SRS Limited (RHP) - Karvy

SRS LimitedSr. Pending license Current Status Possible Legal ImplicationNo.4 Grant of permission Intimation/ application In the event this approval is not granted to thefor computerization made to the Company it may adversely affect the ability ofof tickets under the Entertainment Tax the Company to sell computerized tickets atPunjab Entertainment Dept, Gurgaon, the cinema.Duty Act, 1955 for Haryana forSRS Cinemas, permission for grant ofOmaxe Wedding NOC for computerizedMall, Sector 49, tickets dulyGurgaon, Haryana acknowledged.5 Cinema License forSRS CinemasShopper's Pride Mall,Shastri Chowk,Bijnor, Uttar Pradesh5 Grant of permissionfor computerizationof tickets under thePunjab EntertainmentDuty Act, 1955 forSRS Cinemas,Omaxe WeddingMall, Sector 49,Gurgaon, HaryanaExpired on March 31,2011.Applied for renewalon February 8, 2011.Intimation/ applicationmade to theEntertainment TaxDept, Gurgaon,Haryana forpermission for grant ofNOC for computerizedtickets dulyacknowledged.The Uttar Pradesh Cinemas (Regulation) Act,1955 prohibits cinemas exhibition except at aplace licensed there under.Failure to obtain cinema license, may bepunishable with simple imprisonment for aterm upto six months or with fine which mayextend to five thousand rupees, or with bothand in the case of continuing offence with afurther fine which may extend to five hundredrupees for each day during which the offencecontinues.In the event this approval is not granted to theCompany it may adversely affect the ability ofthe Company to sell computerized tickets atthe cinema.Expired on July 18,6 Cinema License forSRS Cinema, 3 rd 2011.floor, Eldeco stationOne Mall, Site No. 1, The Company hasSector 12, Faridabad,Haryanafiled an application forrenewal on June 28,2011The Punjab Cinemas (Regulation) Act, 1952prohibits cinemas exhibition except at a placelicensed there under.Failure to obtain cinema license, may attract apenalty not exceeding one thousand rupeesand, in case the breach is a continuing one,then a further penalty not exceeding onehundred rupees for every day after the firstduring which the breach continues.B. Food Courts/ RestaurantsS. Pending license Current Status Possible Legal ImplicationNo.1 Clearance/ License Application for In case of offences committed under thefor Sale of Food registration has been Prevention of Adulteration Act,1954 (theItems for SRS 7 Dayz filed by the Company “PFA Act”), the PFA Act prescribes fine andRestaurant, TMU on March 25, 2011. imprisonment for every person who at theMall, Moradabad,time the offence was committed, was inUttar Pradeshcharge of, and was responsible to, thecompany for the conduct of the business of thecompany.2 Registration of Application for Registration of offices and commercialEstablishment under nomination has been establishments is mandatory under the Uttarthe Uttar Pradesh filed by the Company Pradesh Dookan Aur Vanijya Adhishthanxvi