M/SSree Kanakadurga Mahila Mutually Aided Cooperative Thrift
and Credit Society Ltd
Cheruvu Bazar, Nandigama, Krishna District, Andhra Pradesh.IND.52185.
BOARD RESOLUTION FOR BORROWER
Certified true copy of the Resolution passed by the Board of Directors of M/S Sree
Kanakadurga Mahila Mutually Aided Cooperative Thrift and Credit Society Ltd (the
"Company") at their meeting held on 14h February 2025 at Cheruvu Bazar Nandigama
Krishna Dst Andhra Pradesh IND 521 185.
The Board was informed that at the request of the Company, SamunnatiFinance Pvt. Ltd., a NBFC
incorporated under the Companies Act, 2013 and having its Corporate office at No.129B, Baid Hi
Tech Park, 8h Floor, ECR, Thiruvanmiyur, Chennai - 600041 and having branch office amongst
other places at Guntur (hereinafter referred to as "SFPL") has sanctioned a Short Term Loan
(credit facility) upto a maximum principal amount of Rs.10,00,000/{Rupees Ten Lakhs Only) to
the Company, on the terms, conditions and the securities as mentioned in the sanction letter
dated 27th January 2025 bearing reference number SFPL/FPO/SF IPLPLUS 1737954772692/2024
25 (the "Sanction Letter") and as may be stipulated by SFPL from time to time.
The Board passed the following Resolutions:
Resolved That:
The Company be and is hereby authorised to avail of from SFPL the credit facility, as
1.
mentioned in the Sanction Letter, by whatever name called whether granted upto a
maximum principal amount of Rs. 10,00,000/{Rupees Ten Lakhs Only) in the aggregate,
("the credit facilities") on the terms, conditions and securities as mentioned in the
Sanction Letter and as may be stipulated by SFPL from time to time and to furnish / create
the said securities in favour of SFPL.
2 The persons named in the Schedule 'A' hereunder written ("Authorised Persons"), any
two of them jointly/any of them severally', is/are authorized inter alia to do the following
acts, deeds and things in the name and on behalf of the Company;
To give, accept, confirm, make out, draw, execute, endorse, discount, negotiate,
pay, satisfy, withdraw, discharge, issue and transfer all and any sanction letter/s
of SFPL, Cheques, drafts, bills of exchange, promissory notes (internal and
foreign), hundies, bonds, dividend or interest warrants, letters of credit, bills of
lading, delivery orders, policies of insurance, negotiable or transferable
instruments, agreements, security documents, declarations, undertakings,
writings, indemnities and all renewals and/or amendments thereto and also all
acknowledgment/s or confirmation of debt and/or security and deposit the title
deeds of immovable properties of the company as specified in sanction letter of
SFPL for the purpose of creation of securities, as SFPL may require from time to
time in connection with / for the said credit facilities and also to operate any or
all of the credit facility account(s) maintained by the Company with SFPL.
fu Srse Kanakadurga Mahia
Cooporaliv9 Thrft And Creditkiutuay Alcd
Socisty L.
6SllaJa
DIRECTOR
Delete whichever is not applicable
DIRECTOR
MIS Sree Kanakadurga Mahila Mutually Aided Cooperative Thritt
and Credit Society Ltd
Cheruvu Bazar, Nandigama, Krishna District, Andhra Pradesh.IND.521185.
3 'The Company do request Bodi Ramadevi, Bodi Lavanya, Gollamudi Soujanya, Gonela
Shailaja and Gonela Durga to offer and execute guarantee in favour of SFPL to guarantee
and to secure the repayment of the credit facilities granted / to be granted to the
Company together with interest,cost, and expenses and other charges thereon.
4
The Company do file the requisite particulars of charge/s with the Registrar of the
Companies, Machilipatnam in respect of the securities provided/to be provided to secure
the credit facilities after execution of respective documents within the time prescribed by
law.
5 Acopyof the above resolutions be furnished to the certified as true copy by the Gonela
Durga, Gonela Shailaja of the Company and that the SFPL is authorised to act and rely
upon these resolutions.
Schedule "A"
Name Designation
Gonela Durga Director
Gonela Shailaja Director
For M/s Sree Kanakadurga Mahila Mutually Aided Cooperative Thrift and Credit Society Ltd.
For Sree Kanakadurga Mahila Mutually Aided
Cooperaüve Thrift And Cradit Socisly Ltd.
GDgp
DIRECTORO DIRECTOR
Chairman / Managing Director /Company Secretary
Place: Nandigama.
Date: 14-02-2025.
2To be retained in case the credit facilities are secured by a guarantee.
To be retained in case of secured credit facilities.
4 Needs to be certified by Company Secretary, Managing Director or Chairmman of Board meeting of
Company, other than who is/are authorised to execute document/'s.
