MIRA
INFORM REPORT
|
Report Date : |
8th
June 2006 |
IDENTIFICATION
DETAILS
|
Name : |
GALA CORPORATION FZE |
|
|
|
|
Registered Office : |
61164, Dubai United Arab Emirates |
|
|
|
|
Country : |
United Arab Emirates |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
Status : |
Undetermined
|
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
COMPANY NAME
GALA CORPORATION FZE
ADDRESS
Physical Address
PO Box : 61164
Town : Dubai
Country : United Arab Emirates
Telephone : (971-4) 2294452
Facsimile : (971-4) 2294452
Mobile : (971-50) 3977318
Email : info@galacorp.in
GENERAL COMMENTS
Upon investigation local sources were unable to locate a company called “Gala Corporation FZE” in Dubai. They also consulted local business directories and journals, as well as the local telephone operator however there was no mention of the subject of your enquiry.
Enquiries made with the Dubai Chamber of Commerce also proved unsuccessful as they had no listing under the name of “Gala Corporation FZE”.
Local informants report that the telephone/fax number provided remained constantly unobtainable and that the mobile number located an Indian national who refused to give his name but did divulge the following email address: info@galacorp.in which is obviously for a company registered in India.
Should you be able to provide us with any further information on the subject of your enquiry we shall re-investigate and endeavour to send you a full report as soon as possible.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |