Moreover

Date 15.01.2011
To,

1. Sh.Ramandeep singh Anand, Director, S/o Harminder Singh A-50, Sector 31 Noida ( UP)

2. Sh. Kamaldeep Singh Anand, Director, S/o Harminder Singh A-50, Sector 31 Noida ( UP) 3. Smt. Gurleen Kaur Anand, Director, W/O Sh. Kamaldeep Singh Anand, S/o Harminder Singh A-50, Sector 31 Noida ( UP)

4. Smt. Avneet Kaur Anand W/O Sh. Ramandeep Singh Anand A-50, Sector 31 Noida ( UP)

Dear Madam/Sir,

Reg : Accounts No. 0615008700019429 (Cash Credit –Hyp), 061500IB00564035 (Term Loan-I) and 020600IB00011924 (Term Loan II); Credit facilities availed by M/s Harmind Packaging Pvt. Ltd.

You, M/s Harmind Packaging Pvt. Ltd. have availed the following credit facilities from Punjab National Bank

|Sr. NO |Facility |Limit |Balance outstanding as on 31-12-2010+ intt. And|
| | | |other charges w.e.f. 01.12.2010 |
|1 |Cash Credit (Hypth) |Rs.1.85 crore |Rs. 2,03,23,163.71 |
|2 |Term Loan (Mach) |Rs.45.00 lacs |Rs. 15,17,716.00 |
|3 |Term Loan (Mach) |Rs.41.50 lacs |Rs. 28,67,826.00 |
| |Total | |Rs.2,47,08,705.71 |

Due to non payment of installments/ interest/ principal debt, the accounts have been CLASSIFIED AS NON PERFORMING ASSETS AS PER RESERVE BANK OF INDIA guidelines. We have demanded/recalled the entire outstanding together with interest and other charges due under the above facilities, vide