MY MOBILE PAYMENTS LIMITED Date: June 13, 2019 To, ‘Ashok Kumar, General Manager, NBG (West I) - (Mumbai & Goa), Bank of india Building, ‘Second Floor - 70-80, Mahatma Gandhi Road Fort, ‘Mumbai - 400001 ce: 1. The Branch Manager, NBG (West I) - (Mumbai & Goa), Bank of India Building, Second Floor 70-80, Mahatma Gandhi Road Fort, ‘Mumbai ~ 400001. 2. Chief Managing Director NBG (West I) - (Mumbai & Goa) Bank of india Building, Second Floor 70-80, Mahatma Gandhi Road Fort, Mumbai - 400001, 3. The Chief Vigilance Officer NBG (West |) - (Mumbai & Goa) Bank of india Building, Second Floor 70-80, Mahatma Gandhi Road Fort, ‘Mumbai - 400001 ‘The Executive Director NBG (West I) - (Mumbai & Goa) Bank of india Building, Second Floor 70-80, Mahatma Gandhi Road Fort, Mumbai - 400001 +91 022 45021500 fo Haayeaaae bee ‘CIN: U72900MH2010PLC203640 Fax: +91 022.45021590MY MOBILE PAYMENTS LIMITED The Zonal Manager NBG (West |) - (Mumbai & Goa) Bank of India Building, Second Floor 70-80, ‘Mahatma Gandhi Road Fort, ‘Mumbai ~ 400001 6. Shri Susobhan Sinha Chief General Manager & Secretary Secretary's Department Reserve Bank of India 16" floor, Central Office Building Shahid Bharat Singh Road, Mumbai - 400002, 7. ShriP KJena Banking Ombudsman C/o Reserve Bank of India, 4th Floor, RBI Byculla Office Building, ‘Opp. Mumbai Central Railway Station, Byculla, Mumbai-400 008 ject: Notice of demand If of My Mobi due. Payment tanding payment Dear Sir/Ma’am, Under instructions from and on behalf of My Mobile Payments Limited (hereinafter referred to as “the Company") having its registered office at MOM House, Plot No. 61, Ramchandra Lane, Kanchpada, Malad (West) Mumbai ~ 400064, and in reference to MERCHANT ESTABLISHMENT AGREEMENT agreed and signed upon by both Bank of India and the Company dated January 12, 2018, we hereby serve upon you this notice of demand to recover pending dues amounting to Rs.40,00,000/- (Rupees Forty Lakhs Only) along with interest @18 % p.a, We refer to our previous requests for payment. We note that despite our continuous requests our payment remains outstanding due to which you have already breached the terms of the ‘aforementioned agreement. VA info@moneyonmabile.in Tel: 491.022 45021500 ‘CIN: U72900MH2010P1C203640, aster Email: URL: www.moneyonmobite.inAA AA MY MOBILE PAYMENTS LIMITED M NE . We are not aware of any disputes or reason for non-payment, therefore we would respectfully, remind you that you have exceeded the trading terms for these outstanding amounts and we would be grateful to receive your remittance immediately. Unless you now attend to payment in full strictly within 15 (fifteen) business days of the date of receiving this notice it is our policy to refer the matter to our Collection Agent, Fast Track Debt Collection, for recovery without further notice. Please note that if such action is necessary you will also be liable for collection costs and interest pursuant to our Terms & Conditions of Trade in ‘addition to the invoiced amount. We have sent reminders at several occasions through emails and even personal visit to your office for release of the said outstanding payment, but you have always been dilly delaying the same on fone pretext or the other due to ulterior motives and so far have not paid the said outstanding, undisputed amount. Therefore, through this Notice we finally call upon you to pay Rs.40,00,000/- along with interest ©18 % p.a. from the date of notice tll actual realization of the said amount, either by demand draft, Cheque, NEFT or RTGS, which ever mode suits you better. You can also transfer the amount into our, existing account with Bank of India, account no. 000120110001155 located at Fort, Mumbai Branch. We are requesting you to clear 15 days from the date of receipt of this notice, failing which our Company will be constrained to take all/any legal action available to our Company including civil, criminal, suit for recovery and other miscellaneous proceedings against you in the competent court of law and in that event you shall be fully responsible for the same. Legal action may result in you having to pay legal costs; interest and any other additional remedy whatsoever available to us under the court of law. We look forward to hearing from you. Should you wish to discuss regarding this matter, the contact details are as follows: Name:- Hemant Patel, Chief Financial Officer; E-mail address:-hemant.patel@lidigital.in; and Phone number:- +91-8452844572 A copy of this notice has been retained by the undersigned for record and you are required to keep, this notice with you, such the same cane be produced at the court of law as deemed necessary. Yours sincerely, For My Mobile Payments Limited 7 Tel: 491.022 45021500 URL: www.moneyonmobite.in aCe CURL) Fax: #91 022 45021590