Deutsche Bank AG Depository Services, DB House, Hazarimal Somani Marg, Fort, Mumbai 400 001. DEPOSITORY SERVICES ACCOUNT OPENING CORPORATE/CLEARING MEMBER NATIONAL SECURITIES DEPOSITORY LTD. Lead Generated by (Code) Lead Converted by (Code) Internal Ref. No. DP ID: IN300167 Depository Account Opening Documents (AOD) - Checklist (Investor) Branch Code Branch Name Demat Account No. To be filled in by DP Date D D M M Y Y Y Y Name of the Clearing Member Name of the Corporate CM ID (for clearing member only) Type of Account Body Corporate FI Bank FII Trust OCB Others (Please specify) Name of the Document Account Opening Form Submitted Yes No Exceptions, if any Depository Agreement* SEBI Certificate for clearing member Stock Exchange Letter for clearing member CC Letter (CM-ID) for clearing member Memorandum & Articles of Association or/ Trust Deed in case of Trust Board Resolution/Trust Resolution for Corporate/Trust Specimen Signatures List Fax Indemnity (Optional) Current A/c Introduction by existing demat Account Holder Debit authorization Signed Photographs * Applicable Stamp Duty Fax Indemnity on Rs 300/- Stamp Paper NO TE: ANY CORRECTION/ALTERATION IN THE FORM REQUIRES SIGNATURE OF ALL HOLDERS. * For Documents to be submitted see options as given overleaf. * Attach all ID Proofs, Address Proofs and relevant documents on last page only.
Notes 1. The names of the account holders should be exactly in the same order as mentioned in the certificates to be dematerialized. 2. In case of additional signatures, separate annexure should be attached to the application form. 3. As per NSDL Circular No. NSDL/PI/2002/1319 dated August 8, 2002, following documents maybe accepted as proof of identity/proof of address: (i) Memorandum & Articles of Association (MoA & AoA), board resolution for opening demat account and the list of authorized si gnatories along with their specimen signatures and photographs, etc. (ii) Introduction by an existing account holder or by the applicant s bank. (iii) Proof of address of the corporate evidenced by the document registered with Registrar of Companies or acknowledged copy of Income Tax Return or Bank Statement or Leave & Licence Agreement/Agreement for Sale. 4. Thumb impressions and signature other than English or Hindi or any other languages not contained in the 8th Schedule of the Constitution of India must be attested by a Notary, Public or a Special Executive Magistrate. 5. Strike off whichever is not applicable.
Deutsche Bank AG, Depository Services, DB House, Hazarimal Somani Marg, Fort, Mumbai 400 001. DP ID: IN300167 APPLICATION FOR OPENING AN ACCOUNT (For Corporate/Clearing Members Only) Client ID Date (To be filled in by participant) D D M M Y Y Y Y We request you to open a Depository Account in our names as per the following details. (Please fill in all the details in CAPITAL LETTERS only.) Type of Account Body Corporate FI Bank FII Trust OCB Others (Please specify) Client Details Name of Corporate Registered Office Address City Correspondence Address (if different) City Tel. No.: PIN Code (Mandatory) PIN Code (Mandatory) Mapin ID Fax No.: Mobile No.: 9 1 SMS facility Yes No E-mail Address Address for communication/corporate benefits (Default option is Local Address) Local/Permanent Address Correspondence Address/Foreign Address Second Holder Name Name of Father/Husband Local/Permanent Address City Tel. No.: PIN Code (Mandatory) Mapin ID Fax No.: Mobile No.: 9 1 SMS facility Yes No E-mail Address Third Holder Name Name of Father/Husband Local/Permanent Address City Tel. No.: Occupation PIN Code (Mandatory) Mapin ID Fax No.: Mobile No.: 9 1 SMS facility Yes No E-mail Address Occupation
In Case of FIIs/OCBs/Others (as applicable) Foreign Address RBI Reference No. SEBI Registration No. (for FIIs) Bank Details (In future dividends maybe credited in this account) Account Sub-type: Savings Account Current Account Savings Account No. Bank Name Bank Address RBI Approval Date Current Account No. D D M M Y Y Y Y City PIN Code (Mandatory) For ECS, provide 9-digit Code of the Bank and branch appearing on the MICR cheque issued by the Bank Financial Details: Sole/First Holder P.A.N. No. IT Circle/Ward/District No. Second Holder P.A.N. No. IT Circle/Ward/District No. Third Holder P.A.N. No. IT Circle/Ward/District No. Standing Instructions I/We authorize you to receive credits automatically into my/our account. (Default is, Yes) Yes No Account to be operated through Power of Attorney (PoA) (Default is, No) Yes No Clearing Member Details (To be filled in Clearing Members only) Name of Stock Exchange Name of Clearing Corporation Clearing Member ID SEBI Registration No. Trade Name CM-BP-ID (to be filled in by Participant) Mode of Operation for Sole/First Holder (In case of Joint holdings, all the holders must sign.) Any one singly Jointly by As per resolution Others (Please specify) Please attach recent passport sized photographs in the space provided below: Sole/First Holder (Signature across the photograph) Second Holder (Signature across the photograph) Third Holder (Signature across the photograph)
