MIRA INFORM REPORT

Report Date :

10.03.2012

IDENTIFICATION DETAILS

Correct Name :	LO CURCIO STEFANO

Registered Office :	Via Casalini, 153/153A, 90134 - Palermo (PA)

Country :	Italy

Date of Incorporation :	23.02.1975

Legal Form :	Sole Proprietorship

Line of Business :	Subject was mainly engaged in the production of hats

No. of Employees :	Not Available

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 :	Business 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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Italy

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

Company name & address

Lo Curcio Stefano

Via Casalini, 153/153A

90134 - Palermo (PA) -IT-

Summary

Fiscal Code	:	LCRSFN45C04G273H
Legal Form	:	Sole proprietorship
start of Activities	:	23/02/1975
Firm's Status	:	Ceased

Highlights

The firm was mainly engaged in the production of hats.

Activity

Various manufacture and accessories for apparel

Legal Data

Legal Form : Sole proprietorship

Fiscal Code : LCRSFN45C04G273H

Foreign Trade Reg. no. : PA000134 since 08/01/1992

Foreign Trade Reg. no. : 551660 of Palermo

Chamber of Commerce no. : 92057 of Palermo since 24/02/1981

V.A.T. Code : 00812680825

Start of Activities

: 23/02/1975

Members

Lo Curcio

Stefano

Born in Palermo

(PA)

on 04/03/1945

- Fiscal Code : LCRSFN45C04G273H

Position	Since	Shares Amount	% Ownership
Proprietor

The following Protests are registered:

LO CURCIO STEFANO (LCRSFN45C04G273H)

VIA CASALINI N.153/A-B-C-D

- PALERMO

Type	Protest Date	Amount (in Euro)	Amount (in Lire)	Motivo
Protested cheque	03/08/2011	8.060	15.606.336	Lack of funds

LO CURCIO STEFANO (LCRSFN45C04G273H)

VIA CASALINI N.153/A-B-C-D

- PALERMO

Type	Protest Date	Amount (in Euro)	Amount (in Lire)	Motivo
Protested cheque	07/10/2011	5.480	10.610.760

LO CURCIO STEFANO (LCRSFN45C04G273H)

VIA CASALINI N.153/A-B-C-D

- PALERMO

Type	Protest Date	Amount (in Euro)	Amount (in Lire)	Motivo
Protested cheque	04/11/2011	5.480	10.610.760	Lack of funds

Companies connected to members *

*checkings have been performed on a national scale.

In this module are listed the companies in which members hold or have holded positions.

LO CURCIO

STEFANO

Firm's Style	Seat	Fiscal Code	Position	Position Status	Firm's Status
STUDIO AEMME DI LO CURCIO FABRIZIO E C. S.A.S.	Palermo (PA) - IT -	03974930822	Limited Partner	Withdrawn	Ceased

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.

Firm's location and structure

Legal and operative seat

Via

Casalini

, 153/153A

- 90100

- Palermo

(PA)

- IT -

PHONE

: 091/6162371

Historical Information and/or Firm's Status

CEASINGS/INCORPORATIONS/MERGES:

The firm is ceased.

Date

: 31/10/2011

The firm is ceased.

Date

: 30/12/2011

Data Base Prejudicial Events Search

Search performed on a National Scale

Prejudicial Events Search Result: NEGATIVE

Search performed on a specialized data base.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.02
UK Pound	1	Rs.79.00
Euro	1	Rs.66.18

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.

Company name & address

Summary

Highlights

Activity

Legal Data

Members

Companies connected to members *

Firm's location and structure

Historical Information and/or Firm's Status

Data Base Prejudicial Events Search

Unit