MIRA
INFORM REPORT
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Report Date : |
29.12.2011 |
IDENTIFICATION DETAILS
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Name : |
KNOWLEDGEWOODS CONSULTING PRIVATE LIMITED |
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Registered
Office : |
29/601, East End Apartment, Mayur Vihar Phase-1 Extn, |
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Country : |
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Financials (as
on) : |
31.03.2008 |
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Date of
Incorporation : |
28.05.2007 |
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Com. Reg. No.: |
55-164041 |
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Capital Investment
/ Paid-up Capital : |
Rs.0.100 Millions |
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CIN No.: [Company Identification
No.] |
U74120DL2007PTC164041 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is an International Project Management
Training and Consulting Company. |
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No. of Employees
: |
Information Declined by the management. |
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 : |
Poor corporate Governance |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
The management has not filed the finacials of the company with the
government departments after the year 2008 which indicates poor corporate
governance. Mr. Tarun Nanda, Assistant Manger denied to disclosed any
information about the company. Payments are unknown. The company can be considered for business dealings on safe and
secured trade terms and conditions. The Profit and Loss Account of the company is not available. |
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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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A1 |
A1 |
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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 |
INFORMATION DECLINED BY
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Name : |
Mr. Tarun Nanda |
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Designation : |
Assistant Manager |
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Date : |
26.12.2011 |
LOCATIONS
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Registered Office : |
29/601, East End Apartment, Mayur Vihar Phase-1 Extn, |
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Tel. No.: |
Not Available |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
DIRECTORS
As on 29.09.2008
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Name : |
Mr. Mohit Vijay Sharma |
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Designation : |
Director |
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Address : |
29/601, East End Apartments, Mayr Vihar, Phase – I Extension, |
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Date of Birth/Age : |
02.10.1979 |
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Date of Appointment : |
28.05.2007 |
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DIN No.: |
01462692 |
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Name : |
Mr. Bhaskar Deb Hiren Deb Chowdhury |
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Designation : |
Director |
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Address : |
C-40, Sector – 19, Noida Guatum Budha Nagar, |
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Date of Birth/Age : |
09.01.1981 |
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Date of Appointment : |
28.05.2007 |
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DIN No.: |
01462918 |
KEY EXECUTIVES
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Name : |
Mr. Tarun Nanda |
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Designation : |
Assistant Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 29.09.2008
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Names of Shareholders |
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No. of Shares |
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Mohit Vijay Sharma |
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5000 |
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Bhaskar Deb Hiren Deb Chowdhury |
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5000 |
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Total |
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10000 |
As on 29.09.2008
Equity Share Break up (Percentage of Total Equity)
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Category |
Percentage |
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Foreign holdings( Foreign institutional investor(s),
Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s)
or Overseas Corporate bodies or Others |
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Bodies corporate |
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Directors or relatives of Directors |
100.00 |
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Other top fifty shareholders |
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Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Subject is an International Project Management
Training and Consulting Company. |
GENERAL INFORMATION
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Customers : |
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No. of Employees : |
Information Declined by the management. |
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Bankers : |
Syndicate Bank, Sector – 18, Main Branch, Noida – 203001, |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Mahalwala and Company Chartered Accountants |
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Address : |
F-68, First Floor, East of Kailash, |
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Tel. No.: |
91-11-26435480 |
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PAN.: |
AAGFM0928F |
CAPITAL STRUCTURE
As on 30.09.2008
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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50000 |
Equity Shares |
Rs.10/- each |
Rs.0.500 Millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100
Millions |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
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31.03.2008 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
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0.100 |
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2] Share Application Money |
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0.000 |
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3] Reserves & Surplus |
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0.010 |
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4] (Accumulated Losses) |
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0.000 |
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NETWORTH |
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0.110 |
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LOAN FUNDS |
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1] Secured Loans |
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0.000 |
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2] Unsecured Loans |
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0.052 |
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TOTAL BORROWING |
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0.052 |
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DEFERRED TAX LIABILITIES |
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0.000 |
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TOTAL |
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0.162 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
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0.000 |
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Capital work-in-progress |
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0.000 |
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INVESTMENT |
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0.000 |
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DEFERREX TAX ASSETS |
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0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
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0.000 |
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Sundry Debtors |
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0.170 |
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Cash & Bank Balances |
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0.042 |
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Other Current Assets |
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0.045 |
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Loans & Advances |
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0.000 |
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Total
Current Assets |
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0.257 |
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Less : CURRENT
LIABILITIES & PROVISIONS |
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Sundry Creditors |
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Other Current Liabilities |
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Provisions |
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Total
Current Liabilities |
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0.095 |
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Net Current Assets |
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0.162 |
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MISCELLANEOUS EXPENSES |
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0.000 |
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TOTAL |
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0.162 |
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KEY RATIOS
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PARTICULARS |
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31.03.2008 |
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Debt Equity Ratio (Total Liability/Networth) |
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1.34 |
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Current Ratio (Current Asset/Current Liability) |
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2.71 |
LOCAL AGENCY FURTHER INFORMATION
FORM 8
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Corporate identity number of the company |
U74120DL2007PTC164041 |
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Name of the company |
KNOWLEDGEWOODS CONSULTING PRIVATE LIMITED |
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Address of the registered office or of the principal place of business in |
C-103, East End Apartment, Mayur Vihar Phase-1 Extension, New Delhi –
110096, India E-mail : mohitz@rediffmail.com |
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This form is for |
Creation of charge |
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Type of charge |
Clean overdraft |
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Particular of charge holder |
Syndicate Bank, Sector-18, Main Branch, Noida – 203001, E-mail : rajeshseema_2001@rediffmail.com
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Nature of instrument creating charge |
As per the general agreement |
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Date of instrument Creating the charge |
27.11.2010 |
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Amount secured by the charge |
Rs.0.500 Millions |
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Brief of the principal terms an conditions and extent and operation of
the charge |
Rate of interest PLR Plus 5% Terms of repayment As per general agreement Margin As per general agreement Extent and operation of the charge As per general agreement |
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Short particulars of the property or asset(s) charged (including
complete address and location of the property) |
Clean Overdraft |
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.53.21 |
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|
1 |
Rs.83.32 |
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Euro |
1 |
Rs.69.51 |
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 report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.