SPECIMEN OF BOARD RESOLUTION ON COMPANY LETTER HEAD Extract of Board Resolution passed in the Board Meeting of dated held at the registered office at of the Company. Resolved that the CDSL / NSDL Benefi ciary Account be opened in the name of with Deutsche Bank Further the following directors / signatories are authorized to operate these account as per the mode of operation mentioned against. Sr. Name Designation Mode of Operation Signatures No. Resolved further that the abovedirectors be and are hereby authorized to execute all the necessary documents that may be required by the bank for opening of the account. Resolved further that the abovedirectors be and are hereby authorized to givesuch undertakings or indemnities as may be required by the bank from time to time for the operation of the account. Resolved further that any director be and is hereby authorized to forward a copy of this resolution to the bank for information and record. For Company Secretary Director1 Director2 Acknowledgement Deutsche Bank AG Depository Services, DB House, Hazarimal Somani Marg, Fort, Mumbai - 400 001. S. No. Accepted/Rejected the application from Mr / Ms. as the sole/first holder alongwith and as the second and third holders respectively for opening of a depository account. Your Client Id will be intimated to you shortly on acceptance. Please quote the DP Id & Client Id allotted to you in all your future correspondence. Date D D M M Y Y Y Y Participant Stamp & Signature
Sl. No. COR Authorization of Debiting the Current Accounts/Savings Accounts for Bank Charges & Undertaking for the Payment of Interest in case of occurrence of Debit Balances To, Deutsche Bank AG, Depository Services, DB House, Hazarimal Somani Marg, Fort, Mumbai 400 001. I/We, residing at (A/C holder s names) maintain a Saving Account/s / Current Account/s ( the Said Accounts), with Deutsche Bank AG, hereinafter called the Bank (which expression shall unless it be repugnant to the context or meaning thereof mean and include its successors in title) at its (Name & Address of the branch) and the Savings/Current Account No. is Account No. Name Address Line - 1 Address Line - 2 City State PIN Code Country Cust. ID (Allotted at the time of opening Savings A/c) Corporate Salary A/c Yes No I/We hereby authorize the Bank to debit all types of bank charges/commissions/fees ( Service Charges ) payable by me/us to the said Accounts. I/We undertake that sufficient balances shall be maintained by in the said accounts to facilitate the debiting of Service Charges. The failure on part of me/us to maintain sufficient balance in the said account shall not anyway impair the right of the Bank to debit the Service Charges. I/We hereby further authorize the Bank to charge any interest on debit balance in the said Accounts due to the debiting of Service Charges. The Bank shall not be obliged to provide overdraft facility on the said Account but for towards the debiting of Service Charges payable by me/us. I/We specifically agree and confirm that any matter or issue arising hereunder shall be governed by and construed exclusively in accordance with the Indian laws and shall be subject to the jurisdiction of the courts of Mumbai in India. SIGNED AND DELIVERED Signature of SB/Current Account Holder Name of SB/Current Account Holder Signature of Name of : Address For Office Use only Signature tallied by Dated D D M M Y Y Y Y Initials
Undertaking-cum-Indemnity in respect of facsimile instruction for operation of Depository Account (Corporate/CM) To, Deutsche Bank AG, Depository Services, DB House, Hazarimal Somani Marg, Fort, Mumbai 400 001. We a Company incorporated and registered under the laws of having its Registered Office at (hereinafter referred to as the Company, which expression shall, unless it be repugnant to the context or meaning thereof, mean and including its successors in title) execute this UNDERTAKING-CUM- INDEMNITY in favour of Deutsche Bank, a banking company incorporated and registered under the Companies Act, 1956 and having its Registered Office at DB House, Hazarimal Somani Marg, Fort, Mumbai 400 001, hereinafter called the Bank (which expression shall unless it be repugnant to the context or meaning thereof mean and include its successors in title) at on day of as follows: WHEREAS the Company maintains a Depository Account/s with the Bank at DB House, Hazarimal Somani Marg, Fort, at Mumbai (Bombay)and as per the instructions for operation of the Said Accounts the same is allowed to be operated by the persons authorized by the Company and communicated to the Bank in writing either by the Company Secretary / Managing Director / Director or any such person authorized by the Company to the same, (hereinafter referred to as Authorized Persons ). AND WHEREAS in its day-to-day business, the Company is required to give urgent instructions to the Bank for