MIRA INFORM REPORT

Report Date :

10.09.2012

IDENTIFICATION DETAILS

Name :	SHRI SAI KRIPA THERMOFORMING PRIVATE LIMITED
Registered Office :	Balkalan Road, Pandori Waraich, Majitha Road, Amritsar – 143001, Punjab
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	03.04.2009
Com. Reg. No.:	16-032733
Capital Investment / Paid-up Capital :	Rs.4.000 Millions
CIN No.: [Company Identification No.]	U25199PB2009PTC032733
TAN No.: [Tax Deduction & Collection Account No.]	AMRS16959F
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Disposable Glasses and Cups, Disposable Kitchenware, P P Cups and Glasses.
No. of Employees :	55 (Approximately) (In Office + In Factory)

RATING & COMMENTS

MIRA’s Rating :

B (27)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	USD 17000
Status :	Small company
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is a relatively small company having moderate track. Profitability of the company appears to be very low. However, trade relations are reported as fair. Business is active. Payments are reported to be slow but correct. The company can be considered for small to mediocre 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 – September 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

INFORMATION PARTED BY

Name :	Mr. Sandeep Khosla
Designation :	Whole-time director
Contact No.:	91-9814005428
Date :	02.07.2012

LOCATIONS

Registered Office / Factory :	Balkalan Road, Pandori Waraich, Majitha Road, Amritsar – 143001, Punjab, India
Tel. No.:	91-183-6530653
Mobile No.:	91-9814005428 (Mr. Sandeep Khosla)
Fax No.:	Not Available
E-Mail :	caamritsar@gmail.com
Location :	Owned

DIRECTORS

As on 30.09.2011

Name :	Mr. Joyti Parkash
Designation :	Whole-time director
Address :	4825/18, Guru Arjun Dev Nagar, Putlighar, Amritsar, Punjab, India
Date of Birth/Age :	27.11.1967
Date of Appointment :	03.04.2009
DIN No.:	02574647

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U25199PB2009PTC032733	SHRI SAI KIRPA THERMOFORMING PRIVATE LIMITED	Whole-time director	3/4/2009	3/4/2009	-	Active	NO
2	U25190PB2012PTC036005	SSDN PLASTIC PRODUCTS PRIVATE LIMITED	Whole-time director	1/3/2012	1/3/2012	-	Active	NO

Name :	Mr. Sandeep Khosla
Designation :	Whole-time director
Address :	House No – 1569, Tirath Shah Bhatia Road, Inside Sultanwind Gate, Amritsar, Punjab, India
Date of Birth/Age :	29.03.1970
Date of Appointment :	03.04.2009
DIN No.:	00897916

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U25199PB1990PTC010453	R A RUBBERS PRIVATE LIMITED	Director	9/6/1990	9/6/1990	25/10/2007	Active	NO
2	U25199PB1999PTC023182	KHOSLA RUBBERS PRIVATE LIMITED	Director	1/10/2007	1/10/2007	-	Active	NO
3	U25199PB2009PTC032733	SHRI SAI KIRPA THERMOFORMING PRIVATE LIMITED	Whole-time director	3/4/2009	3/4/2009	-	Active	NO
4	U25190PB2012PTC036005	SSDN PLASTIC PRODUCTS PRIVATE LIMITED	Whole-time director	1/3/2012	1/3/2012	-	Active	NO

Name :	Mr. Jatinder Sharma
Designation :	Whole-time director
Address :	4829 – B, Guru Arjun Dev Nagar, Putlighar, Amritsar, Punjab, India
Date of Appointment :	03.04.2009
DIN No.:	02570149

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U25199PB2009PTC032733	SHRI SAI KIRPA THERMOFORMING PRIVATE LIMITED	Whole-time director	3/4/2009	3/4/2009	-	Active	NO
2	U25190PB2012PTC036005	SSDN PLASTIC PRODUCTS PRIVATE LIMITED	Whole-time director	1/3/2012	1/3/2012	-	Active	NO

Name :	Mr. Rajinder Kumar
Designation :	Whole-time director
Address :	38-Podar Colony, Guru Arjun Dev Nagar, Putlighar, Amritsar, Punjab, India
Date of Birth/Age :	02.06.1968
Date of Appointment :	03.04.2009
DIN No.:	02571602

Name :	Mr. Sandeep Sharma
Designation :	Whole-time director
Address :	38 – Podar Colony, Guru Arjun Dev Nagar, Putlighar, Amritsar, Punjab, India
Date of Appointment :	03.04.2009
DIN No.:	02570123

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U25199PB2009PTC032733	SHRI SAI KIRPA THERMOFORMING PRIVATE LIMITED	Whole-time director	3/4/2009	3/4/2009	-	Active	NO
2	U25190PB2012PTC036005	SSDN PLASTIC PRODUCTS PRIVATE LIMITED	Whole-time director	1/3/2012	1/3/2012	-	Active	NO

Name :	Mr. Sanjeev Kumar Sharma
Designation :	Whole-time director
Address :	4829-B, Guru Arjun Dev Nagar, Putlighar, Amritsar, Punjab, India
Date of Appointment :	03.04.2009
DIN No.:	02567533

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U25199PB2009PTC032733	SHRI SAI KIRPA THERMOFORMING PRIVATE LIMITED	Whole-time director	3/4/2009	3/4/2009	-	Active	NO
2	U25190PB2012PTC036005	SSDN PLASTIC PRODUCTS PRIVATE LIMITED	Whole-time director	1/3/2012	1/3/2012	-	Active	NO

Name :	Mr. Kulbhushan Gupta
Designation :	Additional Director
Address :	27-A, Krishna Square-1, Amritsar – 143001, Punjab, India
Date of Birth/Age :	10.01.1952
Date of Appointment :	01.11.2011
DIN No.:	05131081
Name :	Mr. Rahul Mahajan
Designation :	Additional Director
Address :	H. No.42, Krishna Square-1, Amritsar – 143001, Punjab, India
Date of Birth/Age :	01.02.1986
Date of Appointment :	01.11.2011
DIN No.:	05131152
Name :	Mr. Gajinder Singh
Designation :	Additional Director
Address :	H. No.11, R. B. Rattan Chand marg, Ward No.44, Amritsar – 143001, Punjab, India
Date of Birth/Age :	01.03.1984
Date of Appointment :	01.11.2011
DIN No.:	05131731

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Sandeep Khosla	2600
Manjeet Singh	200
Jyoti Parkash	4200
Rajinder Kumar	2500
Jatinder Sharma	2300
Sandeep Sharma	2200
Sanjeev Kumar Sharma	2200
Bhupinder Singh	1000
Gajinder Singh	1000
Jaswinder Kaur	1000
Navneet Kaur	1000
Kewal Krishan Sharma	3000
Santosh Kumari	3000
Shashi Sharma	1600
Seema Khosla	1600
Kulbushan Gupta	2650
Navdeep Gupta	2650
Parveen Mahajan	1250
Rita Mahajan	1325
Naresh Kumar	1325
Narinder Kumar	1400
Total	40000

As on 30.09.2011

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer of Disposable Glasses and Cups, Disposable Kitchenware, P P Cups and Glasses.
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Credit

GENERAL INFORMATION

Suppliers :

· Jay Jay Plastic Industries

· K.C Bharat Packaging Company

· M. K. Box Factory

· Mahavir Pipes

· Organic Aqua Industries

· Prime Engineers

Customers :

Wholesalers and Retailers

· Shree Ganesh Food and Beverages

· Cheap and Best Trading Company

· J M D Enterprises

· Neelkamal Traders

· Pancy Inc.

