Breached Contracts

Contract Number: 1077559770 issued on February 23, 2004, 1:09 pm and became overdue for payment on March 20,2004

Company Name: MCB International
Address: D.B.Z - South 95-A
Shri Agrasen Marg
City: Gandhidham (Kutch) 370 201, Gujrat, India
Contact: Mr. B.M. Gupta
Telephone: 91-2836-222542
Fax: 91-2836-222542

Shipping to MCB International located in Gandhidham (Kutch) 370 201, Gujrat, India

Client ordered 60000 MTW of our material code 200-206 for 4 months at a price of $ 182.00 USD to be unloaded in India - Bombay
Client currently owes $ 43,680,000 USD from March 20,2004 which is a full breech of contract on the initial amount of $ 10,920,000 due on March 20,2004
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: