MIRA INFORM REPORT

Report Date :

15.06.2011

IDENTIFICATION DETAILS

Name :	A B PARADIS LTD

Registered Office :	Suite 13, First Floor Polaji Trade Centre, Francis Rachel Steet, Victoria Mahe

Country :	Seychelles

Date of Incorporation :	Not Available

Legal Form :	International Business Company (IBC)

Line of Business :	----

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	International Business Company

Payment Behaviour :	----

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 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Seychelles

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Bottom of Form

REGISTERED NAME & COMPANY SUMMARY

COMPANY REPORTED:	A B PARADIS LTD
Principal Address:	Suite 13, First Floor Polaji Trade Centre, Francis Rachel Steet, Victoria Mahe, Seychelles
Telephone:	+248 324 866
Fax:	+248 324 867
Email:	None
Internet:	None
Legal Form:	International Business Company (IBC)
Stock Listing:	Not Listed
Workforce:	2010
	None
Office & Factories
Head offices	Suite 13, First Floor, Oliaji Trade centre, Francis Rachel Street, Victoria
Branches	None

CREDIT RECOMENDATION

Current Credit Limit: No credit limit recommended.

DIRECTORS/MANAGEMENT

Management/ Directors

Not Indicated

NEGATIVE INFORMATION

SHARE & SHARE CAPITAL INFORMATION

Company Profile:
Paid in Capital	SCR. 30,000
Subscribed Capital	SCR. 30,000
Shareholders
Name	Position	Amount	Ratio
Information not Availed	Directors
Mossack Fonsecka	Trustee
Total			100.00%

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

Affiliated Companies

None in Seychelles

FINANCIAL INFORMATION

FOREIGN EXCHANGE RATES

Exchange Rate

US$ 1 = SCR. 12.25

ADDITIONAL INFORMATION

Credit Check of Subject, President & CEO (as of report date)
Payment Morale:	In the documents at our disposal nothing adverse has been shown so far.
CREDIT RATING:	Financial situation could not be ascertained

COMMENTS

This Company is an International Business Company (IBC), which is registered in Seychelles; It is difficult to investigate such a Company due to the Seychelles regulations protecting the non disclosure of the name of the shareholders.

According to Seychelles business regulation, an International Business Company, is under no obligation to state its directors, officers and shareholders, also it’s under no obligation to file annual returns, prepare or submit company accounts to any authority.

The company is incorporated with an agent who is also the legal officer who represents the company. It is difficult to investigate due to the Seychelles regulations protecting the non disclosure of the name of the shareholders.

This company is located in the Seychelles Islands only for taxes purposes; it was difficult to investigate due to the Seychelles regulations protecting the non disclosure of the name of the shareholders.

We recommend secured transaction only

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.77
UK Pound	1	Rs.73.45
Euro	1	Rs.64.55

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	Capability to overcome financial difficulties seems comparatively below average.	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
----	NB	New Business	----

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.