No.CTN/SS/Offer/2000-2001/5256
Dated 14-9-2000

SUB.:-Clubbing of different group of mills/ mills and muccadam in one deal

It is noted that different legal entities though falling under one group of companies makes combined offer to the Federation for purchase of F.P. cotton bales. This is to clarify that each offer should give from a separate legal entity. Combined offer received from different legal entities eventhough they are falling under one group of companies will not be accepted by the Federation. For example - if there three companies like a) ABC Textiles Mills, b) ABC Textiles Pvt. Ltd., c) ABC & Co. All these three companies are part of a group of ABC Group of Companies as these three companies are separate distinct legal entity they can not combine their offer under the banner of ABC Group of Companies. Separate offer has to give from each company.

If there is one company which owns more than one mill - for example ABC Textiles Ltd., having its mills at Patna, Mumbai and Gandhinagar will be treated as one entity as it is one distinct legal entity having its various mills / units but forming part of the same company.

This will come into force w.e.f. 14-9-2000.

General Manager (SS)