Panama Papers - Chetan Kapur and Kabir Kapur 1

06
REPUBLICA DE PANAMA
MIN ISTERIO DE ECONOMIA Y FINANZAS

DIRECCION GENERAL DE INGRESOS
NJlF1376275
TASA UNICA ANUAL A LAS SOCIEDADES ANONIMAS Y FUNDACIONES DE INTERES PRIVADO

(ART. 318a DEL COOIGO FISCAL)
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From:
To:
CC:
Date:
Subject:
Attachment(s):
dleon@mossfon.com
Mossfon Trust Corporation
Edison Teano - Mossfon Trust
May 13, 2010, 5:29 PM
FW: Apertura de caso - Chetan Kapur
6
Buenas tardes,
Favor abrir casos as al Lic. Teano:
Jurisdiction:
PMA
Client:
16791 PROSPECTIVE CLIENT
Type of Case:
POSSIBLE CONSTITUTION OF COMPANY
Company/Case Name:
CHETAN KAPUR
Management:
Mossfon Managers
Jurisdiction:
PMA
Client:
Type of Case:
POSSIBLE CONSTITUTION OF FOUNDATION
Company/Case Name:
CHETAN KAPUR
Management:
Mossfon Managers
R: ET
S: DL / AYA
Gracias!
Daniel Len
Mossfon Building
54th Street, Marbella
3rd Floor
P.O. Box 0832-0886, W.T.C. Panama

Panama, Republic of Panama
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
http://www.mossfontrust.com
From: Edison Teano - Mossfon Trust

Sent: Martes, 11 de Mayo de 2010 10:05 a.m.
To: Daniel Len - Mossfon Trust
Subject: Apertura de caso - Chetan Kapur
Daniel,
Ir abriendo un caso a nombre del cliente Chetan Kapur. Alexandra Kourany

lo est atendiendo pero vendr para la Fiduciaria por que requiere fully
managed services (sociedad, Fundacin y firmante de la cuenta). Vamos a
share los fees entre ambas partes (de ac se generar la factura para el
cliente pero le pagaremos 50% a Kourany de los honorarios).
Kourany est solicitando a IT para que logren abrir estos adjuntos.

Adems, est enviando lo recibido sobre dd a Lurys para que de sus
comments. El cliente va a pagar por adelantado as que es posible que
tenga que solicitar su pre-aprobacin como cliente. Ya despus llegarn
los originales de dd. Kourany tambin est aterrizando en el tema del
nombre de la sociedad y de la fundacin que va a requerir. Igualmente,
est aclarando con l los assets que estarn bajo esta estructura.
Por ahora me asignas el caso pero cuando aterricemos en la parte medular

de completar formularios, etc., te lo paso.
Saludos,
Edison Teano
Trust Executive
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972
* ETeano@mossfon.com
From: Alexandra Kourany - Lawyers

Sent: martes, 11 de mayo de 2010 09:04 a.m.
To: Edison Teano - Mossfon Trust
Subject:
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
akourany@mossfon.com
Mon, 10 May 2010 23:02:18 -0400
Passport Copies
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
AKourany@mossfon.com
Mon, 10 May 2010 22:42:21 -0400
KYC References
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:53:43 -0400
FW: Service Provision Agreement and Client Info Form
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:29:55 -0400
FW: Professional Reference Letter
1
Hi Alexandra 13 Pls find one reference letter attached. I am sending the

other reference letters and Client Info Form/ Service Provision email via
a separate email.
I will also forward account opening docs received from Bank vontobel. I
will be sending Passport and Utility bill etc tomorrow.
Pls let me know whether the fee for services will be invoiced or payment
is required at start. Either way, please provide the wire details, as we
would like to get this setup as soon as feasible.
Thanks
=
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 23:44:30 -0400
Bank Account Opening Docs for Bank Vontobel
5
Hi Alexandra -
Pls find attached the Account opening forms and documents (see below)
required by Bank Vontobel.
Michelle and Stephen (contacts at Bank Vontobel-- signature in email
below)
are available should there be any questions I can't answer for you.
thanks
-----Original Message----From: michelle.casanova@vontobel.ch
[mailto:michelle.casanova@vontobel.ch]
Sent: Friday, May 07, 2010 5:14 AM
To: Chetan Kapur
Cc: stephan.keiser@vontobel.ch
Subject: FW: Follow-up
Dear Mr. Kapur,

Please find attached the account opening documents as requested:
-
Application to open an account

Agreement on Signatory Powers
Declaration of identity of the beneficial owner
General Collateral Agreement
Telephone, fax and e-mail declaration
Furtermore, please complete the a/c opening with following documents:

- Extract from the Public Register of Panama
- Articles of Constitution (Pacto Social, Certificado de Constitucion)
and any amendments thereto, certified by the Public Register of Panama
- Passport copies of the directors (have to be certified true copies)
If you have any questions please do not hesitate to contact us.
Best regards,
Michelle Casanova
Private Banking Asia
Bank Vontobel AG
Gotthardstrasse 43
CH-8022 Zurich
Phone +41 (0)58 283 76 29
Telefax +41 (0)58 283 76 80
michelle.casanova@vontobel.ch
www.vontobel.com
------------------------------Stephan Keiser
Head of Private Banking International
Member of the Private Banking Executive Committee
Gotthardstrasse 43
8022 Zurich, Switzerland
Phone: +41 58 2837138
Mobile: +41 79 5620092
------------------------------=
Page 1/1
for legal entities
110e0302
Account name
Unless otherwise specified in separate agreements, the following signatory powers shall apply to all present
and future account(s) and custody account(s) maintained with Bank Vontobel AG under the above-mentioned
designation:
Holder of Account / Custody Account
Company
Street / no.
Postal code, town, country
Authorized Representatives
Last name, first name(s), residence, nationality
Holders of Powers of Attorney

Date of
birth
Signatory
powers
Specimen signature
Date of
birth
Signatory
powers
Specimen signature
sole or joint
Bank Vontobel AG
The signatory powers notified to the Bank in writing shall, notwithstanding any different arrangement set out
in entries in the Corporate Register or in published announcements, remain in force until such time as they
shall have been revoked in a written communication to the Bank.
All legal aspects of the relationship between the Client and the Bank shall be governed exclusively by Swiss
law. The place of performance, the exclusive place of jurisdiction for all legal proceedings and the venue for
enforcement of payment (the latter only for clients domiciled abroad) shall be Zurich1 , with right of appeal
to the Swiss Federal Supreme Court. The Bank, however, is also entitled to institute legal proceedings against
the Client before any competent court at his/her domicile or any other court having jurisdiction
I/We have taken note of and agree to the General Business Conditions and the Safe Custody Regulations
of the Bank as well as of the above-mentioned special terms, in particular the clause referring to the
place of jurisdiction.
Place and date
Signature(s) of Holder(s) of Account / Safe Custody

Account
Bank Vontobel AG, Gotthardstrasse 43, CH-8022 Zrich

Telephone +41 (0)58 283 71 11, Telefax +41 (0)58 283 76 50
Application to open an account/safe custody account
Page 1/3
05.01.2010 08:46
(for companies, corporations and other institutions)

109e0110
Account/safe custody account name
New application
Replacement application of:
Additional application of:
The undersigned 1) (hereinafter referred to as the "Client"1)) instructs Bank Vontobel AG (hereinafter referred
to as the "Bank"), to open and to maintain an account or a safe custody account under the above-mentioned
name. This application does not represent a binding agreement between the parties until it has been accepted
by the Bank. This application shall be deemed to have been accepted once the Bank has entered into a business relationship.
1)
For reasons of clarity, this term shall be understood to include both singular and plural clients.
Holder of account/safe custody account

Company name
Registered office:
Street and number
Postal code and town
Country
Business telephone no.
Mobile telephone no.
E-mail address
Authorised representatives:
Last name, first name
Function
Signing rights (sole/joint)
Function
Function
Function
Function
Bank Vontobel AG
1. Correspondence instructions
Correspondence is:
to be sent to the above address.
Original
Duplicate
to be held at the Bank ("hold mail").
Original
Duplicate
to be sent to the following address:
Original
Duplicate
German
French
Language of correspondence:
English
Bank Vontobel AG, Gotthardstrasse 43, CH78022 Zrich

Telephone +41(0)58 283 71 11, Telefax +41(0)58 283 76 50
(if available)

Page 2/3
05.01.2010 08:46
109e0110
Correspondence includes all notifications from the Bank to the Client (letters, advices, account and safe custody account statements, warnings about the realization of assets, etc.) and any notifications from third parties which the Bank receives for the Client. The Bank shall be entitled at its own discretion to accept correspondence from third parties for the Client or to refuse such correspondence or return it to the third party.
Correspondence which is handled in accordance with the above instructions shall be deemed to have been duly delivered to the Client. This shall also apply to instructions for "hold mail" in particular.
Hold mail shall not be sent to the Client but instead will be retained at the Bank in a safe place in physical or
electronic form and kept ready to be handed over to the Client during the Bank's business hours. In storing
the correspondence, the Bank is discharged from taking any further action. The Client is aware that retention
of correspondence by the Bank may result in disadvantage to him; it is therefore recommended that the Client
check his correspondence on a regular basis. The Bank shall be entitled to charge a fee for this service.
As a rule, correspondence that is not collected, cannot be delivered or is held at the Bank is destroyed after
three years, calculated from the date of issue, without further notification to the Client. This also applies to
correspondence received from third parties. The Bank shall accept no liability for any damages that may arise
from the Client's correspondence instructions, in particular from correspondence to be held at the Bank.
2. Authorisation for securities lending
The Client hereby instructs the Bank to lend lendable securities from his safe custody account listed above.
The detailed provisions of the relevant Basic Document of the Bank (Section C: Terms and Conditions for
Securities Lending) shall apply.
3. Authorisation for fiduciary investments
The Client hereby instructs the Bank to make fiduciary investments using his existing balances in the Bank's
name, but for the account of and at the risk of the Client. The detailed provisions of the relevant Basic Document of the Bank (Section D: Provisions for Fiduciary Investments) shall apply.
Bank Vontobel AG
4. Authorisation to represent at general meetings of shareholders

The Client hereby instructs the Bank, without imposing upon it a legal duty, to represent the shares, bookentry securities and other corporate instruments in his safe custody account at general meetings of shareholders. The detailed provisions of the relevant Basic Document of the Bank (Section E: Representation at
General Meetings of Shareholders) shall apply.


Page 3/3
05.01.2010 08:46
109e0110
5. General provisions and place of jurisdiction

In addition, with respect to all rights and duties of the Client and of the Bank arising from this contractual relationship, the Basic Documents of the Bank (containing: General Terms and Conditions, Safe Custody Regulations, Terms and Conditions for Securities Lending, Provisions for Fiduciary Investments,
Representation at General Meetings of Shareholders and the brochure "Special Risks in Securities Trading") shall apply. The Client confirms that he has received and understood these documents and acknowledged them as binding upon him and that the Bank has explained the risks associated with securities lending to him. These Basic Documents shall also apply to any sub-account/safe custody subaccount.
The present agreement shall be subject exclusively to Swiss law. The place of performance and debt collection for clients domiciled abroad and the exclusive place of jurisdiction for all legal proceedings shall be Zurich. However, the Bank is also entitled to institute legal proceedings against the Client before the competent court at his place of domicile or any other competent court whereby Swiss law shall remain exclusively
applicable.
By signing this account/safe custody account application form, the Client expressly agrees in particular
to the correspondence instructions and to the individual authorisations.
Place
Date
Bank Vontobel AG
Signature of the Client

