MIRA INFORM REPORT

Report Date :

30.12.2014

IDENTIFICATION DETAILS

Name :	TENON PROPERTY SERVICES PRIVATE LIMITED
Registered Office :	Plot No. 13, Sector – 18, Electronic City, Gurgaon – 122015, Haryana
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	27.11.2007
Com. Reg. No.:	05-037415
Capital Investment / Paid-up Capital :	Rs.19.632 Millions
CIN No.: [Company Identification No.]	U45400HR2007PTC037415
TIN No.:	Not Available
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	Not Available
Legal Form :	Private Limited Liability Company
Line of Business :	Providing Integrated Facility Management Services.
No. of Employees :	100 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (51)

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

Maximum Credit Limit :	USD 660000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. As per Registrar of companies the date of Balance sheet i.e. Financials filed is shown as 31^st March, 2014 but the documents related to the financials for the year 2014 are not available from any sources. As per available financial of 2013, Financial position of the company seems to be decent. Trade relations are fair. Business is active. Payment terms are reported to be usually correct. The company can be considered 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 – September 30, 2014

Country Name	Previous Rating (30.06.2014)	Current Rating (30.09.2014)
India	A1	A1

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

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long Term Rating = BBB
Rating Explanation	Have moderate degree of safety and carry moderate credit risk
Date	25.02.2014

Rating Agency Name	CRISIL
Rating	Short Term Rating = A3+
Rating Explanation	Have moderate degree of safety and carry higher credit risk
Date	25.02.2014

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 31-03-2014.

INFORMATION PARTED BY

Name :	Mr. Raman Kumar Mishra
Designation :	Accounts Manager
Contact No.:	91-8800203535
Date :	29.12.2014

LOCATIONS

Registered Office :	Plot No. 13, Sector – 18, Electronic City, Gurgaon – 122015, Haryana, India
Tel. No.:	91-124-4004321
Mobile No.:	91-8800203535 (Mr. Raman Kumar Mishra)
Fax No.:	91-124-4019776 / 4019770
E-Mail :	sushant.more@tenonservices.com
Website :	http://tenonservices.com
Corporate Office / Branch Office 1 :	110, 27^th Main, HSR Layout, Sector 2 , Bangalore – 560034, Karnataka, India
Branch Office 2 :	Plot No. 301, SCO Complex, Sector – 29, Gurgaon – 122002, Haryana, India

DIRECTORS

As on 30.09.2014

Name :

Mr. Manjit Rajain

Designation :

Director

Address :

G - 32, South City - I, Gurgaon, 122001, Haryana, India

Date of Appointment :

27.11.2007

DIN No.:

00929309

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	U74899DL1995PTC074335	MICRO-AZURE COMPUTERS PRIVATE LIMITED	Director	11/04/2003	11/04/2003	-	Active	NO
2	U74999DL2005PTC140675	FIRST RESPONSE EMERGENCY SERVICES PRIVATE LIMITED	Director	13/09/2005	13/09/2005	-	Strike off	NO
3	U55101DL2006PTC150815	EASTERN STAR HOTELS AND RESORTS PRIVATE LIMITED	Director	10/07/2006	10/07/2006	-	Active	NO
4	U74920DL2005PLC133323	PEREGRINE SECURA LIMITED	Director	01/12/2006	01/12/2006	-	Strike off	NO
5	U74920DL2003PTC122546	PEREGRINE GUARDING PRIVATE LIMITED	Director	01/02/2007	01/02/2007	17/06/2008	Active	NO
6	U74140DL2007PTC166552	ADL MANAGEMENT CONSULTANTS PRIVATE LIMITED	Director	02/08/2007	02/08/2007	-	Strike off	NO
7	U32204HR2007PTC037159	QUORAM AUXILIARY SERVICES PRIVATE LIMITED	Director	24/08/2007	24/08/2007	13/05/2013	Active	NO
8	U45400HR2007PTC037415	TENON PROPERTY SERVICES PRIVATE LIMITED	Director	27/11/2007	27/11/2007	-	Active	NO
9	U93090DL1995PTC066285	PEREGRINE SECURITY PRIVATE LIMITED	Director	01/01/2008	01/01/2008	-	Active	NO
10	U74999DL1996PTC076501	ROTO POWER PROJECTS PRIVATE LIMITED	Managing director	30/06/2009	30/06/2009	-	Active	NO
11	U74120DL2008PTC181122	TENON PROJECT SERVICES PRIVATE LIMITED	Director	30/09/2010	31/12/2009	-	Active	NO
12	U80903HR2012PTC046261	SCAD TRAINING PRIVATE LIMITED	Director	19/06/2012	19/06/2012	-	Active	NO

Name :

Mr. Shawn Runacres

Designation :

Additional Director

Address :

Farmhouse No. 25, Kapashera Estate Kapashera Village, Delhi - 110037, India

Date of Appointment :

20.08.2014

DIN No.:

01733483

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	U95000DL2007PTC162082	DOMESTEQ SERVICE SOLUTIONS PRIVATE LIMITED	Director	16/04/2007	16/04/2007	-	Active	NO
2	U74992DL2007PTC167839	SQN SERVICES PRIVATE LIMITED	Director	06/09/2007	06/09/2007	-	Active	NO
3	U45400HR2007PTC037415	TENON PROPERTY SERVICES PRIVATE LIMITED	Additional director	20/08/2014	20/08/2014	-	Active	NO

Name :

Mr. Sangram Dhar

Designation :

Director

Address :

629/B, Royal Shipra Sun City, Indirapuram, Ghaziabad - 201010, Uttar Pradesh, India

Date of Appointment :

15.11.2011

DIN No.:

02695337

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	U74999DL1996PTC076501	ROTO POWER PROJECTS PRIVATE LIMITED	Director	29/09/2012	15/06/2002	-	Active	NO
2	U45400HR2007PTC037415	TENON PROPERTY SERVICES PRIVATE LIMITED	Director	29/09/2012	15/11/2011	-	Active	NO
3	U93030DL2008PTC181154	TENON SUPPORT SERVICES PRIVATE LIMITED	Director	28/09/2012	15/11/2011	-	Active	NO
4	U74120DL2008PTC181122	TENON PROJECT SERVICES PRIVATE LIMITED	Director	28/09/2012	15/11/2011	-	Active	NO

Name :

Mr. Shashi Vir Singh

Designation :

Director

Address :

House No-1150, Sector-3, Rohtak, Haryana - 124001, , India

Date of Appointment :

15.11.2011

DIN No.:

05124767

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	U45400HR2007PTC037415	TENON PROPERTY SERVICES PRIVATE LIMITED	Director	29/09/2012	15/11/2011	-	Active	NO
2	U93030DL2008PTC181154	TENON SUPPORT SERVICES PRIVATE LIMITED	Director	28/09/2012	15/11/2011	-	Active	NO
3	U74140DL2008PTC180928	TULIP CORPORATE CONSULTANTS PRIVATE LIMITED	Director	30/09/2013	28/09/2012	-	Active	NO
4	U55101DL2006PTC150815	EASTERN STAR HOTELS AND RESORTS PRIVATE LIMITED	Director	27/09/2013	06/02/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Raman Kumar Mishra
Designation :	Accounts Manager

MAJOR SHAREHOLDERS

As on 30.09.2014

Names of Shareholders	No. of Shares	% of Holding
Manjit Rajain	5000	0.25
Urvashi Rajain	5000	0.25
Mortice Limited, Singapore	1953232	99.49
Total	1963232	100.00

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2014

Category	Percentage
Bodies corporate	99.50
Directors or relatives of Directors	0.50
Total	100.00

BUSINESS DETAILS

Line of Business :	Providing Integrated Facility Management Services.
Products / Services :	Integrated Facility Management Services
Brand Names :	--
Agencies Held :	--
Exports :	Not Divulged
Imports :	Not Divulged
Terms :
Selling :	Cheque and Credit
Purchasing :	Cheque and Credit

PRODUCTION STATUS – NOT APPLICABLE

GENERAL INFORMATION

Suppliers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

Customers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

No. of Employees :

100 (Approximately)

Bankers :

Banker Name	Yes Bank
Branch Address	Gurgaon, Haryana, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Facilities :

--

Banking Relations :	--
Auditors :
Name :	Walker Chandiok and Company Chartered Accountants
Address :	L-41, Connaught Circus, New Delhi – 110001, India
PAN No.:	AAAFW4298F
Memberships :	--
Collaborators :	--
Immediate Holding Company :	Mortice Limited
Ultimate Holding Company :	Mancom Holdings Limited
Subsidiary Companies:	Peregrine Guarding Private Limited (PGPL) Tenon Support Services Private Limited (TSS) Tenon Project Services Private Limited (TJS) Roto Power Projects Private Limited (Roto)

CAPITAL STRUCTURE

As on 30.09.2014

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
1963232	Equity Shares	Rs.10/- each	Rs.19.632 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	19.632	19.632	19.632
(b) Reserves & Surplus	210.901	184.308	170.105
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	230.533	203.940	189.737
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.171
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	10.000	10.000	10.000
(d) long-term provisions	4.586	3.507	1.849
Total Non-current Liabilities (3)	14.586	13.507	12.020
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	18.126	12.279	8.905
(c) Other current liabilities	163.671	100.790	95.485
(d) Short-term provisions	1.056	0.357	0.685
Total Current Liabilities (4)	182.853	113.426	105.075
TOTAL	427.972	330.873	306.832
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	16.546	10.105	10.585
(ii) Intangible Assets	0.000	0.019	0.218
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	145.511	145.511	145.511
(c) Deferred tax assets (net)	3.088	4.530	1.193
(d) Long-term Loan and Advances	21.598	1.244	0.554
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	186.743	161.409	158.061
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.107	0.018	0.154
(c) Trade receivables	148.392	80.764	64.751
(d) Cash and cash equivalents	20.588	36.315	27.869
(e) Short-term loans and advances	57.048	48.115	54.083
(f) Other current assets	15.094	4.252	1.914
Total Current Assets	241.229	169.464	148.771
TOTAL	427.972	330.873	306.832

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	701.953	430.327	318.388
		Other Income	NA	NA	NA
		TOTAL	NA	NA	NA
Less	EXPENSES		NA	NA	NA
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		32.563	16.869	4.158
Less	DEPRECIATION/ AMORTISATION		4.527	3.647	3.513
	PROFIT/(LOSS) BEFORE TAX		28.036	13.222	0.645
Less	TAX		1.442	(0.981)	(1.1930
	PROFIT/(LOSS) AFTER TAX		26.594	14.203	1.838
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(131.450)	(145.653)	(147.491)
	BALANCE CARRIED TO THE B/S		(104.856)	(131.450)	(145.653)
	Earnings / (Loss) Per Share (Rs.)		13.55	7.23	0.94

Particulars	31.03.2014
Sales Turnover (Approximately)	920.000

The above information has been parted by Mr. Raman Kumar Mishra

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Net Profit Margin (PAT/Sales)	(%)	3.79	3.30	0.58
Return on Total Assets (PBT/Total Assets}	(%)	10.04	7.31	0.40
Return on Investment (ROI) (PBT/Networth)		0.12	0.06	0.00
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00	0.00
Current Ratio (Current Asset/Current Liability)		1.32	1.49	1.42

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Share Capital	19.632	19.632	19.632
Reserves & Surplus	170.105	184.308	210.901
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	189.737	203.940	230.533
Long Term borrowings	0.171	0.000	0.000
Short Term borrowings	0.000	0.000	0.000
Total borrowings	0.171	0.000	0.000
Debt/Equity ratio	0.001	0.000	0.000

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Sales	318.388	430.327	701.953
		35.158	63.121

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Sales	318.388	430.327	701.953
Profit	1.838	14.203	26.594
	0.58%	3.30%	3.79%

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	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last four 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	Yes
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	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	No
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	Yes

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10422249	19/03/2014 *	80,000,000.00	Yes Bank Limited	9th Floor, Nehru Centre, Discovery Of India, Dr.  Annie Besant Road, Worli, Mumbai, Maharashtra -  400018, India	C03826054

*Date of modification Charges

FIXED ASSETS:

· Land

· Building

· Plant and Machinery

· Computer

· Vehicles

· Furniture and Fixture

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.63.64
UK Pound	1	Rs.98.98
Euro	1	Rs.77.74

INFORMATION DETAILS

Information Gathered by :	SVA
Analysis Done by :	RAS
Report Prepared by :	VNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILITY	1~10	6
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	6
--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
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		51

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.