Annual Report cb smile - Jet Airways

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Notice (contd.) RESOLVED FURTHER THAT the Board may, subject to compliance with all applicable laws, rules, regulations, guidelines and approvals, issue receipts and / or certificates representing the Securities with such features and attributes as are prevalent in international and / or domestic capital markets for instruments of such nature and to provide for the tradability or transferability thereof as per the international and / or domestic practices and regulations, and in the forms and practices prevalent in such international and / or domestic markets. RESOLVED FURTHER THAT the Company do apply for listing of the new Equity Shares and / or the Securities, as may be issued pursuant to this Resolution, on the domestic stock exchanges and / or one or more international stock exchanges, as may be necessary, and to apply for admission thereof to the domestic and / or international Depositories. RESOLVED FURTHER THAT the Board be and is hereby authorised to issue and allot such number of Equity Shares as may be required to be issued and allotted upon conversion, redemption or cancellation of any of the Securities or as may be necessary in accordance with the terms of the offering(s), all such Equity Shares shall be subject to the provisions of the Memorandum and Articles of Association of the Company and shall rank pari passu with the existing Equity Shares of the Company in all respects, except such right as to dividend as may be provided under the terms of the issue and in the offer document, if any. RESOLVED FURTHER THAT the pricing of the Securities shall be in compliance with applicable laws, guidelines and regulations and, further, that the pricing of Securities that may be issued pursuant to a QIP shall be in accordance with the applicable SEBI Regulations which presently provide for a price not less than the average of the weekly high and low of the closing price of the related Securities quoted on the Stock Exchanges during the two weeks preceding the “relevant date.” RESOLVED FURTHER THAT the “relevant date” means the date of the meeting in which the Board decides to open the proposed issue or as may be determined in accordance with applicable laws, rules, regulations, guidelines and approvals. RESOLVED FURTHER THAT for the purpose of giving effect to any issue or allotment of Securities as described in the above paragraphs, the Board be and is hereby authorized, on behalf of the Company, subject to compliance with all applicable laws, rules, regulations, guidelines and approvals, to do all such acts, deeds, matters and things as it may, in its discretion, deem necessary or desirable for such purpose, as regards, inter-alia, the issue and / or allotment of Securities, the utilization of issue proceeds and with power, on behalf of the Company, to settle any questions, difficulties or doubts that may arise in regard to any such issue or allotment as it may, in its discretion, deem fit. RESOLVED FURTHER THAT the Board be and is hereby authorised to make all filings including as regards the requisite listing application / prospectus / offer document / offer letter / offer circular / placement document / information memorandum / private placement memorandum or otherwise, or any draft(s) thereof, or any amendments or supplements thereof, and of any other relevant documents with the stock exchanges, RBI, SEBI and such other authorities or institutions in India and / or abroad for this purpose. RESOLVED FURTHER THAT the acts, deeds and things already done by the Board in this regard be and are hereby confirmed, approved and ratified. RESOLVED FURTHER THAT the Board be and is hereby authorised to delegate all or any of its powers herein conferred to any Committee along with the authority to the said Committee to further delegate specific powers to any one or more Directors / Executives of the Company, in order to give effect to the aforesaid Resolution.” 7. Investment in MAS GMR Aerospace Engineering Company Private Limited “RESOLVED THAT pursuant to the provisions of Section 372A and other applicable provisions of the Companies Act, 1956, and subject to all applicable statutory and regulatory approvals including the Foreign Investment Promotion Board, the Reserve Bank of India, as may be required, consent of the Members be and is hereby accorded to the Board of Directors of the Company to invest, in one or more tranches, an amount not exceeding Rs.45,00,00,000 (Rupees Forty Five Crores Only) in the Share Capital of MAS GMR Aerospace Engineering Company Limited, Hyderabad.” 6
Notice (contd.) RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to determine the actual amount to be invested / utilized within the above sanctioned limits, the mode and time of the investment and to execute and sign all necessary deeds and documents including share application forms, acceptance of offer, transfer deeds and share purchase / share subscription and escrow agreements, as may be required for the said purpose, and complete the transaction with such modification(s) as may be required by any of the concerned authority(ies) and to do all such acts, deeds, matters and things as may be necessary to give effect to this Resolution. RESOLVED FURTHER THAT the Board be and is hereby authorised to delegate all or any of its powers herein conferred to any Committee along with the authority to the said Committee to further delegate specific powers to any one or more Directors / Executives of the Company, in order to give effect to the aforesaid Resolution.” 8. Appointment of Ms. Namrata Goyal as a Management Trainee “RESOLVED THAT pursuant to provisions of Section 314 and other applicable provisions of the Companies Act, 1956, consent of the Members be and is hereby accorded to Ms. Namrata Goyal, a relative of Mr. Naresh Goyal, Chairman of the Board of Directors, to hold and continue to hold an Office or Place of Profit as ‘Management Trainee’ in the Company for a period of one year with effect from 12 th July, 2010, on the terms and conditions, including remuneration, as set out in the Explanatory Statement annexed to this Notice.” By Order of the Board of Directors <strong>Jet</strong> <strong>Airways</strong> (India) Limited Monica Chopra Company Secretary & Sr. General Manager - Legal Registered Office: S. M. Centre, Andheri-Kurla Road Andheri (East), Mumbai - 400 059 Mumbai 23rd July, 2010 7
Page 4 and 5: Letter from the Chairman The year 2
Page 6 and 7: Letter from the Chairman (contd.) n
Page 8 and 9: Financial Highlights 200000 175000
Page 10 and 11: Corporate Information Board of Dire
Page 12 and 13: Notice Notice is hereby given that
Page 16 and 17: Notice (contd.) Notes : 1. A MEMBER
Page 18 and 19: Notice (contd.) f) Ensure that the
Page 20 and 21: Notice (contd.) MAG has been incorp
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Page 24 and 25: Directors’ Report (contd.) The de
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Page 34 and 35: Corporate Governance Report (As req
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Page 48 and 49: Auditors’ Report To, The Members
Page 50 and 51: Annexure to the Auditors’ Report
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Page 54 and 55: Statement of Cash Flow for the year
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Significant Accounting Policies and
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Statement pursuant to Section 212 (
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Auditors’ Report on Consolidated
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Consolidated Balance Sheet as at 31
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Consolidated Cash Flow Statement fo
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Schedules to the Consolidated Balan
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City Facts (contd.) Chennai Airport
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City Facts (contd.) Port Blair Airp
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City Facts (contd.) Dubai Airport:
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Annual Report cb smile - Jet Airways

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