Minutes of the 26th SEEPZ-SEZ Authority Meeting held on 17.08.2015

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"MINUTES OF THE 26% MEETING OF THE SEEPZ SEZ AUTHORITY HELD (4 | ON 17% August, 2015 AT 11.30 AM UNDER THE CHAIRMANSHIP OF | DEVELOPMENTSEEPZ SEZ AUTHORITY.COMMISSIONER, SEEPZ SEZ AND CHAIRPERSON, |. _ The following were present: | . pO 1) Shri V.P. ShuklaMember oe Estate Manager/ DDC ey .. | 2) Shri. Abhay Doshi, (MD}. M/s. Member Representating Trade. | Fineline Circuit Ltd. é a 3) Shri. Prem kumar L. Kothari, (CMD)-. Member Representating Trade a ! M/s. Fine Jewellary Manufacturing Ltd. : | | Minutes of the meeting held on 17th August, 2015 were confirmed. | : _ Agenda No. I: Concession of rent on Dental clinic facility The Authority that it is welfare activity and the facility is used by the. po! employees of Zone units and that concessional tariff is being provided by'the - | . clinic. Considering, the justification furnished in their representation dated | 29.09.2014, the Authority observed that concessional lease rent may; be | granted for a five years to provide stability of business setup. 7 ' | , Decision: The Authority approved grant of rent concession to the oo extentclinic of 50% w.e.f. 1.12.2014for a period of 5 years, Performance of . ! would be reviewed every year and rent may be revised on the. i , -basis of performance. | . 7 ! ; : Agenda No. II: Concession of lease rent to Indian Coffee Workers’ ‘Co-: : | op. Society Ltd (ICH). | . | ICH vide letter dated 29.06.2015 has requested for the waiver of rent on the ground that they are incurring loss in the business and providing | concessionalfood for the poor section of the workers. They have also stated . ; in there letter that rent amount itself will cost them heavily. an

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Decision: As welfare measure, the Authority approved the lease rent of . be Rs. 100 per sq mtr pa w.e.f. 1.04.2015. | a Agenda item No. Ill: Annual Account for the F, Y. 2014-15. EG i | Approval for financial statement of the Authority for the F.Y. 2014- 15 - | Approval for financial statement of the Authority prepared by M /s. R. | ; Devendra and Associates, the CA firm by the Authority for the F.Y. 2014-15) | , . is submitted for consideration of Authority. Be . Decision: After detailed discussion, the Authority approved the | 4 | financial statement for the period of 2014-15. | Agenda: IV: Extension of contract of PCI for further period of one year | | The proposal was for the extension of M/s. PCI contract period for a further | es period of 1 year i.e w.e.f. 16.08.2015 for 1 year. ro . Decision: The Authority approved the continuation of the contract’ for | | a further period of 1 year i.e w.e.f. 16.08.2015. | : Agenda: V: Concession of M/s. Big-Boss | Ce . | In the 25 Meeting of SEEPZ SEZ, AUTHORITY, it was approved that " ! rent concession to be extended upto 50% w.e.f. 08.06.2014, with terms andconditions. Their business is running in loss having members only upto . } 30% of the total handling capacity. for which they had installed) all — i ' infrastructure. The party letter dated 25.06.2015, they are providing the ; | — health and gym services at the most lowest and reasonable prices in suburb | . } to promote health awareness and fitness amongst the citizens. | The result of the above their breakeven year is shifted and ‘still | - unpredictable with the current business trend and financials that the gym is | | . handling. The request of M/s. Big Boss seeking rent concession was | | considered. . a Decision: The Authority approved grant of rent concession to) the ; 3 extent of 50% w.e.f. 9.05.2015 for a period of 5 years, the Performance __