· Sareen Brothers

· Sharma Trading Company

No. of Employees :

55 (Approximately) (In Office + In Factory)

Bankers :

Oriental Bank of Commerce, Majitha Road, Amritsar – 143001, Punjab, India

Facilities :

Secured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
Oriental Bank Of Commerce, Building Loan-97 (Secured against Immovable and Movable Assets)	1.356	1.518
Oriental Bank Of Commerce, Machinery Loan-103 (Secured against Immovable and Movable Assets)	3.455	7.792
Oriental Bank Of Commerce, 11834 CC A/c (Secured against Immovable and Movable Assets)	4.389	4.615
Total	9.200	13.925
Unsecured Loan	As on 31.03.2011 (Rs. in Millions)	As on 31.03.2010 (Rs. in Millions)
Annie Sharma	0.100	0.100
Jyoti Sharma	0.220	0.100
Rajinder Kumar	0.114	0.014
Rajinder Kumar HUF	0.090	0.090
Sandeep Kumar	0.044	0.014
Sanjeev Kumar HUF	0.090	0.090
Jyoti Parkash Khurana	0.269	0.029
Pushpa Khurana	0.190	0.140
Bhupinder Singh	0.000	0.150
Bhupinder Singh Huf	0.250	0.250
Gajinder Singh	0.475	0.475
Gajinder Singh Huf	0.050	0.050
Jasleen Kaur	0.150	0.150
Jaswinder Sing HUF	0.000	0.050
Kawatjit Kaur	0.050	0.090
Manjit Singh	0.015	0.915
Navneet Kaur	0.000	0.150
Satwant Kaur	0.050	0.050
Surjit Kaur	0.000	0.070
Sandeep Khosla	0.754	0.114
Sandeep Khosla HUF	0.435	0.250
Seema Khosla	0.335	0.090
Jatinder Kumar	0.070	0.000
Kulbhushan Gupta	1.220	0.000
Meenakshi Sharma	0.200	0.000
Naresh Kumar	0.068	0.000
Narinder Kumar	0.060	0.000
Vandana Sharma	0.600	0.000
Parveen Mahajan	0.300	0.000
Renu Khurana	0.350	0.000
Rita Mahajan	0.300	0.000
Sanjeev Kumar Sharma	0.375	0.000
Shashi Sharma	0.150	0.000
Total	7.374	3.431

Banking Relations :	--
Auditors :
Name :	V Wadhwa and Company Chartered Accountants
Address :	169-A, Rani Ka Bagh, Amritsar – 143001, Punjab, India
PAN.:	AAAFV9890R
Memberships :	· BIWA · PPIA

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
40000	Equity Shares	Rs.100/- each	Rs.4.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
40000	Equity Shares	Rs.100/- each	Rs.4.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		4.000	4.000
2] Share Application Money		0.000	0.000
3] Reserves & Surplus		0.333	0.320
4] (Accumulated Losses)		0.000	0.000
NETWORTH		4.333	4.320
LOAN FUNDS
1] Secured Loans		9.200	13.925
2] Unsecured Loans		7.374	3.431
TOTAL BORROWING		16.574	17.356
DEFERRED TAX LIABILITIES		0.000	0.000
TOTAL		20.907	21.676
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		13.699	13.288
Capital work-in-progress		0.000	1.795
INVESTMENT		0.792	0.000
DEFERREX TAX ASSETS		0.080	0.080
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	6.827	3.405
	Sundry Debtors	0.523	1.402
	Cash & Bank Balances	0.193	0.515
	Other Current Assets	0.000	0.000
	Loans & Advances	0.181	2.220
Total Current Assets		7.724	7.542
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	1.170	0.925
	Other Current Liabilities	0.000	0.000
	Provisions	0.240	0.134
Total Current Liabilities		1.410	1.059
Net Current Assets		6.314	6.483
MISCELLANEOUS EXPENSES		0.022	0.030
TOTAL		20.907	21.676

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010
	SALES
		Income	18.548	5.967
		Other Income
		TOTAL	18.548	5.967
Less	EXPENSES
		Office Expenses	16.578	4.993
		Administrative Expenses
		Advertising Expenses
		TOTAL	16.578	4.993
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		1.970	0.974
Less/ Add	DEPRECIATION/ AMORTISATION		1.951	0.654
	PROFIT BEFORE TAX		0.019	0.320
Less	TAX		0.006	0.000
	PROFIT AFTER TAX		0.013	0.320
	Earnings Per Share (Rs.)		0.33	--

Particulars	31.03.2012
Sales Turnover (Approximately)	20.000

Expected Sales (2012-2013) : Rs.30.000 Millions

The above information has been parted by Mr. Sandeep Khosla.

