PRIMAL PROJECTS PVT LTD SEZ (BANGALORE) (04/2016) DATE: TIME: noon

Transcription

1 PRIMAL PROJECTS PVT LTD SEZ (BANGALORE) 40 th MEETING OF APPROVAL COMMITTEE (04/2016) DATE: TIME: noon AGENDA FOR THE 40 TH MEETING OF THE APPROVAL COMMITTEE OF PRIMAL PROJECTS PVT LTD SEZ TO BE HELD ON 24 TH JUNE 2016 Sl. No. A Agenda items Confirmation of the minutes of the 39 th meeting of the Approval Committee held on 9th May Pages B Action taken on decisions of previous meeting 06 C To consider the following : 1 2 Application for amalgamation and subsequent change of name of the entity to M/s Genpact India Private Limited (Annexure 1) Application of M/s Cadence AMS Design India Private Limited for merger with M/s Cadence Design Systems (India) Private Limited (Annexure 2)

2 Primal Projects Pvt Ltd SEZ, Bangalore - Approval Committee Members 1. The Director, Government of India, Department of Commerce, Udyog Bhavan, New Delhi moc_epz@nic.in, srinivan.g@nic.in 2. The Jt. Director General of Foreign Trade C & E Wing, 6th Floor, Kendriya Sadan, 17th Main, 2nd Block, Koramangala, Bangalore. Bangalore-dgft@nic.in 3. The Commissioner of Central Excise I, Central Revenue Building, Queens Road, Bangalore Ph: ,Fax: commrcexbangalore1@gmail.com shailu11704@rediffmail.com 4. The Commissioner of Income Tax, Bangalore-III, C R Building, Queen s Road, Bangalore cit3.bangalore@incometax.gov.in 5. The Deputy Secretary (IF-I), Ministry of Finance, Govt of India, Jeevan Deep Building, Sansad Marg, New Delhi Fax No The Secretary to Government of Karnataka, Department of IT, BT & Science & Technology, 6th Floor, 5th Stage, Multi Storeyed Building, Dr. B.R.Ambedkar Veedhi, Bangalore itbtsec@gmail.com, skrishna@outlook.com, skrishna@gov.in Ph: / / Fax: The Commissioner for Industrial Development & Director of Industries & Commerce, Govt of Karnataka, Khanija Bhavan, (South Wing), No 49, Race Course Road, Bangalore Ph: ,Fax: commissioner@karnatakaindustry.gov.in 8. The Chief Executive Officer, M/s Primal Projects Pvt Ltd,( Special Invitee) No. 97/B, I & II floor, 6th Block, Koramangala, Bangalore The Regional Director, ( Special Invitee) Reserve Bank of India, 10/3/8 Nrupthunga Road, Bengaluru

3 A. Confirmation of the minutes of the last meeting The minutes of the 39 th meeting of the Approval Committee (03/2016) held on 9 th May 2016 is placed below. This may be confirmed. 3

4 4

5 Action taken report on 39th Approval Committee (03/2016) held on 9 th May, 2016 Sl No 1 2 Approval Application of M/s Cargill Business Services India Ltd for approval of specified services which are not included in the default list of services. Application of M/s Accenture Services Pvt Ltd for approval of services required in relation to their authorized operation. Letter No. and Date of issue of letter

6 Annexure 1 C.1 Amalgamation and subsequent change of name of the entity to M/s Genpact India Private Limited M/s Genpact India Private Limited is having 2 SEZ units in Primal Projects Pvt Ltd SEZ with LOA No.KA:17:07:Pritech:2B dated and No.KA:17:07:Pritech:3G dated for IT/ITES. The units commenced commercial production on and respectively. The units vide letter no.nil dated has requested for change in entrepreneurship of Genpact to its 100% holding company M/s Empower Research Knowledge Services Private Limited on account of business restructuring on the basis of amalgamation order issued by the Hon ble High Court of Hyderabad. The scheme of amalgamation has been subsequently approved by the Hon ble High Court of Delhi vide order dated Consequent on this the company decided to change its name from Empower Research Knowledge Services Private Limited to Genpact India Private Limited and obtained fresh Certificate of Incorporation in the name of M/s Genpact India Private Limited. The Company has submitted undertaking to the effect that it has taken over all the assets and liabilities of Genpact India. The required documents viz. List of Directors of the company, Address of the Directors, copy of passport, copy of Certificate of Incorporation and share holding pattern of the Company have also been submitted. As per proviso to Rule 19 (2) of SEZ Rules, 2006, Approval Committee may approve change of the entrepreneur of an approved unit, if the incoming entrepreneur undertakes to take over the assets and liabilities of the existing unit. The request of the units for merger with M/s Empower Research Knowledge Services Private Limited and subsequent change of name to M/s Genpact India Private Limited is placed below for consideration (Annexure A). 6

