt. Ltd., having its
registered office at 1st Floor, JMD Pacific Square, Near 32 Milestone, NH-8 Delhi
Jaipur Highway, Gurgaon, India.”
“RESOLVED FURTHER THAT Mr. Ravi Mathur Director of the Company is

hereby authorized to do all acts deeds & things as may be necessary in this
regard.”
NEXT BOARD MEETING:
The next meeting of Board will be held on a date, time and place to be decided
in consultation with the Chairman.
VOTE OF THANKS:
There being no other business, the meeting concluded with a vote of thanks to
the chair.
Place: Jaipur RAVI MATHUR

Dated: (CHAIRPERSON)
MINUTES BOOK

MARG, C-SCHEME, JAIPUR ON 17th JULY 2010 AT 10:30 A.M.
PRESENT:


LEAVE OF ABSENCE:
EXECUTION OF DOCUMENTS FOR CREDIT ARRANGEMENT WITH ICICI HFC

LTD:
Chairman informed the board that it is necessary to authorise one person on

behalf of the company to sign papers for execution of documents for availing
credit arrangement in the nature of Rupee Term Loan with ICICI HFC Limited of
Rs. 9.90 Million. The matter was discussed and the following resolution was
passed:
"RESOLVED THAT
1. THAT the 1Company do accept the offer of ICICI HFC Limited (“icici hfc”) to
provide to the \Company the following Credit facilities.
Sr. No. Nature of the Facilities Amount of the

Facilities / Limits
(Rs. in million)
1. Rupee Term Loan 09.90
upto an aggregate overall limits not exceeding Rs 09.90 mn. at any one time
on the terms and conditions contained in the sanction Letter (“Letter of
Sanction”) issued by ICICI HFC in this regard.
1
MINUTES BOOK
2. THAT the following 2directors Mr. Ravi Mathur (the authorized 5Directors”) be
and is hereby authorised severally to convey to ICICI HFC acceptance on
behalf of the 3Company of the said offer for said financial assistance on the
terms and conditions contained in the Letter of Sanction and agree to such
changes and modifications in the said terms and conditions as may be
suggested by ICICI HFC from time to time and to execute such deeds,
documents and other writings as may be necessary or required for this
purpose.
3. THAT the 4Companyt do avail of the aforesaid Facilities from ICICI HFC, in the
manner and to the extent set out above on the terms and conditions
contained in the Letter of Sanction and the standard documents required to
be executed for the aforesaid Credit Facilities.
4. THAT the drafts of the Facility Agreement, the Deed of Hypothecation and
other deeds, documents, undertakings and writings required to be executed
by the 5Company in connection with the aforesaid Facilities (copies whereof
have been circulated to the 6Board placed on the table at the meeting) be
and is / are hereby approved and accepted.
5. THAT the authorised 7Directors be and is hereby authorised to execute all

agreements, deeds, documents, undertakings and other writings as may be
necessary or required for the purposes aforesaid, and to accept and execute
any amendments or modifications to any agreements, deed, documents,
undertakings and other writings, including acknowledgement of debt/balance
confirmation(s) and/or any renewal documents, as and when necessary.
6. 8THAT the Common Seal of the 9Company be affixed to the stamped

engrossment(s) in duplicate of the Facility Agreement and the Deed of
Hypothecation and to all other deeds, documents or writings as may be
required to be executed under the Common Seal in the presence of 10 any of
the following 11Directors Mr.Ravi Mathur shall sign the same in token thereof.,.
12
7. THAT above Directors be and is hereby authorized to request ICICI HFC to
open letter(s) of credit on behalf of the 13Company in respect of the Facilities
granted by ICICI HFC Ltd. to the 14Company and to sign letter of credit
application(s), agreement(s) and amendment(s) thereto, other
correspondence, stock statements, QIS, deeds including deeds of indemnity
acceptances, undertakings and to take and do all such acts, deeds and things
as may be necessary or expedient for the aforesaid purpose.
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MINUTES BOOK
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8. THAT the aforesaid 16 authorised Directors be and are hereby authorised
severally to collect from ICICI HFC the original documents in connection with
the aforesaid letter(s) of credit transaction.
9. Copies of the aforesaid resolutions certified to be true be furnished to ICICI

HFC and they be requested to act thereon.
NEXT BOARD MEETING:
VOTE OF THANKS:
the chair.