operation of the Said Accounts: WHEREAS the Bank has agreed to accept Fax Submission signed by the Authorized Persons on behalf of the Company to operate the Said Accounts under their signatures in a similar way and manner as provide in the said operating instructions / account opening form and subject to the indemnity herein offered by the Company to the Bank and the terms & conditions herein-mentioned. AND IN CONSIDERATION OF THE ABOVE, the Company hereby irrevocably agree, confirm and undertake with the Bank and these present witnesseth as follows: 1. The Company shall transmit the Fax Instructions only to the fax number informed/provided to us by the Bank and use this number for such Fax Submission only and not for any other transmission/purpose. 2. The Fax Submission shall be signed by the Authorized Persons mentioned in the List of Authorized Person submitted by the Company to operate the Said Accounts on behalf of the Company and their signatures shall be in the same manner and way as has been informed to the Bank by the Company and the Bank is hereby requested and authorized, but is not obliged to rely upon and act, in accordance with such Fax Submission which is signed; or belie ved bythe Bank to havebeen given, by the Authorized Persons. 3. The Bank is requested by the Company and shall be entitled to treat any Fax Submission be obliged or issued and fully authorized by and binding upon the Company and further be entitled (but not bound) to take any steps relying upon the same and to act upon the same, believing the Fax Submission, in good faith as appropriate, regardless, of the amount of money involved and notwithstanding any error in transmission or reception of such Fax Submission or any misunderstanding or ambiguity or lack of clarity in the terms of such Fax Submission. 4. The Company shall upon making and Telefax Submission hereunder, deliver to the Bank without any delay within two (2) business days, the original hard copy of the Fax Submission (the hard copy) signed by the Authorized Persons as aforesaid. The Company acknowledges and agrees that on the Company s failure to deliver the original hard copy of the instructions to the Bank within two (2) days, the facility contained herein shall automatically stand withdra wn without any further intimation to the company. Each hard copy shall be accompanied by a note or a cover slip which shall state that: This is a hard copy of the Fax Submission to you from transmitted on day of at approximately a.m./p.m. Provided however,that the Bank may,but shall not be obliged to, await receipt of the hard copy prior to taking any action inconnection with the fax submission and shall not be obliged to follow-up with the Company for the originals. Further the storage of a photocopy of the Fax transmission sent by the Company shall be the conclusive evidence of instructions to the Bank for having acted on such instructions and the Company hereby agree and acknowledge the same. 5. The Bank shall not be required to confirm (whether orally, in writing or otherwise) any fax submission or verify the identity of the Authorized Person/s or his/her/their signature/s making or giving the fax submission or purporting to do so. 6. The Bank shall be under no duty to set and/or adopt any procedure for the purpose of such confirmation or verification and if at all there is any, the Bank shall not be obliged to adopt or comply with the same in any or every instance. 7. The Bank shall not be liable for any losses or damages which the Company may suffer as a consequence of the Bank acting in accordance with or in reliance upon, any Fax submission or otherwise pursuant to the authority conferred herein, upon the Bank. 8. The Company shall indemnify the Bank and keep the Bank indemnified and save harmless at all times against any and all claims, losses, damages, cost, liabilities and expenses incurred, suffered or paid by the Bank or required to be incurred, suffered or paid by the Bankand also against all demands, actions, suits proceedings made, filled, instituted against the Bank in connection with or arising out of or relation to: i. The Bank acting pursuant to, in accordance with or relaying upon, any Fax submission or otherwise pursuant to the request and authority conferred herein; and or; ii. The Bank acting pursuant to, in accordance with or relying upon any Fax submission receiv ed by the Bank which it beli evesin good faith to be such a Fax Submission; and or, iii. Any unauthorized or fraudulent Fax submission to the Bank. PROVIDED that this indemnity shall not be available to the Bank if the liabilities for which the Bank is seeking indemnity her eunder, arise from its own negligence or wilful default. 9. The Bank shall not be under any obligation at anytime to maintain any facility for the receipt of any Fax Submission or to ensure the continued operations or availability of any such facsimile facilities or equipment. 