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PART - III - Udyog Bandhu

PART - III - Udyog Bandhu

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c. Financial DetailsThe Preliminary Information Memorandum gives the profit and loss account and balance sheetof the company for the last five year.3.1.2 Submission of Expression of InterestAny company / consortium, participating in a privatisation transaction has to submit anExpression of Interest. It is normally submitted along with a statement of legal capacity and alitigation impact statement. It is the responsibility of the applicant to ensure that EOI isdelivered at the prescribed address by the stated deadline. The covering envelope of all EOIssubmitted should be clearly marked "Private and Confidential - Expression of Interest forthe Strategic Sale". Responses received after the deadline or not accompanied by the requireddocumentation are not considered. A company /consortium may be disqualified for anymisrepresentation, failure to provide the required information or if any member has alreadysubmitted a separate EoI.FormatsThe preliminary information memorandum contains the conditions for (a) qualification ofbidders and (b) formats for submitting (i) Expression of Interest (ii) statement of legal capacityand (iii) Request for Qualification (RFQ). Standard formats used for the purpose are enclosedat Annexure II, <strong>III</strong>, IV and V.Detailed contents of EOIsAll EOIs generally include the following information:1. Executive SummaryThis provides a brief description of the company and (where appropriate) of each member inthe consortium, containing details like ownership structure, write up on business history andgrowth, business areas / activities, respective revenue details, etc. It includes a briefcommentary on the capability of the company / consortium, as demonstrated, inter alia, in itspast track record, to run its own business.2. Background Informationa) The ApplicantThe full name, address, telephone and facsimile numbers, e-mail address of the company or ofeach member of the consortium and the names and the titles of the persons who are theprincipal points of contact.b) Basic InformationThis contains the details of the place of incorporation, registered office, current directors, keymanagement personnel and principal shareholders of the company / companies in theconsortium. It also contains a copy of its current Memorandum and Articles of Association andcopies of audited accounts for the last three years of the company / companies in theconsortium.87

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