15
16
MINUTES BOOK

MARG, C-SCHEME, JAIPUR ON 02nd SEPTEMBER 2010 AT 10.30 A.M.
PRESENT:


LEAVE OF ABSENCE:
CONSIDERATION OF UNAUDITED ACCOUNTS
The chairman placed before the Board the Unaudited accounts of the company
for the period ended on 31st March 2010. The same was discussed by the
Directors and following resolution was passed:
“RESOLVED THAT the Unaudited Accounts of the company be and are hereby
approved and Mr. Ravi Mathur, Director of the company be and is hereby
authorized to handover the accounts to the Auditor of the company for the
purpose of Audit."
NEXT BOARD MEETING:
VOTE OF THANKS:
the chair.

MINUTES BOOK

MARG, C-SCHEME, JAIPUR ON 02nd SEPTEMBER 2010 AT 07.30 P.M.
PRESENT:


LEAVE OF ABSENCE:
APPROVAL OF AUDITED ACCOUNTS:
The chairman placed before the Board the Audited Accounts of the Company
with the Auditors Report for the period ended on 31st March 2010. The same was
discussed by the Directors and the following resolutions were passed:
“RESOLVED THAT the Balance sheet as on 31st March, 2010 and Profit & Loss
A/c for the year ended on 31st March, 2010 of the company as placed on the
table be and are hereby considered and adopted.”
“FURTHER RESOLVED THAT Mr. Ravi Mathur and Mrs. Rini Mathur, Directors of
the company be and hereby authorized to sign the Audited Accounts of the
company.”
APPROVAL OF THE DIRECTORS REPORT:
The Chairman placed before the Board a draft of the Directors report on the
Audited Accounts of the company for the year ended on 31st March 2010 for
approval and for further consideration of the Board.
The same was discussed and the following resolution was passed:
“RESOLVED THAT the Directors report as placed on the table be and is hereby
approved and is signed by Directors of the company present in the meeting in
compliance with the provisions of section 217(4) of the companies Act, 1956.”
APPROVAL OF NOTICE CALLING THE ANNUAL GENERAL MEETING:

MINUTES BOOK
The chairman placed before the Board, a draft of the notice calling the 01st
Annual General Meeting of the members of the company. After discussion it was
decided to hold the same on Wednesday, 29th September, 2010 at 11:00 A.M. at
the registered office of the company and requested the Board to approve the
same. The matter was discussed and the following resolution was passed:
“RESOLVED THAT the draft notice calling the 01st Annual General Meeting of
the members of the company on Wednesday, 29th September, 2010 at the
Registered office of the company as placed before the Board be and is hereby
approved and the Board authorize the Directors of the company to sign the same
on behalf of the Board and also to make necessary arrangements for holding the
Annual General Meeting of the members of the company.”
NEXT BOARD MEETING:
VOTE OF THANKS:
the chair.

MINUTES BOOK
MINUTES OF THE FIRST ANNUAL GENERAL MEETING OF THE COMPANY

MARG, C-SCHEME, JAIPUR ON WEDNESDAY, 29th SEPTEMBER 2010 AT
11:00 A.M.
PRESENT:
(A) DIRECTORS
1. Mr. Ravi Mathur
2. Mrs. Rini Mathur
(B) MEMBERS
- Mr. Ravi Mathur
- Mr. Anuj Mathur
- Mr. Rajkumar Khandelwal (Authorised representative of Sand Dune
Buildtech Pvt Ltd)
- Mr. Devinder Singh Dutta (Authorised representative of Sand Dune
Buildestate Pvt Ltd)
PROCEEDINGS OF THE MEETING

CHAIRPERSON:
WELCOME SPEECH BY CHAIRPERSON:

Meeting started with the welcome speech of the Chairperson, whereby
members of the company were duly welcomed. The Chairperson declared
that the requisite Quorum was present and called the Meeting to order.
The Register of Directors’ shareholdings was placed at the Meeting and
available for inspection. The Chairperson briefly presented his vision of
future and growth prospects of the Company in years ahead.
QUORUM
Since the adequate quorum was present, the Chairman declared the meeting to
be in order and started the proceedings of the meeting.
NOTICE
Notice issued for convening the Annual General Meeting was duly read
out.
DIRECTOR’S REPORT:
With the consent of the members present, the Directors report and
Accounts having already been circulated to the members were taken as
read.
AUDITOR’S REPORT:
The auditor’s report was read by the chairman.

