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MIRA
INFORM REPORT
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Report Date : |
1st
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
K S
BHATIA (SUNNY BHATIA – FULL NAME KULDEEP SINGH BHATIA) |
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Registered Office : |
126/33,
F Block, Govind Nagar, Kanpur – 208 006, Uttar Pradesh, India |
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Country : |
India |
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Financials (as on) : |
31.03.2006 |
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Date of Incorporation : |
2007
just negotiating – once the matter is settled then name of the firm will be
decided. |
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Legal Form : |
Sole
Proprietory Concern |
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Line of Business : |
Trader
and Importer of Battery Separator. |
RATING & COMMENTS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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Status : |
Undetermined
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Comments : |
Subject
is negotiating on personal capacity. It’s financial capacity and performance
cannot be derived. It can be considered for any business dealings on safe and
secured trade terms and conditions, initially. |
LOCATIONS
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Registered Office : |
126/33,
F Block, Govind Nagar, Kanpur – 208 006, Uttar Pradesh, India |
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Tel. No.: |
91-512-2655015 |
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Mobile No.: |
91-9839214270 |
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Fax No.: |
91-512-2237883 |
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E-Mail : |
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Area : |
400
sq. meters |
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Location : |
Owned
(Office cum Residence) |
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SOLE PROPRIETOR
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Name : |
Mr.
Kuldeep Singh Bhatia |
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Designation : |
Sole
Proprietor |
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Address : |
126/33,
F Block, Govind Nagar, Kanpur – 208 006, Uttar Pradesh, India |
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Date of Birth/Age : |
23
Years |
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Qualification : |
Graduate
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BUSINESS DETAILS
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Line of Business : |
Trader
and Importer of Battery Separator. |
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Terms : |
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Selling : |
Cash
and Credit at sight basis |
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Purchasing : |
Cash
and Credit at sight basis against documents |
GENERAL
INFORMATION
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Customers : |
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No. of Employees : |
2 |
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Bankers : |
ICICI
Bank Limited, Govind Puri, Kanpur, Uttar Pradesh, India |
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Auditors : |
Not
Appointed |
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Sister Concerns : |
1.
Turbo Centre, Kanpur, Uttar Pradesh, India n
Line
of Business: Authorised dealer for Tata Vehicles 2. Bhatia
Auto Stores, Kanpur, Uttar Pradesh, India n
Line
of Business: Trading of Auto Parts. |
CAPITAL STRUCTURE
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Capital
Investment : |
Not
decided |
FINANCIAL DATA
[all figures are in Rupees
Millions]
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Particulars |
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31.03.2006 |
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Sales Turnover – Turbo Centre |
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0.900 |
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Sales Turnover – Bhatia Auto Stores |
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40.000 |
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LOCAL AGENCY
FURTHER INFORMATION
They are
just negotiating with Brazil parties for battery separator once the deal is
finalized they will established new firm – presently negotiating on personal
capacity.
Trade
References:
- Turbo Centre, Kanpur, Uttar
Pradesh, India
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 records 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.44.17 |
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UK
Pound |
1 |
Rs.86.66 |
|
Euro |
1 |
Rs.57.25 |