TABLE A - REGULATION 84

AFFIXATION OF SEAL

1. Subject - Affixation of Seal.

2. Passing Authority - Board of Directors.

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

4. Specimen Resolution(s):

"RESOLVED THAT: the approval be and is hereby granted to the execution of an agreement with Y Co. Ltd. relating to office accommodation as per draft placed before the Board and initialed by the Chairman for the purpose of identification and affixing thereto the Common seal of the company; such execution and affixation to be under the signatures of Mr. A.Raman, and Mr. Krishna, Directors of the Company and counter-signature of Mr.Govindan,. Secretary of the Company in terms of Article 104 of the Company's Articles of Association."

5. Guidelines:

1) The number of persons who will sign the document to which the seal is affixed depends upon the provisions of the Company's Articles of Association.

2) Before affixing the seal, the Board must pass a resolution.

3) A document (which is defective as regards the seal affixed thereto) is not bad for all purposes the court will in such cases give effect to the intention of the parties if it is satisfied that the parties intended and had power to make the contract.

4) Where the seal is affixed to an instrument without authority, the instrument will be a forged instrument.

But third persons without notice of irregularity or want of authority, will be protected.

6. Filing: Nil.