To
Tea Board,
Ref: Application of ___________________________TE for Subsidy under Special Purpose Tea Fund Scheme
A/c. year_______________________ Owned by ________________
For the activity________________________________________________________
Dear Sir,
In compliance of the terms and conditions set forth in the sanction
order No:.......... Dated........ of Tea Board and having sanctioned
subsidy of Rs ......(..........................)
for replanting/ Replacement planting/rejuvenation pruning and infilling
with or without interplanting/ new planting is small holdings/ creation
of irrigation facilities/ Setting up of pilot tea producers' societies
(Self help group)/ procurement of pruning machine by small growers (
Mention whichever is applicable) in our above mentioned tea Garden/
society, we do hereby agree and undertake to complete the activity
indicated above in our .......... Tea Estate/garden/Society in the
manner envisaged under the scheme and on the terms and conditions
hereinafter mentioned:
- To observe, fulfil, and perform all the terms and condition laid down in Special Purpose Tea Fund of Tea Board.
- Not to sell and/or the tea garden/Society without prior written consent of the Tea Board.
- To sign such document/papers and undertakings and or submit such returns as may be requires by Tea Board from time to time.
- In the event of breach of any of the aforesaid undertaking or the
terms and conditions under the Special Purpose Tea Fund, Tea Board will
be entitled to call for immediately all amount paid as subsidy with
interest thereon at the of 12% per annum and I/ We undertake to pay the
same within 10 days from the date of demand.
Signature of Authorised signatory.
Seal of Company/Garden/Society.
| Appendix-A |
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| (To be given in Tea Company/Registered Society letter head) |
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DRAFT RESOLUTION TO BE PASSED BY THE BOARD OF DIRECTORS OF THE applicant company/society
RESOLVED THAT THE COMPANY/SOCIETY SUBMIT THE Letter of Undertaking
(LOU) to the Tea Board and obtain the subsidy as specified in the
Board's sanction letter under the Board's Special Purpose Tea Fund.
RESOLVED FURTHER that the draft on the under mentioned document
placed before this meeting and initialed by the Chairman of the meeting
thereof be and the same is hereby approved and the same be completed
with such modifications as may be agreed upon the Company and the Tea
Board.
- Draft of the Letter of Undertaking in connection with Special
Purpose Tea Fund Scheme between the Tea Board of the one part and
________________________ (insert name of the company)
- RESOLVED FURTHER that a Common seal of .............. (insert name
of the company) be affixed to the engrossed and stamped LOU in
connection with specified activities under Special Purpose Tea Fund
Scheme, between the Tea Board of the one part and Shri
................. & Shri................, being two of the
directors and they are hereby authorised to sign the said Letter of
Undertaking on behalf of the company.
RESOLVED FURTHER that Shri______________________________, a Director of
the Company be and he is hereby authorised to sign the Letter of
Undertaking answer all requisitions in connection with the said Letter
of Undertaking on behalf of the Company.
TRUE COPY
CHAIRMAN OF THE MEETING
Full signature of the Director (s) authorised to sign the Letter of Undertaking on behalf of the Company.
- __________________________________________________
- __________________________________________________
Attested
by
_________________________________
(Signature of the Chairman of the Meeting)
N.B Resolution should be in accordance with the Seal Clause of the articles of Association of the Company/Society.