7 Annexure A 7

8 8

9 9

10 10

11 11

12 Annexure 2 C.2 Application of M/s Cadence Design Systems (India) requesting merger of M/s Cadence AMS Design India Private Limited with M/s Cadence Design Systems (India) Private Limited M/s Cadence AMS Design India Private Ltd and M/s Cadence Design Systems (India) Private Limited are two units working in Primal Projects Pvt Ltd SEZ with LOA No.KA:17:07:Pritech:3E dated and KA:17:07:Pritech:2Z dated for authorized operations namely IT/ITES. The unit commenced commercial production on and respectively. The units vide letter no.nil dated has intimated that the different Cadence Group entities in India including M/s Cadence AMS Design India Private Limited have been amalgamated with Cadence Design Systems (India) Private Limited in terms of the Order dated issued by the Hon,ble High Court of Karnataka. Pursuant to the Scheme of Amalgamation and the said order of the Hon ble High Court of Karnataka, all rights and liabilities of Cadence AMS Design now stands bestowed to Cadence India and Cadence AMS Design stands dissolved. The Company has submitted undertaking to the effect that they are taking over all the assets and liabilities of M/s Cadence AMS Design India Pvt Ltd and intimated that there is no change in share holding pattern of the Company. As per proviso to Rule 19 (2) of SEZ Rules, 2006, Approval Committee may approve change of the entrepreneur of an approved unit, if the incoming entrepreneur undertakes to take over the assets and liabilities of the existing unit. The request of the units for merger with M/s Cadence Design Systems (India)Pvt Ltd is placed below for consideration (Annexure B). 12

13 Annexure B 13

14 14

15 15

16 C.3 Application of M/s PMC Sierra India (P) Ltd for approval of change of Directors M/s PMC Sierra India Pvt Ltd is holding LOA No. 10/59/ /Primal/SEZ/PMC-Sierra dated for setting up of unit for IT/ITES. The unit vide letter dated 17 th June 2016 has intimated that there is change in some of the Directors. They have forwarded a list of Directors and copy of residence proof in respect of the Directors. The matter is placed before the Approval Committee for consideration. 16

17 17

18 Current Director list DIN/DPIN/PAN Full Name Present Residential Address Designation Date of Appointment MING SIEW NG FLAT B 25/ FLR BLK 3 16 SUI WO ROAD SHATIN 33 HK Director 12/22/ HOANG MINH NGO ORCHID AVE FOUNTAIN VLY CA US FRANK ANDREAS HETTMANN NADUKURU SITA RAMAIAH KOAY SIEW LING 3712 Calle Fino Clarete San Clemente CA US Flat No 204, SS Gradeur, Plot No HMIG 5 To 10 KPHB, Phase V, Kukatpally Hyderabad TG IN Additional Director Additional Director Additional Director 5-4-9, LEBUH SUNGAI PINANG Additional GEORGETOWN PULAU PINANG MY Director 3/17/2016 3/17/2016 3/17/ /20/2015 Previous Director List: DIN/DPIN/PAN Full Name Designation Date of Appointment RAVI PUTTUR Additional Director 5/20/ VIKRAM MADHUKAR LABHE Director 5/20/ Christine Kim Foong OEN Additional Director 12/22/ MING SIEW NG Director 12/22/ KASKAR SANJEEV ARVIND Additional Director 2/2/

19 19

20 20

21 21

22 22

23 23