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010
PAT / Total Income	(%)	0.07	5.36
Return on Total Assets (PBT/Total Assets}	(%)	0.09	1.54
Return on Investment (ROI) (PBT/Networth)		0.00	0.07
Debt Equity Ratio (Total Liability/Networth)		4.15	5.76
Current Ratio (Current Asset/Current Liability)		5.48	7.12

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report (Yes / No)
1) Year of Establishment	Yes
2) Locality of the firm	Yes
3) Constitutions of the firm	Yes
4) Premises details	No
5) Type of Business	Yes
6) Line of Business•	Yes
7) Promoter’s background	Yes
8) No. of employees	Yes
9) Name of person contacted	Yes
10) Designation of contact person	Yes
11) Turnover of firm for last two years	Yes
12) Profitability for last two years	Yes
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	Yes
15) Capital in the business	Yes
16) Details of sister concerns	Yes
17) Major suppliers	Yes
18) Major customers	Yes
19) Payments terms	Yes
20) Export / Import details (if applicable)	Yes
21) Market information	--
22) Litigations that the firm / promoter	--
23) Banking Details	Yes
24) Banking facility details	Yes
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	Yes
28) Incorporation details, if applicable	Yes
29) Last accounts filed at ROC	Yes
30) Major Shareholders, if available	Yes

FINANCIAL RESULTS:

During the Accounting year 2010-2011, the company has achieved sales of Rs. 18.548 Millions and earned a net profit of Rs. 0.013 Millions after depreciation of Rs.1.951 Millions and Provision of Income Tax of Rs. 0.006 Millions. The Directors are hopeful of better results during the Current year. The Accounts and notes thereon are self explanatory.

BANKERS CHARGES REPORT AS PER REGISTRY

Corporate identity number of the company	U25199PB2009PTC032733
Name of the company	SHRI SAI KIRPA THERMOFORMING PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	Balkalan Road, Pandori Waraich, Majitha Road, Amritsar – 143001, Punjab, India E-mail : caamritsar@gmail.com
This form is for	Modification of charge
Charge identification (ID) number of the charge to be modified	10180273
Type of charge	Immovable property Movable property (not being pledge)
Particular of charge holder	Oriental Bank of Commerce, Majitha Road, Amritsar – 143001, Punjab, India E-mail : bm1183@obc.co.in
Nature of instrument creating charge	Letter of Equitable Mortgage
Date of instrument Creating the charge	31.03.2011
Amount secured by the charge	Rs.7.700 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest As per Bank Norms Terms of Repayment Repayable in 78 installments of Rs.0.151 Millions each starting from 01.04.2010 Margin 25 % Extent and Operation of the charge 100 %
Short particulars of the property or asset(s) charged (including complete address and location of the property)	Hypothecation of Machinery of the company Equitable Mortgage of Land measuring 3 Kanals 9.58 Marlas out of Khasra No.136/18/1/1(3-0), 136/17/1(2-12) Khata Khatauni No.279/491, 164/30 situated at Village Bal Kalan, Amritsar, Punjab, India Equitable Mortgage of Property having Doc. No.4991 Bahi No.1 Jild No.3720 Page 97 98 dated 6/8/2009 Khasra No.136//3/2, 4/1, 136//4/2 min measuring 2K 1M 3S situated at VPO Bal Kalan, Distinct Amritsar, Punjab, India
Particulars of the present modification	The Charge is further secured by way of Equitable Mortgage of Property having Doc. No.4991 Bahi No.1 Jild No.3720 Page 97 98 dated 6/8/2009 Khasra No.136//3/2, 4/1, 136//4/2 min measuring 2K 1M 3S situated at Village and Post Office Bal Kalan, District Amritsar, Punjab, India

FIXED ASSETS:

· Land

· Building

· Machinery

· Computer

· Electric Fittings

· Fire Extinguisher

· Motor Cycle

· Tata Mini Truck

· Transformer

· Air Conditioner

· Furniture and Fixture

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.56.02
UK Pound	1	Rs.86.78
Euro	1	Rs.68.83

INFORMATION DETAILS

Information Gathered by :	PJA
Report Prepared by :	BSN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		27

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	-

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.