MINUTES BOOK
BUSINESS OF THE MEETING
ITEM NO. 1
CONSIDERATION OF ANNUAL ACCOUNTS, AUDITORS REPORT AND
DIRECTORS REPORT:
The chairman then invited queries from the members present on Directors
report; Accounts and Auditors Report but there was no query. Thereafter the
chairman proposed the following resolution, which was seconded by Mrs. Rini
Mathur:
“RESOLVED THAT the Directors report and the Audited Accounts for the year
ended 31st March 2010 and Auditors report thereon be and are hereby received
and adopted.”
The chairperson put the motion for voting and by show of hands the
resolution was passed unanimously.
ITEM NO. 2
APPOINTMENT OF STATUTORY AUDITORS:
Mr. Ravi Mathur chairman of the meeting proposed the name of M/s ASM &
Associates, Chartered Accountants, Kherli for appointment as Statutory Auditors
of the company which was seconded by Mrs. Rini Mathur. Following resolution
was passed in this regard:
“RESOLVED THAT M/s ASM & Associates, Chartered Accountants, Kherli be and
are hereby appointed as statutory Auditors in this meeting until the conclusion of
next Annual General Meeting at such remuneration as may be decided by the
Board in this regard in consultation with the Auditors.”
ITEM NO 3
APPOINTMENT OF RINI MATHUR AS DIRECTOR
A member submitted the following motion, which was seconded by another

member for approval as ordinary resolution:
“RESOLVED THAT Mrs. Rini Mathur who was appointed as an Additional

Director of the Company by the Board w.e.f. 31.12.2009 and who holds office
under section 260 of the Companies Act, 1956 up to the date of Annual General
Meeting, be and is hereby appointed as a Director of the Company.”
MINUTES BOOK
VOTE OF THANKS:
There being no other business, the meeting concluded with a vote of
thanks to the chair.
Place: Jaipur RAVI

MATHUR
Dated:
(CHAIRPERSON)
MINUTES BOOK

MARG, C-SCHEME, JAIPUR ON 30th SEPTEMBER 2010 AT 11:30 A.M.
PRESENT:

2. Mrs. Rini Mathur (Director)

LEAVE OF ABSENCE:
AUTHORISATION TO SIGN E-FORMS:
The Chairperson informed the Board that pursuant to the provisions of the
Companies Act, 1956 and rules, notifications etc., if any, applicable to the
company any one Director of the Company, on behalf of Company is
required to Digitally Sign Form No. 23AC, 23ACA, 32 and 20B to be filed at
the office of Registrar of Companies. The Board considered the matter and
the following resolution was passed in this context:
“RESOLVED THAT Mr. Ravi Mathur, Director of the Company be and is

hereby authorised to digitally Sign Form No. 23AC, 23ACA, 32 and 20B for
and on behalf of the Company to be filed at the office of Registrar of
Companies.”
NEXT BOARD MEETING:
VOTE OF THANKS:
the chair.

MINUTES BOOK

MARG, C-SCHEME, JAIPUR ON 25th NOVEMBER 2010 AT 09:30 A.M.
PRESENT:


LEAVE OF ABSENCE:
CLOSURE OF BANK ACCOUNT
The Chairman informed the Board that Current account in the name of the
company opened with Axis Bank Ltd., Raja Park Branch, Jaipur is required to be
closed. The matter was discussed by the board and the following resolution was
passed in this regard:
“RESOLVED that consent of the board of directors of the company be and

is hereby accorded for the closure of the current bank account no.
031010200030171 in the name of the company in Axis Bank Ltd., Raja
Park Branch, Jaipur, and for this Director Mr. Ravi Mathur be and is hereby
instructed to do all the facts and deeds necessary for the closure of above
bank account.
NEXT BOARD MEETING:
VOTE OF THANKS:
the chair.

MINUTES BOOK

MARG, C-SCHEME, JAIPUR ON 08th JANUARY 2011 AT 01:30 P.M.
PRESENT:


LEAVE OF ABSENCE:
WORKING PROGRESS OF THE COMPANY:
General Progress of the company and various market surveys were discussed at
the meeting. Chairman suggested various proposals regarding the procurement
of Plant and Machinery, Supplies, Building materials thereon. The board
considered the proposals.
NEXT BOARD MEETING:
VOTE OF THANKS:
the chair.


MINUTES BOOK

MARG, C-SCHEME, JAIPUR ON 31st MARCH 2011 AT 03:30 P.M.
PRESENT:


