MINISTRY OF DEFENCE & HOME AFFAIRS

APPLICATION FORM

PROPERTY RESTRICTION ACT NO 22 of 1975

Application under the Non-Citizens (Property Restriction) Act for the

Purchase of Shares

1. (a) Name of Company/Societe ........................................................

(b) Address: ......................................................

2. Status of Company/Societe

State whether 9I) Development Certificate Holder

ii) Export Enterprise Certificate Holder

iii) Export Service Certificate Holder

iv) Pioneer Status Certificate Holder

(vi) Other

3. Date of incorporation: ...............................................................................

4. (a) Name and Nationality of Shareholder: ............................................

(b) Precise residential address of foreign investor ..........................................................................

(If a company, indicate name of shareholders of the foreign company) ........................................................................................................

5. (a) Details about shares held/purchased as from the 12th March, 1968

No.of shares Value of each share Date of Purchase/Authorisation & Certificate No
........................................... ........................................... ...........................................

(b) Details about shares to be purchased

No. of Shares Value of Each Share (Nominal Value)
............................ ............................................................

(c) State whether purchase value of shares has already been officially transferred from overseas and credited to the resident account of company.

(I) if yes, please state amount transferred ........................................................

(documentary evidence from the bank should be annexed)

(ii) if no, please state when it is proposed to do so. ..................................................................

6. I ...........................................................................................................................

hereby apply on my own behalf/on behalf of .........................................................

for the consent of the Prime Minister to hold/purchase ...........................................

..................................................(state no of shares).............................................

shares of Rs ........................................................................................................

each in the company/Societe named ...................................................................

..........................................................................................................................

Date: ....................................................... Signature: ......................................

Documents to be submitted:

(1) A copy of the Certificate of Incorporation of Company

(2) A copy of the Memorandum & Articles of Association

(3) Precise information on the Share Capital Structure -

(Total Authorised Capital Total capital to be subscribed local & foreign shareholding)

(4) The Share Valuation Certificate, whenever the shares are not purchased at nominal value.