TABLE A - REGULATIONS 10-12

SALE OF SHARES IN ENFORCEMENT OF LIEN

1. Subject - Sale of shares in enforcement of lien.

2. Passing Authority - Board of Directors.

3. Nature of the Resolution - Rejsolution with simple majority.

4. Specimen Resolution(s):

"That the shares numbered 201 to 300 both inclusive standing in the name of Mr. A in the register of members be sold at the ruling market price and that Mr.D, a director of the company be and is here by authorised in accordance with Article 12 of the Company's Articles of Association to execute the necessary transfer deeds and other documents."

5. Guidelines:

1) The articles must contain a power to enforce lien by sale.

2) In the absence of such power, lien can be enforced only through Court.

3) The lien cannot be enforced by forfeiture.

6. Filing: Not applicable.