INDIAN RAILWAY FINANCE CORPORATION LIMITED

If any Consolidated Bond Certificate or ` One Lakh Certificate(s) is destroyed, stolen or lost then onproduction of proof thereof to the Issuer’s satisfaction and on furnishing such indemnity/security and/ordocuments as it may deem adequate, duplicate Consolidated Bond Certificate(s) or ` One Lakh Certificate(s)shall be issued.The above requirement may be modified from time to time as per applicable law and practice.18.8 Future borrowingsOur Company shall be entitled at any time in the future during the term of the Bonds or thereafter to borrowor raise loans or create encumbrances or avail of financial assistance in any form, and also to issuepromissory notes or bonds or any other securities in any form, manner, ranking and denominationwhatsoever and to any eligible persons whatsoever, subject to applicable consent, approvals or permissionthat may be required under any statutory/regulatory/contractual requirement and to change its capitalstructure including through the issue of shares of any class, on such terms and conditions as our Companymay deem appropriate, without requiring the consent of, or intimation to, the Bondholders or the DebentureTrustee in this connection.18.9 JurisdictionThe Bonds, the Trust Deed and other relevant documents shall be governed by and construed in accordancewith the laws of India. For the purpose of this Issue and any matter related to or ancillary to the Issue theCourts of New Delhi, India shall have exclusive jurisdiction.58