MIRA
INFORM REPORT
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Report Date : |
16.05.2011 |
IDENTIFICATION DETAILS
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Name : |
NIRSAN TRADING LTD. |
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Registered Office : |
Flat B, 11/F., |
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Country : |
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Date of Incorporation : |
13.06.2009 |
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Com. Reg. No.: |
50905317 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Diamond Trader. |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
No operating Office |
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Payment Behaviour : |
--- |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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 |
Company name and address
NIRSAN
TRADING LTD.
Flat B, 11/F.,
Kolwoon,
(Formerly located at:
c/o Dhun’s Management Services Ltd.
7/F., Man On
12-13 Jubilee Street, Central,
Company ADDRESS
Registered
Office:-
Flat B, 11/F.,
BUSINESS REGISTRATION NUMBER
50905317
COMPANY FILE NUMBER
1352441
DATE OF INCORPORATION
13th July, 2009.
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 13-07-2010)
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Name |
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No.
of shares |
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Mrs. Sandhya Kunal BHANSALI |
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10,000 ===== |
DIRECTOR
(As
per registry dated 13-07-2010)
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Name (Nationality) |
Address |
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Mrs. Sandhya
Kunal BHANSALI |
Zaveri No Madh, Mani Nagar, Palanpur, |
SECRETARY
(As
per registry dated 13-07-2010)
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Name |
Address |
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Dhun’s
Management Services Ltd. |
7/F., Man On |
0027006 |
GENERAL
Nirsan
Trading Ltd. was incorporated on 13th July, 2009 as a private limited liability
company under the Hong Kong Companies Ordinance.
According
to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary
shares of HK$1.00 each which are wholly-owned by Mrs. Sandhya Kunal
Bhansali who is an Indian businesswoman.
She is also the only director of the subject. Bhansali is an
The
subject does not have its own operating office.
Its registered office is located at Flat B, 11/F., Star Mansion, 3
Middle Road, Tsimshatsui, Kolwoon, Hong Kong where Star Mansion is a
private building. It is likely that
Bhansali resides at the above-mentioned address when she is in
The
subject’s telephone number and fax number have not registered with local
telephone company nor listed on telephone directories. It is likely that Bhansali can be reached at
her mobile phone number 6524 4516.
However, when we tried to reach her, her mobile phone had been turned
off.
Formerly,
the subject’s registered address was in a commercial service firm located at
7/F., Man On Commercial Building, 12-13 Jubilee Street, Central, Hong Kong
known as Dhun’s Management Services Ltd. which is handling its correspondences
and documents. Dhun’s Management
Services Ltd. is also the corporate secretary of the subject. The subject moved to the present address with
effect from 2nd December, 2009. However,
Dhun’s Management Services remains to be its corporate secretary.
The
subject has no employees in
It
is likely that the subject has got an associated company in
It
is likely that the subject is a diamond trader.
Most of the commodities are imported from
The
history of the subject in
On
the whole, since the subject does not have its own operating office and has no
employees in
COURT CASES
None per our.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.91 |
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1 |
Rs.73.06 |
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Euro |
1 |
Rs.64.03 |
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.