Dated: 12/05/2018

Chief Manager,
Canara Bank,
Bharat Nagar Chowk,
Ludhiana.
Reg.: Revised proposal for OTS of our Credit Facilities.
Respected Sir,

With reference to discussions held with your Goodself, we hereby raised our OTS
proposal from Rs.2.00 Crore to Rs.2.05 Crore as full and final payment of our total dues payable
to bank. The bank is aware that economic scenario is very bad and not only the industry but even
the financial institutions are bleeding and suffering heavy losses. There is no customer of the
property at any reasonable rate and we being committed to settle our account and save our
reputation are raising this money from our relatives by pledging this property to them after
getting it clear from bank. The brief proposal is as under:
a) If the bank will go ahead to consider this proposal, we will deposit Rs.12.00 Lac in no lien
account and the same will be adjusted only after the bank will approve our proposal.
b) We will deposit 10% of the OTS amount within 30 days from the date of approval of OTS.
c) We will deposit the balance amount before 315t December, 2018 in lump sum or in
installment of multiple of Rs.50.00 Lac.
Under the circumstances, we hope bank will allow OTS at the earliest.

Thanking You,

Yours Faithfully,

For M/s Unique Steels

Proprietor
 Dated: 12/05/2018
Chief Manager,
Canara Bank,
Bharat Nagar Chowk,
Ludhiana.
Reg.: Revised proposal for OTS of our Credit Facilities.
Respected Sir,
With reference to discussions held with your Goodself, we hereby raised our OTS
proposal from Rs.2.00 Crore to Rs.2.05 Crore as full and final payment of our total dues payable
to bank. The bank is aware that economic scenario is very bad and not only the industry but even
the financial institutions are bleeding and suffering heavy losses. There is no customer of the
property at any reasonable rate and we being committed to settle our account and save our
reputation are raising this money from our relatives by pledging this property to them after
getting it clear from bank. The brief proposal is as under:
a) If the bank will go ahead to consider this proposal, we will deposit Rs.13.00 Lac in no lien
account and the same will be adjusted only after the bank will approve our proposal.
b) We will deposit 10% of the OTS amount within 30 days from the date of approval of OTS.
c) We will deposit the balance amount before 31st December, 2018 in lump sum or in
installment of multiple of Rs.50.00 Lac.

Under the circumstances, we hope bank will allow OTS at the earliest.

Thanking You,

Yours Faithfully,

For M/s Harnam Dass Jawahar Lal

Proprietor