10. The Company acknowledges and confirms that it is aware of the nature of telecommunications services that the Fax transmissions may not be received properly and maybe read by or be known to any unauthorized persons. The Company agrees to assume and bear all the risks involved in respect of such errors and misunderstanding and the Bank shall not be responsible in any manner for the same or breach of confidentiality thereto and shall also not be liable for any claims, losses, damages, costs or expenses and liabilities arising therefrom. 11. This indemnity is without prejudice to the Bank s other rights, privileges, powers and remedies in law and the Bank may delayenforcing its rights without at anytime losing them and any waiver of a right by the Bank hereunder available or to it by law,shall not be deemedto be a waiver of any other rights or of the same right at another time. 12. The Bank may stop/terminate this facility given to the Company by giving ten-day prior written notice to the Company. Howe ver, any such termination shall not affect anything done or any rights or liabilities accrued or incurred prior to the termination and all the above indemnities given by the Company to Bank hereunder shall survive any such termination. The Company specifically agrees and confirms that any matter or issue arising hereunder shall be governed by and construed exclusively in accordance with the Indian laws and shall be subject to the jurisdiction of the courts of Mumbai (Bombay) in India. Dated at this day of SIGNED AND DELIVERED by the within-named through the hands of its constituted. Attorney At Mumbai
DP ID - IN300167 CLIENT ID Customer Copy Agreement between the Depository participant and the person seeking to open an Account with the Depository Participant This Agreement made and entered into this day of between situated at (hereinafter called the Client ) and Deutsche Bank AG, Depository Services, DB House, Hazarimal Somani Marg, Fort, Mumbai 400 001. (hereinafter called the Depository Participant ). to WHEREAS the Client has furnished to the Depository Participant the duly? lled in application form requesting therein to open an account with the Depository Participant. NOW THEREFORE in consideration of the Depository Participant having agreed to open an account for the Client, both the partiesto the agreement hereby covenant and agree as follows: 1. The Client shall pay such charges to the Depository Participant for the purpose of opening and maintaining his account, for carrying out the instructions of the Client and for rendering such other services as maybe agreed to from time to time between the Depository Participant and the Client as set out in Schedule A. The Depository Participant shall reserve the right to revise the charges by giving not less than thirty days notice in writing to the Client. 2. The Client shall havethe right to get the Securities which havebeen admitted on the Depository dematerialized in the formand manner laid down under the Bye Laws and Business Rules. The Depository Participant further undertakes that it shall not create or permit to subsist any mortgage, charge or other encumbrance over all or any of such Securities submitted for dematerialization except on the instructions of the Client. 3. The Depository Participant hereby undertakes that it shall maintain a separate account of its own Securities held in dematerialized form with the Depository and shall not commingle the same with the Securities held in dematerialized form on behalf of the Client. 4. The Depository Participant undertakes that a transfer to and from the accounts of the Client shall be made only on the basisof an order, instruction, direction or mandate duly authorized by the Client and that the Depository Participant shall maintain adequate audit trail of such authorization. 5. The Depository Participant agrees that the Client may give standing instruction with regard to the crediting of Securities in his account and the Depository Participant shall act according to such instructions. 6. The Depository Participant undertakes to provide a transaction statement including statement of accounts, if any, to the Client at monthly intervals unless the Depository Participant and the Client haveagreed for provision of such statements at shorter intervals. Ho wever,if there is no transaction in the account then the Depository Participant shall provide such statement to the client at least once a quarter. 7. The Depository Participant shall havethe right to terminate this Agreement, for any reasons whatsoever,provided the Depository Participant has given a notice in writing of not less than thirty days to the client as well as to the Depository. Similarly, the Client shall havethe right to terminate this Agreement and close his account held with the Depository Participant, provided no charges are payable by him to the Depository Participant. In such an event, the Client shall specify whether the balances in its account should be transferred to another account of the Client held with another Depository Participant or to remateralize the Securitybalances held. Based on the instructions of the Client, the Depository Participant shall initiate the procedure for transferring such Security balances or rematerializesuch Security balances within a period of thirty days, as per the procedure laid down in the Bye Laws and Business Rules. Provided further, termination of this Agreement shall not affect the rights, liabilities and obligations of either party and shall continue to bind the parties to their satisfactory completion. 