Breached Contracts


Contract Number: 1073310149 issued on January 11, 2004, 10:13 am and became overdue for payment on March 23,2004

Company Name: GILGOA METAL & MINERAL TRADING (Pty) Ltd
Address: Po Box 270
Waparand 0050
City: Pretoria, South Africa
Contact: Andy Gosling / Managing Director
Telephone: 27 11 465 6630/34
Fax: 27 11 465 4237
Email:


Shipping to UTKAL STEELS LIMITED located in MUMBAI - 400 059 INDIA

Client ordered 100000 MTW of our material code 200-206 for 12 months at a price of $ 128.00 USD to be unloaded in NAVA SHEVA MUMBAI
Client currently owes $ 153,600,000.00 USD from March 23,2004 which is a full breech of contract on the initial amount of $ 12,800,000.0 due on March 23,2004
Client has not made any attempt to settle this debt nor to make any payment thereon and is assumed to be financially insolvent.
Client has made the following comments related to this posting: