|
Report Date : |
16.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
BOARD OF CONTROL FOR CRICKET IN INDIA |
|
|
|
|
Registered Office
: |
2nd Floor, Cricket Centre, Wankhede Stadium, D Road, Mumbai
– 400020, Maharashtra |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Year of
Establishment : |
1929 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.10511.891 Millions |
|
|
|
|
Legal Form : |
Association |
|
|
|
|
Line of Business
: |
Governing body for cricket in |
|
|
|
|
No. of Employees
: |
Not Divulged |
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 : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a governing body for cricket in The subject can be considered for dealings at usual trade terms and
conditions. |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
|
A1 |
A1 |
|
|
|
|
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INFORMATION DECLINED BY
|
Name : |
Mr. Mohan |
|
Designation : |
Finance Executive |
|
Contact No.: |
91-22-67598800 |
|
Date : |
15.03.2012 |
LOCATIONS
|
Registered Office : |
2nd Floor, Cricket Centre, Wankhede Stadium, D Road, Mumbai
– 400020, Maharashtra, India |
|
Tel. No.: |
91-22-22898800 |
|
Fax No.: |
91-22-22898801 |
|
E-Mail : |
|
|
Website : |
GOVERNING COUNCIL OF INDIAN PREMIER LEAGUE
|
Name : |
Mr. Rajeev Shukla |
|
Designation : |
Chairman |
|
|
|
|
Name : |
Mr. Arun
Jaitley |
|
|
|
|
Name : |
Mr. M P
Pandove |
|
|
|
|
Name : |
Mr Sanjay
Patel |
|
|
|
|
Name : |
Mr. Amitabh
Choudhary |
|
|
|
|
Name : |
Mr. Anirudh
Chaudhry |
|
|
|
|
Name : |
Dr. Ganga
Raju |
|
|
|
|
Name : |
Mr. Ravi
Shastri |
MEMBERSHIP BOARD OF CONTROL
FOR CRICKET IN INDIA
|
Name : |
Mr. N Srinivasan |
|
Designation : |
President |
|
|
|
|
Name : |
Mr. Sanjay Jagdale |
|
Designation : |
Hony. Secretary |
|
|
|
|
Name : |
Mr. Anurag Thakur |
|
Designation : |
Hony. Jt.
Secretary |
|
|
|
|
Name : |
Mr. Ajay Shirke |
|
Designation : |
Hony. Treasurer |
|
|
|
|
Vice Presidents: |
Mr. Niranjan Shah Mr. Sudhir Dabir Mr. Chitrak Mitra Mr. Arun Jaitley Mr. N Shivlal
Yadav |
KEY EXECUTIVES
|
Name : |
Mr. Dinesh |
|
Designation : |
Admin Manager |
|
|
|
|
Name : |
Mr. Pravin Gupta |
|
Designation : |
Inchange |
|
|
|
|
Name : |
Mr. Mohan |
|
Designation : |
Finance Executive |
STATE ASSOCIATIONS
|
North Zone: |
·
· Service Sports Control Board · Punjab Cricket Association ·
· Haryana Cricket Association · Himanchal Pradesh · All India Universities |
|
|
|
|
South Zone: |
· Tamilnadu Cricket Association · The Karnataka State Cricket Association · The Hydrabad Cricket Association · Kerala Cricket Association · Andhra Cricket Association ·
Goa Cricket Association |
|
|
|
|
East Zone: |
·
The Cricket Association · Tripura Cricket Association · Jharkhand State Cricket Association · Assam Cricket Association · Orissa Cricket Association ·
National Cricket Club |
|
|
|
|
West Zone: |
· Mumbai Cricket Association · Maharashtra Cricket Association · Baroda Cricket Association · Gujarat Cricket Association ·
Saurashtra Cricket Association |
|
|
|
|
Central Zone: |
· U P Cricket Association · M P Cricket Association · Rajashthan Cricket Association · Vidarbha Cricket Association · Railways Sport Promotion Board |
BUSINESS DETAILS
|
Line of Business : |
Governing body for cricket in |
FINANCIAL DATA
[all figures are
in Rupees Millions]
BALANCE SHEET
|
Particulars |
31.03.2011 |
31.03.2010 |
|
|
|
|
|
SOURCES
OF FUNDS |
|
|
|
General Fund |
10511.891 |
7643.116 |
|
Earmarked Funds |
873.656 |
1755.944 |
|
Current
Liabilities & Provisions |
13923.293 |
14458.670 |
|
|
|
|
|
TOTAL |
25308.840 |
23857.730 |
|
|
|
|
|
APPLICATION
OF FUNDS |
|
|
|
Fixed Assets |
|
|
|
Gross Block |
820.261 |
322.919 |
|
Less: Accumulated Depreciation /
Amortisation |
143.037 |
103.191 |
|
Net Block |
677.224 |
219.728 |
|
|
|
|
|
Current Assets,
Loans & Advances |
24631.616 |
23638.002 |
|
|
|
|
|
TOTAL |
25308.840 |
23857.730 |
INCOME
& EXPENDITURE ACCOUNT
|
Particulars |
31.03.2011 |
31.03.2010 |
|
|
|
|
|
INCOME |
|
|
|
Annual Subscription |
0.017 |
0.017 |
|
Amount Transferred from Summary Tour Account |
1941.026 |
1545.373 |
|
Surplus from Indian Premier League |
1187.585 |
0.000 |
|
Surplus from Champions League - T 20 |
482.922 |
392.701 |
|
Income from Grant of Media Rights |
3885.629 |
5750.493 |
|
Minimum Guarantee Royalty from a Sponsor |
146.250 |
155.000 |
|
Additional Sponsorship Income |
0.000 |
56.750 |
|
Distributions from International Cricket Council |
238.134 |
252.419 |
|
Interest Income |
736.791 |
656.824 |
|
Provision No Longer Required Written Back |
49.989 |
69.818 |
|
Other Income |
11.973 |
(18.327) |
|
Income from Earlier Year |
0.000 |
0.050 |
|
|
|
|
|
TOTAL |
8680.315 |
8861.118 |
|
|
|
|
|
EXPENDITURE |
|
|
|
Expenditure on Tournaments |
4900.569 |
6340.194 |
|
Players’ Balance Share in Gross Revenue of the
Board |
212.195 |
447.863 |
|
Coaching Expenses |
73.697 |
47.565 |
|
T.V. and Other Production Costs |
491.719 |
300.427 |
|
Establishment and Other Expenses |
418.997 |
166.432 |
|
Deficit from Indian Premier League |
0.000 |
418.997 |
|
Compensation awarded to Sponsor |
0.000 |
150.000 |
|
Interest on Funds |
99.818 |
113.083 |
|
General Body Meetings Expenses |
4.553 |
0.893 |
|
ICC Annual Subscription |
77.166 |
82.636 |
|
Contributions |
0.461 |
138.901 |
|
Depreciation & Amortisation |
18.855 |
18.737 |
|
Reversal of Amount Recoverable from Mr. Jagmohan Dalmiya
- PILCOM / INDCOM/ World Cup 1996 |
466.417 |
0.000 |
|
Expenses on Earlier Year |
0.000 |
3.572 |
|
Provision for Doubtful Receivables |
15.218 |
0.000 |
|
Prior Period Expense |
3.429 |
0.000 |
|
|
|
0 |
|
TOTAL |
6783.094 |
8229.300 |
|
|
|
|
|
Surplus
of Income over Expenditure |
1897.221 |
631.818 |
|
Add: Transferred from |
|
|
|
Infrastructure Development Fund |
1309.699 |
1284.534 |
|
Platinum Jubilee Benevolent Fund |
161.855 |
161.050 |
|
|
|
|
|
Add: Writeback of Earmarked Funds |
|
|
|
Ranji Trophy Fund |
0.000 |
71.634 |
|
Cricketers’ Benevolent Fund |
0.000 |
13.127 |
|
Curators’ Training Fund |
0.000 |
25.983 |
|
Coaching Academy Fund |
0.000 |
115.618 |
|
Less: Transferred to : |
|
|
|
Infrastructure Development Fund |
(500.000) |
(950.000) |
|
Platinum Jubilee Benevolent Fund (Monthly Gratis) |
0.000 |
0.000 |
|
|
|
|
|
Balance
Carried to General Fund |
2868.775 |
1353.764 |
LOCAL AGENCY FURTHER INFORMATION
ABOUT INDIAN PREMIER LEAGUE (IPL)
The BCCI launched the Indian Premier League (IPL) on the lines of football’s English Premier League and the National Basketball League (NBA) of the US.
