MIRA INFORM REPORT

 

 

Report Date :

06.06.2012

 

IDENTIFICATION DETAILS

 

Name :

CHILD RIGHTS AND YOU (w.e.f. 01.04.2006)

 

 

Formerly Known As :

CHILD RELIEF AND YOU

 

 

Registered Office :

189/A Anand Estate, Sane Guruji Marg, Mumbai - 400 011, Maharashtra, India

 

 

Country :

India

 

 

Year of Establishment :

1979

 

 

Legal Form :

Non-Government Organisation 

 

 

Line of Business :

To uplift thousands of Indian children who denied basic children’s rights 

 

 

No. of Employees :

Information declined by the management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is a non-government organisation.

 

It is a well established and reputed organisation mainly run for basic children rights of all categories of children who could be street children, children bonded in labor, children of commercial sex workers, physically and mentally challenged children and children  in juvenile, or even children in privileged homes. Business is active. Payments are reported usually correct and as per commitment.

 

The organization can be considered normal 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.

 

 

INFORMATION DECLINED BY

 

Name :

Mr. Anup A

Designation :

Finance Department

Date :

04.06.2012

 

 

LOCATIONS

 

Registered Office :

189/A Anand Estate, Sane Guruji Marg, Mumbai - 400 011, Maharashtra, India

Tel. No. :

91-22- 23096845/ 6472/ 23063651

Fax No.:

91-22-2308 0726

E-Mail :

cryinfo.mum@crymail.org

Website :

http://www.cry.org

 

 

Global Operations / Branch Office 1 :

632, 2nd floor, Lane No.3, Westend Marg, Saiyad-ul-Ajaib, New Delhi – 110 030, India

Tel. No.:

91-11-30174700

Fax No.:

91-11-30174777

E-Mail :

cryinfo.del@crymail.org

 

 

Representative Office :

c/o Tata Business Support Services Limited, 1st Floor, Gowra Trinity, Chiran Fort Lane, Begumpet Hyderabad – 500 016, Andhra Pradesh, India

Mobile No.:

91-9948097127 (Ms. Sravanthi Mocherla)

 

 

Branch Office 2 :

Madhavi Mansion, 12/3-1, Bachammal Road, Cox Town, Bangalore – 560 005, Karnataka, India

Tel. No.:

91-80-2548 4952 / 8574

Fax No.:

91-80-2548 7355

E-Mail :

cryinfo.blr@crymail.org

 

 

Branch Office 3 :

No.11, 16th Avenue, Harrington Road, Chennai- 600 031, Tamilnadu, India

Tel. No.:

91-44-2836 5545 / 5546

Fax No.:

91-44-2836 5548 

E-Mail :

cryinfo.mds@crymail.org

 

 

Branch Office 4 :

152, Kalikapur, Gitanjali Park, New No. 8, 2nd Street, Kolkata – 700 099, West Bengal, India

Tel. No.:

91-33-3350 0200, 91-33-2416 9507 / 2772 

Fax No.:

91-33- 2416 3322

E-Mail :

cryinfo.cal@crymail.org

 

 

MANAGEMENT

 

Name :

Ms. Puja Marwaha

Designation :

Chief Executive

Brief Details:

A post graduate diploma holder in Human Resources from XISS - Ranchi, Puja joined CRY in 1994 to set up the HR function. Prior to that, she worked with Citicorp and KSIL in the Human Resources division of these organizations. Puja headed CRY's Human Resources Development and Administration division till 2002 and thereafter moved to head the Western Region as Regional Director, headquartered in Mumbai. 

She was appointed Chief Executive of Child Rights and You in February 2010.

 

 

Name :

Mr. Dipankar Majumdar

Designation :

Director - Development Support and Youth

Brief Details:

Dipankar is a Commerce graduate. He joined CRY in 1992 and consolidated the operations of CRY Kolkata, almost since its opening operations. Prior to joining CRY he worked with Lutheran World Service, for six years, both at the field level and Headquarter function. During his years in CRY, he initially worked as the Head of the Eastern Region Development Support Unit and later moved into the Development Support HO team, right since its inception, and has been instrumental in shaping up the Sanctions and Systems functions. Dipankar has taken on the responsibility of Director - Development Support and Youth from Jan 2009. 

 

 

Name :

Ms. Kreeanne Rabadi

Designation :

Director - Western Region

Brief Details:

A post graduate diploma holder in Early Childhood Care and Education (ECCE) from Sophia College Polytechnic, Kreeanne Rabadi joined CRY- Child Rights and You in 2000 to lead the Resource Generation team in the Western region. Prior to that, she worked with ORG-MARG for more than 6 years, in the field of qualitative and quantitative market research.

 

Kreeanne spent five years with CRY in India, during which she made an invaluable contribution by enabling her team to consistently exceed its revenue targets. In 2005 she was assigned the challenge of setting up the marketing function for CRY America for which she moved to the US.

 

Early this year, Kreeanne returned to India to head the Western Region as Director, headquartered in Mumbai.

 

With a belief that each one of us can make a difference in a child's life, Kreeanne constantly endeavors to amplify the efforts to ensure education, health, protection and most importantly equality for every child in their country.

 

 

Name :

Ms. Regina Thomas

Designation :

Director - Southern Region

Brief Details:

Regina is an Arts graduate with a diploma in Mass Communication. She started the CRY Bangalore office in 1986. Operating out of her residence in the initial years, the Bangalore office today is a full-fledged branch. Before joining CRY, Regina worked in English Electric and Sita Travels. Today, she heads CRY's Southern Region, post the merger of its Bangalore and Chennai branches.

 

 

Name :

Mr. Sridhar Guduthur

Designation :

Director - Finance, IT and Planning

Brief Details:

A Chartered Accountant with over 25 years of experience across industries, Sridhar joined CRY as General Manager - Finance in 2006. Before joining CRY, he worked with the Centre for Good Governance (a Government of Andhra Pradesh and DFID, UK initiative).

 

In 2008, while moving on to work with Tata Capital Limited he continued to manage the finance function on deputation at CRY. In 2010, he returned to CRY in the role of Director - Finance with added responsibilities of the Information Technology and Planning functions.

 

 

Name :

Ms. Yogita Verma

Designation :

Director - Resource Mobilisation

Brief Details:

Yogita has a PGDM from the Indian Institute of Management, Calcutta. She joined CRY in 2003 as General Manager Communications. Prior to CRY Yogita spent several years in the corporate sector as a Marketing professional in companies like Nestle India Limited and Hindustan Times Media Limited Today Yogita heads the Resource Mobilisation and Volunteer Action functions at CRY.

 

 

Name :

Mr. Atin Das

Designation :

Director - Eastern Region

Brief Details:

Atin Das, a graduate in commerce, joined CRY Kolkata in 1992, almost since the initiation of its operation in the Eastern Region. He joined as a member of the then MARC function which is known today as the Development Support Unit in CRY. With a background of 13 years of grass root experiences and the learning of being in the central unit functions in his earlier organization, Lutheran World Services India, Atin was soon given charge of heading Development Support for CRY in the Eastern Region. The unit has grown and achieved many milestones under his efficient leadership and passion towards the cause of children. During his tenure, he was also given the responsibility to head the Development Support Unit in North to streamline operations over a short period. Atin has taken-up the position of Director - Eastern Region in January 2011.

 

 

Name :

Ms. Vijaylakshmi Arora

Designation :

Director - Policy and Research

Brief Details:

Vijaylakshmi has 20 years of rich experience in the field of child protection. Prior to joining CRY as Director, Policy and Research in July 2011, she has worked with a number of Indian and international NGOs including UNICEF, Concerned for Working Children, Save the Children US and Oxfam GB, she has also played key roles at academic institutions like the National Law School University of India and the Government of India. She has worked on issues concerning child labour, cross-border trafficking of children for commercial sexual exploitation and Juvenile Justice.

 

 

TRUSTEES

 

Name :

Mr. Ratan J. Batliboi

Designation :

Board Chair and Hon. Trustee, Mumbai

Brief Details:

Rippan's junior in school, Ratan has had a long association with him till in 1991, Ratan joined CRY as a trustee. Ever since, he has been like a steady rock for CRY - to lean on in times of crisis and always available. He also has an unshakeable faith in CRY and its people, which can be highly motivating to people working with CRY. Ratan goes by his instincts when deciding what will work and what will not, and he is almost always right. In addition, he approaches every decision from the angle of whether it fits in with CRY's values. He can be relied upon for deciding on the 'right' thing to do. He is one of the leading architects of Mumbai, and heads the prestigious firm of Ratan J Batliboi - Architects. In terms of professional support to CRY, any work related to design, architecture, interiors, etc., has been CRY's for the asking.

 

 

Name :

Ms. Rajni Bakshi

Designation :

Trustee, Mumbai

Brief Details:

Rajni is a prolific writer, speaker and organiser currently working on a book, titled 'Market: From Master to Servant', which challenges the neoliberal world view without falling for extreme alternatives. She has previously published four books, notably Bapu Kuti on Gandhian experiments today, and articles in leading journals in India and abroad. Her scholarship has been recognised by prestigious Fellowships from the Tata Trusts and others. Rajni Bakshi has also been invited as a speaker on platforms ranging from Bhutan through Delhi, and Mumbai. As an activist, Rajni has worked on many of the issues of their times including poverty, the environment, communalism, women's and Dalit rights and globalisation; where necessary, this activism has gone beyond writing and debating to demonstrating in the streets and raising funds for immediate and long term action. Gandhian influences are displayed in Rajni's preference for dialogue and synthesis in the face of opposition. Widely traveled, Rajni maintains a vast and disparate range of friendships reflecting her wide interests and education in Jamaica, Delhi, Washington DC and Jaipur. She is in touch with some of the leading, and most celebrated, thinkers around the world. In spite of which Rajni enjoys nothing more than charming, and being charmed by, children of all ages, classes and achievements.

 

 

Name :

Mr. Praveen P Kadle

Designation :

Trustee, Hon. Treasurer, Mumbai

Brief Details:

A highly respected Finance professional, Praveen brings to CRY 13 years of experience in this area and is also CRY's Treasurer since February 2005. He is the Managing Director of Tata Capital Limited, the finance arm of the Tata Group of Companies in India. He was earlier Executive Director (Finance and Corporate Affairs) of Tata Motors with responsibilities for finance and the corporate functions of the Tata Group of companies. In 2002 and 2004 respectively, he has been conferred with the "CFO of the year 2002, for excellence in Cost Optimisation" and "CFO of the year 2004" by the IMA. He is on the board of various Tata companies, including joint ventures with Cummins of USA, Holset of UK and Hitachi of Japan; along with being a member of the Western India Regional Council of CII and the Chairman of the Banking and Finance Committee of the Bombay Chamber of Commerce and Industry (BCCI). He is also CRY's Treasurer since February 2005.

 

 

Name :

Ms. Mahnaz Curmally

Designation :

Trustee, Mumbai

Brief Details:

A skilled writer with acknowledged strategy and consulting skills, communication experience of over 30 years that extends across specialist PR practices including expertise in opinion mobilization, advocacy strategy, messaging strategy, media management, crisis and issue management and healthcare communication, Mahnaz joined CRY as a trustee in February 2005. Starting her career with J Walter Thompson as a copywriter, she excelled in the writing of award winning corporate communications campaigns and moved on to account management. She switched to Public Relations just as this industry was ready for take off by joining Good Relations India, one of the first independent PR firms to be set up in India. She joined Ogilvy and Mather in 1993 and her ten-year period there saw the Ogilvy Public Relations, India rise from a loss making operation to a thriving industry pace setter. She won the Global Chairman's Lifetime Achievement Award in 2000, in recognition of her contribution to the growth of the Ogilvy PR network in India. Currently she is a part time Senior Consultant Brand Communications for sanofi- aventis and honorary communications consultant to the Aga Khan Development Network in India.

 

 

Name :

Prof S Parasuraman

Designation :

Trustee, Mumbai

Brief Details:

Prof Parasuraman has long been in the field of Social Sciences and is currently the Director of the Tata Institute of Social Sciences (TISS) in Mumbai. He is a seasoned writer with many books to his credit, namely, 'Listening to People Living in Poverty' and 'The Development Dilemma: Displacement in India'. He has also written over 50 research articles; many of them published in journals at the national and international level. Prof Parasuraman has previously worked with Action Aid and Oxfam GB.

 

 

Name :

Ms. Pervin Varma

Designation :

trustee, Mumbai

Brief Details:

Pervin brought her ample communication expertise and special leadership skills to the fore, when she left a career in advertising (in account management at Lintas India, now Lowe Advertising) in 1990 to join CRY. Starting out in the communication team as an executive and later going on to head the function, she was instrumental in leading the organisation's efforts to refocus on vision and mission, both internally and externally. During this time, she was also a member of the management committee, and acted as a primary force in institutionalising Rippan's vision in CRY and in sustaining the passion. 

 

Her leadership style, as is CRY's, was evident with her appointment as CEO in May 1998, based on the belief that the vision, mission, convictions and ethos of the organisation needs to be collectively shaped, shared and owned in order to ensure that these are institutionalised. Up until 2004, when she relinquished the post, she provided the space and opportunity for people to define and implement strategies within the overall organisational framework. 

 

Currently she works as a consultant in the development sector and rejoins as a member of CRY board of trustees, January 2008.

 

 

KEY EXECUTIVES

 

Name :

Mr. Anup A

Designation :

Finance Department

 

 

LOCAL AGENCY FURTHER INFORMATION

 

AS PER WEBSITE DETAILS:

 

ORIGIN AND FOUNDER

 

Rippan Kapur, the airline purser who founded CRY, was an ordinary person driven by an extraordinary dream - the dream that no Indian child would be deprived of rights as basic as survival, participation, protection and development.

 

Like all of us, Rippan got upset to see the disparities that exist between privileged and underprivileged children. He hated to see children begging and working as servants. Unlike most of them, though, he did something about it. In his case, the action started young.

 

He joined his school's social service club and read to the blind, visited children in hospitals, held reading and writing classes for street children, and started a free dispensary at a slum the Club adopted. To raise funds for these activities, the Club sold milk. It even won a shield for the best Interact club!

 

These qualities of resourcefulness and determination were to come in handy when Rippan and 6 of his friends started CRY with Rs. 50/- around Rippan's mother's dining table. That was 29 years ago, in 1979. They felt that something needed to be done to improve the situation of the underprivileged Indian child.

 

Uncharacteristically, given their backgrounds and motivations, they chose not to found a grassroots-level implementing organisation working directly with and for underprivileged children. They opted instead to make CRY a link between the millions of Indians who could provide resources and thousands of dedicated people and organisations at the grassroots-level who are struggling to function for lack of them. This "link" or enabling position has determined CRY's strategic choices at every juncture - from the fundraising methods it employs, to the nature of its relationship with the NGOs it partners.

 

All through the early, difficult years, it was Rippan's passion and conviction that drove CRY. He was firmly convinced that each of them can, in their own small way, be agents of change, and when enough of them are moved to this, the impact is a lasting change for the better. All he asked of people was that they help CRY by doing what they were good at. As he put it, "What I can do, I must do."

 

Rippan died in 1994, at 40. CRY continues to grow.

 

Rippan's Interview - Excerpts from Rippan's last interview (1994), in which he discussed CRY, its past and its future with Shivani Maheshwari.

 

MILESTONES

 

1979

·         Rippan Kapur and six friends raise Rs. 50/- and register CRY as an Indian Charitable Trust.

·         "Buy a Brick, Build a School", CRY's first event, sensitises privileged school children, even as it raises funds for underprivileged children.

·         Rs. 0.114 Millions is raised for Shilpalaya Technical Institute, which focuses on vocational training and foster care.

 

1980

·         Cards Division starts operations. Sells 30,000 CRY Greeting Cards, based on two designs by Sanat Surti, a well-known artist and illustrator.

 

1981

·         Nirmala is hired as CRY's first employee and works from Rippan's mother's dining table which was the "office."

·         Access to free and quality education becomes CRY's main focus in its partnership with projects.

·         Parisar Asha, CRY's first long-term education project, takes off. Its emphasis is on environmental education.

·         Three clowns from London stage a traveling fund-raising show, Circus Magic, entertaining poor children through workshops, while raising funds.

 

1982

·         Amita Kapur starts CRY's Delhi office in her house.

·         Mumbai (then Bombay) office moves to Rippan's new house.

 

1983

·         Mumbai (then Bombay) office moves out of Rippan's house, to Akash Ganga donated by the Society's Trust to CRY, free of cost.

·         Card production stops because of new Income Tax Laws prohibiting trusts from running business activities.

·         Children's Day with M F Hussain sees the celebrated artist painting in the company of 1,000 children. It is CRY's third fund-raising event.

·         Focus widens to include education, health and family planning.

 

1984

·         Income tax laws change and production of CRY cards resumes. 

·         Education Sponsorship Scheme is introduced. For just Rs. 10, any concerned individual can now get involved in CRY's work. 

 

1985

·         The first CRY desk calendar is launched, with contemporary Indian art as the theme - Indian artists contribute their works towards it. 

·         The first CRY audio-visual is screened at associations and schools. 

·         CRY's first involvement with mothers (CRY believes that mothers must be empowered to bring up their children as responsible human beings).

