MIRA
INFORM REPORT
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Report Date : |
07.09.2011 |
IDENTIFICATION DETAILS
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Name : |
CENTRAL CHINMAYA MISSION TRUST |
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Registered
Office : |
Saki Vihar Road, Mumbai – 400072, Maharashtra |
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Country : |
India |
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Year of
Establishment : |
1999 |
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Capital
Investment : |
Not Divulged |
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Legal Form : |
Trust |
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Line of Business
: |
They provide the education to the public |
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No. of Employees
: |
More than 350 (approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is an established charitable trust providing academic as well
as spiritual education. Trade relations are reported as fair. Payment terms
are unknown. Initially, subject can be considered for business dealings with some
caution. |
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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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 |
INFORMATION PARTED BY (GENERAL DETAILS)
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Name : |
Ms. Romani |
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Designation : |
Administrator |
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Contact No.: |
91-422-2615663 |
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Date : |
31.08.2011 |
LOCATIONS
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Registered Office : |
Saki Vihar Road, Mumbai – 400072, Maharashtra, India |
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Tel. No.: |
91-22-28572367/28575806 |
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Fax No.: |
91-22-28573065 |
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E-Mail : |
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Website : |
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Location : |
Owned |
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Book Store : |
CCMT Educaton Cell, Chinmaya Garden, Nallur Vayal Post, Siruvani Road,
Coimbatore – 641114, Tamilnadu, India |
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Tel. No.: |
91-422-261-5663 |
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Fax No.: |
91-422-261-5725 |
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Vidyalaya and Colleges : |
Located at: ·
Thrissur – Kerala ·
Thiruvananthapuram – Kerala ·
Nouni Solan – Himachal Pradesh |
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Centers : |
Located at: ·
Australia ·
Bahrain ·
Canada ·
France ·
Hong Kong ·
India ·
Indonesia ·
Kenya ·
Kuwait ·
Mauritius ·
Nepal ·
New Zealand ·
Nigeria ·
Oman ·
Philippines ·
Reunion ·
Singapore ·
South Africa ·
Sri Lanka ·
Tanzania ·
Trinidad and Tobago ·
United Arab Emirates ·
United Kingdom ·
United States |
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Ashrams : |
Located at: ·
Chinmayaranaym, Trikoota, Andhra Pradesh, India ·
Chinmayaranyam, Andhra Pradesh, India ·
Chinmaya Yoga Ashram, Andhra Pradesh, , India ·
Chinmaya Sarada Tapovanam, Andhra Pradesh, India ·
Chinmaya Geeta Ashram, Andhra Pradesh, India ·
Chinmaya Tapovan Trust, Himachal Pradesh, India ·
Chinmaya Mission-Mangalore, Karnataka, India ·
Chinmaya Sandeepany, Karnataka, India ·
Chnmaya Ashram Lakshmanpur, Madhya Pradesh, India ·
Chinmaya Udaya Ashram, Maharashtra, India ·
Chinmaya Seva Trust Maharashtra, Maharashtra,
India ·
Tara Cultural Trust, Maharashtra, India ·
Chinmaya Gardens, Tamilnadu, India ·
Sarveshwara Dhyana Nilayam, Tamilnadu, India ·
Tapovan Kuti, Uttaranchal, India ·
Chinmaya Krishnalaya, California, United States |
TRUSTEES
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Name : |
Swami Tejomayananda |
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Designation : |
Trustee |
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Name : |
Swami Brahmananda |
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Designation : |
Trustee |
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Name : |
Mr. Pratap Chandra B. Patel |
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Designation : |
Trustee |
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Name : |
Ms. Jamna Batra |
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Designation : |
Trustee |
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Name : |
Mr. Laju Chandarai |
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Designation : |
Trustee |
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Name : |
Ms. Lila Nambiya |
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Designation : |
Trustee |
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Name : |
Mr. K. P. Daswani |
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Designation : |
Trustee |
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Name : |
Mr. Jagdish Moorjani |
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Designation : |
Trustee |
KEY EXECUTIVES
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Name : |
Ms. Romani |
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Designation : |
Administrator |
BUSINESS DETAILS
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Line of Business : |
They provide the education to the public |
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Terms : |
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Purchasing : |
Cash |
GENERAL INFORMATION
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No. of Employees : |
More than 350 (approximately) |
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Bankers : |
Not Available |
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Banking
Relations : |
-- |
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LOCAL AGENCY FURTHER INFORMATION
WEBSITE DETAILS
PROFILE
Under
the guidance of His Holiness Swami Chinmayananda, devotees formed the nucleus of
a spiritual renaissance movement that now encompasses a wide range of
spiritual, educational, and charitable activities, ennobling the lives of
thousands in India and worldwide.
Presently
headed by His Holiness Swami Tejomayananda, the Mission is administered by
Subjectin Mumbai, India. Under Swami Tejomayananda's guidance, the Mission has
continued mushrooming across the universe and stands today with over 300
centres worldwide.
What does Trust teach?
Advaita Vedanta
Following
the Vedic teacher-student tradition (guru-shishya parampara), Chinmaya Mission
makes available the ageless wisdom of Advaita Vedanta, the knowledge of
Universal Oneness, and provides the tools to realize the wisdom in one's life.
"To give maximum happiness to the maximum number for the maximum
time" is the tenet that drives Mission workers to uplift humanity beyond
selfish and sectarian attitudes and activities. Each person's gain is manifold:
personal growth, heightened efficiency, contentment, and the ability to live
with others in peace and harmony.
Vedanta,
the essential core of Hinduism, is the universal science of life, relevant to
all people of all backgrounds and faiths. Vedanta inspires spiritual seekers to
understand their own faith better. Thus, although Chinmaya Mission is a Hindu
spiritual organization, it does not seek to convert other religious
practitioners.
What does Trust do?
Many Services, One Goal
Chinmaya
Mission is a movement that continues to touch and transform all aspects of
human life. As a spiritual movement that aims for inner growth at individual
and collective levels, the Mission offers a wide array of Vedanta study forums
for all ages, promotes Indian classical art forms, and operates numerous social
service projects. To date, millions worldwide have benefitted directly or
indirectly from Chinmaya Mission's numerous centres, ashrams, classes, events,
services, and projects.
Activities at Regional Centres
·
Chinmaya Bala Vihars (Value education classes for children)
·
Chinmaya Yuva Kendras - CHYK (Vedanta forums for youth)
·
Chinmaya Study Groups (Vedanta forums for adults) and Devi Groups
(Vedanta forums for housewives)
·
Chinmaya Swaranjali (Musical wing of Chinmaya Mission)
·
Chinmaya Vanaprastha Sansthan (Vedanta forums for senior citizens)
Courses
·
Intensive Vedanta Courses (two year residential course on Vedanta)
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Youth Empowerment Programme - YEP (two year course of Vedanta study and
service)
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Dharma Sevak Courses (two week course on the fundamentals of Vedanta)
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Vedanta Correspondence Courses (postal or e-mail)
·
Veda Vidya Peetha (two year course on how to conduct rituals)
Projects
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Chinmaya Organisation for Rural Development (CORD)
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Chinmaya Vibhooti (Chinmaya Mission's Vision Centre)
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Chinmaya Naada Bindu (school of Indian classical music and dance)
Resources and Institutes
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Publications (Chinmaya Mission's print, audio and video material)
·
Chinmaya International Foundation - CIF (Research centre for Sanskrit and
Indology)
·
Chinmaya Mission Hospital and Chinmaya Institute of Nursing - CMH and
CHIN
·
Chinmaya Institute of Management - CIM
The word ‘Chinmaya’ means ‘true knowledge’.
Chinmaya Mission is an organization where seekers of the Truth come together to
acquire and impart the ancient teachings of the Upanishads.
The Chinmaya Movement -
Activities and projects
The Chinmaya Mission is dedicated
to global spiritual upliftment and Indian cultural renaissance. It
is not an organization for achieving or accomplishing just a limited goal
relevant to a particular time or place. It is a "Movement of Creative
Goodness” that touches all aspects of human life and is therefore relevant for
all, at all times.
It has over 250 centres all over
the world which organize and co-ordinate the spiritual, cultural, educational
service projects and activities of the Mission.
The global governing body of the
Mission Subject Mumbai. Chinmaya Mission West (CMW) co-ordinates the Mission’s
activities in the US and Canada.
SCHOOL AND COLLEGES
The Chinmaya Education Movement is one of Chinmaya Mission's most
valuable contributions to society. From its humble beginnings in 1967 at a
nursery school in Kollengode, Kerala (India), the Movement today encompasses
over 76 Chinmaya Vidyalayas (schools), 7 Chinmaya colleges, and the Chinmaya
International Residential School in India, and the first Chinmaya Vidyalaya
outside India's borders, in Trinidad (West Indies).
In almost 40 years of establishment, growth, and expansion, the
Chinmaya Mission's academic institutions in India, administered by the CCMT
Education Cell (CCMT is Central Chinmaya Mission Trust, the apex body of the
Chinmaya Mission Worldwide), have seen over one million students walk through
their halls and graduate through their doors. In the year 2007, there were over
50,000 students enrolled, over 3,500 dedicated faculty members, and over 1,000
administrative staff members.
The resounding success of the Chinmaya Education Movement has been
primarily due to its unique vision of offering academic education complemented
with spiritual knowledge. This has been made possible through the distinctive
foundation programme of learning-the Chinmaya Vision Programme (CVP)-which was
formulated, developed, and implemented by the CCMT Education Cell on all levels
of each Chinmaya educational institution.
The CCMT Education Cell is the governing body of the Chinmaya
Education Movement, and is headquartered at 'Chinmaya Gardens' in Coimbatore,
India.
Motto: True knowledge removes all that is false in our
lives.
Its overall purpose includes the
following:
- To monitor, integrate, streamline,
upgrade, standardize, and facilitate the efficient and effective
maintenance and growth of all Chinmaya educational institutions
- To provide all school officials, from
top management, principals, teachers, and administrative staff with
visionary, standardized, and timely training and guidance on various
levels
- To concretize Swami Chinmayananda’s
vision of education through the implementation of CVP (Chinmaya Vision
Programme) in all Chinmaya educational institutions
- To continually produce new CVP resource
materials and conduct seminars for continuing education
- To provide scholarships and education
materials to needy students and schools (see CCMT Education Cell
Scholarship Fund and Chinmaya Vidya Nidhi) pl place as link
- To forge effective communication, interaction,
and resource sharing among all the institutions under the Education Cell
umbrella, thereby fostering a stronger, cohesive Chinmaya Family spirit.
·
The Chinmaya Vision Programme (CVP) is a comprehensive education
programme that integrates the best of Indian culture and Vedantic philosophy
with academic learning. CVP aims to nurture all Chinmaya students to be
successful and humanitarian world citizens, who adopt and breathe a holistic
vision of life-one that allows them to face life and its challenges positively
and dynamically, while always generously giving back to society in myriad ways.
·
Since its inception, CVP has indeed raised the professional
calibre and personal value of the Chinmaya institutions, making them noteworthy
academic and spiritual forums of modern day. While the child is of course the
focal point of this programme, CVP also takes into account and methodically
addresses the vital roles of school management, teachers, and parents.
·
CVP focusses on four main topics for child development: Integrated
Development, Indian Culture, Patriotism and Universal Outlook.