The IPL is a professional Twenty20 cricket league created and promoted by the BCCI and backed by the ICC. The Twenty20 league is set to debut in April 2008, with eight teams comprising a minimum of 16 players each. The league will last for 44 days and will involve 59 matches.
The IPL works on a franchise-system based on the American style of hiring players and transfers. These franchises were put for auction, where the highest bidder won the rights to own the team, representing each city.
The auction for the same took place on January 24, 2008 and the total base price for the auction was $400 million. The auction went on to fetch $723.59 million.
The Mumbai franchise owned by Mukesh Ambani’s Reliance Industries Limited (RIL) was the most expensive franchise – fetching $111.9 million closely followed by Vijay Mallya’s United Breweries which paid $111.6 million for the Bangalore franchise .
Media house Deccan Chronicle won the Hyderabad chapter of the IPL for $107 million, while India Cements’ Chennai franchise cost $91 million.
Bollywood also made its presence felt with two of its leading stars bagging the ownership of their respective teams – Shah Rukh Khan and Juhi Chawla’s Red Chillies Entertainment buying out Kolkata for $75.09, while Preity Zinta and her beau Ness Wadia bought the Mohali team for $76 million.
GMR , the infrastructure development group which who are involved in a project for revamping the Delhi airport, bagged the ownership of the Delhi team for $84 million and the Emerging Media , consisting of its CEO Fraser Castellino, Manoj Badale and Lachlan Murdoch and other investors won the rights for the Jaipur franczhise for $67 million.
Copyright/Disclaimer: The articles /information and other resources on this site are the views of the site owner and we are not related to the IPLT20 Official. All images are copyrighted to their respective owners. No copyright infringement is intended.
INDIAN PREMIER LEAGUE (IPL) TEAMS
1) Bangalore Royal Challengers: The Bangalore team was bought by Vijay Mallya’s UB Group for $111.6 million to own the team for 10 years. ‘Icon player’ Rahul Dravid is the captain of Bangalore Royal Challengers. Team India’s bowling coach, Venkatesh Prasad is the coach of the team.
2)
Kings XI Punjab: The
Mohali team was bought by Bollywood diva Preity Zinta, her industrialist beau
Ness Wadia, along with renowned industrialists Karan Paul and Mohit Burman for $76
million for a period of 10 years. ‘Icon player’ Yuvraj Singh is the captain of
Kings XI Punjab. Australia’s Tom Moddy is the coach of the team.
3) Chennai Super Kings: The Chennai team was bought by India Cements for $91 million to own the team for 10 years. Team India ODI and T20 skipper Mahendra Singh Dhoni is the captain of Chennai Super Kings. Former South Africa cricket team captain Kepler Wessels is the coach of the team.
4) Kolkata Knight Riders: The Kolkata team is owned by Bollywood actor Shah Rukh Khan, actress Juhi Chawla and her husband Jay Mehta for $75.09 million for a 10-year period. ‘Icon player’ Sourav Ganguly is the captain of Kolkata Knight Riders. Australia’s John Buchanan is the coach of the team.
5) Deccan Chargers: The Hyderabad team was bought by Deccan Chronicle, a media house, for $107 million for a 10-year period. Team India’s Test player VVS Laxman is the captain of Deccan Chargers. India’s fielding coach, Robin Singh is the coach of the team.
6) Mumbai Indians: The Mumbai team is owned by Mukesh Ambani’s Reliance Industries Limited for $111.9 million for a period of 10 years. ‘Icon player’ Sachin Tendulkar is the captain of Mumbai Indians. Former Team India manager, Lalchand Rajput is the coach of the team.
7) Delhi Daredevils: The Delhi team is owned by GMR Holdings for $84 million for a period of 10 years. ‘Icon player’ Virender Sehwag is the captain of Delhi Daredevils. Australia’s Greg Shipperd is the coach of the team.
8) Rajasthan Royals: The Jaipur team was bought by UK-based company Emerging Media for $67 million to own the team for a period of 10 years. Former Australian spin bowler Shane Warne is both the captain and coach of Rajasthan Royals.
9)
Sahara Pune Warriors :
More
on IPL:
* Title Sponsorship Rights: On February 13 2008, Indian real estate developer DLF Universal secured exclusive rights to the IPL title sponsorship worth Rs 2000.000 Millions (over $50 million) for five years.
* Television Rights: On January 14 2008, it was announced that a consortium consisting of India’s Sony Television network and Singapore-based World Sports Group secured the rights of the IPL.The record deal has a duration of ten years at a cost of $1.026 billion.
* On February 20 2008 , the auction of 77 players took place in Mumbai. Team India ODI and Twenty20 skipper Mahendra Singh Dhoni and Australian all-rounder Andrew Symonds emerged the costliest Indian and overseas players respectively.
* Each team will play the other seven teams home and away, the top four teams at the end of the group stages will proceed through to the semi-finals. The first match is slated for April 18 between Team Bangalore and Team Kolkata.
* Team Composition: All teams must have at least four players from their respective Catchment Areas and four Under-22 players. The players from Catchment Areas could be an iconic player, a Ranji player or an U-22 player. Each team can buy a maximum of eight overseas players but only four would be able to take the field in a match.
HISTORY:
At the outset, there is nothing significant about
the year 1721, as far as
The sea-route being the sole link between them and
their respective homelands, most of these settlements were situated in the
coastal areas of the Indian peninsula.
It was sometime in 1721 that a British ship dropped
anchor off the coast of Kutch in western
This is the earliest recorded reference to cricket
in
As the merchants metamorphosed into rulers, they
continued to demonstrate their recreational pursuits on Indian soil. The
British army took on the English settlers in what was the first recorded
cricket match in
That game was watched by the locals, as were other
encounters that took place elsewhere.
It was but natural that the locals sought to copy
what the 'rulers' were doing. Recent evidence suggests that members of the
Indian army were among the first to take to the sport. The 'sepoys' of
regiments based in Sylhet (now part of
The Parsis were the first Indian civilian community
to take to cricket. They set up the Oriental Cricket Club in Mumbai in 1848. It
did a premature death, but the community then established the Young
Zoroastrians Club in 1850. They were followed by the Hindus, who formed the
Hindu Gymkhana in 1866. The scene of the cricketing activities of the Mumbai
locals was the Esplanade 'maidan,' which was situated in front of the western
ramparts of the erstwhile
Cricket was also gaining in popularity in other
cities at around the same time. 1884 was an eventful year, in that a team from
The relative economic stability of the Parsis was
instrumental in their sending a team on a tour of
At the team's send-off in Bombay, Pherozeshah
Mehta, one of the eminent Indians of the time, stated the squad's objective;
"As artists go to Italy to do homage to the Great Masters, or as pilgrims
go to Jerusalem to worship at a shrine, so now the Parsis are going to England
to pay homage to the English cricketers, to learn something of that noble and
manly pastime in the very country that is cricket's chosen home."
As was expected, the Parsis could not get the
better of their seasoned opponents, but they gained a lot of experience. The
second Parsi outfit that went to
The British sent a team to
However, while they were unremitting on the political
front, the British were supportive on the sporting one. Lord Hawke's team that
toured
Lord Harris, one of the game's influential figures
of the time, did his bit in his capacity as Governor of the
The game had by then spread across the
subcontinent. It gained a fillip in the 1890s when the Prince of the state of
Nawanagar wowed all those in
His fellow Princes were quick on the uptake. Some
of them took it upon themselves to do their bit for cricket, to facilitate
their entry into the 'good books' of the British rulers.
The 'princely' influence worked wonders for cricket
in
1911 witnessed the first-ever tour of
An all-rounder from
The outbreak of World War I prevented visits by
cricket teams from
Technically, the CCC should not have been allowed
to participate in the meeting, as the club did not have exclusive control over
cricket in
The match between the visitors and the Hindus at
the Bombay Gymkhana was made memorable by the man who had hit a six on his
first-class debut in 1916.
C.K. Nayudu blasted thirteen boundaries and eleven
sixes on the way to 153. His century took him only hundred minutes to complete,
and left the spectators delirious. Prof. D.B. Deodhar's 148 for 'All-India' in
an earlier game, as also the showing of cricketers like J.G. Navle, Wazir Ali
and Col. Mistry, made a huge impression on the visiting captain. Gilligan was
convinced that
By then, not only was cricket being played all over
the subcontinent by the locals, but it had also scaled unforeseen heights of
popularity. An annual Presidency match between the Europeans and Indians had
been instituted in Chennai in 1915. It was played during the Pongal
festivities. Sind,
Gilligan was one of the active participants in a
meeting in
Govan,
Another meeting, held at the Bombay Gymkhana on
10th December 1927, ended with a unanimous decision to form a 'Provisional'
Board of Control to represent cricket in
Govan and De Mello visited
The Provisional Board met in Mumbai in December
1928 during the Quadrangular tournament, to discuss the next course of action.
It was at this meeting that Govan and De Mello prevailed upon the others to
reconsider the decision taken at the previous year's meeting. They did not want
Their persistence paid off. The Provisional Board
was deemed to have finished its work, and the Board of Control for Cricket in
There were those who favoured
Govan and De Mello tried their best to convince
Kumar Shri Duleepsinhji, nephew of 'Ranji,' to lead the Indian team to
In the prevailing circumstances, the Maharaja of
Patiala fancied his chances of becoming the leading figure in Indian cricket.
But he had to contend with Lord Willingdon, the then Viceroy, who did not get
along with him, and the Maharajkumar of Vizianagaram, who pulled off a coup in
1930-31 by inviting Jack Hobbs and Herbert Sutcliffe, two of England's best
batsmen of the time, to play in India.
Prince Ghanshyamsinhji of Limbdi was appointed
vice-captain of the squad that
'
The country's unexpected triumph in the World Cup
in 1983 emboldened the BCCI to bid for the 1987 World Cup along with its
Pakistani counterpart. It was the first time anyone had even thought of staging
the competition outside
That one event showcased the organizational
capabilities of the BCCI.
The rest is history.
AWARDS
COL. C. K. NAYUDU LIFETIME ACHIEVEMENT AWARD
SALIM DURRANI, the charismatic
all-rounder who served Indian cricket with distinction in the 1960s and 70s,
was the recipient of the BCCI’s Col. C.K. Nayudu Lifetime Achievement Award,
during the annual BCCI Awards Ceremony, held in Mumbai on 31 May 2011. The
award comprised a trophy and cheque for Rs.1.500 Millions. Born in 1934 in
The previous winers of the
C. K. Nayudu Lifetime Achievement Award are as follows:
1994 Lala Amarnath
1995 Syed Mushtaq Ali
1996 Capt. Vijay Hazare
1997 K.
1998 P. R. Umrigar
1999
2000 Subhash Gupte
2001 Mansoor Ali Khan Pataudi
2002 Bhausaheb Nimbalkar
2003 Chandrakant Borde
2004 B.
2007 Nariman Contractor
2008 Gundappa Viswanath
2009 Mohinder
Amarnath
BCCI AWARDS, 2009-10
The fourth annual BCCI Awards Ceremony was held at the
The top performers of the twelve-month period from 1 October
2009 to 30 September 2010 were honoured at the function. Mr. Sachin Tendulkar
was presented the Polly Umrigar Award, for being
Mr. Salim Durani, former
Test cricketer, who played a key role in
The highlight of the ceremony was the felicitation of the
Indian team that did the nation proud by winning the ICC CWC 2011. The playing
members of the squad received cheques for Rs.20.000 Millions each, and members
of the support-staff received cheques for Rs.5.000 Millions each.
The function was attended by former and current
international cricketers, administrators, and the media.
|
AWARD |
WINNER |
NATURE OF AWARD |
PERFORMANCE IN 2009-10 |
|
|
|
|
|
|
Col. C.K. Nayudu Lifetime Achievement Award |
Salim
Durani |
Trophy,
citation and cheque for Rs.1.500 Millions |
|
|
Polly Umrigar Award |
Sachin
Tendulkar |
Trophy
and cheque For Rs.0.500 Million |
1064
runs from ten Tests @ 82, inclusive of one double hundred and five hundreds.
695 runs from 12 ODIs @ 69.5, inclusive
of the first double hundred in ODIs by a male cricketer and another
innings of 175. |
|
Madhavrao Scindia Award Highest Scorer In The Ranji Trophy |
Manish
Pandey (KSCA) |
Trophy
and cheque for Rs.0.100 Million |
882
runs @ 63 from nine matches |
|
Madhavrao Scindia Award - Highest Wicket-Taker In The Ranji Trophy |
Abhimanyu
Mithun (KSCA) |
Trophy
and cheque for Rs.0.100 Million |
47
Wickets @ 23.23 from nine matches |
|
M.A. Chidambaram Trophy - Best Under-16 Cricketer |
B.
Aparajith (TNCA) |
Trophy
and cheque for Rs.0.050 Million |
794 runs
@ 99.25 from seven matches, inclusive of three hundreds and three fifties |
|
M.A. Chidambaram Trophy - Best Under-19 Cricketer |
Bhargav
Merai ( |
Trophy
and cheque for Rs.0.050 Million |
675
runs @ 96.42 from five matches, inclusive of three hundreds and two fifties. |
|
M.A. Chidambaram Trophy - Best Under-22 Cricketer |
Nataraj
Behera ( |
Trophy
and cheque for Rs.0.050 Million |
583
runs @ 64.77 from six matches, inclusive of two hundreds and three fifties. |
|
M.A. Chidambaram Trophy - Best Woman Cricketer (Sr) |
M.D.
Thirushkamini (TNCA) |
Trophy
and cheque for Rs.0.050 Million |
489
runs @ 61.12 from nine limited-overs matches, inclusive of one hundred and
four fifties. 339 runs @42.37 from nine T20 matches. |
|
M.A. Chidambaram Trophy - Best Woman Cricketer (Jr) |
Reva
Arora (PCA) |
Trophy
and cheque for Rs.0.050 Million |
454
runs @ 64.85 from eight matches, inclusive of two hundreds and two fifties. |
|
Best Umpire In Domestic Cricket |
K.
Hariharan |
Trophy
and cheque for Rs.0.050 Million |
|
BEST OVERALL PERFORMANCE IN
2009-10:
· Maharashtra Cricket Association
FELICITATION:
· The Indian cricket team that won the ICC CWC 2011.
· Players: Rs.20.000 Millions each.
·
Support-staff: Rs.5.000 Millions each.
SALIENT HEADS OF BUDGET- 2011-12
(Rs.
In Millions)
|
Particulars |
BUDGET 2011-12 |
ACTUALS 2010-11 |
|
|
|
|
|
Income |
|
|
|
Media rights
income |
4375.000 |
3885.600 |
|
Surplus from
tours |
1931.600 |
1941.000 |
|
Interest income |
800.000 |
736.800 |
|
Distribution from
ICC |
605.100 |
238.100 |
|
Other income |
170.000 |
208.300 |
|
Sub Total |
7881.700 |
7009.800 |
|
Net Surplus from
IPL |
2099.400 |
1187.600 |
|
Net Surplus from
CLT |
450.000 |
482.900 |
|
Gross
Income |
10431.100 |
8680.300 |
|
|
|
|
|
Expenditure |
|
|
|
TV Subsidy |
2712.500 |
2375.700 |
|
Infrastructure
Subsidy |
1435.00 |
1309.700 |
|
Gross Revenue
share/Retainership/Bonus |
833.800 |
361.600 |
|
Monthly Gratis |
200.000 |
161.900 |
|
Production Cost |
5000.000 |
491.800 |
|
Specialist
Academies |
90.000 |
65.000 |
|
NCA Expenses |
174.400 |
118.900 |
|
Tournament
Expenditure |
622.700 |
593.300 |
|
Reversal of Mr.
Jagmohan Dalmiya (Net) |
0.000 |
469.800 |
|
Others |
899.600 |
834.900 |
|
Total
expenditure |
7468.000 |
6783.100 |
|
|
|
|
|
Surplus |
2963.100 |
1897.200 |
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 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.50.22 |
|
UK Pound |
1 |
Rs.78.63 |
|
Euro |
1 |
Rs.65.53 |
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.