MIRA INFORM REPORT

 

 

 

Report Date :

04.08.2008

 

IDENTIFICATION DETAILS

 

Name :

GOVERNMENT OF ANDHRA PRADESH

 

 

Registered Office :

Hyderabad, Andhra Pradesh

 

 

Country :

India

 

 

Legal Form :

State Government

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Aa

 

RATING

STATUS

PROPOSED CREDIT LINE

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

 

Status :

Excellent

 

 

Payment Behaviour :

Slow

 

 

Comments :

Government of Andhra Pradesh or Andhra Pradesh State Government runs Andhra Pradesh State. It is one of the progressive State in India.

 

Decisions are taken by respective Ministry.

 

Trade relations are fair.

 

Most of the business is handled through important cities such as Hyderabad, Secunderabad and Visakhapatnam. 

 

If you have any specific questions, we shall supplement to this report.

 

In general, subject can be considered normal for business dealings at usual trade terms and conditions. 

 

 

LOCATIONS

 

Registered Office :

Hyderabad, Andhra Pradesh

 

 

MANAGEMENT

 

Governor :

Mr. Narayan Dutt Tiwari

Designation :

Governor of Andhra Pradesh

Office Address

Raj Bhavan, Raj Bhavan Road, Hyderabad

Office Address:

91-40-23310521

Residence Address:

91-40-23310521

FAX:

91-40-23312650

E Mail :

governor@ap.nic.in

 

 

Chief Minister :

Dr. Y. S. Rajasekhara Reddy

Designation :

Hon'ble Chief Minister, General Administration, Law and Order and all other portfolios not alloted to other ministers

Office Address:

'C' Block, 6th Floor, AP Secretariat

Residence Address :

Greenlands Circle, Begumpet, Hyderabad

Office Phone:

91-40-23456698,23451805,23455205

Residence Phone:

91-40-2341033,23410555,234106

FAX:

91-40-23452498,23454828,3410555

E Mail :

cmap@ap.gov.in

 

 

Name :

Mr. G.Vinod    

Designation :

Minister for Labour & Employement, Factories & Boilers

Constituency:

Chinnur(SC)

Office Address:

Block-D,Floor-3,Room-430

Residence Address:

H.No.12-252/2,GouthamiNagar,Mancherial

Office Phone:

91-40-23453241

Residence Phone:

91-40-23300688

Mobile No.:

91-9848782038

E Mail :

min_labor@ap.gov.in    

 

 

Name :

Mr. Vijayarama Raju Satrucharla    

Designation :

Minister for Forest, Environment, Science and Technology

Constituency:

Parvatipuram

Office Address:

Block-D,2nd Floor,Room-326

Residence Address:

Qtr No-9,Minister Qtrs,Road No-12,BanjaraHills,Hyderabad

Office Phone:

91-40-23450275,23450533

Residence Phone:

91-40-23379747

Mobile No.:

91-9848782020

E Mail :

min_frst@ap.gov.in   

 

 

Name :

Mr. Pinnamaneni Venkateswara Rao     

Designation :

Minister for Rural Water Supply

Constituency:

Mudinepally

Office Address:

Block-K,1st Floor, Room-237

Residence Address:

Qtr No.10, Ministers Qrts, Road No.12, BanjaraHills, Hyderabad

Constituency Address:

DOOR NO.1-63/2, RUDRAPAKA

Office Phone:

91-40-23457144, 23450812

Residence Phone:

91-40-23376562, 23305866

(Cell):

91-9849908517

EMail :

min_rws@ap.gov.in    

 

 

Name :

Mr. Gollapalli Surya Rao

Designation :

Minister for Smallscale Industries and Khadi & Village Industries Board

Constituency:

Allavaram

Office Address:

Block-D,Floor-1,Room-237

Residence Address:

Qtr No-22,Ministers Qrts,Road No-12,BanjaraHills,Hyderabad

Office Phone:

91-40-23450556

Residence Phone:

91-40-23392787

(Cell):

91-9848782015

 

 

Name :

Mr. B Satyanarayana     

Designation :

Minister for Housing, Weaker Section Housing Programme, A.P Cooperative Housing Societies Federation and Housing Board

Constituency:

Cheepurupalli

Office Address:

Block-D, Room No:344, 2nd  Floor, Secretariat

Residence Address:

HNo:16-3-29,Korda,Nellimarla Mandal,Vizianagaram-535002

Office Phone:

91-40-23455976

Residence Phone:

91-40-23313948

(Cell):

91-9866661285

FAX:

91-40-23450364

EMail :

min_hou@ap.gov.in    

 

 

Name :

Mr. Koneru Ranga Rao     

Designation :

Minister for Municipal Administration and Urban Development

Constituency:

Tiruvur(SC)

Office Address:

Block-J,5th Floor,Room-510

Residence Address:

Qtr No-6,Ministers Qrts.,Rd#12,Banjara Hills, Hyderabad

Office Phone:

91-40-23456703

Residence Phone:

91-40-23393696

(Cell):

91-9848013248

EMail :

min_maud@ap.gov.in    

 

 

Name :

Mr. Jakkampudi Ramamohana Rao     

Designation :

Minister for Excise and Prohibition

Constituency:

Kadiam

Office Address:

Block-J,5th Floor, Room No-501

Residence Address:

Qtr No-3,Minister Qrts., Rd#12,Banjara Hills, Hyderabad

Office Phone:

91-40-23454168

Residence Phone:

91-40-23378380

(Cell):

91-9849908510,9848787127

EMail :

min_excise@ap.gov.in    

 

 

Name :

Mr. N. Raghuveera Reddy     

Designation :

Minister For Agriculture, Agriculture Technology Mission , Horticulture , Sericulture, Rainshadow Area Development

Constituency:

Madakasira

Office Address:

Block-J,7th Floor, Room No-703

Residence Address:

Qtr no-15,Road no-12,Ministers Qtrs, Banjara Hills, Hyderabad

Office Phone:

91-40-23451196

Residence Phone:

91-40-23314481, 23315888

(Cell):

91-9849908520

EMail :

min_agr@ap.gov.in    

 

 

Name :

Mr. M.Mareppa     

Designation :

Minister for Marketing and Warehousing

Constituency:

Alur

Office Address:

Block-D,1st Floor, Room No-253

Residence Address:

Qtr No-1,Ministers Qtrs, Road No-12,Banjara Hills, Hyderabad

Office Phone:

91-40-23452339

Residence Phone:

91-40-23379633

(Cell):

91-9848782003,9848999787

EMail :

min_mktg@ap.gov.in    

 

 

Name :

Mr. Lakshminarayana Kanna     

Designation :

Minister for Transport

Constituency:

Peddakurpadu

Office Address:

Block-D,Floor-1,Room No-261

Residence Address:

Quarter No-28,Minister Qtrs, Road No-12,Banjara Hills, Hyderabad

Office Phone:

91-40-23450813

Residence Phone:

91-40-23306232

(Cell):

91-9849908506

EMail :

min_tpt@ap.gov.in    

 

 

Name :

Mr. Ponnala Lakshmaiah     

Designation :

Minister for Major Irrigation and Medium Irrigation

Constituency:

Janagam

Office Address:

Block-J, Room No-403

Residence Address:

Bldg No-12,Road No-12,Banjara Hills, Hyderabad

Office Phone:

91-40-23454961

Residence Phone:

91-40-23313800

(Cell):

91-9849908521

EMail :

min_majirrgn@ap.gov.in    

 

 

Name :

Mr. K. Jana Reddy     

Designation :

Minister for Home, Jails, Fire Service, Sainik Welfare , Printing & Stationery

Constituency:

Chelakurty

Office Address:

Block-J,Floor-8,Room No-801

Residence Address:

8-2-704/B/115,Sai Enclave, Road No-12,Banjara Hills Hyderabad.

Office Phone:

91-40-23457687

Residence Phone:

91-40-23371166

(Cell):

91-9849908505

FAX:

91-40-23457687

EMail :

min_home@ap.gov.in    

 

 

Name :

Dr. Geetha Reddy.J     

Designation :

Minister for Major Industries, Sugar, Commerce & Export Promotion

Constituency:

Gajwel(SC)

Office Address:

Block-D,1st Floor, Room No-220G

Residence Address:

10-1-5C,Road no-4.West Marredpally, Secunderabad

Office Phone:

91-40-23453210,23453211

Residence Phone:

91-40-27804432

(Cell):

91-9849908523,9848051322

EMail :

min_sugar@ap.gov.in    

 

 

Name :

Mr. Mohammed Fareeduddin     

Designation :

Minister For Cooperation

Constituency:

Zaheerabad

Office Address:

Block-D,1st Floor, Room No-235

Residence Address:

Qtr No-8,Ministers Qtrs, Road No-12,Banjara Hills Hyderabad

Office Phone:

91-40-23456043

Residence Phone:

91-40-23325877, 23371188

(Cell):

91-9848782021

FAX:

91-40-23456043

EMail :

min_coop@ap.gov.in    

 

 

Name :

Mr. J. C. Diwakar Reddy     

Designation :

Minister For Panchayat Raj

Constituency:

Tadipatri

Office Address:

Block-J,Room-304

Residence Address:

Building No-1248,Raghava Sadan, Somajiguda, Hyderabad

Office Phone:

91-40-23450708

Residence Phone:

91-40-23326419

(Cell):

91-9848782008

EMail :

min_prrd@ap.gov.in     

 

 

Name :

Mr. Redya Naik Dharmsoth     

Designation :

Minister for Tribal Welfare, Remote and Interior Areas Development

Constituency:

Dornakal

Office Address:

D block, Ground floor, Room No-281

Residence Address:

Qtr no-20,Minister Qts, Road no-12,Banjarahills,Hyderabad

Office Phone:

91-40-23453220

Residence Phone:

91-40-23375323

(Cell):

91-9849276007

EMail :

min_tw@ap.gov.in    

 

 

Name :

Mr. Shabbir Ali Mohd     

Designation :

Minister for Energy, Coal, Minorities Welfare, Wakf, Urdu Academy

Constituency:

Kamareddy

Office Address:

J block,2nd Floor, Room No-202

Office Phone:

91-40-23454715

Residence Phone:

91-40-23324202

EMail :

min_engy@ap.gov.in    

 

 

Name :

Mr. D.Prasada Rao     

Designation :

Minister for Revenue, Relief & Rehabilitation and Urban Land Ceiling

Constituency:

Srikakulam

Office Address:

Block-D, Ground Floor, Room No-142

Residence Address:

Qtr No-11,Ministers Qrts, Road No-12,Banjara Hills Hyderabad

Office Phone:

91-40-23453212

Residence Phone:

91-40-23394744

(Cell):

91-9848782025

EMail :

min_rev@ap.gov.in    

 

 

Name :

Mr. Konathala Ramakrishna     

Designation :

Minister for Commercial Taxes

Constituency:

Anakapalli

Office Address:

Block-D, Room No-260

Residence Address:

Beside Telugu Academy, Himayat Nagar, Hyderabad

Office Phone:

91-40-23454063

Residence Phone:

91-40-23223422

(Cell):

91-9848782007

EMail :

min_ct@ap.gov.in    

 

 

Name :

Mr. Rosaiah Konejeti     

Designation :

Minister for Finance, Planning, Small Savings, Lotteries and Legislative Affairs

Constituency:

Chirala

Office Address:

Block-D,Floor-3,Room-456

Residence Address:

7-1-215/1/4,Gokul Bhavan, Ameerpet, Hyderabad

Office Phone:

91-40-23454766

Residence Phone:

91-40-23731444,23735090

(Cell):

91-9848782028

EMail :

min_fin@ap.gov.in    

 

 

Name :

Ms. Rajyalakshmi Nedurumalli     

Designation :

Minister for Women Development & Child Welfare , Disabled Welfare and Juvenile Welfare

Constituency:

Venkatagiri

Office Address:

D block, 2nd Floor, Room no-314

Residence Address:

Somajiguda, Rajbhavan Road, Hyderabad

Office Phone:

91-40-23453215

Residence Phone:

91-40-23403333

EMail :

min_w&cw@ap.gov.in    

 

 

Name :

Ms. P.Sabita Reddy     

Designation :

Minister for Mines and Geology, Handlooms and Textiles, Spinning Mills

Constituency:

Chevella

Office Address:

J block,6th Floor, Room No-603

Residence Address:

34/9(885),State Bank Colony, Srinagar Colony, Hyderabad

Office Phone:

91-40-23450579

Residence Phone:

91-40-23750225

FAX:

91-40-23454667

EMail :

min_mines@ap.gov.in    

 

 

Name :

Ms. Aruna Kumari Galla     

Designation :

Minister for Medical Education and Health Insurance

Constituency:

Chandragiri

Office Address:

L-Block NO.205,2nd Floor

Residence Address:

Plot No .A, Road No 11,Film nagar,Jubileehills,Hyderabad-33

Office Phone:

91-40-23453230

Residence Phone:

91-40-23547824

EMail :

min_m&h@ap.gov.in    

 

 

Name :

Mr. Buddha Prasad Mandali     

Designation :

Minister for Animal Husbandry, Dairy Development, Veterinary University, Fisheries

Constituency:

Avanigadda

Office Address:

B-Block No.506,5th Floor

Office Phone:

91-40-23450362

EMail :

min_ah_dd@ap.gov.in    

 

 

Name :

Mr. Chandra Sekher Sambani     

Designation :

Minister for Health and Family Welfare

Constituency:

Palair(SC)

Office Address:

L-Block No.123,1st Floor

Residence Address:

Building No.14,Road No.12,Banjara Hills, Hyderabad

Office Phone:

91-40-23450451

EMail :

min_h&fw@ap.gov.in    

 

 

Name :

Mr. Chengareddy Reddyvari     

Designation :

Minister for Law & Courts, Technical Education and Industrial Training Institutes

Constituency:

Nagari

Office Address:

D-Block No.358,2nd Floor

Residence Address:

Building No.26,Road No.12,Banjara Hills, Hyderabad

Office Phone:

91-40-23450368

EMail :

min_law@ap.gov.in    

 

 

Name :

Mr. Chinna Reddy G     

Designation :

Minister for Rural Development, NREGP, Self Help Groups

Constituency:

Wanaparthy

Office Address:

J-Block No.307,3rd Floor

Residence Address:

Building No.3,Road No.12,Banjara Hills, Hyderabad

Office Phone:

91-40-23453242,040-23453209

EMail :

min_rd@ap.gov.in    

 

 

Name :

Mr. Damodar Rajanarasimha C     

Designation :

Minister for School Education, Govt Examiniations, SCERT, Text Book Press, Residential Schools Society, Hyderabad Public School

Constituency:

Andole (SC)

Office Address:

J-Block No.810,8th Floor

Residence Address:

Building No.30,Road No.12,Banjara Hills, Hyderabad

Office Phone:

91-40-23455998,040-23450878

Residence Phone:

91-40-23552939

EMail :

min_se@ap.gov.in    

 

 

Name :

Mr. Damodar Reddy Ramireddy     

Designation :

Minister for Information Technology & Communications , Youth Services and Sports

Constituency:

Tungaturthi

Office Address:

D-Block No.345,2nd Floor

Residence Address:

H.No 8-2-277/A/7,Street No 2,Road No.2,Banjara Hills, Hyderabad

Office Phone:

91-40-234523222,040-23451217

Residence Phone:

91-40-23548075(P)

EMail :

min_ites@ap.gov.in    

 

 

Name :

Mr. Hanumantha Rao Murugudu     

Designation :

Minister for Sarvas Siksha Abhiyan, DPEP, Adult Education, Open Schools, Public Libraries, Jawahar Bal Bhavan, Mahila Samata Society, State Institute of Education Technology

Constituency:

Mangalagiri

Office Address:

K-Block No.115,Ground Floor

Office Phone:

91-40-23450371

EMail :

min_ssa@ap.gov.in    

 

 

Name :

Mr. Mukesh Goud M     

Designation :

Minister for B.C Welfare

Constituency:

Maharajagunj

Office Address:

A-Block No.111,Ground Floor

Office Phone:

91-40-23456514,040-23453239

EMail :

min_bcw&f@ap.gov.in    

 

 

Name :

Mr. Ramnarayana Reddy Anam     

Designation :

Minister for Information & Public Relation, Cinematography, Tourism, Culture, Archaeology and Museums, Archives

Constituency:

Rapur

Office Address:

D-Block No.366,2nd Floor

Residence Address:

Building No.24,Road No.12,Banjara Hills, Hyderabad

Office Phone:

91-40-23453233,040-23450455

EMail :

min_i&pr@ap.gov.in    

 

 

Name :

Mr. Rathnakar Rao Juvvadi     

Designation :

Minister for Endowments, Stamps and Registration

Constituency:

Buggaram

Office Address:

D-Block No.112,Ground Floor

Residence Address:

Building No.17, Road No.12, Banjara Hills, Hyderabad

Office Phone:

91-40-23453231

Residence Phone:

