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vi) To exempt the company from payment of sales tax on the sale of scrap and other material rendered surplus.

5.04- Kanpur Electricity Board/State Electricity Board/State Government Power

i) To writ off interest and damages in respect of arrears current dues of the company to Kanpur Electricity Board or to any other Electricity Authority in whose jurisdiction the nulls were located.

ii) To ensure to supply the electricity as required continuously regularly during the period of rehabilitation.

iv) To grant permission for sale of surplus leasehold freehold land identified at various units under Urban Land Ceiling Act (ULCA) and give exemption from payment of stamp duty thereof. The stamp duty would be paid by the purchaser of the land and not by the company.

v) To waive the interest and damages on the electricity, water and municipal dues and accept payment of principal amount only during the year 2001-02.

vi) To exempt the company from payment of sales tax on the sale scrap and other material rendered surplus.