Page 1/3
08.01.2010 09:19
112e0110
Account/custody account designation
1.
The undersigned
first name, last name or business name, address
(hereinafter referred to as the "Collateral Provider")1)
hereby pledges, transfers or assigns to Bank Vontobel AG (hereinafter the "Bank")) as security or collateral
for all currently existing or future claims and receivables of the Bank due from the Collateral Provider and/or
from
(hereinafter referred to as the "Debtor")1)
1)
For reasons of clarity, this term shall be understood to include both individual and multiple clients.
or its legal successor arising in connection with the business relationship with the Bank, including past due and
current interest, expenses and commission fees, as well as all fees and costs associated with the sale of the
collateral,
the following assets (hereinafter also referred to as the "Collateral"):
any and all book-entry securities, securities, uncertificated securities and global certificates, including any
and all rights, in particular rights to the surrender of assets as well as all rights of co-ownership to other
collective deposits of securities, currently or in future held directly or indirectly with the Bank or lodged in
the Bank's name with third parties for the account of the Collateral Provider,
any and all other claims and assets held with the Bank now or in the future as well as other rights, in
particular rights to bank-held collective deposits, precious metal account balances, claims from fiduciary
investments and balances in all currencies, including any and all income produced by them,
any and all assets, claims and rights against third parties listed in any annexes to this document as well as
any and all claims and rights, including any ancillary rights, held by the Bank under a separate agreement
with the Collateral Provider or otherwise held by the Bank on a fiduciary basis.
Bank Vontobel AG
The security interest covers all the above assets in their entirety even if their value is increased in future by
additions or in any other manner. In the event that individual items covered by this Agreement are replaced by
others, these shall automatically be included in the Agreement in substitution of those which they replace. The
Collateral Provider shall at the Bank's request immediately undertake any action that may be necessary to effect
the transfer of the assets.
Securities not issued to bearer or transferred to the Bank by full endorsement shall be deemed to be assigned to
the Bank by way of pledge within the meaning of Article 901 Para. 2 of the Swiss Federal Civil Code (CC).
2.
In case of real property mortgage titles, the costs of collection and interest in arrears as well as interest for
the current year plus the three preceding years calculated on the contractually agreed basis shall likewise be
deemed to be pledged or assigned (Article 818 CC).

Page 2/3
08.01.2010 09:19
112e0110
3.
The Collateral shall be held in safe custody, insofar as its nature permits, in accordance with the Bank's General Terms and Conditions and Safe Custody Regulations. The Bank shall be entitled to give notice for and collect claims and securities and, in the case of real property mortgage liens, to exercise all rights incumbent
upon the mortgager. The Bank may also take assets lodged with third parties into its own custody at any
time.
These powers are irrevocable and shall not expire upon the death of the Collateral Provider or for any of the
other grounds stipulated under Article 35 of the Swiss Federal Code of Obligations.
4.
Should the value of the Collateral have fallen or appear likely to fall, or should the Bank for any other reason
no longer regard the Collateral as adequate in respect of its claims, the Collateral Provider shall be obliged at
the Bank's first demand to provide additional cover ("margin call") or to make a corresponding repayment.
That notwithstanding, the Bank shall be free to permit such under-coverage without alerting the Collateral Provider ; i.e. the Bank is under no obligation to bring the Collateral Provider's attention to such
under-coverage or to make a margin call in the event of an actual or imminent fall in value.
If the Collateral Provider does not fulfil this obligation within the period set by the Bank, if such fulfilment is
inadequate or if the Collateral Provider is in arrears in respect of other obligations towards the Bank, the Bank
shall be entitled at its discretion, and without regard to the formalities specified in the Swiss Federal Law on
Debt Collection and Bankruptcy or to the relevant legal provisions in force at the place of disposal of the
Collateral abroad - but on condition that necessary and reasonable notification be given to the Collateral
Provider and/or Debtor - to dispose of the Collateral freely or by enforcement.
5.
The Bank may at its discretion delay the disposal of any third-party collateral and assignments of collateral
until other items of collateral have been disposed of.
Should proceedings in bankruptcy or (court or out-of-court) composition or settlement proceedings be instituted
against the Debtor or should receivership be decreed, the Bank shall have the right at its discretion to dispose
immediately of third-party collateral up to the amount of its registered claims and not to set off the proceeds
against its remaining claims until after termination of said proceedings, or to delay disposal until termination of
the proceedings.
Bank Vontobel AG
6.
If more than one claim is outstanding, the Bank shall at its discretion decide which of the claims the proceeds from the disposal of the Collateral shall be set off against.
7.
Notice concerning risk: The liabilities secured against the Collateral Provider's assets are independent of
the value of this Collateral. The Bank shall set the collateral value of the Collateral at its discretion. The
Bank has the right to alter the collateral value of individual items of Collateral at any time without prior announcement and without stating a reason, and to exclude assets entirely from the Collateral pool.
The Collateral Provider is aware that the value of the Collateral may decline, potentially to zero, particularly in the event of falling prices. Consequently, its collateral value may also fall, and the Collateral
become inadequate for the cover purposes. The Collateral Provider is further aware that the Collateral
may have to be sold during a market downturn and that considerable losses may thus have to be realized, and that the disposal of the Collateral may not cover in full repayment of the liabilities covered by
the Collateral, meaning that the Collateral Provider may have to service his liabilities from his other assets or income at any time.

Page 3/3
08.01.2010 09:19
112e0110
8.
In all other respects, the Bank's General Terms and Conditions shall apply.
9.
This agreement shall be governed by and construed in accordance with Swiss law. The place of performance,
the place of debt collection for Collateral Providers domiciled outside Switzerland and the exclusive place of
jurisdiction for all legal proceedings shall be Zurich. The Bank reserves the right, however, to take legal
action against the Collateral Provider before the authority of his domicile or before any other competent court
or debt collection authority, in which event exclusively Swiss law shall remain applicable.
Place/Date
The Collateral Provider
Bank Vontobel AG
Debtor's signature (to be appended if Collateral is provided for third-party debt)

Page 1/1
(Form A pursuant to Art. 3 and 4 CDB)
108e0708
Account/safekeeping account
Contracting partner
Category (where appropriate)
The contracting partner hereby declares that the individual(s)/partnership(s)/legal entity (entities) listed
below is/are the beneficial owner(s) of the assets deposited under the above relationship. If the contracting
partner is also the sole beneficial owner of the assets, the contracting partner's details must be set out below:
Full name(s) (or company name)
Date of Birth, Nationality, Address/Domicile, Country
The contracting partner undertakes to automatically inform the bank of any changes.
Date
Signature
Bank Vontobel AG
It is a criminal offence to deliberately provide false information on this form (Art. 251 of the Swiss Penal
Code, document forgery; penalty: imprisonment for up to five years or a fine).