8. On the failure of the Client to pay the charges as laid out in Clause (1) of this Agreement within a period of thirty daysfrom the date of demand Depository Participant shall terminate this Agreement and close the account of the Client by requiring it to specify whether the balances in its account be transferred to the account of the Client held with another P articipant or be rematerialised in the manner specified in the Bye Laws and Business Rules. 9. The Client further agrees that in the event of the Client committing a default in the payment of any of the amounts providedin Clause (1) within a period of thirty days from the date of demand, without prejudice to the right of the Depository Participant to close the account of the Client, the Depository Participant may charge interest @ not more than 24% p.a. or such other rate as maybe specified by the Executive Committee, from time to time, for the period of such default. In case the Client has failed to makethe payment of any of the amounts as provided in Clause (1) of this Agreement, the Depository Pa rticipant shall have the right to discontinue the depository services till such time he makes the payment along with interest, if any, after giving two days notice to the Client. 10. The DepositoryParticipant shall havea right to provide such information related to the Client s account as maybe requested by the NSDL from time to time. 11. The Client shall havethe right to create a pledge of the Securities held in the dematerialized form with the Depository Participant only in accordance with the procedure and subject to the restrictions laid down under the Bye Laws and Business Rules. 12. NSDL shall not be liable to the Client in any manner to wards losses, liabilities and expenses arising from the claims of third parties and from taxes and other government charges in respect of Securities credited to the Client s account. 13. The Client may exercise the right to freeze his account maintained with the Depository Participant so as to lock the Securities held with the Depository Participant in accordance with the procedures prescribed in the Bye Laws and Business Rules. 14. The Client may exercise the right to defreeze his account maintained with the Depository Participant in accordance with the procedure and subject to the restrictions laid down under the Bye Laws and Business Rules. 15. The Client shall notify the Depository Participant, within seven days, of any change in the details set out in the application form submitted to the Depository Participant at the time of opening the account or furnished to the Depository Participant from time to time. 16. The Depository P articipant undertak es to resolve all legitimate grie vances of the Client against the Depository Participant within a period of thirty da ys. 17. The Depository Participant and the Client shall abide by the arbitration and conciliation procedure prescribed under the Bye-laws of NSDL and that such procedure shall be applicable to any disputes between the Depository Participant and the Client. 18. The Depository Participant and the Client further agree that all claims, differences and disputes, arising out of or in re lation to dealings on the Depository including any transactions made subject to the Bye Laws or Business Rules of the Depository or with reference to an ything incidental thereto or in pursuance thereof or relating to their validity, construction, interpretation, fulfillment or the rights, obligations and liabilities of the parties there to and including any question of whether such dealings, transactions havebeen entered into or not, shall be subject to the exclusive jurisdiction of the courts at Mumbai only. IN WITNESS WHEREOF the Client and the Depository Participant have caused these presents to be executed as of the day and year first above written. Signed and delivered by 1) 2) 3) (for and on behalf of the Client) Signed and delivered by (for and on behalf of Deutsche Bank AG) Y
