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Report Date : |
28.02.2012 |
IDENTIFICATION DETAILS
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Name : |
JISL
SYSTEMS SA |
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Registered Office : |
C/o Fiduciaire Y.
Lanoir & Cie Rue
Saint-Honoré 3 2000 Neuchâtel |
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Country : |
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Date of Incorporation : |
06.03.2008 |
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Com. Reg. No.: |
290.3.016.099-8 / 902200 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Financial services |
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No. of Employees : |
Not Available |
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 : |
Domiciled Company |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
JISL Systems SA
Operating address:
c/o Fiduciaire Y. Lanoir & Cie
Rue Saint-Honoré 3
2000 Neuchâtel
Switzerland/CH
Telephone: 032
7290909
Fax: 032
7290905
Web site: http://www.jains.com
VAT-No.: CHE114119085
Established: 2008
History: The Corporation has
multi product industrial profile and manufacturers of Drip and Sprinkler
Irrigation Systems and Components; PVC, Polyethylene (HDPE, MDPE) &
Polypropylene Piping Systems; Plastic Sheets (PVC & PC sheets); Agro
Processed Products includes Dehydrated Onions and Vegetables; Processed Fruits
(Purees, Concentrates & Juices); Tissue Culture, Hybrid & Grafted Plants;
Greenhouses, Poly and Shade Houses; Bio-fertilizers; Green Energy includes
Solar Photovoltaic (Solar lighting and appliances, Solar pumping systems),
Solar water heating systems and Bio-Energy sources.
Line
of Business: Financial services
Industry
Division: Services
Industry-code (NACE): 6499 Other financial service activities,
except insurance and pension funding n.e.c.
6420 Activities of holding companies
Banks: unknown
Coverage: Company
Employees: 0
The business activities includes the
acquisition of participations at home and abroad, as well as other financial
services.
Information on property ownership was not
available.
Company
No: 290.3.016.099-8 /
902200
Legal
form: Company limited
by shares
Registration: 06.03.2008
Legal
status: active
Responsible
Register: Registre du commerce du
canton de Neuchâtel (since 05.05.2009)
Auditor: Roger Voirol Fiduciaire
S.A. (CH-645-4102484-8), Neuchâtel
History: Date of Incorporation
Statutes: 29.02.2008
Date of
Statutes: 22.04.2009
Entry Deleted Name
05.05.2009 JISL
Systems SA
05.05.2009 JISL
Systems Ltd. (Name translated)
05.05.2009 JISL
Systems AG (Name translated)
05.05.2009 JISL Schweiz AG
05.05.2009 JISL Suisse SA (Name translated)
05.05.2009 JISL Switzerland Ltd. (Name translated)
Entry Deleted Legal domicile
05.05.2009 Neuchâtel,
Switzerland
05.05.2009 Neuhausen am Rheinfall, Switzerland
Entry Deleted Address
05.05.2009 c/o
Fiduciaire Y. Lanoir & Cie, Rue Saint-Honoré 3, 2000 Neuchâtel/NE,
Switzerland/CH
05.05.2009 c/o OBT AG, Rheinweg 9, 8200 Schaffhausen/SH,
Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 300'000, paidup CHF 300'000
Entry Deleted Capital Structure
active 300
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
05.05.2009 Prise
de participations dans d'autres sociétés suisses ou étrangères, achat, vente et
gestion de titres de participations, de licences, de brevets, et de tout autre
droit; toutes activités financières dans ces domaines; acquérir, vendre et
administrer des biens meubles ou immeubles.
05.05.2009 Erwerben, Halten, Verwalten und Veräussern von
Beteiligungen sowie Erbringen und Durchführen von Finanz- und
Verwaltungsgeschäften und damit verbundener Dienstleistungen aller Art im In-
und Ausland, vor allem in der Schweiz.
Entry Deleted Remarks (original Language)
active Publishing
authority: Feuille officielle suisse du commerce.
05.05.2009 Reports:
Feuille officielle suisse du commerce, lettre recommandée, téléfax ou courrier
électronique adressé à chaque actionnaire.
Title Name
President Ajit Jain, Origin:
India, Address: Jalgaon, India, single signature
Executive
Director Yves
Lanoir , Origin: Cornol, Switzerland, Address: Vaumarcus, Switzerland, single
signature, Registered since: 05.05.2009
Executive
Director Avdhut
Ghodgaonkar , Origin: India, Address: Jalgaon, India, joint signature of two
Name: Jain Irrigation
Systems Limited
City/Country: Jalgaon, India/IN
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: Jain Irrigation Systems
Limited
City/Country: Jalgaon, India/IN
Interest: 100.00% voting right,
100.00% capital interest
Name: JISL Global SA
City/Country: Neuchâtel, Switzerland/CH
Name: THE Machines Yvonand
SA
City/Country: Yvonand, Switzerland/CH
It is believed that the company has no
investments.
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
There is no telephone number registered for
this company. The company is a domicile or holding company with out any
activities or employees at the address provided. Administration activities are
performed by the representative agent.
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight
into the financial affairs. It is therefore difficult to make a proper
assessment of the actual situation.
Financial
Situation: The company is a
"domiciled" company where local presence is handled by a
representative. As far as can be ascertained the activities are conducted
abroad. No information is available on the financial situation and business
development.
Credit
Opinion: It appears that the
company is not presently active at the domicile. In issuing credit facilities
it is advised that normal business security be obtained e.g. bank guarantee.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.53 |
|
|
1 |
Rs.88.09 |
|
Euro |
1 |
Rs.70.83 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
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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 |
|
<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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.