Hi Kuber
I work for MicroAPL, the company which developed CFInit.
Unfortunately Freescale stopped funding new development work for CFInit a while ago, so there are no plans to upgrade it to work with CodeWarrior 7.1 or the newer ColdFire chips.
We'll try to keep the existing version working if possible (e.g. with Windows 7 when it's released), but at current we're not planning anything beyond minimal maintenance.
Sorry this isn't more helpful
Simon