DP ID - IN300167 CLIENT ID Agreement between the Depository participant and the person seeking to open an Account with the Depository Participant This Agreement made and entered into this day of between situated at (hereinafter called the Client ) and Deutsche Bank AG, Depository Services, DB House, Hazarimal Somani Marg, Fort, Mumbai 400 001. (hereinafter called the Depository Participant ). to WHEREAS the Client has furnished to the Depository Participant the duly filled in application form requesting therein to open an account with the Depository Participant. NOW THEREFORE in consideration of the Depository Participant having agreed to open an account for the Client, both the partiesto the agreement hereby covenant and agree as follows: 1. The Client shall pay such charges to the Depository Participant for the purpose of opening and maintaining his account, for carrying out the instructions of the Client and for rendering such other services as maybe agreed to from time to time between the Depository Participant and the Client as set out in Schedule A. The Depository Participant shall reserve the right to revise the charges by giving not less than thirty days notice in writing to the Client. 2. The Client shall havethe right to get the Securities which havebeen admitted on the Depository dematerialized in the formand manner laid down under the Bye Laws and Business Rules. The Depository Participant further undertakes that it shall not create or permit to subsist any mortgage, charge or other encumbrance over all or any of such Securities submitted for dematerialization except on the instructions of the Client. 3. The Depository Participant hereby undertakes that it shall maintain a separate account of its own Securities held in dematerialized form with the Depository and shall not commingle the same with the Securities held in dematerialized form on behalf of the Client. 4. The Depository Participant undertakes that a transfer to and from the accounts of the Client shall be made only on the basisof an order, instruction, direction or mandate duly authorized by the Client and that the Depository Participant shall maintain adequate audit trail of such authorization. 5. The Depository Participant agrees that the Client may give standing instruction with regard to the crediting of Securities in his account and the Depository Participant shall act according to such instructions. 6. The Depository Participant undertakes to provide a transaction statement including statement of accounts, if any, to the Client at monthly intervals unless the Depository Participant and the Client haveagreed for provision of such statements at shorter intervals. Ho wever,if there is no transaction in the account then the Depository Participant shall provide such statement to the client at least once a quarter. 7. The Depository Participant shall havethe right to terminate this Agreement, for any reasons whatsoever,provided the Depository Participant has given a notice in writing of not less than thirty days to the client as well as to the Depository. Similarly, the Client shall havethe right to terminate this Agreement and close his account held with the Depository Participant, provided no charges are payable by him to the Depository Participant. In such an event, the Client shall specify whether the balances in its account should be transferred to another account of the Client held with another Depository Participant or to remateralize the Securitybalances held. Based on the instructions of the Client, the Depository Participant shall initiate the procedure for transferring such Security balances or rematerializesuch Security balances within a period of thirty days, as per the procedure laid down in the Bye Laws and Business Rules. Provided further, termination of this Agreement shall not affect the rights, liabilities and obligations of either party and shall continue to bind the parties to their satisfactory completion. 8. On the failure of the Client to pay the charges as laid out in Clause (1) of this Agreement within a period of thirty daysfrom the date of demand Depository Participant shall terminate this Agreement and close the account of the Client by requiring it to specify whether the balances in its account be transferred to the account of the Client held with another P articipant or be rematerialised in the manner specified in the Bye Laws and Business Rules. 9. The Client further agrees that in the event of the Client committing a default in the payment of any of the amounts providedin Clause (1) within a period of thirty days from the date of demand, without prejudice to the right of the Depository Participant to close the account of the Client, the Depository Participant may charge interest @ not more than 24% p.a. or such other rate as maybe specified by the Executive Committee, from time to time, for the period of such default. In case the Client has failed to makethe payment of any of the amounts as provided in Clause (1) of this Agreement, the Depository Pa rticipant shall have the right to discontinue the depository services till such time he makes the payment along with interest, if any, after giving two days notice to the Client. 10. The DepositoryParticipant shall havea right to provide such information related to the Client s account as maybe requested by the NSDL from time to time. 11. The Client shall havethe right to create a pledge of the Securities held in the dematerialized form with the Depository Participant only in accordance with the procedure and subject to the restrictions laid down under the Bye Laws and Business Rules. 12. NSDL shall not be liable to the Client in any manner to wards losses, liabilities and expenses arising from the claims of third parties and from taxes and other government charges in respect of Securities credited to the Client s account. 13. The Client may exercise the right to freeze his account maintained with the Depository Participant so as to lock the Securities held with the Depository Participant in accordance with the procedures prescribed in the Bye Laws and Business Rules. 14. The Client may exercise the right to defreeze his account maintained with the Depository Participant in accordance with the procedure and subject to the restrictions laid down under the Bye Laws and Business Rules. 15. The Client shall notify the Depository Participant, within seven days, of any change in the details set out in the application form submitted to the Depository Participant at the time of opening the account or furnished to the Depository Participant from time to time. 16. The Depository P articipant undertak es to resolve all legitimate grie vances of the Client against the Depository Participant within a period of thirty da ys. 17. The Depository Participant and the Client shall abide by the arbitration and conciliation procedure prescribed under the Bye-laws of NSDL and that such procedure shall be applicable to any disputes between the Depository Participant and the Client. 18. The Depository Participant and the Client further agree that all claims, differences and disputes, arising out of or in re lation to dealings on the Depository including any transactions made subject to the Bye Laws or Business Rules of the Depository or with reference to an ything incidental thereto or in pursuance thereof or relating to their validity, construction, interpretation, fulfillment or the rights, obligations and liabilities of the parties there to and including any question of whether such dealings, transactions havebeen entered into or not, shall be subject to the exclusive jurisdiction of the courts at Mumbai only. IN WITNESS WHEREOF the Client and the Depository Participant have caused these presents to be executed as of the day and year first above written. Signed and delivered by 1) 2) 3) (for and on behalf of the Client) Signed and delivered by (for and on behalf of Deutsche Bank AG)
Service Charges Account Opening/Joining Fees Nil (Stamp Paper Charges, as applicable) Dematerialization Rs 2.50/- per Certificate plus Rs 25/- courier charges or minimum Rs 50/- Account Maintenance Custody Charges Transaction (Buy) Rs 500/- p.a. Nil Nil Transaction (Sell) 0.04% (Min. Rs 25) Pledge Services* Account Closing Rematerialization Failed Instruction Charges Late Instruction Charges# 0.03% of the value of transaction with minimum of Rs 50/- per request Nil Rs 30/- per Certificate Rs 20/- per transaction 0.20% of the Value of transaction with minimum of Rs 30/- per instruction Other Charges, if any Ad-hoc statement - Rs 100/- per statement. All rates are calculated on the market value. The above charges are exclusive of Service Tax, which is currently @10.2% The above rates are subject to change with 30 days prior intimation. Annual Maintenance Charges are not refundable and are levied upfront for a period of one year at the beginning of the period. *Pledge services will include individual pledge creation request, closure request, Pledge invocation receipt, pledge invocation delivery favouring other counter parties only. All instructions for transfer must be received at the designated branches of the Bank atleast 24 hours before the execution date. # All instruction received on the same day as the pay in date or received after 4.00 p.m for the same day execution will be treated as late instructions. (Sole/First Holder) (Second Holder) (Third Holder)
Declaration The rules & regulations of the Depository and Depository Participants pertaining to an account which are in force now havebeenread by us and wehave understood the same and weagree to abide by and to be bound by the rules as are in force from time to time for such accounts. Wealso declare that the particulars given by us are true to the best of our knowledge as on the date of making such application. We further agree that any false/ misleading information given by us or suppression of any material fact will render our account liable for termination and further action. Authorised Signatories (Enclosed a Board Resolution for Authorised Signatories) Sole / First Holder Name Signature(s) First Signatory Second Signatory Third Signatory Other Holders Second Holder Third Holder Thump impressions and signatures other than English or Hindi or any of the other languages not contained in the 8th Schedule ofthe Constitution of India must be attested by a Magistrate or a Notary Public.