MIRA INFORM REPORT
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Report Date : |
22.04.2011 |
IDENTIFICATION DETAILS
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Name : |
INDIAN INSTITUTE OF TECHNOLOGY |
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Registered
Office : |
Nankari, |
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Country : |
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Year of
Establishment : |
1960 |
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Legal Form : |
Educational Institute |
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Line of Business
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Educational Institute |
RATING & COMMENTS
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MIRA’s Rating : |
Ba (48) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
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Comments : |
Subject is a well established and reputed educational institute of
technology in Institute can be considered good for business dealings at usual trade
terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – April 1, 2010
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Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
LOCATIONS
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Registered Office : |
Nankari, |
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Tel. No.: |
91-512-2597674, 7199 |
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Fax No.: |
91-512-2590260/ 2597180 |
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E-Mail : |
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Website : |
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Telephone
Enquiry |
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Phone: 91-512-259 0151 |
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Entrance
Examination |
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Undergraduate Admission |
The other officials should NOT be contacted for JEE
application related queries. |
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Joint Entrance Examination (JEE) |
Email: jee@iitk.ac.in Phone: 91-512-259 7335 |
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Graduate Admission |
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Chairman |
Email: chrgate@iitk.ac.in Phone: 91-512-259 7470, 7412, 7304 |
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Vice Chairman |
Email: vchrgate@iitk.ac.in Phone: 91-512-259 7470 |
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Admission to Integrated M.Sc./
B.Tech/ B.Tech Dual Degree/M.Tech/ Ph.D, information pertaining to
Transcripts and Educational Placement Verification |
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Dean of Academic Affairs |
Email: doaa@iitk.ac.in Phone: 91-512-259 7674, 7199 |
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Assistant Registrar/Officer Incharge |
Email: aracad@iitk.ac.in Phone: 0512-259 7288 |
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Students |
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Dean of Student's Affairs |
Email: dosa@iitk.ac.in Phone: 91-512-259 7203 |
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Assistant Registrar/Officer Incharge |
Email: ardosa@iitk.ac.in Phone: 91-512-259 6802/7249 |
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Faculty/Faculty Position |
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Dean of Faculty Affairs |
Email: dofa@iitk.ac.in Phone: 91-512-259 7414 |
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Assistant Registrar/Officer Incharge |
Email: ardofa@iitk.ac.in Phone: 91-512-259 6192 |
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Information on Research and
Development |
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Dean of Research and Development |
Email: dord@iitk.ac.in Phone: 91-512-259 7578 |
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Assistant Registrar/Officer Incharge |
Email: ardord@iitk.ac.in Phone: 91-512-259 7385 |
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International Relations and Alumni |
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Dean of Resource Planning and Generation |
Email: drpg@iitk.ac.in Phone: 91-512-259 7834/7635 |
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Assistant Registrar/Officer Incharge |
Email: arrpg@iitk.ac.in Phone: 91-512-259 7289 |
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Campus
Security |
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Security Officer/Advisor |
Email: security@iitk.ac.in Phone: 91-512-259 7999/7994 |
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Administrative
Matters |
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Registrar |
Email: registrar@iitk.ac.in Phone: 91-512-259 7808, 7290 |
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Administrative Officer (Administration) |
Email: kga@iitk.ac.in Phone: 91-512-259 7620 |
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Deputy Registrar (Finance and Accounts) |
Email: akmisra@iitk.ac.in Phone: 91-512-259 7382 |
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Assistant Registrar/Officer Incharge (Internal Audit) |
Email: arrpg@iitk.ac.in Phone: 91-512-259 7389 |
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Assistant Registrar/Officer Incharge (Legal Cell) |
Email: arcoord@iitk.ac.in Phone: 91-512-259 7290, 7728 |
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Assistant Registrar (Stores and Purchase Section) |
Email: kdakhale@iitk.ac.in Phone: 91-512-259 7384 |
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Superintendent (Human Resource and Administration) |
Email: manojkmr@iitk.ac.in Phone: 91-512-259 7738 |
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Superintendent (Estate Office) |
Email: rrdohare@iitk.ac.in Phone: 91-512-259 7166 |
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Directorate |
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Directorate |
Email: doiitk@iitk.ac.in Phone: 91-512-259 7258,7283/7333 |
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Deputy Director Office |
Email: deputy@iitk.ac.in Phone: 91-512-259 7760 |
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Stores and Purchase Section |
Tel. No. 91-512-2597384 (K. N. Dakhale, Assistant Registrar) Tel. No. 91-512-2597214 (Purchase and Section) Tel. No. 91-512-2597316 (Reciept Unit) Tel. No. 91-512-2597275 (Bill Unit) Tel. No.91-512-2597216 (Import Section) Fax No.91-512-2597659 E-Mail : kdakhale@iitk.ac.in (Central Stores) E-mail : import@iitk.ac.in (Import Section) |
MANAGEMENT
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Name : |
Professor
M. Anandakrishnan |
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Designation : |
Chairman,
Board of Governors, Indian Institute of Technology |
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Address : |
8/
15, Madan Apartments, Kasturibai Nagar, Adyar, Chennai - 600 020, |
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Director (Ex-Officio) Member : |
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Name : |
Professor
Sanjay G. Dhande |
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Designation : |
Director |
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Address : |
Indian
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Council Nominees (Members) : |
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Name : |
Shri Ashok
Thakur, IAS |
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Designation : |
Additional
Secretary |
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Address : |
Government
of India Department
of Secondary Education and Higher Education Ministry of Human Resource
Development, Shastri
Bhawan, New
Delhi - 110 001, India |
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Name : |
Shri N.K.
Sinha, IAS |
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Designation : |
Joint
Secretary |
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Address : |
Government
of India Department
of Secondary Education and Higher Education, Ministry of Human Resource
Development, Shastri
Bhawan, New
Delhi - 110 001, India |
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Name : |
Professor
Rajendra Govind Harshe |
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Designation : |
Council Nominees (Members) |
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Address : |
8301,
La Paloma Apartment
House No. 8-2-693, Road No. 12, Banjara Hills, Hyderabad-500 034,
Andhra Pradesh, India |
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Name : |
Professor
D.V. Singh |
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Designation : |
Former
Vice Chancellor, |
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Address : |
CRRI Sunbreez Apartments,
1002 Tower-B,
Vaisali, Sector-V, |
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State Government Nominees (Members) - Uttar Pradesh Government
Nominee : |
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Name : |
Professor
R.S. Nirjar |
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Designation : |
Former
Vice Chancellor |
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Address : |
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Senate Nominees (Members) : |
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Name : |
Professor
I. D. Dhariyal |
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Designation : |
Senate Nominee (Member) |
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Address : |
Department
of Mathematics and Statistics Indian Institute of Technology |
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Date of Birth/Age : |
Senate Nominee (Member) |
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Name : |
Professor
Rajiv Shekhar |
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Designation : |
Senate Nominee (Member) |
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Address : |
Department
of Materials Science and Engineering Indian Insitute of Technology |
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Ex-Officio Secretary to BOG, IIT |
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Name : |
Shri
Sanjeev S. Kashalkar |
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Designation : |
Registrar
and Secretary, Board of Governors |
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Address : |
Indian
Insitute of Technology |
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International Relations Cell : |
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Name : |
Professor
Manindra Agarwal |
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Designation : |
Dean, Resource
Planning and Generation - For MOUs/Proposals on Academic Alliances |
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E-Mail: |
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Tel. No.: |
91-512-2597338 |
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Residential Tel. No.: |
91-512-2598363 |
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Name : |
Professor A.
K. Chaturvedi |
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Designation : |
Dean, Research and Development - For MOUs/Proposals
on Research Alliances |
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E-Mail: |
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Tel. No.: |
91-512-2597613 |
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Residential Tel. No.: |
91-512-2598378 |
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Name : |
Mohammed
Shakeel |
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Designation : |
Assistant
Registrar and Coordinating Officer - To organize the visits of delegations from
counterpart Institutes from abroad as well as |
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E-Mail: |
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Tel. No.: |
91-512-2597289 |
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Residential Tel. No.: |
91-512-2598361 |
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COMMITTEE : |
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Liveries
Committee |
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Name : |
Mr. Rama Kant, ISCC Representative |
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Designation : |
Member |
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Name : |
Mr. Mukta Prasad, ISCC Representative |
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Designation : |
Member |
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Name : |
Mr. Radhey Shyam, ISCC Representative |
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Designation : |
Member |
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Name : |
Mr. K.N Dakhale, Assistant Registrar(S and P) |
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Designation : |
Convenor |
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Rate Contract Committee for Chemicals/ Glasswares/
Polypropelene |
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Name : |
Dr.
V.Chandrasekhar, Chemistry |
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Designation : |
Chairman
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Name : |
Dr.
Ananthraman, Chemistry |
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Designation : |
Member
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Name : |
Dr.
Gouthama, MME |
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Designation : |
Member |
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Name : |
Dr. Tarun Gupta, Civil Engineering |
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Designation : |
Member
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Name : |
Dr. Y. Joshi, Chemical Engineering |
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Designation : |
Member
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Name : |
Dr.
D.S. Katti, BSBE |
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Designation : |
Member
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Name : |
Mr.
KN Dakhale, AR(S and P) |
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Designation : |
Member
Secretary |
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Rate Contract Committee for High Purity Gases and
Services |
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Name : |
Professor R.N Mukherjee, Chemistry |
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Designation : |
Chairman |
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Name : |
Dr. J.K. Bera, Chemistry |
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Designation : |
Member |
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Name : |
Dr. Nitin Kaistha, Chemical Engineering |
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Designation : |
Member |
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Name : |
Dr. A. K. Gupta, Physics |
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Designation : |
Member |
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Name : |
KG Arvind Kumar (Administrative Officer) |
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Designation : |
Member |
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Name : |
Mr. K.V. Satyamurthy, R and D Office |
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Designation : |
Member |
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Name : |
Mr. KN Dakhale, AR (S and P) |
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Designation : |
Member Secretary |
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Committee for
finalization of Custom Clearance Agent |
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Name : |
Mr. R.K. Sachan,
D.R, (Admin.) |
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Designation : |
Chairman |
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Name : |
Mr. A.K. Mishra,
D.R. (F and A) |
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Designation : |
Member |
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Name : |
Mr. K.G. Arvind
Kumar A.O (Audit) or his nominee |
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Designation : |
Member |
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Name : |
Mr. K.V.
Satyamurthy, A.R. (R and D) |
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Designation : |
Member |
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Name : |
Mr. KN Dakhale,
Assistant Registrar (S and P) |
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Designation : |
Member Secretary
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Committee for
procurement of furniture for new Faculty Member |
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Name : |
Dr. M.K.
Harbola, Physics |
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Designation : |
Chairman |
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Name : |
Dr. Madhav
Ranganathan, Chemistry |
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Designation : |
Member |
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Name : |
Mr. R.K. Sachan,
DR (Admin) |
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Designation : |
Member |
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Name : |
Mr. KG Arvind
Kumar (AO) |
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Designation : |
Member |
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Name : |
Mr. KN Dakhale,
AR (S and P) |
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Designation : |
Member Secretary
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Committee for procurement
of Stationery Items |
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Name : |
Dr. R.N.
Sengupta - IME |
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Designation : |
Chairman |
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Name : |
Mr. R.K. Sachan,
DR (Admin) |
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Designation : |
Member |
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Name : |
Mr. KG Arvind
Kumar (AO) |
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Designation : |
Member |
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Name : |
Mr. KN Dakhale,
AR(S and P) |
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Designation : |
Member Secretary
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LOCAL AGENCY FURTHER INFORMATION
WEBSITE DETAILS:
HISTORY:
Dr. P. K. Kelkar did the registration of IITK Society on 14th December, 1959.
Soon after the five IITs were set up, Prime Minister Pandit Jawaharlal Nehru had realized that to keep pace with the ever changing world of science and technology, it is necessary to collaborate closely with the outside world. The Kanpur Indo-American Programme (1962-1972) at IIT-Kanpur was a stride in this direction. During the period 1962-72, the Institute received technical assistance under KIAP from a consortium of nine leading Institutions of U.S.A. Under the program, faculty members from these Institutions assisted the Institute in the setting up of the academic programs and development of laboratories for instruction as well as research.
Indian Institute of Technology,
IIT-Kanpur is located on the
From its very inception, IIT Kanpur has been striving to
develop itself into an institution of excellence in education and research in
consonance with the contemporary and future needs of
INSTITUTE:
Subject is engaged in carrying out original research of significance and technology development at the cutting edge. It imparts training to students so that they become competent and motivated engineers and scientists. The Institute celebrates freedom of thought, cultivates vision and encourages growth, but also inculcates human values and concern for the environment and the society.
The Institute awards Bachelors, Masters and Doctoral degrees in various
branches of technology and science. It has been making special efforts to
recruit talented faculty on a world-wide basis and to admit bright students
from all over the country by a careful selection process (JEE/GATE/JMET/JAM).
The Institute has about 1450 undergraduate and 850 postgraduate students, 300
faculty, and more than 1500 supporting staff. It has one of the finest
scientific and technological library with an online information retrieval
system over the campus LAN.
PROFILE:
Subject was established in the year 1960. The Parliament of
India passed the ‘Institutes of Technology Act 1961’ declaring all the IITs as
“Institutions of National Importance”. The Parliamentary Act has given absolute
autonomy to the IITs. When the foundation stone of the IIT system was laid, it
was perceived that taking help from the industrially advanced western countries
might be lot more effective in achieving the status of a world class technical
institute. Hence, IIT Kanpur had a massive collaboration with
The IIT Kanpur is a prestigious institute of higher learning
producing meritorious students with excellent career growth and universal recognition.
The students get the best of opportunities in the form of highly advanced
courses, eminent faculty members, well-equipped laboratories, library, hostels
and immense facilities to excel in research and development. The selection
procedure for students at undergraduate, postgraduate and research level is
highly stringent so that IIT gets the best brains of
At the Bachelor’s level, we have B.Tech. Programs in
Aerospace, Biological Science and Bioengineering, Chemical, Civil, Computer
Science, Electrical, Metallurgy and Mechanical Engineering. They also have
integrated M.Sc. programs in Physics, Chemistry, Mathematics and Statistics.
From July 2005, they have started an integrated M.Sc. program in Economics. The
students for these programs are selected through JEE and usually they are the
top students from various places in the country. There are programs for M. Sc.
(2 years) in Physics, Chemistry, Mathematics and Statistics, where the students
with B.Sc. (Hons.) background are chosen through an all-India examination known
as
IIT Kanpur has demonstrated its excellence in research in many areas. IIT Kanpur has a vibrant university atmosphere with a combination of strong academic and research activities. Both compliment each other and the students at all levels under the able guidance of the faculty members maintain this brilliant combination and help the Institute to reach the zenith of knowledge and innovation. To cite a few areas: Finite Element Methods Using Domain Decomposition, Flow Induced Vibrations, Wind Tunnel Testing of Large Scale Prototypes, Computational Chemistry, Nano-materials and Nano-technology, Geometric Optimization of Large Organic Systems, Genomics and Bio-Informatics, Electronic Structure Calculations, Aggregation and Etching, Molecular Dynamics, Thin Film Dynamics, Optical / EM Field Calculations, Computational Fluid Dynamics and Heat Transfer, Computer Aided Design and Rapid Prototyping, Tomography, Robotics, Multi-Body Dynamics, Geo-seismic Prospecting, Stress Analysis and Composite Materials, Vibration and Control, Semiconductor Physics, Photonics, Neural Networks and Genetic Algorithms, Earthquake Engineering, Impurities in Anti-Ferro Magnet, Raman Scattering, Particle Physics, Spin Fluctuation in Quantum Magnets and so on. The most recent initiative of IIT Kanpur has been the Formation of a Strong Research Group in the areas of Nanoscience and Nanotechnology.
Understanding basic science and having a strong grip on fundamentals is essential for the future engineers. Science-based courses are included in the curricula during the first two years of training so that the engineers follow a correct track in their innovative endeavor. Theodore von Karmann once stated: The Scientists explore what is and engineers create what has never been. In IIT Kanpur, Science Electives have been introduced in order to enhance the science content in engineering. The following Science Electives are worth mentioning: Quantum Physics, Modern Theories of Material Design, Non-Linear Systems, Order and Chaos, Molecular Modeling, Bio-Inorganic Chemistry, Lasers in Chemistry and Biology, Digital Image Processing, Fourier Analysis,
Numerical Linear Algebra, Photons, Molecules and Chemical Dynamics, Magnetic Resonance in Chemistry and Biology, Bio-informatics and Computational Biology are to name a few.
IIT Kanpur has developed a close association with the Indian Railways. A new project namely SIMRAN has been rolled out for tracking of trains and providing two directional data connectivity between a stationary server and a moving train. This project has turned out to be a great success. The Research Summit called REACH Symposium was conducted at Shimla during March 2007 and is expected to be of great importance of their Institute for bringing out new initiatives in academic and non-academic environments. National Wind Tunnel Facility (NWTF) was established as a landmark research and development activity at IIT Kanpur. Establishment of Samtel Center for Display Technology is indeed a shining example of development of a research programme of high quality. The National Program on Earthquake Engineering Education (NICEE) is a resource center for many aspects of earthquake engineering. A system of material processing using focused beam (FIB) has been established.
