A4 Application Form Resident.pmd - HDFC Bank

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in the nature of FORM2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS• Hindu Undivided Families through the Karta who apply forNCDs aggregating to a value not more than ` 5 lacs, across allSeries of NCDsPlease note that it is clarified that Persons Resident OutsideIndia shall not be entitled to participate in the Issue and anyapplications from such persons are liable to be rejected.Participation of any of the aforementioned categories ofpersons or entities is subject to the applicable statutoryand/or regulatory requirements in connection with thesubscription to Indian securities by such categories ofpersons or entities. Applicants are advised to ensure thatApplications made by them do not exceed the investmentlimits or maximum number of NCDs that can be held by themunder applicable statutory and or regulatory provisions.Applicants are advised to ensure that they have obtained thenecessary statutory and/or regulatory permissions/ consents/approvals in connection with applying for, subscribing to, orseeking Allotment of NCDs pursuant to the Issue.The Lead Managers, the Co-Lead Managers and their respectiveassociates and affiliates are permitted to subscribe in the Issue.6. Who are not eligible to apply for NCDs? The followingcategories of persons, and entities, shall not be eligible toparticipate in the Issue and any Applications from such personsand entities are liable to be rejected:a) Minors without a guardian name*;b) Foreign nationals inter-alia including any NRIs who are (i)based in the USA, and/or, (ii) domiciled in the USA, and/or,(iii) residents/citizens of the USA, and/or, (iv) subject to anytaxation laws of the USA;c) Persons resident outside India;d) Foreign Institutional Investors;e) Qualified Foreign Investors;f) Overseas Corporate Bodies; andg) Persons ineligible to contract under applicable statutory/regulatory requirements.* Applicant shall ensure that guardian is competent to contract underIndian Contract Act, 1872Based on the information provided by the Depositories, theCompany shall have the right to accept Applications belongingto an account for the benefit of a minor (under guardianship). Incase of Applications for Allotment of NCDs, the Registrar to theIssue shall verify the above on the basis of the records providedby the Depositories based on the DP ID and Client ID providedby the Applicants in the Application Form and uploaded ontothe electronic system of the Stock Exchanges.The concept of Overseas Corporate Bodies (meaning anycompany, partnership firm, society and other corporate body oroverseas trust irrevocably owned/held directly or indirectly tothe extent of at least 60% by NRIs), which was in existence until2003, was withdrawn by the Foreign Exchange Management(Withdrawal of General Permission to Overseas CorporateBodies) Regulations, 2003. Accordingly, OCBs are not permittedto invest in the Issue.No offer to the public (as defined under Directive 2003/71/EC,together with any amendments and implementing measuresthereto, the “Prospectus Directive”) has been or will be madein respect of the Issue or otherwise in respect of the NCDs, inany Member State of the European Economic Area which hasimplemented the Prospectus Directive (a “Relevant MemberState”) except for any such offer made under exemptionsavailable under the Prospectus Directive, provided that no suchoffer shall result in a requirement to publish or supplement aprospectus pursuant to the Prospectus Directive, in respect ofthe Issue or otherwise in respect of the NCDs.Please refer to “Rejection of Applications” on page 300 of theProspectus for information on rejection of Applications.7. Modes of Making Applications: Applicants may use any ofthe following facilities for making Applications:(a) ASBA Applications through the Lead Managers, the Co-LeadManagers, Lead Brokers, sub-brokers or the Trading Membersof the Stock Exchanges only in the Specified Cities (namely,Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur,Bengaluru, Hyderabad, Pune, Vadodara and Surat) (“SyndicateASBA”). For further details please refer to “Submission of ASBAApplications” on page 285 of the Prospectus;(b) ASBA Applications through the Designated Branches of theSCSBs. For further details please refer to “Submission of ASBAApplications” on page 285 of the Prospectus; and(c) Non-ASBA Applications through the Lead Managers, theCo-Lead Managers, Lead Brokers, sub-brokers or the TradingMembers of the Stock Exchanges at the centres mentioned inApplication Form. For further details please refer to “Submissionof Non-ASBA Applications (other than Direct OnlineApplications)” on page 286 of the Prospectus.(d) Non-ASBA Applications for Allotment in physical formthrough the Lead Managers, the Co-Lead Managers, LeadBrokers, sub-brokers or the Trading Members of the StockExchanges at the centres mentioned in Application Form.For further details please refer to “Submission of Non-ASBAApplications for Allotment of NCDs in the Physical Form” onpage 284 of the Prospectus.(e) Please note that clarifications and/or confirmations regardingthe implementation of the requisite infrastructure and facilities inrelation to direct online applications and online payment facilityhave been sought from the Stock Exchanges and the StockExchanges have confirmed that the necessary infrastructure andfacilities for the same have not been implemented by both StockExchanges. Hence, the Direct Online Application facility willnot be available for this Issue.APPLICATIONS FOR ALLOTMENT OF NCDsDetails for Applications by certain categories of Applicantsincluding documents to be submitted are summarized below.8. Applications by Mutual Funds: No mutual fund scheme shallinvest more than 15% of its NAV in debt instruments issued bya single Company which are rated not below investment gradeby a credit rating agency authorized to carry out such activity.Such investment limit may be extended to 20% of the NAV ofthe scheme with the prior approval of the Board of Trustees andthe Board of the relevant asset management company.A separate Application can be made in respect of each schemeof an Indian mutual fund registered with SEBI and suchApplications shall not be treated as multiple Applications.Applications made by the AMCs or custodians of a MutualFund shall clearly indicate the name of the concerned schemefor which Application is being made. In case of Applicationsmade by Mutual Fund registered with SEBI, a certified copy oftheir SEBI registration certificate must be submitted with theApplication Form. The Applications must be also accompaniedby certified true copies of (i) SEBI Registration Certificate andtrust deed (ii) resolution authorising investment and containing8 Shriram Transport Finance Company Limited
in the nature of FORM2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUSoperating instructions and (iii) specimen signatures of authorizedsignatories. Failing this, our Company reserves the right toaccept or reject any Application in whole or in part, ineither case, without assigning any reason therefor.9. Application by Commercial Banks, Co-operative Banksand Regional Rural Banks: Commercial Banks, Co-operativebanks and Regional Rural Banks can apply in the Issue basedon their own investment limits and approvals. The ApplicationForm must be accompanied by certified true copies of their (i)memorandum and articles of association/charter of constitution;(ii) power of attorney; (iii) resolution authorising investments/containing operating instructions; and (iv) specimen signaturesof authorised signatories. Failing this, the Company reservesthe right to accept or reject any Application in whole or inpart, in either case, without assigning any reason therefor.Pursuant to SEBI Circular no. CIR/CFD/DIL/1/2013 datedJanuary 2, 2013, SCSBS making applications on their ownaccount using ASBA facility, should have a separate accountin their own name with any other SEBI registered SCSB.Further, such account shall be used solely for the purposeof making application in public issues and clear demarcatedfunds should be available in such account for ASBAapplications.10. Application by Insurance Companies: In case ofApplications made by insurance companies registered withthe Insurance Regulatory and Development Authority,a certified copy of certificate of registration issued byInsurance Regulatory and Development Authority must belodged along with Application Form. The Applications mustbe accompanied by certified copies of (i) Memorandum andArticles of Association (ii) Power of Attorney (iii) Resolutionauthorising investment and containing operating instructions(iv) Specimen signatures of authorized signatories. Failingthis, our Company reserves the right to accept or rejectany Application in whole or in part, in either case, withoutassigning any reason therefor.11. Application by Indian Alternative Investment Funds:Applications made by Alternative Investments Funds eligibleto invest in accordance with the Securities and ExchangeBoard of India (Alternative Investment Fund) Regulations,2012, as amended (the “SEBI AIF Regulations”) forAllotment of the NCDs must be accompanied by certifiedtrue copies of (i) SEBI registration certificate; (ii) a resolutionauthorising investment and containing operating instructions;and (iii) specimen signatures of authorised persons. Failingthis, our Company reserves the right to accept or rejectany Application in whole or in part, in either case, withoutassigning any reason therefor. The Alternative InvestmentFunds shall at all times comply with the requirementsapplicable to it under the SEBI AIF Regulations and therelevant notifications issued by SEBI.11. Applications by Trusts: In case of Applications madeby trusts, settled under the Indian Trusts Act, 1882, asamended, or any other statutory and/or regulatory provisiongoverning the settlement of trusts in India, must submit a(i) certified copy of the registered instrument for creation ofsuch trust, (ii) Power of Attorney, if any, in favour of one ormore trustees thereof, (iii) such other documents evidencingregistration thereof under applicable statutory/regulatoryrequirements. Further, any trusts applying for NCDspursuant to the Issue must ensure that (a) they are authorizedunder applicable statutory/regulatory requirements and theirconstitution instrument to hold and invest in debentures,(b) they have obtained all necessary approvals, consents orother authorisations, which may be required under applicablestatutory and/or regulatory requirements to invest indebentures, and (c) Applications made by them do not exceedthe investment limits or maximum number of NCDs that canbe held by them under applicable statutory and or regulatoryprovisions. Failing this, our Company reserves the rightto accept or reject any Applications in whole or in part, ineither case, without assigning any reason therefor.12. Applications by Public Financial Institutions, StatutoryCorporations, which are authorized to invest in the NCDs:The Application must be accompanied by certified true copiesof: (i) Any Act/ Rules under which they are incorporated; (ii)Board Resolution authorising investments; and (iii) Specimensignature of authorized person. Failing this, our Companyreserves the right to accept or reject any Applicationsin whole or in part, in either case, without assigning anyreason therefor.13. Applications by Provident Funds, Pension Funds,Superannuation Funds and Gratuity Fund, which areauthorized to invest in the NCDs: The Application must beaccompanied by certified true copies of: (i) Any Act/Rules underwhich they are incorporated; (ii) Power of Attorney, if any, infavour of one or more trustees thereof, (iii) Board Resolutionauthorising investments; (iii) such other documents evidencingregistration thereof under applicable statutory/regulatoryrequirements; (iv) Specimen signature of authorized person; (v)certified copy of the registered instrument for creation of suchfund/trust; and (vi) Tax Exemption certificate issued by IncomeTax Authorities, if exempt from Tax. Failing this, our Companyreserves the right to accept or reject any Application inwhole or in part, in either case, without assigning any reasontherefor.14. Applications by National Investment Fund: Theapplication must be accompanied by certified true copies of:(i) resolution authorising investment and containing operatinginstructions; and (ii) Specimen signature of authorized person.Failing this, our Company reserves the right to accept orreject any Application in whole or in part, in either case,without assigning any reason therefor.15. Companies, bodies corporate and societies registeredunder the applicable laws in India: The Application must beaccompanied by certified true copies of: (i) Any Act/ Rules underwhich they are incorporated; (ii) Board Resolution authorisinginvestments; and (iii) Specimen signature of authorized person.Failing this, our Company reserves the right to accept orreject any Applications in whole or in part, in either case,without assigning any reason therefor.16. Indian Scientific and/or Industrial ResearchOrganizations, which are authorized to invest in the NCDs:The Application must be accompanied by certified true copiesof: (i) Any Act/ Rules under which they are incorporated; (ii)Board Resolution authorising investments; and (iii) Specimensignature of authorized person. Failing this, our Companyreserves the right to accept or reject any Applicationsin whole or in part, in either case, without assigning anyreason therefore.Partnership firms formed under applicable Indian laws inthe name of the partners and Limited Liability PartnershipsShriram Transport Finance Company Limited9
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