From:
To:
Subject:
Attachment(s):

FW: PROSPECT CLIENT CHETAN KAPUR
4
Second background.
Saludos,
Edison Teano
Trust Executive
http://www.mossfon.com/firma/logo_smallMFT.gif
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972

Sent: viernes, 14 de mayo de 2010 05:07 p.m.
Cc: Daniel Len - Mossfon Trust; Lurys Madrid - Compliance
Subject: PROSPECT CLIENT CHETAN KAPUR
Estimado Edison,
No he podido contactarme con nuestro futuro cliente CHETAN KAPUR en el da

de hoy.
El cliente nos ha enviado varios documentos, algunos de los cuales no

pudimos abrir ni con la ayuda de IT.
Si as lo consideras conveniente, puedes comunicarte con l a:

[ckapur3@gmail.com]
Adjuntamos los intercambios previos para tengas una idea del estado de las
negociaciones.
Estimada Lurys: necesitamos abrir un caso de DUE DILIGENCE para este

cliente. La mayora de los documentos que mando de due diligence estn en
un formato que no hemos podido abrir, pero si se puede ir adelantando algo
se lo agradecera.
Saludos,
Saludos/ Kind Regards,

Alexandra Kourany
Lawyer
http://www.mossfon.com/firma/logo_smallMF.gif
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
* AKourany@mossfon.com
http://www.mossfon.com
From:
To:
Date:
Subject:
Attachment(s):
sgarzon@mossfon.com
S. Valderrama - Information Technology
May 11, 2010, 10:34 AM
Urgente
5
Estimada Solangyl,
Favor tomar nota que no puedo entrar al help desk, estoy ingresando mi
user name y mi clave y no me permite, tenemos un caso urgente donde no
puedo abrir los archivos adjuntos. Me podran ayudar.
Gracias.

Sady Garzn
Legal Asistant
On behalf of Alexandra Kourany
Mossfon Building
( + 507 205-5888 ext. 123
7 + 507 263-9218
* sgarzon@mossfon.com
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From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 23:02:18 -0400
Passport Copies
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:42:21 -0400
KYC References
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Tue, 11 May 2010 20:11:23 -0400
RE: Bank Account Opening Docs for Bank Vontobel
2
Hi Alexandra 13 Pls find attached email 6 with Utlity bill.
I will send all hardcopy in the mail.
Will call to chat with a few quick questions. Thanks
_____
From: Mossack Fonseca & Co. (Attorneys-at-Law) [mailto:Legal@Mossfon.com]
Sent: Tuesday, May 11, 2010 9:22 AM
To: Chetan Kapur
Cc: Sady Garzn - Legal Assistant
Subject: RE: Bank Account Opening Docs for Bank Vontobel
Dear Mr. Kapur:
Thank you very much for your previous message.
We acknowledge receipt of the five messages.
I will review together with our compliance department the documents and
will revert to you shortly with the quotation and wire transfer
instructions for payment.
We remain at your disposal in the event you require any further detail.
Regards,

Alexandra Kourany Molt, LLM
Lawyer/Associate
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
"17 AKourany@mossfon.com
-----Original Message----From: chetan.kapur [mailto:chetan.kapur@aimadvgrp.com]

Sent: Monday, May 10, 2010 10:45 PM
To: Alexandra Kourany - Lawyers
Subject: Bank Account Opening Docs for Bank Vontobel
Hi Alexandra -

Pls find attached the Account opening forms and documents (see below)
required by Bank Vontobel.
Michelle and Stephen (contacts at Bank Vontobel-- signature in email

below) are available should there be any questions I can't answer for
you.
thanks
-----Original Message----From: michelle.casanova@vontobel.ch [mailto:michelle.casanova@vontobel.ch]

To: Chetan Kapur
Cc: stephan.keiser@vontobel.ch
Subject: FW: Follow-up
Dear Mr. Kapur,
Please find attached the account opening documents as requested:
- Application to open an account

- Agreement on Signatory Powers
- Declaration of identity of the beneficial owner
- General Collateral Agreement
- Telephone, fax and e-mail declaration
Furtermore, please complete the a/c opening with following documents:
- Extract from the Public Register of Panama

- Articles of Constitution (Pacto Social, Certificado de Constitucion) and
any amendments thereto, certified by the Public Register of Panama
- Passport copies of the directors (have to be certified true copies)
If you have any questions please do not hesitate to contact us.
Best regards,
Michelle Casanova
Private Banking Asia
Bank Vontobel AG
Gotthardstrasse 43
CH-8022 Zurich
Phone +41 (0)58 283 76 29
Telefax +41 (0)58 283 76 80
michelle.casanova@vontobel.ch
www.vontobel.com
------------------------------Stephan Keiser
Head of Private Banking International
Member of the Private Banking Executive Committee Gotthardstrasse 43
8022 Zurich, Switzerland
Phone: +41 58 2837138
Mobile: +41 79 5620092

------------------------------
=
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:53:43 -0400
1
_____
From: chetan.kapur [mailto:chetan.kapur@aimadvgrp.com]
To: 'akournay@mossfon.com'
Subject: Service Provision Agreement and Client Info Form
From:
To:
Subject:
Attachment(s):

4
Second background.
Saludos,
Edison Teano
Trust Executive
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972

Estimado Edison,

de hoy.


[ckapur3@gmail.com]
negociaciones.

se lo agradecera.
Saludos,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
From:
To:
Date:
Subject:
Attachment(s):
sgarzon@mossfon.com
S. Valderrama - Information Technology
May 11, 2010, 10:34 AM
Urgente
5
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 23:02:18 -0400
Passport Copies
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:42:21 -0400
KYC References
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:53:43 -0400
1
_____
ginalArrivalTime: 11 May 2010 03:02:18.0984 (UTC)

FILETIME=[5E45FE80:01CAF0B6] X-TM-AS-Product-Ver:
IMSS-7.0.0.6352-6.0.0.1038-17376.004 X-TM-AS-Result: No--5.612-4.5-31-1 Ximss-scan-details: No--5.612-4.5-31-1;No--5.612-7.0-31-1 X-TM-AS-UserApproved-Sender: No X-TM-AS-User-Blocked-Sender: No =
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Tue, 11 May 2010 20:11:23 -0400
RE: Bank Account Opening Docs for Bank Vontobel
2
From:
To:
Subject:
Attachment(s):

3
Third background.
Saludos,
Edison Teano
Trust Executive
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972

Estimado Edison,

de hoy.


[ckapur3@gmail.com]
negociaciones.

se lo agradecera.
Saludos,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
Order Form
New Formation /
Purchase Request
Code: SVP-LEG-F-011
Rev.: 1
Order Form
New Formation / Purchase Request
I.
INCORPORATION/PURCHASE OF A COMPANY
A. Please check the jurisdiction of the company you wish to incorporate/purchase:
Panama
Seychelles
Bahamas
B.V.I.
Samoa
British Anguilla
Please advise the number of companies that you wish to incorporate/purchase this time
B. Selection of names:
1. List the names that you wish us to use to incorporate your company, in order of preference; or
2. Advise the name of the company that you wish to purchase from our stock:
a.
b.
c.
d.
If you have no preferences concerning the name, please check ( a ) this box and
MOSSFON will choose the companys name.
C. Considerations to bear in mind when choosing names for the incorporation of a company:
1. Names must always end with the following words:
PANAMA
Names must end with one of the following words: Corporation, Incorporated, Socit Anonyme,
Sociedad Annima, or with the abbreviations Corp., Inc. or S.A., A/S, N.V., B.V., AG.
In Panama, the words Limitada and Limited and the abbreviation Ltd. can not be used as
endings, as same are used for Limited Liability Companies.
BVI
The endings Limited, Corporation, Incorporated, Socit Anonyme, Sociedad Annima, or the
abbreviations Ltd., Corp., Inc., or S.A. must form part of every name.
SEYCHELLES
Names must end with one of the following words: Limited, Corporation, Incorporated, Socit
Anonyme, Sociedad Annima, Socit Responsabilit Limite, Aktiengesellschaft, Limitada,
Socit par Actions, Gesellschaft mit beschrankter Haftung, Company, or with the abbreviations
Ltd., Corp., Inc. or S.A., S.A.R.L., N.V., B.V., AG., GmbH, S..r.l.
SAMOA
The Company's name may be in any language and must end with one of the following words:
"Limited", "Corporation", "Incorporated", "Berhad" "Socit Anonyme", "Sociedad Annima",
"Naamloze Vennootschap", "Besloten Vennootschap" or "Aktiengesellschaft", or Gesellschaft mit
beschrankter Haftung, or the abbreviations "Ltd.", "Corp", "Inc.", "Bhd.", "S.A.", "N.V.", "B.V." , "A.G."
or GmbH.
BAHAMAS
The endings Limited, Corporation, Incorporated, Gesellschaft mit beschrnkter Haftung, Socit
Anonyme, Sociedad Annima, or the abbreviations Ltd., Corp., Inc., GmbH, Bhd., S. A., N.V., B.V. or
A.G. must form part of every name.
BRITISH ANGUILLA
"Limited", "Corporation", "Incorporated", "Sendirian Berhad", Socit Responsabilit Limite,
"Socit Anonyme", "Sociedad Annima", "Besloten Vennootschap", Gesellschaft mit beschrankter
Haftung, "Naamloze Vennootschap" or the abbreviation "Ltd.", "Corp", "Inc.", "Sdn Bhd.", SARL,
"S.A.", "B.V.", GmbH, or "NV".
2. The words and phases Assurance, Bank, Building Society, Chamber of Commerce, Chartered,
Cooperative, Imperial, Municipal, Trust, Foundation, Insurance, Trustee Company, Royal or any
word conveying similar meanings are forbidden, unless the appropriate license or approval in writing
is obtained from the Registrar.
Please indicate the purpose/activity of the incorporated / acquired (for our internal records only)
II.
COMPANY OBJECT CLAUSES

Please check one:
Standard
Special
If you select Special, please specify the special clauses required:
III.
STANDARD AUTHORISED CAPITAL PMA, SEY, SAM, BAH, B.A.

NUMBER & CLASSES OF SHARES - BVI
Please check one:
Panama Companies:
The authorised capital of the company will be US$10,000.00 divided into 100 shares with a par
value of US$100.00 each. The directors will be duly empowered to issue shares as registered
shares or to the bearer, as they may at their discretion determine by resolution.
BVI Companies:
The Company is authorised to issue a maximum of 50,000 no par value shares of a single class.
Seychelles Companies:
The authorised capital of the company will be US$50,000.00 divided into 50,000 shares with a par
value of US$1.00 each. The directors will be duly empowered to issue shares as registered shares
or to the bearer, as they may at their discretion determine by resolution.
Samoa Companies:
The authorised capital of the company will be US$50,000 divided into 50,000 shares with a par
shares.
Bahamas Companies:
shares.
British Anguilla Companies:
value of US$1.00 each. The company shall issue registered shares only.
Should you wish to incorporate your company with an authorised capital or number of shares, etc.
other than the above-mentioned ones, please advise:
Special authorized capital (PMA, SEY, SAM, BAH, B.A.) / or
Number & classes of shares (BVI)
Number of shares that the corporation may issue
Par value of each share / or no par value shares:
IV.
DIRECTORS/OFFICERS
1.
The Directors/Officers shall be:

Title/Office
Full name
Full Address
Director
Director
Director
President
Treasurer
Secretary
2.
Additional information concerning the appointment of directors:

In PANAMA, there must be a minimum of 3 Directors and 3 Officers (President, Treasurer and Secretary
Directors may be appointed as Officers if wished so). It is mandatory to register initial appointments and
future changes of Directors and Officers at the Public Registry.
In BVI, one sole Director may be appointed. It is not mandatory to appoint Officers. It is not necessary to
register the initial appointments or future changes in the Director(s)/Officer(s) at the Public Registry. It is
mandatory to keep a copy of the Register of Directors at the Registered Office.
In SEYCHELLES, one sole Director may be appointed. It is not mandatory to appoint Officers. It is not
necessary to register the initial appointments or future changes of the Director(s)/Officer(s) at the Public
Registry. It is mandatory to keep a copy of the Register of Directors at the Registered Office.
In SAMOA, one sole Director may be appointed. The appointment of a Secretary is mandatory. It is not
necessary to register initial appointments or future changes of the Director(s)/Officer(s) at the Public
Registry. It is mandatory to keep a Register of Directors and Officers at the Registered Office.
In BAHAMAS, one sole Director may be appointed. It is not mandatory to appoint Officers. It is mandatory
to register a copy of the Register of the Director(s) and Officer(s) at the Public Registry evidencing the initial
appointments and future changes in the Directors and Officers.
In BRITISH ANGUILLA, one sole Director may be appointed. It is not mandatory to appoint Officers. It is
not necessary to register the initial appointments or future changes of the Director(s)/Officer(s) at the Public
Registry. However, it is recommended to keep a copy of a Register of Directors and Officers at the
Registered Office.
V. SHARE CERTIFICATES
Please indicate the type of shares that will be issued and fill in with the information requested below:
Bearer shares (except BAH, B.V.I., B.A. and
SAM)
Name of Shareholder/Member
Registered shares
Full Address
No. of
Shares
Value of
share
Number
of Cert.
Four blank share certificates are included in the price of the incorporation/acquisition. Additional certificates
(10 or more) have an extra cost. Please indicate if you require additional certificates:
Yes
No
If your answer is yes, please specify the quantity