The Institute is expanding and various infrastructural developments have taken place in the recent past. The Outreach '69 and '80 has come up which houses offices of Alumni Association and Students’ Placement activities. It also has a centrally air-conditioned multipurpose auditorium with the seating capacity of 218. The Institute is setting up a centre of Environmental Sciences and Engineering utilizing the MPLADS funds given by Shri Arun Shourie. The construction of a separate building is under advance stage, which will house laboratories, seminar and discussion rooms for various disciplines of the Environmental Sciences and Engineering. Many developments have already taken place and many are lined up for the future years. P. K. Kelkar Library is housed, with all modern amenities, in a magnificent three-storied, separate building covering an area of 5730 sq. m. The library has been rendering essential support to the academic, research and developmental programmes of the Institute. It remains open on 358 days of the year, from 8 a.m. to 12 midnight on all working days; 9 a.m. to 12 midnight on Saturday; 9 a.m. to 5.30 p.m. on Sundays and Gazetted holidays, and for 24 hours during the three examinations each semester.
The initiative to conceive a grand design for technical
education in
STORES AND PURCHASE
SECTION
The procedure to be adopted for the purchase of diverse kind of equipment and stores required by the various users of the institute should be in consonance with the wider objective to achieve excellence in all acitvities of the Institute be it academic, research or extension. Such procedures, therefore, should address to the needs and aspirations of the actual users and at the same time promote building a conducive environment much needed for the furtherance of Institute activities. The related aspects of accounting, record keeping, inventory stock verification, Asset register etc. will need proper attention so as to make the overall stores and purchase systems efficient and transparent. Emphasis should be laid on the use of office automation to achieve efficiency and responsiveness in functioning.
PERSONNEL
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Mr. KN Dakhale Assistant Registrar (S and P)PFNo.4949 kdakhale@iitk.ac.in 91-512-2598471 (Residential) Fax No. 91-512-2597659 |
Overall In-Charge of |
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Purchase Section |
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Mr. H.M. Khan Superintendent Phone: 91-512-2597214 (Office) |
Assisting in all works related to indigenous purchases and other miscellaneous works of department |
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Mr. RA Yadav Junior Superintendent Phone: 91-512-2597214 (Office) |
Processing of purchase orders, preparing indents, preparing Sanction Sheet, inviting quotations etc. |
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Mrs. Sushma Gupta Junior Superintendent Phone: 91-512-2597214 (Office) |
Assisting in all the works of Purchase Unit. |
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Mr. D. B. Banerjee Attendent Phone: 91-512-2597216 (Office) 91-512-2598794 (Residential) |
Receipt and dispatch of all papers related to Stores Purchase and Import Section . Maintaining and handling of Public Postage Stamps |
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Mr. R.C. Rathore Attendant Phone: 91-512-2597214 (Office) off campus (Residential) |
closing and opening of the office and helping in other file handling works |
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Mr. Kundan Kumar Pandey Junior Assistant Phone: 91-512-2597214 (Office) |
Preparation of indents,sanction sheet and preparation of Purchase Order: Comparative Statement Preparation, floating of enquiry of quotations |
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Mr. R. C. Dixit Attendant Phone: 91-512-259 7214 (Office) |
All works related to dak/letter of Central Stores delivery in IIT Departments |
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BILL Unit |
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Mr. L.S. Bajpai Junior Supdt Phone: 91-512-2597275 (Office) |
Maintenance of AP register, Bill Register, bill adjustment register, Ledgers (Consumable and Non Consumable) and IR's Registers. Sending of passed bills and advances to Account Section after checking, calculation and signatures. Entry of IR's in automation systems. Other work assigned by the incharge |
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Mr. Kamlesh Attendant Phone: 91-512-2597214 (Office) |
Assisting the staff members in the office : handling file works etc. |
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Receipt Unit |
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Mr. S. K. Katiyal Junior Superintendent PFNO.P-108 Phone: +91-512-259 7316 (Office) |
All works related to Receipt unit, Receipt and issue of cheques to the suppliers, clearance of consignment, Procurement and issuance of liveries and papers etc. Receipt of material and preparation of Inspection Reports, material delivery to the indentors/users. Institute Asset Register |
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Mr. G. P. Mishra Superintendent PF NO.5082 Phone: 91-512-2597316 (Office) 2598286 (Residential) |
All works related to receipt unit Receipt and issue of cheques to the suppliers, clearance of consignment, Procurement and issuance of liveries and papers etc. Receipt of material and preparation of Inspection Reports, material delivery to the indentors/users. Institute Asset Register |
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Mr. Amit Pandey Junior Assistant Phone: 91-512-2597316 (Office) |
All works related to receipt unit Receipt and issue of cheques to the suppliers, clearance of consignment, Procurement and issuance of liveries and papers etc. Receipt of material and preparation of Inspection Reports, material delivery to the indentors/users. Institute Asset Register |
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Mr. B. Paswan Attendant PFNO.P-146 Phone: 91-512-2597316 (Office) |
Delivery of material, all the works of attendant. |
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Mr. Subir Junior Assistant PFNo.5012 Phone: 91-512-2597214 (Office) |
Liasioning work related to Import Air consignments, FPP and Courier parcel etc. Preparation of CDE, All e-mailing correspondent with foreign supplier and Indian Agent, |
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Mr. Prem Kumar Senior Assistant PFNO.4410 prem@iitk.ac.in off campus (Residential) |
Supervision of import works, Distribution of Air-consignments to the Indentor. All payment papers related to L/C, TT/DD, AMC, TSC, Agency commission etc. Maintenance, keeping and closing work of Import Files. Work related to Stamp Paper |
|
Mr. Ashish K. Singh Junior Assistant sashish@iitk.ac.in |
Assisting payment to suppliers and all other import sections works. |
|
Mr. Kamlesh Attendant import@iitk.ac.in |
Assisting the staff members in the office : handling file works etc. |
|
Mr. Om Prakash Helper Gr. I Phone: 91-512-2597216 (Office) |
assisting and helping in office works: handling file works etc. |
|
Mr. S. Ambedkar Senior Assistant Phone: 91-512-2597316 (Office) |
Computer Related Works, Inspection Report, preparing Sanction Sheet, updating of web page of Central Stores |
IMPORT
1. For importing of goods : Above to Rs. 1 lakh, the Committee approval from the competent authority (minimum 3 members ) and signatures of the members must be required.
2. If the quotation is submitted by the Indian Agent, An authorization Certificate from Principal Supplier should be attached about their Agency Commission .
3. All the Quotations should be invited as on FOB Basis to avoid heavy demurrages now a days. FOB – Free on Board means that the seller delivers the goods at nominated port of destination and he is responsible to get clear all the formalities of Export and Handling over the goods to Airlines/Freight Forwarder. Buyer will pay only freight charges from seller destination to buyer destination . Price of packing +Forwarding + inland freight (from Company Godown to nearest Airport) are already included in FOB price. (handling and pick charges are not included in FOB).
Cost and Freight (C
and F)
Cost and Freight means that the seller delivers the goods at Air/Seas port and he is responsible to get clears all the formalities of export, pay the freight charged and handling over the goods to airlines /freight forwarder .Price of packing + forwarding + inland freight (From company Godown to their nearest airport.) + Airfreight ( from seller port of destination to buyer's destination) is already included in C and F prices.
Cost and Freight
(CIF)
Cost and Freight means that the seller deliver s the goods at Air/Sea Port and he is responsible to get clear all the formalities of Export, pay the freight charges and handing over the goods to Airlines/Freight forwarder and seller will be responsible to make an insurance arrangement at their end from seller ware house to buyer ware house. Price of packing + forwarding + inland freight (from co-godown to their nearest Airport) + Air freight (from seller port of destination to buyer destination) and cost of Insurance upto buyer's destination / ware house are already included in C and F price.
Mode of Foreign
Currency Payment
Advance Payment through Demand Draft After confirmation of Purchase Order, they can release the supplier's payment maximum equivalent to US $ 5000.00 excess to US $ 5,000.00 they can release the suppliers payment only against the Bank Guarantee from the reputed bank but it is a time taking procedure.
Advance Payment
through (TT/Swift/Wire Transfer)
After confirmation of Purchase Order, they can release the supplier's payment maximum amount equivalent to US $ 5000.00 ( it will be very faster releasing of payment method ). In case amount excess to US $ 5000.00 they can release the supplier's payment only against the Bank Guaranty (BG) from reputed bank. It is a faster procedure.