91-40-23546446

EMail :

min_endo@ap.gov.in    

 

 

Name :

Mr. Subash Chandra Bose Pilli     

Designation :

Minister for Social Welfare

Constituency:

Ramachandrapuram

Office Address:

B-Block No.402,4th Floor

Residence Address:

Building No.18,Ministers Qtrs, Road No.12,Banjara Hills, Hyderabad

Office Phone:

91-40-23450347

Residence Phone:

91-40-23318448

EMail :

min_sw@ap.gov.in    

 

 

Name :

Mr. Venkata Krishna Reddy Kasu     

Designation :

Minister for Food, Civil Supplies, Legal Metrology, Consumer Affairs

Constituency:

Narasaraopet

Office Address:

A-Block No.402,4th Floor

Office Phone:

91-40-23453208

EMail :

min_food@ap.gov.in    

 

 

Name :

Mr. Venkata Ramana Rao Mopedevi     

Designation :

Minister for Infrastructure & Investment, Ports , Airports, Natural Gas

Constituency:

Kuchinapudi

Office Address:

D-Block No.116,Ground Floor

Office Phone:

91-40-23450372

EMail :

min_infra@ap.gov.in    

 

 

Name :

Mr. Venkateswara Rao Maganti     

Designation :

Minister for Minor Irrigation, APIDC, Lift Irrigation, A.P Water Resourse Dev. Corporation, WALAMTARI, Ground Water Development

Constituency:

Dendulur

Office Address:

J-Block No.204,2nd Floor

Office Phone:

91-40-23454238,040-23451135

EMail :

min_minirrgn@ap.gov.in    

 

 

Name :

Mr. Venkateswara Rao Vanama     

Designation :

Minister for Vidya Vidhana Parishad and Hospital Services

Constituency:

Kothagudem

Office Address:

L-Block No.126,1st Floor

Residence Address:

Building No.19, Road No.12, Banjara Hills, Hyderabad

Office Phone:

91-40-23450348

EMail :

min_vvp@ap.gov.in    

 

 

Name :

Mr. Jeevan Reddy T     

Designation :

Minister for Roads and Buildings

Constituency:

Jagital

Office Address:

J-Block No.811,8th Floor

Office Phone:

91-40-23453425,040-23457113

EMail :

min_r&b@ap.gov.in  

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Legislative Assembly

 

 

(In the Old Hyderabad State. the first elected body, i.e., the Hyderabad Legislative Assembly came into being on 1st March, 1952. In November, 1956 the former Hyderabad State was trifurcated and the elected members from Telangana, Marathwada and Karnataka regions of the Hyderabad State joined the elected Legislatures of Andhra Pradesh, Maharastra and Karnataka States respectively on 1st November, 1956. The Telugu speaking districts of the former Hyderabad state were added to the Andhra State and the State was renamed as Andhra Pradesh.)


The State of Andhra established purely on linguistic basis, comprising the Telugu speaking areas of the erstwhile Madras State, was officially formed at Kurnool on 1st October, 1953. According to the Andhra Pradesh Act, 1953 Unicameral Legislature was set up.


In the Old Hyderabad State. the first elected body, i.e., the Hyderabad Legislative Assembly came into being on 1st March, 1952. In November, 1956 the former Hyderabad State was trifurcated and the elected members from Telangana, Marathwada and Karnataka regions of the Hyderabad State joined the elected Legislatures of Andhra Pradesh, Maharastra and Karnataka States respectively on 1st November, 1956. The Telugu speaking districts of the former Hyderabad state were added to the Andhra State and the State was renamed as Andhra Pradesh.


From 1956 to 1958 the Andhra Pradesh Legislature was Unicameral and from 1958 when the Council was formed, it became bicameral and continued till 1st June, 1985 when the Legislative Council was abolished. Since then the Andhra Pradesh Legislature has become once again Unicameral.


At present the Legislative Assembly of Andhra Pradesh consists of 295 Members including one Member nominated from Anglo-Indian Community.


The sitting timings of Andhra Pradesh Legislative Assembly ordinarily commences at 9 A.M. and concludes at 2:00 P.M. unless the Hon'ble Speaker otherwise directs and if necessary, the House meets in the evening also.

 

 

 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                  None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                          None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                          None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 

 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.42.37

UK Pound

1

Rs.84.01

Euro

1

Rs.65.96

 

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions