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According to IFC website, the IFC investment would fund (i) the incremental working capital needs due to the impact of COVID-19; and (ii) any potential shortfall in cash flow generation for planned and future capital expenditures.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | JK PAPER LIMITED | Client | - |
JK Paper Limited
Mr. V. Kumaraswamy
Chief Finance Officer
+91 11 30179510
vkmr@jkmail.com
JK Paper Limited, Nehru House, 4 Bahadur Shah Zafar Marg, New Delhi 110002, India
www.jkpaper.com
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/