CAD Payment (Cash
against Document)
After supplying of material or evidence of shipping documents, they can release the suppliers payment any amount of order value.
Payment through LC
(Letter of Credit)
After confirmation of Purchase Order they can release the supplier's payment through letter of credit (any amount of order value) on the basis of the Institute's terms and conditions.
Budget Sanctioning
Powers
REGISTRAR/HODS IN CASE OF NON CONSUMABLE AND LTA UP TO 1 LAKH AND IN CASE OF CONSUMABLE 20,000/-
DY. DIRECTOR IN CASE OF NON CONSUMABLE AND LTA UP TO 4 LAKHS AND IN CASE OF CONSUMABLE 1 LAKH
AND IN ALL OTHER CASES DIRECTOR
1. Import Section is dealing with all kinds of Imported Goods of the Institue Labs. To avoid delay in processing purchase order, kindly check if the requisition has been sent in the appropriate requisiton format (prescribed format).
2. Whether budget provision is clearly mentioned for budgetary control.
3. Whether indent is approved by the competent authority.
4. Whether quotation is signed by the indenter/HOD /Committee members if any.
5. Whether
certificate of NMIC ( Non manufacturing in
6. Whether proper justification given when a single quotation is considered.
7. Whether valid authorisation letter from Principal Supplier in favour of Indian Agent attached.
8. Whether Agency Commission has been specifically mentioned which is to be paid in Indian currency.
9. Whether the guarantee period of equipment has been specified.
10. Whether the quotation is valid for 60 days from the date of issue.
11. Whether the partial shipment is being contemplated, if so, the same is not acceptable.
12. Whether insurance is being arranged by institute, if so, please mention that clause in the enquiry.
13.
Whether quotation value is in Foreign Currency.
INDIGENOUS
Central Stores and Purchase Section is dealing with all kinds of Indigenous Goods. To avoid delay in processing purchase order, kindly check if the requisition has been sent in the appropriate requisiton format (prescribed format).
Terms and conditions for supply of Articles
1. The supply should be exactly according to the specifications laid down in Supply Order. Any item found defective or deviating from the specification will not be accepted and returned at your/supplier risk and cost. In case of furniture, the supply should be done exactly as per the sample provided by you (supplier)
2. All
the consignments securely packed should be booked Freight Paid , insured and
addressed to Assistant Registrar (Stores and Purchase ) IIT
3. RR
and Bills in triplicate along with freight and insurance receipt etc. should be
sent to Assistant Registrar (Stores and Purchase), IIT
4. Demurrage, wharfage if any, on account of late receipt of R/R will be chargeable to you (supplier)
5. No Goods will be accepted by the institute unless delivery chalan/packing slips give full details of the purchase order number
6. If Goods are rejected, notice of such rejection shall be given to supplier. On receipt of such notice, the rejected goods must be removed immediately at the supplier's expense and replaced by the other goods to be approved. All the rejected goods pending removal will remain in IIT K premises at supplier's risk
7. Please indicate Sales Tax Registration number on the bill an proforma invoice to facilitate the payment.
8. In case of payments against delivery, please send proforma invoice mentioning Purchase Order number This is to prepare advance payments which you will be given at the time of delivery.
9. Technical literature working /installation instruction must accompany all machines and equipments.
10. The delivery must be completed within specified delivery period .
11. Any
Dispute out of this supply order is subject to the jurisdictions of
12. Local delivery must be made at Central Stores only.
13. Please book the material through Railway, Destination Railway Station, Kanpur Central, District Kanpur
14. Please furnish the following Certificate on the Bill:- "Certified that the goods on which sales tax has been charged have not been exempted under the CST Tax or the State ST Act or the rules made thereunder and the amounts charged on account of sales tax on these goods are not more than what is payable under the provisions of relevant act rules made thereunder ".
15. Payment Against Bank Guarantee : Please furnish bank guarantee well in advance in prescribed formats as required by this Institute along with proforma invoice to enable them to prepare advance payment as per the terms and conditions of supply order
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No 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.44.30 |
|
|
1 |
Rs.72.92 |
|
Euro |
1 |
Rs.64.69 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
48 |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major sections
of this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
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 |
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 |
|
- |
NB |
New Business |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.