 

1986

·         Regina Thomas starts Bangalore office in her home. CRY starts funding 3 projects in Bangalore. 

·         Contemporary tantric paintings form the theme of CRY's first wall calendar. 

·         The Mumbai (then Bombay) office moves to a room in the house of Sylla Vatcha, a steadfast CRY friend.

·         School-to-School Programme is introduced to sensitise affluent children to the needs of the less fortunate. One boy sends his earnings, made from teaching origami, to CRY.

 

1987

·         They take their first steps to corporatisation by setting up a corpus. It is a major step for an organisation that started with Rs. 50. 

·         Corporate contribution scheme is introduced so that companies can make donations to CRY's Corpus. 

·         Vanita Malhotra starts Chennai (then Madras) branch at her house. 

·         Malini starts Kolkata (then Calcutta) branch at her residence. 

·         Bombay office moves to the Sreenivas Mills godown in Lower Parel. 

·         "Art for CRY" - the idea to hold an exhibition and sale of art begins to take form. The artist community responds overwhelmingly.

 

1988

·         "Art for CRY" launched and creates a national impact. 144 artists donate 180 pieces of work. Companies, both big and small, sponsor advertisements in publications. The Tata Group underwrites the expenses.This event marks CRY's 10th anniversary. Travels to Mumbai (then Bombay), Delhi, Kolkata (then Calcutta) and Bangalore. 

·         Sreenivas Mills' godown closes down. The Mumbai (then Bombay) office returns to Sylla Vatcha's garage.

 

1989

 

·         Project Support Unit expands to Multi Assistance Resource Centre (MARC), going beyond funding to non-financial support. 

·         Focus broadens to encompass community development. 

·         Ford Foundation agrees to cover the cost of salaries for 3 years. 

·         Planning and budgeting are introduced with quarterly reviews.

·         Computerisation gets underway. 

·         CRY in Action, their newsletter, is launched. 

·         The search begins, for a permanent office in Mumbai (then Bombay). 

·         Bangalore office moves to Cox Town.   

 

1990

·         Mumbai (then Bombay) office acquires a permanent home at Mahalaxmi. 

·         Expansion of product range begins. CRY cards are available in cities with CRY offices. 

·         The first training workshop is conducted for teachers of CRY-supported projects in Maharashtra. 

·         The first export order comes in from Gallerie Lafayette, Paris, the biggest department store chain in France. 

·         Delhi office moves to DDA Slum Wing in Kotla Mubarakpur. 

·         The Youth Wing, another division is launched to tap the potential of young Indians.  

 

1991

·         Materials Bank is set up at the Delhi office to collect contributions in kind for project requirements. 

·         Donation boxes are introduced for fundraising.   

 

1992

·         Bal Dhamaal Schools Awareness Programme is held in 120 schools in Bombay. A photography workshop is conducted for 40 slum children. 

·         Pandit Shiv Kumar Sharma and Ustad Zakir Hussein perform for CRY in Chennai (then Madras).   

 

1993

·         Riots in Mumbai (then Bombay). CRY participates in riot relief. 

·         "Bal Sawaal", a travelling festival of hope, is held in Mumbai (then Bombay) over three weekends. Thirty prominent music and dance artists participate. Activities for children include painting a BEST bus. The Tata Group sponsors the event. 

·         Direct Mail Cell starts operations in Delhi with support from NORAD and the Stromme Memorial Foundation, Norway. 

·         "Childwatch", their first media awareness project, is launched at a national level. 

·         CRY Happy Childhood Series of children's products is launched for privileged children. A range of products is developed for underprivileged children. 

·         Fellowship Programme launched in Bangalore, with five new fellows. 

·         Scope of activities broadens to include underprivileged disabled children and disaster victims.

 

1994

·         Rippan Kapur, CRY's Founder, passes away on April 10. 

·         13 more Fellows are taken on under the CRY Rippan Kapur Fellowship Programme. 

·         The first exclusive range of cards, made of 100% recyclable eco-friendly paper, is launched. 

·         Synergos Foundation, USA, selects CRY as one of eight organisations worldwide to be part of a case study project on successful foundation building. 

·         "Art for CRY" is staged again to commemorate CRY's 15th anniversary and also to pay tribute to Rippan Kapur. An exhibition of child art from CRY-supported projects is a special feature. 

·         "Remembering Rippan," the book and film, are launched as tributes to Rippan Kapur. 

·         Human Resources division kicks off. 

·         Central Government awards CRY 100% tax deductable status.

 

1995

·         Outreach programme extends to Gujarat, M.P. and Kerala, and to include issues like child sexual abuse and child prostitution. 

·         Year long evaluation of the Programme Support (then MARC) division commences. Five aspects are examined: the child and community; project partners and fellows; the national scenario; CRY's Programme Support Division; CRY's role, policies and system. 

·         Six CRY commercials, produced gratis by Whitelight Moving Picture Co., are aired on satellite channels. Responses pour in from all over Asia. 

·         The Free-a-Child Movement is launched. People participate by signing a pledge to fight for children's rights and by sharing their resources.

 

1996

·         Direct intervention in the Melghat region of Maharashtra where severe malnutrition resulted in widespread deaths of children. Two CRY partners in the region extend their scope of work to include the severely affected areas. CRY coordinates the work at the field level and provides financial support. 

·         The International Cell, based in Delhi, kicks off. It objective - to motivate non-resident Indians (NRIs) to take action for underprivileged Indian children. 

·         A website (http://www.cry.org/) is developed and hosted by volunteers, giving CRY an online presence. E-mail a Card is an instant hit. 

·         On January 28, CRY Day, Balaji (a CRY Chennai employee) and Vasu (who works with Air India) start a two-month long journey across India to create awareness about the plight of India's vulnerable children. They cycle through several states, finally reaching New Delhi. 

·         Bol Jamoore, a National Street Theatre Festival organised by CRY, sees 23 street theatre groups from all over India stage plays on corruption, child labour, and the girl child.

 

1997

·         Pratham, a Mumbai-based NGO, launches the "Voice of India - Say Yes to Education" campaign to propose a constitutional amendment guarantying free and compulsory education to all citizens between the age of six and fourteen by the State. CRY supports the campaign. 

·         CRY supports Voice of Partners, a representation of NGOs, social activists, academicians, lawyers, journalists and the All India Trade Union Congress, working towards holistically addressing the problems faced by child labourers in Eastern Uttar Pradesh. 

·         The Policy and Research Cell of CRY starts up to handle policy analysis, research, documentation and government interface. 

·         CRY and Naujawan-E-Hind, a street theatre group in Mumbai, jointly organise Bol Jamoore, a street theatre festival in Mumbai and Bangalore, to use street theatre to highlight crucial social issues. 

·         Yuvak Biradiri, an NGO working with youth-related issues, organises the Azad Bharat Rail Yatra, a train journey that takes children, both privileged and underprivileged, through 22 destinations across India. The objective is to help youth envisage what the next 25 years will bring for India and their role in shaping events. 

·         Ford Foundation gives CRY an endowment grant of Rs 10.000 Millions, the interest to be used towards the operating costs of the non-profit divisions. 

·         The Sir Ratan Tata Trust contributes Rs. 10.000 Millions to CRY's corpus.

 

1998

·         CRY joins The National Alliance for Education, a strategic alliance to ensure accessibility of quality education for all children. 

·         Storm Smith and Rory Jeffes fly two Microlight aircraft from Bangalore to the famous Farnborough Airshow in London in a span of 28 days, raising Rs.7.500 Millions for underprivileged Indian children and forming the "Titan-CRY Education Fund".

·         The Citibank-CRY Affinity credit card is launched on November 14th, Children's Day. 

·         Pervin Varma appointed Director of CRY. Pervin was one of the first members of the Management Committee that ensured CRY's work continued after Rippan's death. 

·         Release of The Indian Child book. It is a compilation of articles, facts, figures and help lines for children, with a focus on child rights and the status of children in India. 

·         FACT '98 (Free-a-child today), CRY's first corporate quiz, is organised by CRY's Bangalore volunteer group, Friends of CRY. The quiz raises funds for the education and health care of 100 children for a year. And goes on to become an annual event.

 

1999

·         The Orissa cyclone creates havoc and hardship. Although disaster relief is not CRY's core area of expertise, an emergency initiative is taken to rehabilitate the eight CRY projects devastated by the cyclone. 

·         As part of its efforts to mobilise public opinion for child rights, CRY initiates the debate for development of a draft adoption bill in co-operation with Coordination Agency for the Regulation of Adoption (CARA). 

·         Implementation of a three-way partnership between the Ministry of Social Justice and Empowerment, a corporate partner and an NGO in two of Delhi's juvenile homes. 

·         FACT '99 (Free-a-child today), the inter-corporate quiz, extended to New Delhi. 

 

2000

·         Accounting period changed from April-March to July-June, thus giving CRY the space to review and plan its committments for the following year

·         National Alliance for the Fundamental Right to Education (NAFRE) founded by CRY, Pratham, the National Foundation of India, the National Law School of India, UNICEF, the Aga Khan Foundation and Save the Children Foundation (UK). The alliance advocates free and compulsory education up to the high school level. 

·         FACT 2000 (Free-a-child today) held in Mumbai for the first time. CRY Delhi also organises a FACT (Free-a-child today) inter-school quiz. 

 

2001

·         A strategic partnership, with Archies Greetings and Gifts, to outsource manufacture and retailing of CRY products, augments CRY's reach and market share. 

·         Resource mobilisation operations in Kolkata and Chennai are consolidated in Delhi and Bangalore respectively. 

·         Voluntary Retirement Scheme sees employee strength going down by almost a third. 

·         CRY-supported projects in Gujarat provide relief and rehabilitation support to those affected by the devastating earthquake of January 26. 

·         FACT 2001 (Free-a-child today), continues to raise resources for CRY-supported initiatives even as it creates awareness about the situation of underprivileged children in India. The event is extended to Kolkata. 

 

2002

·         The Social Justice and Empowerment Ministry adopted CRY's Activity Centre model for disaster relief in Gujarat after the earthquake. 

·         CRY participates in the UN General Assembly's Special Session for Children. 

·         CRY's Website (http://www.cry.org/) is revamped and re-engineered to be more user-friendly and interactive. Online payment gateway was introduced thus enabling any individual across the globe to contribute to click with a click of the mouse 

·         Face-to face marketing is introduced as a new channel for CRY to reach out to individuals. This helps reduce the cost of raising funds from first time donors. 

·         FACT 2002 (Free-a-child today), held in 5 cities, raises more than Rs.1.400 Millions for CRY. 

·         The Citibank relationship was expanded. Under Citibank's Citi Junior Account programme, CRY gets a contribution each time a Citibank customer opens an account for their child. 

 

2003

·         A ghazal concert with Padma Bhusan Sri Jagjit Singh, held in Mumbai raising approximately Rs.0.250 Millions. 

·         The 3rd CRY Cadence Corporate Cricket Challenge held in Delhi with 24 corporate teams competing against each other raising Rs. 2.025 Millions for CRY. 

·         FACT 2003 (Free-A-Child Today) goes National with Maruti Suzuki as the lifetime sponsor and renowned Quiz master Derek O'Brien conducting the quiz. Regional winners from the 5 metros, meet at the national finals in Delhi.  

·         CRY-Child Relief and You America Inc. launched in September 2003. CRY America is the sole representative of the CRY brand and license in USA 

·         CRY launched a site for children called CRYBuddies, to make children aware of the millions of children who are just like them with hopes and aspirations but do not have the opportunity to realize their dreams. CRY hopes that CRYBuddies will help children be more conscious of their environment so that they grow up to be socially responsible and most importantly, to care. 

 

2004

·         CRY celebrates its 25th year on 26.1.2004.

·         On this occasion CRY initiates a citizen's movement to restore the rights of children. Starting with the launch of an Election Advocacy Campaign to create awareness on child rights. A Children's Manifesto was developed and CRY met with various political parties to ensure it was included in their party manifestos. Apart from physically reaching out to people, a micro-website was also launched to get people to participate in ensuring the children's manifesto is given priority.

·         CRY introduces its symbol, the pinwheel called the 'Free-a-Child Chakri', to represent freedom for India's children.  

·         To commemorate CRY's silver jubilee year, Ace Jewels India brings out pinwheel jewelry - earrings and a pendant. A percentage of the sale will be contributed to CRY.  

·         CRY is invited to present at the House of Lords, London. A presentation titled "The Impact of Globalisation on Child Rights in India". This unique opportunity was facilitated for CRY by Lord Dholakia. 

·         The 4th CRY Cadence Corporate Cricket Challenge held in Delhi and Chandigarh along with a community-giving scheme by Cadence Design Systems called "Spirit of Stars and Strikes" raising nearly Rs. 4.000 Millions for CRY. 

·         "Baal Taal", a concert in aid of CRY by Ustad Zakir Hussain accompanied by Fazal Qureshi, brothers U. Shrinivas and U. Rajesh on the Mandolin, Kanjira player Selva Ganesh and Ranjit Barot on the drums enthralled audiences in Mumbai, Delhi and Chennai. 

·         FACT 2004 (Free-a-child today), the annual corporate quiz organized by CRY continues with teams participating across 6 cities in India. The event is extended to Hyderabad.

 

2005

·         Like the rest of the world, CRY's NGO partners and the communities in Tamil Nadu and Andhra Pradesh felt the worst impact of the tsunami and its after-effects. CRY's Tsunami Relief and Rehabilitation Programme reached out to 2000 children in tsunami affected areas, ensuring them their right to a childhood.

·         Nabadisha - a unique programme for street and slum children, was initiated by Vikramshila Education Resource Society in partnership with CRY and the Kolkata Police. It brought children residing in crime prone areas in and around Kolkata into the societal mainstream by giving them the opportunity for quality education.

·         CRY spread the message of Child Rights to almost 42 million homes in India on 26th January, 2005, Republic Day, through a seven hour 'CRY Telethon' on Sony TV. It was India's first ever, interactive social responsibility show wherein celebrities and personalities from different fields appealed to audiences to contribute time or money towards changing children's lives. 

·         "Mera Bhi To Adhikaar Hai" of the music album 'Ashawali Dhoop' was composed by Aadesh Shrivastava, lyrics by Javed Aktar and sung by leading singers of the industry along with their children. Free Spirit Entertainment also generated funds and widespread awareness on the situation of children and their rights.

·         CRY-Titan Industries Ltd. initiated an 'About Time' campaign by developing 2 watch designs for gents and ladies with the Free A Chakri, pinwheel while  Ace Jewels partnered CRY by designing an unique pendant and earring set inspired by the same unit. Archies partnered CRY in developing silicon CRY Wrist Bands with text on it -"I must, so they can". Proceeds from the sale of these products were contributed to CRY.  

·         The Youth team made a shift in its focus. Their aim is to institutionalize child rights and spread awareness on "all children are equal and have equal rights".

·         CRY's Volunteer Action division piloted the Citizen's Action Groups (CAG) a community movement for children to ensure that all children in the neighborhood enjoy their basic right to childhood in 4 cities - Mumbai, Delhi, Kolkata and Chennai. 

·         Free-A-Child Today(FACT 2005) their annual inter-corporate quiz, was held successfully for the 7th year in seven cities - Kolkatta, Delhi, Chennai, Bangalore, Hydereabad, Mumbai and Pune and culminated in the national finals in Delhi on October 28, 2005.

·         National Consultation on "Justice for Children" was held on November 13-15, 2005 at Jamia Hamdard University, New Delhi. This consultation was an attempt at engaging with different segments of society - NGOs, activists, political leaders, academics, judiciary, media, health professionals and the corporate sector, towards jointly ensuring a more just world for Indian children.

·         The torrential rains and floods that hit Maharashtra on July 26 saw CRY coordinate its efforts with its NGO partners, like-minded organisations and the state and Brihanmumbai Municipal Corporation (BMC).  This ensured that over 38,500 families received their share of free rations announced by the state and more critically, without investing a single rupee in direct relief or State Relief support, CRY was able to channelise Rs. 11.500 Millions to the flood affected families of Mumbai.

·         Procter and Gamble - CRY partnership called "Project Shiksha - education as a right of every child", was promoted through celebrity endorsements, national and regional TV media.0.50 ps on the sale of every large pack of Tide, Ariel, Vicks, Pantene, Head and Shoulders, Rejoice and Pampers for 3 months was donated to CRY, making a total of Rs.12.600 Millions which will be utilized towards 10 CRY initiatives across the country.

 

2006

·         CRY is now CHILD RIGHTS and YOU.

·         Through a 'Sansad Gherao Abhiyan' (protest at the parliament), people mobilized by CRY present a charter of demands, seeking pro-child rights changes in State Policies, to the government.

·         AT the UNCRC, Geneva CRY participates in 'the general discussion on Children without Parental Care'. These insights were incorporated in a paper submitted to the commission.

·         The Campaign for Equity and Equality in Tsunami Rehabilitation (CEETR) was launched in 13 districts of Tamil Nadu.

·         CRY launches the first National Child Rights Research Fellowship to encourage Indian people wanting to explore in some depth the question of "what is in the best interest of children". The fellowship has attracted over 325applicants, may belonging to the marginalized communities CRY works to empower.

2007

·         CEETR embarked on a 'Padayatra' (rally on foot) to bring to the forefront the issue of the affected communities. Over 43 days, moving from village to village along the coast from Kanyakumari to Chennai, the 'Padayatra' mobilized more than 10,000 people to participate in the meetings to protest the unjust rehabilitation programmes and non-responsive bureaucracy.

·         'A Poem for CRY' is launched with support from various celebrities and noted personalities who contributed their favourite poem to be published in the book. Printed by Penguin India, the book was the brain child of Avanti Maluste and Sudeep Doshi.

·         'Race for CRY', a virtual marathon is launched on the internet for 3 months to create awareness on Child Rights and raise resources for CRY. A web-based game it attracted over 5000 participants who either played the game or referred it to their friends.

·         Volunteer Action makes a shift in its approach by deciding to engage volunteers in activities that help both, them and the public at large, in understanding the root causes of social issues. This moved away from the previous approach of involving volunteers mainly in fundraising efforts.

 

2008

·         CRY partners NAFRE Jan Andolan in the Jan Haq Yatra - traversing 210,000 km over 2 months, amplifying the Voice of the 15 lakh People across 16 states demanding change at the grassroots.

·         CRY wins in the Large NGO category at Indian NGO awards 2007 after a thorough process of evaluation, field visits and multilevel audits.

·         Child Rights and You UK Limited is formally registered in the UK

·         CRYBuddies (http://www.crybuddies.cry.org/), a virtual space for children to listen, talk and interact is launched.

 

2009

·         CRY launches a signature campaign to demand changes for equal and quality education for all children in India. 'Sabko Shiksha, Samaan Shiksha' reaches out to local communities across urban and rural India as well as people overseas to gather more than 7.7 lakh signatures. The charter of demands along with the signatures is submitted to the Honourable President of India, Pratibha Patil.

·         P and G makes the largest ever corporate grant of Rs. 30.000 Millions to them under Project Shiksha

·         Volunteer Action strengthens its partnership with the public through its 'Public Action Groups', 'College Collectives' and 'Networks' of professionals. Campaigns on the Right to Education, for the Rights of Tea garden workers and their children and against Child Labour were carried forward by volunteers in various cities across India.

·          The CRY Shop is rebranded as CRY World - a space to see, know and do what's right for India's children, especially the marginalised

 

GOVERNANCE

 

In a nation of the size and diversity of India, inequities are deeply rooted in centuries-old fissures of gender, caste, class, ethnicity and religion. Political careers and electoral success and policy too often becomes a patchwork of 'schemes' aimed at appeasing specific interest groups. Similarly, the contribution of private philanthropy will be insufficient to ensure that the benefits of India's increasing prosperity are equitably distributed. Only a new model of governance, CRY believes, where priorities are determined by empowered communities, will be able to do this.

 

Governance is here to stay! And it will take nothing less than the active citizenship of Indians from all walks of life to implement it. Enlisting advocates for child rights in particular and social justice in general, from among the educated, professional and business classes and from among India's increasingly influential global diaspora will be particularly critical.

 

Today, 21st century NGOs adopt best practice in governance as a part of their strategy. At CRY, governance encompasses the non-negotiable values of accountability, transparency and partnership. They follow this approach with each individual or group that they partner including vendors and third party suppliers.

 

With CRY's development partners

 

·         Selection criteria based on long-term strategy and values

·         Selection norms and process designed for transparency

·         Multi-layered, participative, documented and audited grant sanctioning system

·         Data-driven, participative planning, monitoring and evaluation

·         Exhaustive financial and impact parameters - process and outcome

·         Internal and external audits - financial and programmatic

·         Financial risk management - training and funding support

·         Financial and capacity building inputs for organisation building including leadership building, democratic functioning, performance measurement and internal transparency

·         Proactive transparency to reference communities

·         Walk the talk

 

With donors, media and government across markets

 

·         Comprehensive reporting to donors and the public

·         Proactive transparency

·         Feedback mechanisms

·         Values, ethics screening

·         Norm and best practice bench-marking across for-profit and non-profit sectors

·         Active participation in development of sector norms across sectors

 

With employees and board

 

·         Mission-centric performance planning, evaluation and reward systems

·         Conflict of interest and ethics policies

·         Democratic, participative, transparent decision-making

·         Formal and informal feedback mechanisms and forums

·         Documentation and independent audit

·         Consistent adherence to, and investments in, building mission and values led ethos and culture

 

TEAMS IN CRY

 

Their role is that of an enabler and in so doing, they have been able to not only accomplish numerous milestones but also create an institution that is a unique model of a community movement that takes responsibility for its weakest and most vulnerable members and motivates and catalyses change on their behalf.

 

They work in partnership with individuals and organisations, whom they support financially / non-financially as well as with you, people from all walks of life, who believe in the rights of children. Within CRY too, each function works in unison towards ensuring their vision - equal rights for all children.

 

The functions of Development Support (grant making) and Resource Mobilisation (fundraising) along with the other functions - Communications, Human Resources and Administration, Youth, Volunteer action, Finance, Planning and Information Technology, Policy and Research, Documentation, CRY World - all play a critical role in their organisation building efforts.

 

Press Release:

 

Challenges ahead to implement reservation for marginalized sections in Private schools; Long term solution lies in strengthening state run school education system: CRY

20.04.2012

By Puja Marwaha

 

The provision of 25 percent reservation for economically and socially weaker section in private schools under the RTE Act is an important clause that allows integration of these children with private school system.

 

However this clause should not allow the government to abdicate its responsibility to provide not only free and compulsory but quality education to all the children from 6-14 years of age.

 

More than 80 per cent of the children continue to study in government schools in India whose quality of education has often been a great cause of concern.

 

According to Annual Status Report of Education 2011, quoted by the union government itself in its Annual Economic Survey 2011-12:

·         56 per cent of the schools in India still have no separate toilets for girls

·         28.6 per cent of the schools still do not have libraries

·         60 per cent of the schools still do not comply with the Teachers pupil ratio of 1:30 as stipulated in the RTE Act

·         28 per cent of the schools have no playground

·         16.6 per cent of the schools have no provision for drinking water

·         Around 45 per cent of the schools do not have even their own boundary wall

·         More than half of standard 2 and standard 4 classes sit together with another class.

 

The Centre has already come out with model rules which explain in detail the modus operandi of implementation of provision of 25 per cent reservation for children belonging to economically and socially weaker section in private schools as provided in the RTE Act.

 

According to these model rules, the private schools, "shall ensure that children (from disadvantaged sections) .... shall not be segregated from the other children in the classrooms nor shall their classes be held at places and timings different from the classes held for the other children."

 

These rules further clarify, that the private schools shall ensure that "children admitted in (schools) shall not be discriminated from the rest of the children in any manner pertaining to entitlements and facilities such as text books, uniforms, library and ICT facilities, extra-curricular and sports."

 

However, these are model rules enacted by the Centre but education being a subject in the state list, the challenge is to ensure that all the states come out with effective state rules to implement this provision at the ground level.

 

The resulting guidelines from these Rules should not only ensure integration of children from marginalised sections of society in the private schools but should also ensure their protection from discrimination within these school systems - what mechanisms will be in place to ensure that children from marginalised are not discriminated in any form and their dignity are protected?

 

Mere incorporation of a provision within the Act will not automatically lead to its implementation in a manner that is meaningful and relevant for these children.

 

In fact, the 25% reservation clause is fraught with challenges and raises many questions which need to be answered.

 

Apart from tuition fees, which will be free, children studying in private schools have to pay money for a range of activities and items throughout the year. Who will pay for them? What about mid day meals for these children?

 

What will a child do after 8th Standard? The government will not pay after the child turns 14. In this scenario, the child will either take admission in a Government school or drop out of schooling altogether. Are we ready with a solution for the problem of dropouts? After class 8, will these children pushed out from the private schools? How will they adjust in government schools at this stage?

 

How do we ensure that the children from the marginalised sections who get admission under the reservation system get integrated with other children and do not face any kind of discrimination in classrooms?

 

The private schools, State and the civil society would have to come together, join hands and find viable solutions to all these questions. Otherwise the implementation of the provision for reservation for children would not yield desirable results.

 

So while the government  needs to put a strict and effective monitoring and implementation system in place to implement the 25 per cent reservation in private schools for children from economically and socially weaker sections. In this context it is also necessary to reinforce that the principal responsibility for ensuring universalisation of elementary education lies with the government.

 

Huge gaps visible in implementation of RTE: CRY

30.03.2012

New Delhi

 

Two years after the implementation of Right of Children to Free and Compulsory Education Act, 2009, information and trends gathered by Child Rights and You (CRY) at grassroots level across several states indicate that providing free and compulsory education to all under this legislation continues to remain a big challenge.

 

The Right of Children to Free and Compulsory Education Act, 2009, which is often referred as Right to Education (RTE) Act in common parleys, came into force from 1 April, 2010. The Act provides for free and compulsory education to all children of the age of 6 to 14 years.

 

According to Director (Policy and Advocacy), CRY, Vijaylakshmi Arora "There have been gross violations of several provisions of the Right to Education Act over the last two years. The irony is that several states are yet to put even the monitoring mechanism, stipulated in the RTE Act, in place; so we do not even know the exact extent of violations of the provisions of this Act."

 

So far only 14 States have notified the formation of State Commission for Protection of Child Rights (SCPCR). Apart from these Haryana and Mizoram have constituted the REPA - Right to Education Protection Authority.

 

Section 31 of the Act clearly mentions that SCPCR/REPA as monitoring agencies "would examine and review the safeguards for rights provided under this Act." It also adds that these agencies would, "inquire into complaints relating to child's right to free and compulsory education."

 

In addition to, this according to various case studies done by CRY and its partners in several states over the period of last two years- Children are still denied admission in schools on various grounds despite this Act being in place.

 

There are cases where admission was denied due to not having transfer certificate, birth certificate or local residence proof. In many cases parents had to pay admission fee and were asked to pay monthly fee. No receipt of any kind against paid amount was provided to the parents by the school. There are also cases where children are being denied admission in mid-year or after half yearly school test.

 

Closure of schools is another key issue in this context. Between 1993 to 2011, in states like Kerala, the number of schools on the closure list has gone up to 3962 and the total number of children affected by them is 3, 65,000. Similarly in the state of Gujarat, there is a State Government Resolution and Circular to close the school which has less than 100 students. Its effect will be on more than 3000 schools.

 

Infrastructure also continues to be a major bottleneck in this regard. According to Annual Status Report of Education 2011, quoted by the union government itself in its Annual Economic Survey 2011-12:

·         56 per cent of the schools in India still have no separate toilets for girls

·         28.6 per cent of the schools still do not have libraries

·         60 per cent of the schools still do not comply with the Teachers pupil ratio of 1:30 as stipulated in the RTE Act

·         28 per cent of the schools have no playground

·         16.6 per cent of the schools have no provision for drinking water

·         Around 45 per cent of the schools do not have even their own boundary wall

·         More than half of standard 2 and standard 4 classes sit together with another class.

 

"It is clear that while there is an need to strengthen the delivery mechanisms in the area of school education especially at the grassroots level there is also a need to create greater awareness at community level to implement various provisions of the RTE Act. When the communities will be fully aware of the provisions, they would be able to claim what is due to them under this Act. This would help in effective implementation of this Act not only in letter but also in spirit," said Vijaylakshmi Arora

 


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.55.56

UK Pound

1

Rs.85.52

Euro

1

Rs.69.50

 

 

INFORMATION DETAILS

 

Information Gathered by :

PDT

 

 

Report Prepared by :

BSN


 

 

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.