MIRA INFORM
REPORT
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Report Date : |
23.08.2011 |
IDENTIFICATION DETAILS
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Name : |
NISHA
INTERNATIONAL NETWORK LTD. |
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Registered Office : |
c/o Hmgc Corporate
Practice Ltd., Room 406B, 4/F., Mirror Tower, 61 Mody Road, Tsimshatsui East,
Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
16.03.2006 |
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Com. Reg. No.: |
37595561 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
subject is engaged in Jewellery and diamond trading, Commission agent, Mobile phones and electronic products and Other products as entrusted by customers |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
No Operating Office |
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Payment
Behaviour : |
Unknown |
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Litigation : |
---- |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Hong Kong |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Bottom of Form
Company name
NISHA INTERNATIONAL
NETWORK LTD.
Company ADDRESS
Registered Office:-
c/o Hmgc Corporate Practice Ltd.
Room 406B, 4/F., Mirror Tower, 61 Mody Road, Tsimshatsui East, Kowloon, Hong Kong.
[Tel: 3749 9221; Fax: 3747 5784]
Associated Company:-
Irony (Hong Kong) Ltd., Hong Kong. (Same address)
BUSINESS REGISTRATION NUMBER
37595561
COMPANY FILE NUMBER
1030828
DATE OF INCORPORATION
16th March, 2006.
CAPITAL
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
SHAREHOLDER
(As per registry
dated 16-03-2009)
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Name |
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No. of shares |
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Ramjee Prasad PAUDEL |
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10,000 ===== |
DIRECTOR
(As per registry dated
16-03-2009)
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Name (Nationality) |
Address |
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Ramjee Prasad PAUDEL |
2/F., 1-3 Swatow Street, Wanchai, Hong Kong. |
SECRETARY
(As per registry
dated 16-03-2009)
|
Name |
Address |
|
Tika Devi PAUDEL |
2/F., 1-3 Swatow Street, Wanchai, Hong Kong. |
GENERAL
Nisha International Network Ltd. was incorporated on 16th March, 2006 as a private limited liability company under the Hong Kong Companies Ordinance.
The subject does not have its own operating office. Its registered office is in a commercial service firm located at Room 406B, 4/F., Mirror Tower, 61 Mody Road, Tsimshatsui East, Kowloon, Hong Kong known as Hmgc Corporate Practice Ltd. [Hmgc] which is handling its correspondences and documents.
Formerly Hmgc was located at Room 905, 9/F., Fortune Commercial Building, 362 Sha Tsui Road, Tsuen Wan, New Territories, Hong Kong, moved to the present address with effect from 2nd November, 2009. So did the subject.
The subject’s operating address is unknown. It is likely that the subject has no employees in Hong Kong.
According to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary share of HK$1.00 which are wholly owned by Mr. Ramjee Prasad Paudel who is residing in Hong Kong. He is also the director of the subject. Paudel is a Hong Kong ID Card holder and has got the right to reside in Hong Kong permanently. To our knowledge, Paudel is also the director of Irony (Hong Kong) Ltd. which is a Hong Kong-registered company. Irony (Hong Kong) Ltd. is also located at the above-mentioned address.
The subject’s lines of business are unknown since the secretarial firm declined to divulge any information about it. Paudel cannot be reached although he is residing in Hong Kong. However, from indirect sources, the subject is engaged in the following business scope:-
· Jewellery and diamond trading
· Commission agent
· Mobile phones and electronic products
· Other products as entrusted by customers
The history of the subject in Hong Kong is over five years and five months.
Since the subject does not have its own operating office and has no employees in Hong Kong, background is unknown to us, consider it good for business engagements on secured terms.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.95 |
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UK Pound |
1 |
Rs.75.76 |
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Euro |
1 |
Rs.66.01 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.