MIRA INFORM REPORT

Report Date :

05.04.2013

IDENTIFICATION DETAILS

Name :	GREAT SPORTS INFRA PRIVATE LIMITED (w.e.f.01.04.2009)
Formerly Known As :	SURAVARAM MARKETING PRIVATE LIMITED
Registered Office :	Flat No. 101, 1-10-68/4, Plot No. 52, Street No. 2, Chikoti Gardens, Begumpet, Hyderabad-500016, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	14.06.2004
Com. Reg. No.:	01-043476
Capital Investment / Paid-up Capital :	Rs. 10.000 Millions
CIN No.: [Company Identification No.]	U52520AP2004PTC043476
IEC No.:	0904010368
TAN No.: [Tax Deduction & Collection Account No.]	HYDS09730A
PAN No.: [Permanent Account No.]	AAICS3010R
Legal Form :	Private Limited Liability Company
Line of Business :	Trader and Importer of Installation of Artificial Grass and Sport Surfaces.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (47)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 250000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. Trade relations are fair. Business is active. Payments are reported to be usually correct and as per commitments. The company 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.

ECGC Country Risk Classification List – June 30, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

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

INDIAN ECONOMIC OVERVIEW

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

LOCATIONS

Registered Office / Head Office :	Flat No. 101, 1-10-68/4, Plot No. 52, Street No. 2, Chikoti Gardens, Begumpet, Hyderabad-500016, Andhra Pradesh, India
Tel. No.:	91-40-27764900 / 5000
Mobile No.:	91-9849046060 (Anil Kumar)
Fax No.:	91-40-27764900
E-Mail :	ftindia@gmail.com fieldturfindia@gmail.com fieldturfindia@hotmail.com info@greatsportsinfra.com
Website:	http://www.greatsportsinfra.com
Area :	400 sq. ft.
Administrate Office :	302, Vintage Boulvard, Raj Bhavan Road, Somejiguda, Hyderabad – 500082, Andhra Pradesh, India
Tel. No.:	91-40-66844900
Fax No.:	91-40-23304900
E-Mail :	info@fieldturfindia.com
Area :	600 sq. ft.(Rented)
Godown :	Kushaiguda, Andhra Pradesh, Hyderabad, India
Area :	4000 sq. ft. (Rented)
Distributers:	Located at: · Mahrashtra and Goa · New Delhi · Gujarat · Madhya Pradesh · Chhatisgarh · Rajasthan · Southern Tamilnadu · Karnataka · Northern Tamilnadu · West Bengal and Assam · Nagaland · Jammu and kashmir · South Andhra · North Andhra region · Kerala · Sri Lanka · Jharkhand

DIRECTORS

As on : 29.09.2012

Name :

Mr. Suravaram Anil Kumar

Designation :

Managing Director

Address :

302, Street No.3, Padmarao Nagar, Secunderabad–500025, Andhra Pradesh, India

Date of Birth/Age :

09.03.1969

Qualification :

B. E. , MBA

Date of Appointment :

15.06.2004

DIN No.:

00045478

Name :

Ms. Suravaram Sujata Reddy

Designation :

Director

Address :

302, Street No 3, Padmarao Nagar, Secunderabad, Andhra Pradesh, India

Date of Birth/Age :

27.10.1967

Qualification :

B. E.

Date of Appointment :

15.06.2004

DIN No.:

00045466

Name :

Mr. Vikram Keashav Muratee

Designation :

Director

Address :

Plot No 178, Road No 72, Prashasan Nagar, Jublee Hills, Hyderabad-500033, Andhra Pradesh, India

Date of Birth/Age :

27.07.1966

Qualification :

B. E.

Date of Appointment :

03.10.2005

DIN No.:

00525595

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	U72200AP2005PTC047026	DIGITAL NIRVANA INFORMATION SYSTEMS (INDIA) PRIVATE LIMITED	Director	09/08/2010	02/08/2005	09/08/2010	Active	NO
2	U52520AP2004PTC043476	Great Sports Infra Private Limited	Director	03/10/2005	03/10/2005	-	Active	NO
3	U74140AP2006PTC048700	GEOMETRIX LASER SOLUTIONS PRIVATE LIMITED	Director	01/04/2007	01/04/2007	18/11/2009	Active	NO
4	U74200AP2008PTC057607	INDI KRAFTS INTERIORS PRIVATE LIMITED	Director	14/02/2008	14/02/2008	-	Active	YES
5	U45209AP2010PTC070596	GRENIX PROJECTS INFRA PRIVATE LIMITED	Director	27/09/2010	27/09/2010	-	Active	NO
6	U01533AP2007PTC052207	Eco Additives (India) Private Limited	Director	11/07/2011	11/07/2011	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on : 29.09.2012

Names of Shareholders	No. of Shares
Anil Kumar S	439558
Sujatha S	133000
Edgar Luke Mascarenhas and Michella Fleur	16139
Kesar V Muratee	74740
Sudhir S	11291
Jyothi S	22583
Krishna Vardhan S	22583
Venkat, N Komatineni	25292
Vivek Hebbar	25292
Kirtana Ramarapu	50754
Anil Koripelly	75674
Naresh Raghavan, C	22500
John Ayyachamy	49377
Chetan Naik	25767
Rupesh Tikku	1700
Sreedhar Reddy G	2000
Ch. Saratchandra Rao	500
M. Vasudeva Rao	500
B S Kamath	750
Total	1000000

As on : 15.11.2012

Names of Allotees	No. of Shares
Anil Kumar Suravaram	100000
Total	100000

Equity Share Break up (Percentage of Total Equity)

As on : 29.09.2012

Category	Percentage
Directors or relatives of Directors	85.00
Other top fifty shareholders	15.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Trader and Importer of Installation of Artificial Grass and Sport Surfaces.
Products :	· Artificial Grass · Sport Surfaces raw materials

GENERAL INFORMATION

Customers :

· Hero Honda, Gurgaon, India

· Hindustan Unilever Limited, India

· Infosys, Bhubaneshwar, India

· Capegemini, Mumbai, India

· Reliance, India

· Coca Cola, Gurgaon, India

· Raheja Group, Mumbai, India

· Siemens, Bangalore, India

· Schools and Colleges

· Restaurants, Clubs and Hotels

· Taj Mahal Palace and Towers

· Royal Orchid, Bangalore, India

· Airforce Station, Agra, India

· Navy Club, Kochi, India

· State Government, West Bengal, India

· State Government, Uttar Pradesh, India

No. of Employees :

Not Available

Bankers :

Not Available

Facilities :

Secured Loan	As on 31.03.2012 Rs in Millions	As on 31.03.2011 Rs in Millions
Long term borrowings Secured
From others	--	0.594
Total	0.000	0.594

Financial Institution :	Indiabulls Housing Finance Limited, F-60, Malhotra Building, 2^nd Floor, Connaught Place, New Delhi-110001, Delhi, India
Auditors :
Name :	Vasanth Pai and Company Chartered Accountants
Address :	5-4-786, 2^nd Floor, Abids, Hyderabad-500001, Andhra Pradesh, India
Tel. No.:	91-40-24655217
Mobile No.:	91-9849298509
PAN No.:	AAUPN9012F
Email :	Vasanthpai@yahoo.com

CAPITAL STRUCTURE

As on 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
2000000	Equity Shares	Rs. 10/-each	Rs. 20.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs. 10/-each	Rs. 10.000 Millions

After 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
2000000	Equity Shares	Rs. 10/-each	Rs. 20.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1100000	Equity Shares	Rs. 10/- each	Rs. 11.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2012	31.03.2011	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		10.000	10.000	10.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		53.276	31.037	18.742
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		63.276	41.037	28.742
LOAN FUNDS
1] Secured Loans		0.000	0.594	1.665
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		0.000	0.594	1.665
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		63.276	41.631	30.407
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		7.706	5.610	4.834
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERRED TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	28.006	17.901	3.360
	Sundry Debtors	39.750	33.360	13.115
	Cash & Bank Balances	5.486	3.649	4.756
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	22.447	12.598	7.068
Total Current Assets		95.689	67.508	28.299
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	31.574	24.007	1.332
	Other Current Liabilities	1.933	2.495	1.394
	Provisions	6.612	4.985	0.000
Total Current Liabilities		40.119	31.487	2.726
Net Current Assets		55.570	36.021	25.573
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		63.276	41.631	30.407

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income		79.624	51.007
		Other Income		31.668	5.220
		TOTAL	161.115	111.292	56.227
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL	127.735	93.302	47.499
	PROFIT BEFORE TAX		33.380	17.990	8.728
Less	TAX		NA	NA	2.947
	PROFIT AFTER TAX		NA	NA	5.781
	EARNINGS IN FOREIGN CURRENCY		NA	NA	0.056
	Earnings Per Share (Rs.)		12.29	12.30	5.72

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	0.00	0.00	10.28
Net Profit Margin (PBT/Sales)	(%)	20.72	16.16	15.52
Return on Total Assets (PBT/Total Assets}	(%)	32.28	24.60	26.34
Return on Investment (ROI) (PBT/Networth)		0.00	0.44	0.30
Debt Equity Ratio (Total Debt /Networth)		0.00	0.01	0.06
Current Ratio (Current Asset/Current Liability)		2.38	2.14	10.38

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	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	No
9]	Name of person contacted	No
10]	Designation of contact person	No
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	-------------------
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	No
21]	Market information	--------------------
22]	Litigations that the firm / promoter involved in	--------------------
23]	Banking Details	No
24]	Banking facility details	No
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
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

Note:

The Register office of the company has been shifted from 6-1-119/14 (302), Padmarao Nagar, Street No. 3., Secunderabad, Andhra Pradesh, India to present address w.e.f. 16.03.2009

Fixed Assets:

Plant and Machinery:

· Angle Brush

· Carpet Clamps

· Clipper

· Drop Spedder

· Groomer

· Sweepstar

· Power Broom

· Fire Extinguisher

· Roller

· Air Conditioner

· Turf Brushing Machine

· Manual Sweeper

Furniture and Fixture:

· Furniture and Fixture

· Water Cooler

· Exhibition Display Stand

· Air Cooler

· Cell Phone

Office Equipments:

· Computer

· Computer Software

· UPS

Vehicles:

· Car

PRESS RELEASES:

Source: Great Sports Infra 

Wednesday, August 31, 2011 11:55 AM IST (06:25 AM GMT)

Editors: General: Consumer interest, Entertainment, People, Sports; Business: Advertising, PR & marketing, Business services, Construction, Media and entertainment, Real estate, Sports, Travel & tourism; Technology

Lionel Messi Set To Play On FieldTurf

Argentinian superstar joins a star-studded cast on the pitch at Salt Lake Stadium in Kolkata, India

Kolkata, West Bengal, India, Wednesday, August 31, 2011 -- (Business Wire India)

All eyes are focused on Salt Lake Stadium, as Argentina’s national soccer team is set to face Venezuela in a FIFA international match September 2. After months of preparation, the city of Kolkata is ready to embrace Lionel Messi and the world’s finest players at their FIFA 2-Star certified pitch. The event marks the first ever FIFA international match to be played in India – and most certainly provides the country with the prestige and respect it’s been seeking within the FIFA community. Salt Lake Stadium features FieldTurf artificial grass, and FIFA officials have certified the high performance pitch to host such a large international soccer event.

The match has stirred quite the buzz around Kolkata, as India prepares to roll out the red carpet for soccer’s elite. Stadium officials report over 8 corporate boxes being sold already, with their 120,000 seat venue expected to sellout for the game – a clear indication of the exposure Messi generates when making an appearance on the soccer pitch. FieldTurf could not be more proud to be at the forefront of this match, and provide Messi along with the fellow players a surface revered as the best in the industry.

FIFA recommended fields must pass a series of lab and on-site tests in order to qualify for certification. Many variables are tested such as durability, joint strength, ball-to-surface interaction, shock absorbency, and surface deformation, among others. This tough testing procedure ensures the field has been installed to a certain performance standard. FieldTurf fields earning such distinctions on many of its standard products demonstrate the unwavering quality these fields provide to their owners. With 164 certified fields in the world to date, FieldTurf is not only a leader in that respect but clearly the benchmark for artificial soccer playing surfaces in the eyes of FIFA.

What makes FieldTurf stand out is the way the system is built. A mixture of cryogenic rubber and silica sand form the patented infill formula. It is mixed in between the fiber blades to create a cushioned athlete-friendly surface. The result: a strong and durable turf that replicates real grass to near perfection. Ball bounce is similar to a pristine natural grass surface on FieldTurf, and the game is played more fluidly and faster due to improved traction when running on the surface. The system also reduces injuries, in particular head trauma and concussions. Put all this together and you truly get the best sports turf surfacing option available in the market.

A live telecast will be broadcasted in 152 countries, as fans from all over the globe can tune in and watch these star-studded casts duel it out on the field. Stadium officials are grateful for the exposure expected to generate due to the media, and the world will get to witness Salt Lake Stadium in all of its glory. Argentine assistant coach Julian Camino inspected the pitch last week and was pleased with what he saw. “We are not accustomed to play on the artificial turf, but the turf looks good. We have visited the stadium and we are happy with the arrangements here.” There is truly no doubt Salt Lake Stadium is ready for this grant event!

With Kolkata bracing for the arrival of Lionel Messi, FieldTurf will provide Salt Lake stadium officials some peace of mind knowing the surface will be in top shape. Local clubs such as Mohun Bagan A.C., Kingfisher East Bengal F.C., Prayag United S.C. and Mohammedan SC call Salt Lake Stadium home. The venue can now add this FIFA international match to an already impressive resume of events hosted, which also includes the A R Rehman music concert.

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 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 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. 54.64
UK Pound	1	Rs. 82.41
Euro	1	Rs. 70.08

INFORMATION DETAILS

Report Prepared by :

NIS

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--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	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		47

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.