LEAVE OF ABSENCE:
FORM DDA:
The Chairperson placed to table Form DDA, dated 31st March 2011 and
incorporating a notice of intimation by the Directors pursuant to sec 274 (1) (g)
of the Companies Act, 1956 received from all the Directors as placed before the
meeting was noted and recorded:
The notice to be read and the receipt thereof to be directed to be recorded.
“RESOLVED THAT the notice of disqualification of director’s received from the

directors of the Company, pursuant to section 274(1) (g) of the Companies Act,
1956 as placed before the Board and as read out at this meeting be and is
hereby taken on record.”
GENERAL NOTICE OF INTEREST:
The Chairperson to table Form 24AA, dated 31st March, 2011 incorporating a
general notice of Interest under Section 299(3) (b) of the Companies Act, 1956
received from all the Directors as placed before the meeting was noted and
recorded:
The notice to be read and the receipt thereof to be directed to be recorded.
“RESOLVED THAT the general notice of disclosure of director’s interest

received from the directors of the Company, pursuant to section 299(3) of the
Companies Act, 1956 as placed before the Board and as read out at this meeting
be and is hereby taken on record and that the particulars concerning the same
be recorded in the register of contracts maintained pursuant to section 301 of
the Companies Act, 1956.”
NEXT BOARD MEETING:

MINUTES BOOK
VOTE OF THANKS:
the chair.


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STARUNITY CONSTRUCTIONS PRIVATE LIMITED

MINUTES OF THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY

Mr. Ravi Mathur was unanimously elected Chairperson of the meeting. As

CONFIRMATION OF MINUTES OF THE PREVIOUS BOARD MEETING:

AUTHORITY TO EXECUTE PAPERS FOR SALE DEED:

Chairman informed the board that it is necessary to authorise one person on

“RESOLVED THAT Mr. Ravi Mathur Director of the Company is hereby

“RESOLVED FURTHER THAT Mr. Ravi Mathur Director of the Company is

NEXT BOARD MEETING:

Place: Jaipur RAVI MATHUR

MINUTES OF THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY

1. Mr. Ravi Mathur (in chair) (Director)

Mr. Ravi Mathur was unanimously elected Chairperson of the meeting. As

None of the Directors were absent during the meeting.

CONFIRMATION OF MINUTES OF THE PREVIOUS BOARD MEETING:

EXECUTION OF DOCUMENTS FOR CREDIT ARRANGEMENT WITH ICICI HFC

Chairman informed the board that it is necessary to authorise one person on

Sr. No. Nature of the Facilities Amount of the

5. THAT the authorised 7Directors be and is hereby authorised to execute all

6. 8THAT the Common Seal of the 9Company be affixed to the stamped

9. Copies of the aforesaid resolutions certified to be true be furnished to ICICI

NEXT BOARD MEETING:

Place: Jaipur RAVI MATHUR

MINUTES OF THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY

1. Mr. Ravi Mathur (in chair) (Director)

Mr. Ravi Mathur was unanimously elected Chairperson of the meeting. As

None of the Directors were absent during the meeting.

CONFIRMATION OF MINUTES OF THE PREVIOUS BOARD MEETING:

CONSIDERATION OF UNAUDITED ACCOUNTS

NEXT BOARD MEETING:

Place: Jaipur RAVI MATHUR

MINUTES OF THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY

1. Mr. Ravi Mathur (in chair) (Director)

Mr. Ravi Mathur was unanimously elected Chairperson of the meeting. As

None of the Directors were absent during the meeting.

CONFIRMATION OF MINUTES OF THE PREVIOUS BOARD MEETING:

APPROVAL OF AUDITED ACCOUNTS:

APPROVAL OF THE DIRECTORS REPORT:

APPROVAL OF NOTICE CALLING THE ANNUAL GENERAL MEETING:

NEXT BOARD MEETING:

Place: Jaipur RAVI MATHUR

MINUTES OF THE FIRST ANNUAL GENERAL MEETING OF THE COMPANY

PROCEEDINGS OF THE MEETING

WELCOME SPEECH BY CHAIRPERSON:

The auditor’s report was read by the chairman.

BUSINESS OF THE MEETING

A member submitted the following motion, which was seconded by another

“RESOLVED THAT Mrs. Rini Mathur who was appointed as an Additional

Place: Jaipur RAVI

MINUTES OF THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY

1. Mr. Ravi Mathur (in chair) (Director)

Mr. Ravi Mathur was unanimously elected Chairperson of the meeting. As

None of the Directors were absent during the meeting.

CONFIRMATION OF MINUTES OF THE PREVIOUS BOARD MEETING:

AUTHORISATION TO SIGN E-FORMS:

“RESOLVED THAT Mr. Ravi Mathur, Director of the Company be and is

NEXT BOARD MEETING:

Place: Jaipur RAVI MATHUR

MINUTES OF THE MEETING OF BOARD OF DIRECTORS OF THE COMPANY

1. Mr. Ravi Mathur (in chair) (Director)

Mr. Ravi Mathur was unanimously elected Chairperson of the meeting. As

None of the Directors were absent during the meeting.

CONFIRMATION OF MINUTES OF THE PREVIOUS BOARD MEETING:

CLOSURE OF BANK ACCOUNT