1. Summary Information

		Country	India
Company Name	SREE BEHARIJI MILLS PRIVATE LIMITED	Principal Name 1	Mr. Hira Lall Sah
Status	Satisfactory	Principal Name 2	Mr. Om Prakash Sah
		Registration #	03-002905
Street Address	Jairam Dass Sah Road, Malsalami, Patna City, Patna– 800008, Bihar
Established Date	26.10.1940	SIC Code	--
Telephone#	91-612-2641818	Business Style 1	Trader
Fax #	Not Available	Business Style 2	--
Homepage	--	Product Name 1	Electronics Goods
# of employees	Not Available	Product Name 2	--
Paid up capital	Rs.2,398,000/-	Product Name 3	--
Shareholders	Directors or relatives of directors 99.00%, Other top fifty shareholders 1.00%	Banking	HDFC Bank Limited
Public Limited Corp.	No	Business Period	73 Years
IPO	No	International Ins.	-
Public Enterprise	No	Rating	Ba (42)
Related Company
Relation	Country	Company Name	CEO
Associates	--	Laxmivinayak Ventures Private Limited	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2012		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	170,602,000	Current Liabilities	13,585,000
Inventories	24,954,000	Long-term Liabilities	157,749,000
Fixed Assets	959,000	Other Liabilities	000
Deferred Assets	67,000	Total Liabilities	171,334,000
Invest& other Assets	5,000	Retained Earnings	22,855,000
		Net Worth	25,253,000
Total Assets	196,587,000	Total Liab. & Equity	196,587,000
Total Assets (Previous Year)	116,684,000
P/L Statement as of	31.03.2012		(Unit: Indian Rs.)
Sales	NA	Net Profit	923,000
Sales(Previous yr)	1,041,688,000	Net Profit(Prev.yr)	1,777,000

MIRA INFORM REPORT

Report Date :

30.03.2013

IDENTIFICATION DETAILS

Name :	SREE BEHARIJI MILLS PRIVATE LIMITED (w.e.f. 04.04.2011)
Formerly Known As :	SREE BEHARIJI MILLS LIMITED
Registered Office :	Jairam Dass Sah Road, Malsalami, Patna City, Patna– 800008, Bihar
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	26.10.1940
Com. Reg. No.:	03-002905
Capital Investment/ Paid-up Capital:	Rs.2.398 Millions
CIN No.: [Company Identification No.]	U15310BR1940PTC002905
TAN No.: [Tax Deduction & Collection Account No.]	PTNS00549D
PAN No.: [Permanent Account No.]	AAFCS2108F
Legal Form :	Private Limited Liability Company
Line of Business :	Trading of Electronics Goods.
No. of Employees:	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (42)

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

Maximum Credit Limit :	USD 101000
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. Trade relations are reported as fair. Business is active. Payments are reported to be slow but correct. 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 :	Jairam Dass Sah Road, Malsalami, Patna City, Patna– 800008, Bihar, India
Tel. No.:	91-612-2641818
Fax No.:	Not Available
E-Mail :	ramanprakash@rediffmail.com

DIRECTORS

AS ON 29.09.2012

Name :

Mr. Hira Lall Sah

Designation :

Chairman

Address :

Sree Behariji Mills, Malsalami, Patna City, Patna-800008, Bihar, India

Date of Birth/Age :

18.02.1934

Date of Appointment :

01.06.1993

DIN No :

00434375

Name :

Mr. Om Prakash Sah

Designation :

Managing Director

Address :

Sree Behariji Mills, Malsalami, Patna City, Patna-800008, Bihar, India

Date of Birth/Age :

17.06.1952

Date of Appointment :

01.06.1993

DIN No :

00434434

Other Directorship :

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U15310BR1940PTC002905	SREE BEHARIJI MILLS PRIVATE LIMITED	Whole-time director	01-09-08	01-06-93	Active	NO
2	U00211BR1999PTC008811	LV COMMERCIAL PRIVATE LIMITED	Director	23-04-99	23-04-99	Active	NO
3	U91110BR1926NPL000023	BIHAR CHAMBER OF COMMERCE	Director	28-12-10	28-12-10	Active	NO

Name :

Mr. Vivek Sah

Designation :

Whole Time Director

Address :

Sree Behariji Mills, Malsalami, Patna City, Patna-800008, Bihar, India

Date of Birth/Age :

29.08.1978

Date of Appointment :

15.03.2008

DIN No :

00405787

Other Directorship :

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U15300BR2002PTC009844	BANKE BEHARI FOODS PRIVATE LIMITED	Director	11-06-02	11-06-02	Active	NO
2	U15310BR1940PTC002905	SREE BEHARIJI MILLS PRIVATE LIMITED	Whole-time director	01-09-08	15-03-08	Active	NO

Name :

Mr. Raman Prakash Sah

Designation :

Whole-Time Director

Address :

Sree Behariji Mills, Malsalami, Patna City, Patna-800008, Bihar, India

Date of Birth/Age :

13.01.1954

Date of Appointment :

01.06.1993

DIN No :

00434553

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U15310BR1940PTC002905	SREE BEHARIJI MILLS PRIVATE LIMITED	Whole-time director	01-09-08	01-06-93	Active	NO
2	U00211BR1999PTC008811	LV COMMERCIAL PRIVATE LIMITED	Director	23-04-99	23-04-99	Active	NO
3	U24240BR2007PTC013329	LAXMIVINAYAK VENTURES PRIVATE LIMITED	Director	18-12-07	18-12-07	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 29.09.2012

NOTE: SHAREHOLDING DETAILS FILE ATTACHED.

AS ON 29.09.2012

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	99.00
Other top fifty shareholders	1.00
TOTAL	100.00

BUSINESS DETAILS

Line of Business :

Trading of Electronics Goods.

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

• HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai-400013, Maharashtra, India
• Bank of India, Patna City, Patna, Bihar-800008, India

Facilities :

Secured Loan	As on 31.03.2012 [Rs. in Millions]	As on 31.03.2011 [Rs. in Millions]
From HDFC Bank Limited , Patna City In Cash Credit Account	40.300	41.502
TOTAL	40.300	41.502

Banking Relations :	--
Auditors :
Name :	P. Agrawal and Company Chartered Accountants
Address :	CH-1, Road No. 26, S.K. Nagar, Patna-800001, Bihar, India
PAN No:	AADFP3769N
Associates :	Banke Behari Foods Private Limited Laxmivinayak Ventures Private Limited

CAPITAL STRUCTURE

AS ON 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
40000	Equity Shares	Rs.100/- each	Rs.4.000 Millions
10000	Preferences Shares	Rs.100/- each	Rs.1.000 Million
	TOTAL		Rs.5.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
23982	Equity Shares	Rs.100/- each	Rs.2.398 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		2.398	2.398	2.398
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		22.855	17.274	10.828
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		25.253	19.672	13.226
LOAN FUNDS
1] Secured Loans		40.300	41.503	4.870
2] Unsecured Loans		117.449	35.447	20.740
TOTAL BORROWING		157.749	76.950	25.610
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		183.002	96.622	38.836
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.959	1.124	0.930
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.005	0.005	0.005
DEFERREX TAX ASSETS		0.067	0.060	0.058
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	24.954	45.618	11.558
	Sundry Debtors	62.914	60.757	18.245
	Cash & Bank Balances	21.763	4.918	3.313
	Other Current Assets	0.021	0.210	0.000
	Loans & Advances	85.904	3.992	6.165
Total Current Assets		195.556	115.495	39.281
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	11.205	17.803	0.060
	Other Current Liabilities	2.380	0.426	0.343
	Provisions	0.000	1.832	1.035
Total Current Liabilities		13.585	20.062	1.438
Net Current Assets		181.971	95.433	37.843
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		183.002	96.622	38.836

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	NA		472.487
		Other Income	NA		2.074
		TOTAL (A)	NA	1041.688	474.561
Less	EXPENSES
		Expenses on Employees	NA		4.905
		Cost of Goods Sold			463.723
		Other Expenses			2.679
		TOTAL (B)	NA	1039.117 [Including Financial Expenses and Depreciation]	471.307
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		NA		3.254
Less	FINANCIAL EXPENSES (D)				1.065
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		3.248		2.189
Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.283		0.227
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		2.965	2.571	1.962
Less	TAX (H)		2.042	0.794	0.607
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		0.923	1.777	1.355
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		NA	1.990	0.635
	BALANCE CARRIED TO THE B/S		NA	3.767	1.990
	Earnings / (Loss) Per Share (Rs.)		38.49	74.08	56.53

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	NA	0.17	0.29
Net Profit Margin (PBT/Sales)	(%)	NA	NA	0.42
Return on Total Assets (PBT/Total Assets}	(%)	1.51	2.20	4.87
Return on Investment (ROI) (PBT/Networth)		0.12	0.13	0.15
Debt Equity Ratio (Total Debt/Networth)		6.25	3.91	1.94
Current Ratio (Current Asset/Current Liability)		14.39	5.76	27.32

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 two 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)	No
21]	Market information	--
22]	Litigations that the firm / promoter involved in	--
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	--
26]	Buyer visit details	--
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	PAN of Proprietor/Partner/Director, if available	No
32]	Date of Birth of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

FINANCIAL RESULTS:

The working of the company for the year shows a net profit of Rs.2.965 Millions after providing depreciation amounting to Rs.0.283 Million and net profit current income tax of Rs.0.923 Million. Deferred tax Rs. (0.007 Million) and earlier year income tax Rs.0.039 Million is comes to Rs.2.010 Millions.

Due the year the company has carried on trading activities of Electronic Goods and getting adequate response from the market. The working of the company during the year was satisfactory and the director expecting better response in the coming year.

Unsecured Loan	As on 31.03.2012 [Rs. in Millions]	As on 31.03.2011 [Rs. in Millions]
From Directors	27.037	21.697
From Bodies Corporate	90.412	13.750
TOTAL	117.449	35.447
NOTE: Unsecured loan from bodies corporate are taken from the companies which are not required to mention in the register maintained in the section 301 of the companies act, 1956

BANKERS CHARGES REPORT AS PER REGISTRY

This form is for	Modification of charge
Charge identification number of the modified	10265054
Corporate identity number of the company	U15310BR1940PTC002905
Name of the company	SREE BEHARIJI MILLS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	Jairam Dass Sah Road, Malsalami, Patna City, Patna– 800008, Bihar, India
Type of charge	Book Debts Movable Property [not being pledge] Floating Charge Immovable Property
Particular of charge holder	HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai-400013, Maharashtra, India Email: rbbform8@hdfcbank.com
Nature of description of the instrument creating or modifying the charge	a] Supplementary Letter of Hypothecation. b] Memorandum Recording Past Transaction of Creation of Mortgage by Delivery of Title Deeds. [Collectively constitute a single charge for Rs.100.000 Millions].
Date of instrument Creating the charge	28.03.2012
Amount secured by the charge	Rs.100.000 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest Interest at the rate as may be communicated by the Bank from time to time. Terms of Repayment On Demand. Margin As may be stipulated by the Bank from time to time. Extent and Operation of the charge [a] Hypo by way of First Charge on Co's Stock and Book Debts, to secure as a continuing security as stated in Column No.15 below, [b] The Company accorded and gave oral consent to Bank to continue to hold and retain the title deeds [by way of Constructive delivery] in respect of its immovable properties as stated under Item No.15 below, as security for repayment of Rs.100.000 Millions together with principal, interest, liquidated damages, costs, charges and expenses.
Short particulars of the property charged	Stock in Trade, consisting of raw materials, goods in process of manufacturing finished goods, and other merchandise whatsoever being movable properties. All the debts, that is, all the book debts, outstanding, monies receivables, claims, bills, invoice documents, contracts, guarantees, and rights Immovable property being situated at Plot No. 1311 and 1337, Jay Ram Das Sah Road, Bharatpur Simli, Malsalami, Patna City.
Date of latest modification prior to the present modification	05.04.2011
Particulars of the present modification	The charge shall now stand increased from Rs.50.000 Millions to Rs.100.000 Millions in favour of the Bank against the security of stocks, book debts and immovable properties being lying and situate at Plot No. 1311 and 1337, Jay Ram Das Sah Road, Bharatpur Simli, Malsalami, Patna City.

CONTINGENT LIABILITIES:

Particulars	As on 31.03.2012 [Rs. in Millions]	As on 31.03.2011 [Rs. in Millions]
Contingent Liabilities not Provided in respect of :-
Partly paid ordinary Shares	0.001	0.001
Claims against the company not acknowledges as debts	0.312	0.312
Contested demand of Dy. Commissioner Commercial taxes, Patna City in respect of additional tax of the year 1984-85/85-86 was subjudiced and stayed by honorable High Court, Patna, adjustment pending till court order.	1.082	1.082
TOTAL	1.395	1.395

FIXED ASSETS:

• Land
• Building (Including Houses)
• Furniture And Fittings
• Other fixed Assets
• Vehicles
• Generator
• Computer

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.54.39
UK Pound	1	Rs.82.32
Euro	1	Rs.69.54

INFORMATION DETAILS

Report Prepared by :

TPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	4
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		42

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.