' of gym will be reviewed every year and rent may be revised on the basis ‘Ss b of performance. of ce . Agenda: VI: Quarter’s allotment Rule | | | . These Rules may be called as “Allotment Rules of Accommodation in SEEPZ, 1 oo -SEZ Residential Complex, Mumbai, 2015.” — : o It shall come into force with effect from 1st August, 2015. e | : . | : | ' Decision: After the detailed discussion the Authority approved | | Quarter’s allotment Rule. : . Agenda: VII: MOU with M/s. Stree Mukhti for Créche (SMS) | : : | The MOU ‘has’ been entered between SEEPZ SPECIAL ECONOMIC _ ZONE, AUTHORITY ~- MANAGER ESTATE and M/s. STREE MUKT! | i aa SANGHATANA on day St June, 2015, in pursuance to: that advance | | payment Rs. 1,50,000/- has been given to them which will bereserved with ~ the SMS. The SMS shall submit the bill of their monthly expenditure on or before the 15th day of each month and the Authority shall release, the monthly payment within 7 days from the date of receipt of bill. EO | | Decision: After the detailed discussion the Authority approved the MOU and arrangement regarding créche facility which is of essential nature . under factory Act for units. po Agenda: VIII : MOU for M/s. Vasundhara for Solid Waste . | ae vo The MOU has been entered between SEEPZ SPECIAL ECONOMIC Fo _ ZONE, AUTHORITY - MANAGER ESTATE and M/s. VASUNDHARA | | GHANAKACHRA SEVA SAHAKARI SANSTHA, LTD on date 5 June, 2015, in | 7 : case the waste is not collected from the units for any reason such as due to : | failure of vehicles, non reporting of driver or labour, except in cases of: natural calamities, the Vasundhara shall pay the penalty of Rs. 1,000/- for : each failure. In addition to that, the pay for such vehicle, driver or labour : 7 shall also not be paid for such period. It was discuss in the meeting that to | —

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oe extension the contract of M/s. Vasundhara for Solid Waste for 1 year w.e.f .. o> 5.2.2015 with the same terms and conditions. | ho : | Agenda IX: Extension of contract of M/s. BVG Po The proposal was for extension of M /s. BVG’s contract period for a further | | period of six month i.e from 15t May, 2015 to 31st October, 2015. | ! - Decision: The Authority approved the continuation of the contract for | ! six month i.e from 1st May, 2015 to 31st October, 2015, with the same 3 terms and conditions. - ) Agenda Item No-X : Renewal of Legal Advisor Contract po | ; - extension The Authority noted that the services of Legal Advisor have been | Cy | for attending the various Court matters. . — | : Decision: The Authority approved the services of Dr. Kaushik as Legal | | Advisor for 11 month w.e.f 16.08.2015 to 15.06.2016. @ Rs. 1500/| p-m. as conveyance allowance and remuneration @ Rs. 69,060/- PM. As ! ce regards eligibility while on official tour Dr. Kaushik will be eligible for | : economy class travel by Air India and Rs. 4,500/- per day for Hotel Accommodation and actual local conveyance for visit to Delhi. . ! Agenda Item No-XI : Monthly Lease rent in advance . | | . . it was earlier instructed that to take the rent in advance. It is " proposed that unit may be allowed to deposit rent © . chargedmonthly/ quarterly /half yearly/yearly basis. However, the interest should be,on |- if unit fail to pay the rent in advance for one month and treating the | frequency as monthly payment. . eG Decision: After the detailed discussion the Authority approved monthly | lease rent in advance, after which simple interest @ 12% will be | ) — charged to be compounded at the end of each financial year. Bo | .

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Agenda Item No-XIl: Constitution of a Committee for AMC and M&R work

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The Members representating the trade stated that the projects executed. through MIDC normally take longer time and the quality of the work of the’ contractor also at many times become an issue. They suggested that. | wherever the work is to’be directly executed by the Authority, the services of. ! the reputed organizations such as KPMG, PWC, and Accenture etc can! be’ F explored to provide turnkey service and expertise. The Chairperson observed : that the suggestion would be examined and invited their active. contribution on the issue. .

Agenda Item No-XIII: Revised rate of Gate pass for the FY 2015-16 | | Circular regarding revised gate pass changes as approved in the. | Authority Meeting held on 13th April, 2015 was issued to units. | Subsequently, there were representation from the SG&JMA and other | industry association and also units, seeking reduction in the charges. This . ! was discussed with the industry association and the following reduction in ! charges was agreed and accordingly revised circular no. 02 dated. ; 29.04.2015 issued. : BO,

Decision: After the detailed discussion the Authority approved revised | rate of Gate pass for the FY 2015-16 as issued under circular no. 02 dated 29.04.2015. | The meeting ended with vote of thanks to the Chair

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lng os. SEEPZASEZ Authority