MIRA INFORM REPORT

Report Date :

07.06.2013

IDENTIFICATION DETAILS

Name :	TE CONNECTIVITY INDIA PRIVATE LIMITED (w.e.f. 29.08.2012)
Formerly Known As :	TYCO ELECTRONICS CORPORATION INDIA PRIVATE LIMITED TYCO ELECTRONIC CORPORATION LIMITED (w.e.f 24.02.2000) AMP INDIA LIMITED (w.e.f 30.06.1998) AMP INDIA PRIVATE LIMITED
Registered Office :	“TE Park”, Site No.22B, Doddenakundi Industrial Area, Bangalore – 560 48, Karnataka
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	07.12.1993
Com. Reg. No.:	08-015007
Capital Investment / Paid-up Capital :	Rs.720.817 Millions
CIN No.: [Company Identification No.]	U31909KA1993PTC015007
TAN No.: [Tax Deduction & Collection Account No.]	BLRT02262B
PAN No.: [Permanent Account No.]	AABCT7374C
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Electronic and Electrical Parts and Components
No. of Employees :	2200 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (55)

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

Maximum Credit Limit :	USD 20000000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a subsidiary of ‘Tyco Electronics Singapore Pte Limited’. It is a well established company having a good track record. The financial position of the company is sound and healthy. Directors are well-experienced and knowledgeable businessmen. Trade relations are decent. Business is active. Payment terms are regular and as per commitment. The company can be considered good 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 – March 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
India	A1	A1

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

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 /Head Office :	“TE Park”, Site No.22B, Doddenakundi Industrial Area, Bangalore – 560 48, Karnataka, India
Tel. No.:	91-80-40115000/ 401/ 28540800/ 28412433/ 28540800/ 24163745
Fax No.:	91-80-40115001/ 401/ 28540820
Email :	ravis@tycoelectronics.com ravis@te.com
Website :	http://www.te.com
Area :	3000 Sq. ft
Location :	Leased
Factory 1 :	No. 4, Maruthi Industrial Estate, Hoody Rajapalya, Whitefield Main Road, Mahadevapura, Bangalore – 560 048, Karnataka, India
Tel. No.:	91-80-26453014 / 28410200
Fax No.:	91-80-28453038 / 28410210
Factory 2 :	Gat No.1122, 1129, 1140, 1295, Village – Shirwal, Taluka – Khandala, Satara- 412801, Maharashtra, India
Tel No.:	91-2169-246000
Branch Office 1 :	1^st Floor, No-5, Shalimar House Comm, Center Saket-110017, Delhi, India
Tel. No.:	91-11-26864107
Branch Office 2:	Cochin Special Economic Zone Plot No. 44, Cochin-Kakkanad-682037, Kerala India
Regional Office :	Located At · Ahmedabad · Chennai · Cochin · Delhi · Hyderabad · Kolkata · Mumbai · Pune

DIRECTORS

As on 28.09.2012

Name :

Mr. Srinivasan Varadarajan

Designation :

Director

Address :

40, Kuppu, 14th cross, Vignana Nagar, New Thippasandra Bangalore – 560075, Karnataka, India

Date of Birth/Age :

01.07.1958

Date of Appointment :

11.05.2006

DIN No.:

00337041

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	U72900KA2000PTC026408	PRECISION INTERCONNECT INDIA PRIVATE LIMITED	Director	20/01/2005	20/01/2005	-	Amalgamated	NO
2	U31909KA1993PTC015007	TE CONNECTIVITY INDIA PRIVATE LIMITED	Director	11/05/2006	11/05/2006	-	Active	NO

Name :

Mr. Juerg Frischknecht

Designation :

Director

Address :

W. Wolfensberger Stresses 14, 9424, Reinbeck, Switzerland

Date of Birth/Age :

09.06.1959

Date of Appointment :

06.08.2003

DIN No.:

02406047

Name :

Mr. Raja Venkataraman

Designation :

Managing Director

Address :

Flat No.218, Royal Heritage Apartment, Benninganahalli East Range, Bangalore – 560016, Karnataka, India

Date of Birth/Age :

08.12.1956

Date of Appointment :

28.09.2012

DIN No.:

00669376

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	U33111KA1990PTC016063	WIPRO GE HEALTHCARE PRIVATE LIMITED	Managing director	14/07/2004	14/07/2004	07/10/2011	Active	NO
2	U31909KA1993PTC015007	TE CONNECTIVITY INDIA PRIVATE LIMITED	Managing director	28/09/2012	13/10/2011	-	Active	NO
3	U29299KL1995PLC009664	CII GUARDIAN INTERNATIONAL LIMITED	Nominee director	05/11/2011	05/11/2011	19/08/2012	Active	NO
4	U74999MH1984PTC033786	RAYCHEM-RPG PRIVATE LIMITED	Director	27/09/2012	15/12/2011	-	Active	NO
5	U51397TN2001PTC047385	CURA HEALTHCARE PRIVATE LIMITED	Director	28/09/2012	25/08/2012	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Anushree Keshav
Designation :	Secretary
Address :	No.20, S-2, 1^st Main Vinayaka Laypout, Vijaynagar, Bangalore -560040, Karnataka, India
Date of Birth/Age :	27.11.1984
Date of Appointment :	22.03.2011
PAN No.:	AUEPA5737C
Name :	Mr. Krishna Prasad
Designation :	Finance Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 28.09.2012

Names of Shareholders (Equity Shares)	No. of Shares
Tyco Electronics Singapore Pte Limited, Singapore	44742393
Tyco Electronics Netherlands India Cooperatief U A, The Netherlands	1
Total	44742394

Names of Shareholders (Preference Shares)	No. of Shares
Tyco Electronics Singapore Pte Limited, Singapore	273393065
Total	273393065

As on 28.09.2012

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Electronic and Electrical Parts and Components

Products :

ITC Code	Product Description
8462	Tools, Moulds and Dies
8536	Connectors
8544	Cable Assembly

Exports :

Countries :

· Europe

· Middle East

· Asian Country

· USA

· UK

· Switzerland

· Netherland

Imports :

Countries :

· China

· Taiwan

· Korea

· Europe

· Italy

· Japan

GENERAL INFORMATION

No. of Employees :	2200 (Approximately)
Bankers :	The Hongkong and Shanghai Banking Corporation Limited, Bangalore Branch, Manipal centre, Dickenson Road, Bangalore- 560042, Karnataka, India

Banking Relations :	--
Auditors :
Name :	Deloitte Haskins and Sells Chartered Accountants
Address :	Deloitte Centre, Anchorage II, 100/2 Richmond Road, Bangalore - 560025, Karnataka, India
Tel. No.:	91-80-55276000
Fax No.:	91-80-55276011
PAN No.:	AACFD3771D
Holding Company :	· Tyco Electronics Singapore Pte Limited · Tyco Electronics Group S A, Luxembourg
Ultimate Holding Company :	TE Connectivity Limited, Switzerland (formerly known as Tyco Electronics Limited, Switzerland)
Associates :	Tyco Electronics Systems India Private Limited
Subsidiary Company :	XOL Technologies Private Limited
Fellow Subsidiaries :	· Tyco Electronics Systems India Private Limited · TEI Technologies Private Limited · AMP Manufacturing Korea Limited · AMP Manufacturing Taiwan Limited · AMP Trading B.V. · PT Tyco Electronics, Indonesia · Shenzhen Original Electric Company · Shunde Tyco Electronics Limited · Tyco Electronics.Brasil LTA · Tyco Electronics Raychem, Belgium · Tyco Electronics - HK Limited · Tyco Electronics Malaysia SD · Tyco Electronics Schweiz AG · Tyco Electronics AMP Espana SA · Tyco Electronics AMP Gmbh · Tyco Electronics AMP Italia SPA · Tyco Electronics AMP K.K. · Tyco Electronics Amp Shanghai Limited · Tyco Electronics Argentina S.A · Tyco Electronics Canada Limited. · Tyco Electronics Czech S.R.O AMP De France · Tyco Electronics da Amaznia, · Tyco Electronics EC Gmbh and Company · Tyco Electronics France SAS · Tyco Electronics HK Limited · Tyco Electronics Hungary KFT · Tyco Electronics Logistics AG · Tyco Electronics Mexico S.A · Tyco Electronics Middle East FZE · Tyco Electronics Nederland BV · Tyco Electronics New Zealand Limited · Tyco Electronics Polska Spz · Tyco Electronics Pty Limited · Tyco Electronics Raychem Gmbh · Tyco Electronics Raychem NV · Tyco Electronics Raychem, S.A. · Tyco Electronics S.A (Pty) Limited · Tyco Electronics Shanghai CLT · Tyco Electronics UK Limited · Tyco Electronics Dongguan Limited · Tyco Electro-Electronica Ltda · Whitekar Corporation · Precision Interconnect USA · AMP Shunde Connector Limited · AMP Holland BV · Tyco Electronics Augat AG · Tyco Electronics Austria GmbH · Tyco Electronics Exports SARL · Tyco Electronics Columbia Limited · Tyco Electronics Export · Tyco Electromechanical components · AMP Services · Tyco Electronics UK Limited (Crompton IN) · Tyco Electronics AMP Guang Don Limited · Tyco Electronics Nederland B.V · Tyco Electronics Singapore · Tyco Electronics Japan GK · Tyco Electronics Kunsham · Tyco Electronics Raychem BVBA · Tyco Electronics Belgium EC BVBA · Tyco Electronics VII Limited · Tyco Electronics Malaysia SDN BHD · Tyco Electronics Chile LTDA · Tyco Electronics Subsea Communication LLC · Tyco Electronics Technologies Kunshan Company · Tyco Electronics Del Peru SAC · Dongguan Transpower Electric · Tyco Electronics Simel · Tyco Electronics Zhuhai Limited · Tyco Electronics Qingdao Limited · Tyco Electronics ETA Limited · Rochester Wire and Cable · Tyco Electronics AMP Korea · Tyco Electronics AMP Guangdond Limited · Raychem Electronics Shanghai Company Limited · ADC India Communications Limited · Raychem RPG Private Limited

CAPITAL STRUCTURE

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
45000000	Equity Shares	Rs.10/- each	Rs.450.000 Millions
280000000	Preference Shares	Rs.1/- each	Rs.280.000 Millions
	Total		Rs.730.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
44742394	Equity Shares	Rs.10/- each	Rs.447.424 millions
273393065	Preference Shares	Rs.1/- each	Rs.273.393 millions
	Total		Rs.720.817 millions

Reconciliation of the shares outstanding at the beginning and at the end of the year Equity Shares

Particular	No. of share	Rs. In Millions
Equity Shares
At the beginning of the year	4474239	447.420
Outstanding at the end of the year	4474239	447.420
Preference Shares
At the beginning of the year	273393065	273.400
Outstanding at the end of the year	273393065	273.400

Terms/ rights attached to each class of shares

The Company has only one class of Equity Shares having a par value of Rs.10 per share and only one class of Preference Shares of Re 1/ per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividend in Indian rupees.

The dividend is proposed by the Board of Directors and the same is approved at the annual general meeting. In the event of liquidation of the Company, the holders of equity shares are entitled to receive only the residual assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held. The preference share capital of Rs. 273,393,065 consisting of 273,393,065 shares of Re.1/- each has a zero coupon rate, with a tenor of 10 years. The date of allotment of the said preference shares is March 30, 2007.

Details of shareholders holding more than 5% shares in the company

Particular	No. of share	% holding in that class
Equity shares of Rs.10 each fully paid
Tyco Electronics Singapore Pte Limited	44742393	99.99%
Preference shares of Re.1 each fully paid
Tyco Electronics Singapore Pte Limited	273393065	100%

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		720.820	720.820	720.817
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		4476.350	3901.370	3406.113
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		5197.170	4622.190	4126.930
LOAN FUNDS
1] Secured Loans		0.000	0.000	0.000
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		0.000	0.000	0.000
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		5197.170	4622.190	4126.930
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1333.860	845.240	840.870
Capital work-in-progress		35.740	54.990	46.817
INVESTMENT		608.420	0.000	0.002
DEFERREX TAX ASSETS		244.740	236.730	160.043
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1277.280	1490.380	1293.545
	Sundry Debtors	1313.890	1516.350	1057.264
	Cash & Bank Balances	1035.200	1414.580	911.290
	Other Current Assets	28.550	62.160	80.000
	Loans & Advances	734.810	674.160	1099.078
Total Current Assets		4389.730	5157.630	4441.177
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	1224.710	1427.690	1211.161
	Other Current Liabilities	60.610	61.760	43.656
	Provisions	130.000	182.950	107.162
Total Current Liabilities		1415.320	1672.400	1361.979
Net Current Assets		2974.410	3485.230	3079.198
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		5197.170	4622.190	4126.930

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	8980.920	8320.780	6330.000
		Other Income
		TOTAL	8980.920	8320.780	6330.000
Less	EXPENSES
		Office Expenses
		Administrative Expenses	7921.540	7355.690	5678000
		Advertising Expenses
		TOTAL	7921.540	7355.690	5678.000
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		1059.380	965.090	652.000
Less/ Add	DEPRECIATION/ AMORTISATION		202.400	196.530	228.000
	PROFIT BEFORE TAX		856.980	768.560	424.000
Less	TAX		282.000	273.300	212.000
	PROFIT AFTER TAX		574.980	495.260	212.000
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	NA	NA	2890.946
		Commission Earnings	NA	NA	324.904
	TOTAL EARNINGS		NA	NA	3215.850
	IMPORTS
		Raw Materials	NA	NA	1843.773
		Purchase for Resale	NA	NA	782.432
		Capital Goods	NA	NA	83.210
		Others	NA	NA	0.999
	TOTAL IMPORTS		NA	NA	2710.414
	Earnings Per Share (Rs.)		1.81	1.56	NA

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	6.40	5.95	3.34
Return on Total Assets (PBT/Total Assets}	(%)	14.97	12.80	8.01
Return on Investment (ROI) (PBT/Networth)		0.16	0.17	0.10
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00	0.00
Current Ratio (Current Asset/Current Liability)		3.10	3.08	3.26

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	Yes
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	No
8]	No. of employees	Yes
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	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	Yes
21]	Market information	----------------------
22]	Litigations that the firm / promoter involved in	----------------------
23]	Banking Details	Yes
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

FIXED ASSETS

· Leasehold Improvements

· Plant and Machinery

· Office Equipments

· Data Processing Equipments

· Furniture and Fixture

· Motor Vehicles

· Building

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 records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.56.87
UK Pound	1	Rs.87.65
Euro	1	Rs.74.52

INFORMATION DETAILS

Report Prepared by :

NTH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	6
--CREDIT LINES	1~10	7
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		55

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.