Integrated Development
- Physical Development: Includes physical
fitness, nutrition, hygiene, personal grooming, health education, health
assessment, and prevention and treatment of diseases
- Mental Development: To help the child
to live in harmony within and with the world; includes emotional
expansion, handling emotions, handling relationships, gender-specific
education, mental health assessment and counselling
- Intellectual Development: Includes
intellectual kindling, independent thinking, management skills,
aesthetics, intellectual assessment and guidance
- Spiritual Development: To help the
child discover his/her inherent divinity and manifest it in daily life;
includes value-based living, philosophy, meditation and yoga
Indian Culture
The child is given a wide exposure to the various aspects of
India's universal, value-based culture and its deeper imports. With right
understanding and knowledge of the significance behind such a lifestyle, the
child readily absorbs and inculcates the same values and ideals. Topics include
cultural awareness, appreciation of India's vast heritage in literature, art
and science, explanations of traditional customs and formalities and cultural
motivation through hobbies and projects.
Patriotism
This vital area of focus includes education in citizenship,
civic consciousness, national and cultural pride and addressing national
issues. The goal is to develop dedicated citizens who honour and take pride in
serving their motherland.
Universal Outlook
Through these teachings, the child learns about unity in
diversity, and developing an appreciation, sensitivity and commitment to
universal issues. The programme aims to have the child see himself as a
responsible citizen of the world, and thereafter live in harmony with creation.
To promote this, topics covered include environmental education, synthesis of
science and religion and intrinsic microcosm and macrocosm vision.
The Chinmaya Educational Institutions are affiliated to
universities and international (International Baccalaureate - IB), central
(CBSE, ICSE, etc) or state Boards of Education, guaranteeing high quality
education.
They have excellent infrastructure with up-to-date
equipment, which enables effective teaching. Schools in the rural areas cater
to the needs of the local people.
Inspired Principals, dedicated teachers, supportive management
and cooperative parents head these institutions. Chinmaya Vidyalayas are
'schools with a difference' for they have unique holistic vision programmes
that create students with a difference.
- Visionary Management: To provide a
clear vision, firm foundation of learning, strategic planning for growth
and efficient management of resources
- Inspiring Principals: To develop
principle-centred principals who are inspired by the overall vision of
Chinmaya Vidyalayas, and who step up as movers and shakers to lead their
institution to nobler heights
- Dedicated Teachers: To recognize and
develop the crux of the institution by continuously motivating their love
for knowledge, teaching, and children, so that they may effectively and
lovingly, by words and by conduct, inculcate academics, skills, values and
philosophy to the next generation
- Cooperative Parents: To help parents be
an ideal, hands-on, integral support base for their children, offering
them extensive love, care, and joy in a disciplined environment, resulting
in their healthy and integrated personality development—one that
complements their visionary education at Chinmaya Vidyalayas
- Students with a Difference: Students
who learn, imbibe, and live the Chinmaya Vidyalaya vision of Knowledge,
Spirit of Service, and Efficiency.
The Chinmaya International Residential School (CIRS) in
Coimbatore, India is a distinctive residential school with Grades 5-12,
providing its students from India and abroad with an academic and spiritual
education programme par excellence.
Through its challenging and specially designed curriculum that
parallels junior and senior high schools in the U.S., combined with vital
features of India's CBSE syllabus, CIRS additionally and exceptionally rears
its students with a deep understanding of Indian culture and Vedantic
philosophy. Supported by a dynamic and inspiring infrastructure, CIRS students
graduate with self-confidence within and reverence without.
Food given in charity (anna-daanam) satisfies one man's hunger for
a day, but education given in charity (vidyaa-daanam) empowers a man to make
his life and livelihood, and support himself and his dependents. This service
of humanity (maanava-sevaa) is the service of the Lord (maadhava-sevaa). To
help the needy is our duty and privilege.
Please offer the maanava-sevaa in the form of vidyaa-daanam, and
sponsor a child's education so that he can make his own life and livelihood.
To offer monetary or in-kind (computers, lab equipment,
stationery, etc.) donations for necessary school supplies and learning aids at
Chinmaya schools and colleges
National Accolades
Chinmaya Vidyalaya teachers have been distinguished with grand
honours for their mastery in the art of teaching, through which they have
enriched young minds with a love of learning and life. All of the award winners
below have also been recognized by the CCMT Education Cell with the “Chinmaya
Gaurav Award.” They congratulate all the winners and their families for these
exceptional accolades.
Chinmaya Gaurav Awards
Chinmaya Vidyalaya students, inspired by their teachers, families,
friends, and communities have been honoured with various accolades over the
years for their academic and artistic excellence. Also recognized with the CCMT
Education Cell's "Chinmaya Gaurav Award," they congratulate these
winners and their families, and looking forward to seeing more of these shining
stars in paving the roads of the future.
Vision Awards
The CCMT Education Cell annually recognizes and honours
exceptional Chinmaya schools for their overall excellence in academics,
management, spirit, growth, and practice of the Chinmaya Vision Programme.
BOOK PUBLICATIONS
Meditation
·
Fifteen Portals To The Supreme Meditation Techniques
Chanting
·
Sri Vishnu Sahasranama Stotram And Namavali
Cultural
And General
·
Chinmaya Study Group (How To Organise…)
·
Himalaya
·
Chinmaya Vishwa A Global Movement 1951 – 2001
·
Swami Chinmayananda As I Know Him
·
Chinmaya Mission Transforming Lives
·
An Introduction To Gerontology
·
Golden Springs – From The Depths Of Meditation
·
Hinduism That Is Sanatana Dharma
·
Hindu Culture - An Introduction
·
In Indian Culture.... Why Do We?
·
Not Too Tight Not Too Loose, “Just Right”
·
Shreemad Bhagavad Geeta – Shlokas
·
The Penguin Swami Chinmayananda Reader
·
We Must
·
Hinduism - Frequently Asked Questions
·
Awakening Indians To India(Hard
Bound)
·
Awakening Indians To India
(Paper Back)
·
Avatar - The Divine Manifestation
·
An Altar In Life Alters Your
Life
·
In Indian Culture... Why Do We?
(Hard Bound)
·
Tips For Happy Living (Jivan
Sutrani)
·
Vyasa
·
Primal Spirituality
Philosophical Knowledge And Plenary Experience
·
Dhimahi
Devotional
·
Aradhana
·
Dhyana Shlokas And Guru Stotram
·
Ganesha Puja Vidhi (Boogie Woogie Ganesha)
·
Glory Of Ganesha (Boogie Woogie Ganesha)
For Children
·
Bala Vihar (Set Of 10 Books)
·
The Balvihar Book Of Picture Parables
·
The Balvihar Book Of Gurudev’s Tales
·
The Balvihar Book Of Train The Brain
·
The Balvihar Book Of Prayers
·
The Balvihar Book Of Jokes - 1
·
The Balvihar Book Of Jokes - 2
·
Chinmaya
Vidyalaya School
·
Garden Of
Life - IV
·
Garden Of
Life – V
·
Garden Of
Life – VI
·
Garden Of
Life – VII
·
Garden Of
Life – VIII
·
Garden Of
Life – IX
·
Garden Of Life
- X
Geetas
·
The Holy Geeta (Hard Bound Cover)
Inspirational
Self
Improvement
·
Planet In Crisis - Address To United Nations
·
Tune In The Mind (Japa Gayatri)
·
The Choice Is Yours - Ethics In Vedanta
Talks
Upanishads
·
Brahma Vidya (Chandogya Upanishad Ch 8)
·
Bhumaiva Sukham (Chandogya Upanishad Ch 7)
·
Mandukya Upanishad With Karika
·
Tat Tvam Asi (Chandogya Upanishad Ch 6)
Vendata
·
Dharma
·
Panchdasi (5th, 10th, 15th Chapters)
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.46.13 |
|
|
1 |
Rs.74.18 |
|
Euro |
1 |
Rs.64.88 |
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.