MIRA INFORM REPORT

Report Date :

05.05.2011

IDENTIFICATION DETAILS

Name :	ASTHA INTERNATIONAL DI ATUL SEKHAWAT

Registered Office :	Via Del Castagnone,7, 15048- Valenza (AL)-IT

Country :	Italy

Date of Incorporation :	25.09.1998

Com. Reg. No.:	AL-1998-27046 since 23/10/1998

Legal Form :	Sole proprietorship

Line of Business :	Wholesale of clocks, watches and jewellery

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 :	Ceased

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 – June 30, 2010

Country Name

Previous Rating

(01.04.2010)

Current Rating

(30.06.2010)

Italy

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

Company name and address

Astha International di Atul Sekhawat

Via Del Castagnone, 7,

15048- Valenza (AL) -IT-

Summary

Fiscal Code	:	SKHTLA64L05Z222F
Legal Form	:	Sole proprietorship
start of Activities	:	25/09/1998
Firm's Status	:	Ceased

Activity

Wholesale of clocks, watches and jewellery

Legal Data

Legal Form : Sole proprietorship

Fiscal Code : SKHTLA64L05Z222F

Foreign Trade Reg. no. : AL019310 since 08/11/1999

Foreign Trade Reg. no. : 019310 of Alessandria since 08/11/1999

Chamber of Commerce no. : 201402 of Alessandria since 15/10/1998

Firms' Register : AL-1998-27046 since 23/10/1998

V.A.T. Code : 01806950067

Start of Activities : 25/09/1998

Members

Sekhawat

Atul

Born in Indore

on 05/07/1964

- Fiscal Code : SKHTLA64L05Z222F

Residence :

Via

Degli Odescalchi

, 21

- 20100

Milano

(MI)

- IT -

Position	Since	Shares Amount	% Ownership
Proprietor

No Protests registered

Companies connected to members *

*checkings have been performed on a national scale.

In this module the companies in which members hold/held positions are listed.

The Members of the subject firm are not reported to be Members in other companies.

Firm's location and structure

Legal and operative seat

Via

Del Castagnone

, 7

- 15048

- Valenza

(AL)

- IT -

Trading Style: ASTHA INTERNATIONAL

PHONE

: 0131/950201

Historical Information and/or Firm's Status

CEASINGS/INCORPORATIONS/MERGES:

The firm is ceased.

Date

: 18/12/2006

Immovables *

*Subject to survey.

None reported in the name of the Firm.

Remarks

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

SOURCES

Our Company collects data from public registers, lists, archives or contained in Acts and/or documents (held by the National Chamber of Commerce or Immovables Territorial Agency), users, reporters or however generally accessible (for example, from categorical lists, statistical institutes, press reports and from public inspection internet sites).

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.99
UK Pound	1	Rs.73.23
Euro	1	Rs.62.80

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.