Date: 12.11.

2010
Our Ref.: 0207XLADV100076A

Advising bank: THE ROYAL BANK OF SCOTLAND NV

HAUZ KHAS, NEW DELHI - 110 016, (INDIA.)
A/C NO. 1677021.
SWIFT CODE NO. ABNAINBBDEL

NOTIFICATION OF IRREVOCABLE DOCUMENTARY TRANSFERRED LETTER OF CREDIT

(AUTHENTICATED)
2nd Beneficiary: M/s. ZEEST APPLICANT:
D-5/4, OKHLA INDUSTRIAL AREA PHASE-II MANIFATTURE DEL NORD SRL
NEW DELHI - 110 020, INDIA UNIPERSONALE VIA MAZZACURATI, 6
42122 REGGIO EMILIA (RE), ITALY

Issuing Bank: BANCA POPOLARE DI VERONA-SGSP SPA.

First Beneficiary: RSVP CLOTHING PVT. LTD.
Amount: EUR 17466.20 Credit Number: E7746CI004097/10
Date Of Issue: 101020
Dear Sirs,

• As requested by the first beneficiary we are pleased to transfer the credit cited above. For any clarifications
please contact our Janakpuri branch.

INSTRUCTIONS FOR THE NEGOTIATING BANK:

• This forwarding letter should always accompany the enclosed Transfer Letter of Credit.
• Terms and conditions of the transferred L/c is attached ,which forms an integral part of the credit.

PLEASE BE GUIDED BY THE FOLLOWING INSTRUCTIONS:

• This transfer is effected by AXIS BANK and forwarded to you without any engagement on our part.
• If any terms and conditions in the credit do not meet your requirements, please communicate directly with the
openers seeking suitable amendments.
• Please ensure that the documents submitted for negotiation under this transfered Letter of Credit are strictly in
terms of the LC keeping in view that the negotiating bank has right of recourse to the drawer in the event of
discrepancies being detected by the issuing Bank, irrespective of whether or not such discrepancies have been
pointed out at the time of negotiation.
• This Transferred Credit is subject to the Uniform Customs and Practices for Documentary Credit
International Chamber of Commerce Brochure No. 600.
• Please affix revenue stamp of Rs.2/- to this credit before presenting the document for negotiation

For AXIS Bank Ltd

Authorized Signatory
 27: Sequence of Total
1/1
40B: Form of Documentary Credit
IRREVOCABLE
WITHOUT OUR CONFIRMATION
20: Transferring Bank's Reference
0207XLADV100076A
21: Documentary Credit Number
E7746CI004097/10
31C: Date of Issue
101020
40E: Applicable Rules
UCP LATEST VERSION
31D: Date and Place of Expiry
110118, (18TH JAN 2011) INDIA (AT AXIS BANK COUNTER)
52A: Issuing Bank of the Orig D/C-BIC
BANCA POPOLARE DI VERONA-SGSP SPA.
50: First Beneficiary
RSVP CLOTHING PVT LTD
B-14 SUJAN SINGH PARK
NEW DELHI 110003, INDIA
59: Second Beneficiary
M/s. ZEEST
D-5/4, OKHLA INDUSTRIAL AREA PHASE-II
NEW DELHI - 110 020, INDIA
32B: Currency Code, Amount
Currency: EUR (EURO)
Amount: 17,466.20
39A: Percentage Credit Amt Tolerance
03/02
39C: Additional Amounts Covered
000000000000000.000
41D: Available With...By... - Name&Addr
ANYBANK IN INDIA BY NEGOTIATION
42P: Deferred payment details
15 DAYS AFTER SIGHT DOCUMENTS
AT OUR COUNTRY ( ISSUING BANK COUNTER)
43P: Partial Shipments
PERMITTED
43T: Transhipment
NOT PERMITTED
44E: Port of Loading/Airport of Dep.
MUMBAI PORT OR NEW DELHI AIRPORT, INDIA
44F: Port of Dischrge/Airport of Dest
LA SPEZIA PORT OR MILAN AIRPORT, ITALY
44D: Shipment period:
LATEST DATE OF SHIPMENT: DECEMBER 27TH, 2010.
OTHERWISE IT WILL BE ACCEPTED THE FOLLOWING SHIPMENT PERIOD IF
WILL NOT BE RESPECTED THE A.M. SHIPMENT DATE OF 101227:
NOT LATEST THAN JANUARY 3RD, 2011 (SHIPMENT ONLY BY AIR WAY)
45A: Description of Goods &/or Services
BAGS AS PER PROFORMA INVOICE NO. RSVP/PI/11/2010-11 DATED 29/09/10

PO QTY /
NO STYLE PC FOB / PC TOTAL SHIP DATE
50% - 20-Dec, 2010
&
8734 V5113211 3743 € 2.30 € 8,608.90 Balance 50% - 27-Dec, 2010

50% - 20-Dec, 2010

&
8734 V5113211 3851 € 2.30 € 8,857.30 Balance 50% - 27-Dec, 2010

FOB MUMBAI, INDIA OR CFR MILAN AIRPORT, ITALY

46A: Documents Required
1) SIGNED IN ORIGINAL AND DATED COMMERCIAL INVOICE IN 2 COPIES
ATTESTING GOODS IN CONFORMITY TO THE PROFORMA INVOICE NO.
RSVP/PI/11/2010-11 DATED 29/09/10
2) COPY/PHOTOCOPY OF THE CERTIFICATE OF INDIAN ORIGIN OR THE
INDIAN CERTIFICATE OF ORIGIN GSP 'FORM A' DULY ISSUED STAMPED AND
SIGNED BY LOCAL COMPETENT AUTHORITY EVIDENCING CONSIGNEE:
MANIFATTURE DEL NORD SRL UNIPERSONALE, VIA MAZZACURATI 6, 42122
REGGIO EMILIA (RE), ITALY
3) PACKING/WEIGHT/MEASUREMENT LIST IN DUPLICATE
4) ORIGINAL BENEFICIARY'S SIGNED DECLARATION STATING THAT THE
ORIGINAL OF THE CERTIFICATE OF INDIAN ORIGIN OR THE INDIAN
CERTIFICATE OF ORIGIN GSP 'FORM A' HAVE BEEN SENT BY EXPRESS COURIER AT
LEAST 7 DAYS BEFORE SHIPMENT DATE DIRECTLY TO: RSVP CLOTHING PVT LIMITED
AND THE ORIGINAL OF COURIER SIGNED RECEIPT IS REQUESTED ATTACHED FOR
NEGOTIATION.
5) HAND SIGNED COPY OF BENEFICIARY'S TELEFAX SHIPMENT ADVICE
SENT TO RSVP CLOTHING PVT LIMITED (FAX MACHINE NO. 0124-4618420) TWO
DAYS BEFORE 'ON BOARD' DATE SHOWING THE FOLLOWING DETAILS FOR
INSURANCE PURPOSES:
. - NUMBER/DATE OF THIS DOCUMENTARY CREDIT AND NAME OF ISSUING
BANK
. - QUANTITY OF GOODS SHIPPED, TYPE/QUANTITY OF PACKAGES
. - GROSS/NET WEIGHT
AND FOR SHIPMENT BY SEA WAY:
. - NUMBER AND DATE OF BILL OF LADING, NAME OF VESSEL
. - SHIPMENT DATE (ON BOARD DATE), PORT OF LOADING AND
DESTINATION
AND FOR SHIPMENT BY AIR WAY:
. - NUMBER OF MASTER AWB AND HOUSE AWB, NAME OF AIRLINE COMPANY,
AIRPORT OF LOADING AND DESTINATION, FLIGHT NUMBER, SHIPMENT
DATE (ON BOARD DATE)
6) ORIGINAL INSPECTION CERTIFICATE ISSUED BY APPLICANT'S STAFF
OR BY THEIR AUTHORIZED PERSON
7) COPY OF BENEFICIARY'S FAX SHIPMENT ADVICE SENT TO RSVP CLOTHING PVT
LIMITED (FAX MACHINE NO. 0124-4618420) ON SHIPMENT DATE STATING TO HAVE
FAXED THE FOLLOWING DOCUMENTS: COMMERCIAL INVOICE,PACKING/WEIGHT/
MEASUREMENT LIST,CERTIFICATE OF INDIAN ORIGIN OR INDIAN
CERTIFICATE OF ORIGIN GSP 'FORM A' AND BILL OF LADING (IF
SHIPMENT EFFECTED BY SEA WAY) OR AWB (IF SHIPMENT EFFECTED BY
 AIR WAY)
.
...............AND FOR SHIPMENT BY SEA WAY
8) FULL SET CLEAN ON BOARD OCEAN BILL OF LADING ISSUED BY JEENA
AND CO., MADE OUT TO THE ORDER OF APPLICANT WITH FULL NAME AND
ADDRESS, MARKED FREIGHT COLLECT AND NOTIFY: ITALSEMPIONE SPA,
VIA RESTELLI 5, 20010 VITTUONE (MI), ITALY (FAX 02 90310228)
SIGNED BY JEENA AND CO., STATING THE REFERENCE TO THIS DOC.CREDIT
POINTING OUT THAT NO. 2 ORIGINAL COMMERCIAL INVOICES, NO. 2 COPY
OF PACKING/WEIGHT/MEASUREMENT LIST AND COPY/PHOTOCOPY OF THE
CERTIFICATE OF INDIAN ORIGIN OR THE INDIAN CERTIFICATE OF ORIGIN
GSP 'FORM A' TRAVEL WITH THE GOODS.
.
...............AND FOR SHIPMENT BY AIR WAY:
8) CLEAN AWB (AIR WAYBILL) ISSUED AND SIGNED BY JEENA AND CO.,
FOR GOODS ADDRESSED TO MANIFATTURE DEL NORD SRL UNIPERSONALE,
MARKED FREIGHT PREPAID, NOTIFY TO ITALSEMPIONE SPA, VIA RESTELLI
5, 20010 VITTUONE (MI) (FAX 02 90310228) STATING THE REFERENCE
TO THIS DOCUMENTARY CREDIT POINTING OUT THAT NO. 2 ORIGINAL
COMMERCIAL INVOICES, NO. 2 COPY OF PACKING/WEIGHT/MEASUREMENT
LIST AND COPY/PHOTOCOPY OF THE CERTIFICATE OF INDIAN ORIGIN OR
THE INDIAN CERTIFICATE OF ORIGIN GSP 'FORM A' TRAVEL WITH THE
GOODS.

47A: Additional Conditions

+ANY ALTERATION/ADDITION(S) IN DOCUMENTS MUST BE DULY
AUTHENTICATED BY THE RESPECTIVE ISSUING AUTHORITIES
+DOCUMENTS MUST BE ISSUED IN ENGLISH LANGUAGE
+DOCUMENTS PRESENTED WITH DISCREPANCIES WILL BE SUBJECT TO
A CHARGE OF FLAT RATE EUR 65.00 AND THIS AMOUNT SHOULD BE
DEDUCTED FROM THE AMOUNT CLAIMED
+DOCUMENTS MUST BE REMITTED TO OUR THE FOLLOWING ADDRESS BY
TWO CONSECUTIVE SETS, FIRST BY DHL/AIR COURIER EXPRESS OR
SIMILAR:
AXIS BANK LTD.
C3/21 JANAK PURI,
NEW DELHI - 110 058 INDIA
+TOLERANCE PLUS 03 PCT. AND MINUS 02 PCT.IN QUANTITY AND AMOUNT
ALLOWED
+AN EXTRA COPY OF ALL THE DOCUMENTS AS PER FIELD 46A IS
REQUESTED FOR ISSUING BANK'S FILE
+ARTICLE 32 OF UCP 600, REVISION 2007, I.C.C., PARIS DOES NOT APPLY TO THIS
DOCUMENTARY CREDIT
+PLEASE DO NOT SEND ANY DRAFT IN DRAWING OF THE DOCUMENTARY CREDIT
(IF PRESENTED, WILL BE RETURNED AND OUR CHARGES EUR 30.00
OR EQUIVALENT, WILL BE DEDUCTED FROM OUR PAYMENT)
+TOTAL AMOUNT OF GOODS SHIPPED (100 PCT.) EUR 17466.20
AMOUNT COVERED THROUGH THIS DOC.CREDIT (90 PCT.) EUR 15719.58
BALANCE (10 PCT.) EUR 1746.62
SETTLED DIRECTLY BETWEEN THE PARTIES, OUTSIDE DOCUMENTARY CREDIT
TERMS AND WITHOUT OUR BANK ENGAGEMENT OR GUARANTEE

71B: Charges
 ALL BANKING CHARGES AND COMMISSIONS OUTSIDE ITALY ARE FOR BENEFICIARY'S
ACCOUNT
48: Period for Presentation
15 DAYS
49: Confirmation Instructions
WITHOUT
78: Instr to Payg/Accptg/Negotg Bank
THE NEGOTIATING BANK IS TO FORWARD ORIGINAL SET OF DOCUMENTS PLUS ONE SET OF
NON-NEGOTIABLE DOCUMENTS ALONG WITH COPY OF SHIPPING BILL OR SDF IFANY IN ONE
LOT STRICTLY IN COMPLIANCE WITH TERMS MENTIONED ABOVE DIRECTLY TO:
KIND ATTN: FOREX DEPARTMENT, AXIS BANK LTD, C-3/21, JANAKPURI, NEW DELHI-110058,
INDIA BY COURIER AND AND WE SHALL FORWARD THE DOCUMENTS TO THE ISSUING BANK
AND ONLY UPON RECEIPT OF PAYMENT FROM THE ISSUING BANK WE SHALL REIMBURSE THE
NEGOTIATING BANK AS PER THEIR INSTRUCTIONS

WE ACT ONLY AS A TRANSFERING BANK WITHOUT ANY ENGAGEMENT ON THE PART

OF AXIS BANK LIMITED AND UNDERTAKE NO FIANCIAL LIABILITY UNDER THIS LETTER
OF CREDIT. THIS CREDIT IS SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR
DOCUMENTARY CREDITS (2007 REVISION) INTERNATIONAL CHAMBERS OF
COMMERCE, PUBLICATION NO. 600