VI.
ADDITIONAL REQUESTS
Corporate Seal: (A corporate seal is mandatory under Bahamas, B.V.I and British Anguilla laws; it is not
mandatory under Panama, Samoa and Seychelles laws).
Please indicate if you wish MOSSFON to order the corporate seal:
Yes
VII.
No
ADDITIONAL DOCUMENTS
Please indicate which additional documents you require:

Certificate of Good Standing
Certificate of Incumbency
Others:
VIII.
CERTIFICATION REQUIRED: (We deliver the corporate documents and all additional documents without
certification)
Please indicate if you require the notarisation and legalisation of the companys corporate documents:
Yes
No
If your answer is yes, please detail the documents that require certification, indicate the type of certification
that these documents require and fill in with the following information:
Please indicate the type of notarisation / legalisation:

Notary
Apostille
Consulate
Original documents
Photocopies of documents
Separate (individually)
One set of documents
Other (please specify)
If you wish to add any further explanation concerning the documents notarisation/legalisation, please use
the following lines:
IX.
ADDITIONAL INSTRUCTIONS
Special billing instructions
Correspondence dispatch instructions:

Courier
Weekly courier to our local office
Certified mail
Air mail
If you wish your documents to be sent to another address, please specify:
If you wish to send this form by fax, please fill out the following section with your personal
information:
Name of your office
Address
Phone
Fax
E-mail
Your name
Signature
Date
www.mossfon.com
I. CONSTITUTION
(Mossack Fonseca & Co. creates only Panamanian Private Foundations)
Proposed names (in order of preference):

1 . ......................................................................................................................................................................................................................................................
2 . ......................................................................................................................................................................................................................................................
3 . ......................................................................................................................................................................................................................................................
4 . ......................................................................................................................................................................................................................................................
No Preference - MOSSFON office to choose name of Private Foundation.

The name of the foundation may be expressed in any language and must include the word "Foundation" (also in any language). Just as for Panama Corporations, there are certain words that may not be used, such as "Insurance", "Assurance",
"Seguros", "Bank", "Banco", "Trust", "Fideicomiso", "Fiduciario" and "Stock Exchange", or any other word that has a similar
meaning.
II. PURCHASE OF A SHELF PRIVATE FOUNDATION
Name ......................................................................................................................................................................................................................................................
III. FOUNDATION DOCUMENTS:
A. FOUNDATION CHARTER OF THE PRIVATE FOUNDATION
STANDARD IRREVOCABLE
(founder holds no powers)
STANDARD REVOCABLE
(founder holds full powers)
SPECIAL
SPECIFY SPECIAL CLAUSES REQUIRED, IF ANY

______________________________________________________________________________________________
______________________________________________________________________________________________
______________________________________________________________________________________________
______________________________________________________________________________________________
Code: SVP-LEG-F-016
Rev.: 1
B. REGULATIONS OF THE PRIVATE FOUNDATION

YES
NO
STANDARD REVOCABLE
SPECIAL
SPECIFY ANY SPECIAL ARTICLES REQUIRED:

..................................................................................................................................................................................................................................................................................
..................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
C. INITIAL ASSETS
STANDARD
The initial endowment of the private foundation is TEN THOUSAND DOLLARS (US$10,000.00), legal currency of the United
States of America.
SPECIAL
If you require a particular amount for the initial assets, please specify: US$
IV. FOUNDER(S)
Mossfon can provide nominee founder(s). For nominee founder(s) fees, please see our fee schedule.
Do you wish us to provide the founder(s)?
YES
NO
If not, please specify who the founder(s) will be:

Tipos de acciones que seran emitidas:
FULL NAME
(Natural or Juridical Person)
ADDRESS
REGISTRATION DATA
(only for juridical persons)
..................................................................................................................................................................................................................................................................................
..................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
V. MEMBERS OF THE FOUNDATION COUNCIL / OFFICER(S)

Mossfon can provide Foundation Council member(s) and officer(s). For Foundation Council member(s) and officer(s) fees,
please see our fee schedule.
Do you wish us to provide the Foundation Council member(s) / officer(s)?
YES
NO
If not, please specify who the Foundation Council member(s) and officer(s) will be:
Title/Office
Full Name
(Natural or Juridical person)
Address
Member ....................................................................................................................................................................................................................................................
Member ....................................................................................................................................................................................................................................................
Member ...................................................................................................................................................................................................................................................
President (optional)............................................................................................................................................................................................................................
Treasury (optional).............................................................................................................................................................................................................................
Secretary (optional)............................................................................................................................................................................................................................
Unless the Foundation Council is a juridical person, it may not have less than three (3) members The law does not require
the appointment of officer(s), so it is the client option to have officer(s) or not.
VI. ADDITIONAL REQUESTS
Foundation Seal (not mandatory under Panamanian Law)
MOSSFON to order:
YES
NO
Registered Agent to be provided by MOSSFON.

SPECIAL BILLING INSTRUCTIONS
........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
Dispatch instructions:
Regular Air Mail
Courier
Regular Mail
Weekly courier through Moosfo branch office.
Other instructions relating to the Private Foundation be Created / Purchased

........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
Purpose of foundation creation / purchase (for our internal files only)

........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
Clients Full name .............................................................................................................................................................................................................................

Address..................................................................................................................................................................................................................................................
Phone number................................................................................................................. Fax ......................................................................................................
E-mail ........................................................................................................................................................................................................................................................
Contact Person ................................................................................................................................................................................................................................
Clients signature ..............................................................................................................................................................................................................................
Date ........................................................................................................................................................................................................................................................
INFORMATION ON CLIENT
NATURAL PERSON
JURIDICAL PERSON
DATE:
CLIENTS FULL NAME
TELEPHONE(S)
FAX(ES)
E-MAIL ADDRESS
CONTACT(S)
PHYSICAL ADDRESS
POSTAL ADDRESS
MAIN ACTIVITY
HOW YOU HEARD OF US:
REFERENCES*
NAME:
ADDRESS:
NAME:
ADDRESS:
NAME:
ADDRESS:
CLIENTS SIGNATURE
Only for Juridical Person use.
CLIENTS NAME
POSITION
CRM-LEG-F-0O3
REV.: 0
Bank references should be addressed to Mossack Fonseca & Co.
From:
To:
Date:
Subject:
Attachment(s):

Alexandra Kourany - Lawyers
May 14, 2010, 6:30 PM
RE: PROSPECT CLIENT CHETAN KAPUR
2
Muchas gracias Alexandra. Reviso el antecedente y conversamos el Lunes

sobre este cliente.
Saludos,
Edison Teano
Trust Executive
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972

Estimado Edison,

de hoy.


[ckapur3@gmail.com]
negociaciones.

se lo agradecera.
Saludos,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
From:
To:
CC:
Date:
Subject:
Attachment(s):

dleon@mossfon.com
sgarzon@mossfon.com
May 17, 2010, 10:00 AM
RE: PROSPECT CLIENT CHETAN KAPUR
2
Hola Daniel:
Excelente, por favor tomar en cuenta que este caso lo vamos a ver entre
legal y la fiduciaria. Comisiones compartidas.
Nosotros nos encargamos del DUE DILIGENCE junto con LURYS, los copie con
la idea de que empiecen a escribirle pidindole la informacin mas
detallada que van a necesitar para armarle la FULLY MANAGED.
Antiormente ya le ped la informacin descrita a continuacin, sin embargo

no nos ha confirmado:
Basically, we need to know:

1. Initial deposit amount and how that initial amount is going to be
transferred. International transfer, check?
2. How many bank transfer for year, amounts and origins
3. Destiny of the funds and origin of the funds.
4. Name of the principal clients and providers
5. Purpose of the bank account and the companies activities.
Seria bueno que le dieras seguimiento a este tema en particular.
El cliente quiere abrir la cuenta en el banco Bank Vontobel.
From: Daniel Len - Mossfon Trust

Sent: Monday, May 17, 2010 8:53 AM
To: Alexandra Kourany - Lawyers; Edison Teano - Mossfon Trust
Cc: Lurys Madrid - Compliance

Subject: RE: PROSPECT CLIENT CHETAN KAPUR
Buenos das,
Confirmo que empezaremos a comunicarnos con el cliente, y tambin

solicitaremos nos reenve los adjuntos que DD que no son posible abrir.
Les mantendremos informado.
Atentos saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Viernes, 14 de Mayo de 2010 05:07 p.m.
Estimado Edison,

de hoy.


[ckapur3@gmail.com]
negociaciones.

se lo agradecera.
Saludos,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
From:
To:
Date:
Subject:
Attachment(s):

Edison Teano - Mossfon Trust, dleon@mossfon.com
May 17, 2010, 11:24 AM
FW: 1754439 / PANAMA CORPORATIONS AND PRIVATE FOUNDATIONS,
7
FYI
From: Mossack Fonseca & Co. (Attorneys-at-Law)

To: 'ckapur3@gmail.com'; 'chetan.kapur@aimadvgrp.com'
Cc: Alexandra Kourany - Lawyers
Subject: FW: 1754439 / PANAMA CORPORATIONS AND PRIVATE FOUNDATIONS,
Dear Mr. Kapur:
Reference made tour previous e-mail message,
In this regard, we kindly remind you that we are still waiting to received
the previous mentioned documents.
We would like to schedule a telephone meeting, please confirm us your

telephone number in order to contact you.
If you have any questions do not hesitate to contact us.

Sady Garzn
Legal Asistant
Mossfon Building

( + 507 205-5888 ext. 123
7 + 507 263-9218
From: Mossack Fonseca & Co. (Attorneys-at-Law)

Sent: Tuesday, May 11, 2010 11:12 AM
To: 'ckapur3@gmail.com'
Subject: 1754439 / PANAMA CORPORATIONS AND PRIVATE FOUNDATIONS,
Dear Mr. Kapur:
We acknowledge receipt of the Due diligence documents, in this regard we

kindly ask you to send again in PDF format the following documents:
1. KYC Reference
2. Passport copies
3. Service provision Agreement
Since those documents are in a format that we do not have.
On the other hand, in order to proceed with the formal process of

incorporation and constitution we are pleased to attach our order forms to
be duly completed.
We kindly ask you to confirm us the purpose / activity of the company,

also information about the goods that will be part of the structure.
Thank you in advance for your kind cooperation. We shall await your
comments.
Sady Garzn
Legal Asistant
Mossfon Building
( + 507 205-5888 ext. 123
7 + 507 263-9218
Order Form
New Formation /
Purchase Request
Code: SVP-LEG-F-011
Rev.: 1
Order Form
New Formation / Purchase Request
I.
INCORPORATION/PURCHASE OF A COMPANY
A. Please check the jurisdiction of the company you wish to incorporate/purchase:
Panama
Seychelles
Bahamas
B.V.I.
Samoa
British Anguilla
Please advise the number of companies that you wish to incorporate/purchase this time
B. Selection of names:
1. List the names that you wish us to use to incorporate your company, in order of preference; or
2. Advise the name of the company that you wish to purchase from our stock:
a.
b.
c.
d.
If you have no preferences concerning the name, please check ( a ) this box and
MOSSFON will choose the companys name.
C. Considerations to bear in mind when choosing names for the incorporation of a company:
1. Names must always end with the following words:
PANAMA
Names must end with one of the following words: Corporation, Incorporated, Socit Anonyme,
Sociedad Annima, or with the abbreviations Corp., Inc. or S.A., A/S, N.V., B.V., AG.
In Panama, the words Limitada and Limited and the abbreviation Ltd. can not be used as
endings, as same are used for Limited Liability Companies.
BVI
The endings Limited, Corporation, Incorporated, Socit Anonyme, Sociedad Annima, or the
abbreviations Ltd., Corp., Inc., or S.A. must form part of every name.
SEYCHELLES
Names must end with one of the following words: Limited, Corporation, Incorporated, Socit
Anonyme, Sociedad Annima, Socit Responsabilit Limite, Aktiengesellschaft, Limitada,
Socit par Actions, Gesellschaft mit beschrankter Haftung, Company, or with the abbreviations
Ltd., Corp., Inc. or S.A., S.A.R.L., N.V., B.V., AG., GmbH, S..r.l.
SAMOA
"Limited", "Corporation", "Incorporated", "Berhad" "Socit Anonyme", "Sociedad Annima",
"Naamloze Vennootschap", "Besloten Vennootschap" or "Aktiengesellschaft", or Gesellschaft mit
beschrankter Haftung, or the abbreviations "Ltd.", "Corp", "Inc.", "Bhd.", "S.A.", "N.V.", "B.V." , "A.G."
or GmbH.
BAHAMAS
The endings Limited, Corporation, Incorporated, Gesellschaft mit beschrnkter Haftung, Socit
Anonyme, Sociedad Annima, or the abbreviations Ltd., Corp., Inc., GmbH, Bhd., S. A., N.V., B.V. or
A.G. must form part of every name.
BRITISH ANGUILLA
"Limited", "Corporation", "Incorporated", "Sendirian Berhad", Socit Responsabilit Limite,
"Socit Anonyme", "Sociedad Annima", "Besloten Vennootschap", Gesellschaft mit beschrankter
Haftung, "Naamloze Vennootschap" or the abbreviation "Ltd.", "Corp", "Inc.", "Sdn Bhd.", SARL,
"S.A.", "B.V.", GmbH, or "NV".
2. The words and phases Assurance, Bank, Building Society, Chamber of Commerce, Chartered,
Cooperative, Imperial, Municipal, Trust, Foundation, Insurance, Trustee Company, Royal or any
word conveying similar meanings are forbidden, unless the appropriate license or approval in writing
is obtained from the Registrar.
Please indicate the purpose/activity of the incorporated / acquired (for our internal records only)
II.
COMPANY OBJECT CLAUSES

Please check one:
Standard
Special
If you select Special, please specify the special clauses required:
III.
STANDARD AUTHORISED CAPITAL PMA, SEY, SAM, BAH, B.A.

NUMBER & CLASSES OF SHARES - BVI
Please check one:
Panama Companies:
The authorised capital of the company will be US$10,000.00 divided into 100 shares with a par
shares or to the bearer, as they may at their discretion determine by resolution.
BVI Companies:
The Company is authorised to issue a maximum of 50,000 no par value shares of a single class.
Seychelles Companies:
value of US$1.00 each. The directors will be duly empowered to issue shares as registered shares
or to the bearer, as they may at their discretion determine by resolution.
Samoa Companies:
The authorised capital of the company will be US$50,000 divided into 50,000 shares with a par
shares.
Bahamas Companies:
shares.
British Anguilla Companies:
value of US$1.00 each. The company shall issue registered shares only.
Should you wish to incorporate your company with an authorised capital or number of shares, etc.
other than the above-mentioned ones, please advise:
Special authorized capital (PMA, SEY, SAM, BAH, B.A.) / or
Number & classes of shares (BVI)
Number of shares that the corporation may issue
Par value of each share / or no par value shares:
IV.
DIRECTORS/OFFICERS
1.
The Directors/Officers shall be:

Title/Office
Full name
Full Address
Director
Director
Director
President
Treasurer
Secretary
2.
Additional information concerning the appointment of directors:

In PANAMA, there must be a minimum of 3 Directors and 3 Officers (President, Treasurer and Secretary
Directors may be appointed as Officers if wished so). It is mandatory to register initial appointments and
future changes of Directors and Officers at the Public Registry.
In BVI, one sole Director may be appointed. It is not mandatory to appoint Officers. It is not necessary to
register the initial appointments or future changes in the Director(s)/Officer(s) at the Public Registry. It is
mandatory to keep a copy of the Register of Directors at the Registered Office.
In SEYCHELLES, one sole Director may be appointed. It is not mandatory to appoint Officers. It is not
necessary to register the initial appointments or future changes of the Director(s)/Officer(s) at the Public
Registry. It is mandatory to keep a copy of the Register of Directors at the Registered Office.
In SAMOA, one sole Director may be appointed. The appointment of a Secretary is mandatory. It is not
necessary to register initial appointments or future changes of the Director(s)/Officer(s) at the Public
Registry. It is mandatory to keep a Register of Directors and Officers at the Registered Office.
In BAHAMAS, one sole Director may be appointed. It is not mandatory to appoint Officers. It is mandatory
to register a copy of the Register of the Director(s) and Officer(s) at the Public Registry evidencing the initial
appointments and future changes in the Directors and Officers.
In BRITISH ANGUILLA, one sole Director may be appointed. It is not mandatory to appoint Officers. It is
not necessary to register the initial appointments or future changes of the Director(s)/Officer(s) at the Public
Registry. However, it is recommended to keep a copy of a Register of Directors and Officers at the
Registered Office.
V. SHARE CERTIFICATES
Please indicate the type of shares that will be issued and fill in with the information requested below:
Bearer shares (except BAH, B.V.I., B.A. and
SAM)
Name of Shareholder/Member
Registered shares
Full Address
No. of
Shares
Value of
share
Number
of Cert.
Four blank share certificates are included in the price of the incorporation/acquisition. Additional certificates
(10 or more) have an extra cost. Please indicate if you require additional certificates:
Yes
No
If your answer is yes, please specify the quantity

VI.
ADDITIONAL REQUESTS
Corporate Seal: (A corporate seal is mandatory under Bahamas, B.V.I and British Anguilla laws; it is not
mandatory under Panama, Samoa and Seychelles laws).
Please indicate if you wish MOSSFON to order the corporate seal:
Yes
VII.
No
ADDITIONAL DOCUMENTS
Please indicate which additional documents you require:

Certificate of Good Standing
Certificate of Incumbency
Others:
VIII.
CERTIFICATION REQUIRED: (We deliver the corporate documents and all additional documents without
certification)
Please indicate if you require the notarisation and legalisation of the companys corporate documents:
Yes
No
If your answer is yes, please detail the documents that require certification, indicate the type of certification
that these documents require and fill in with the following information:
Please indicate the type of notarisation / legalisation:

Notary
Apostille
Consulate
Original documents
Photocopies of documents
Separate (individually)
One set of documents
Other (please specify)
If you wish to add any further explanation concerning the documents notarisation/legalisation, please use
the following lines:
IX.
ADDITIONAL INSTRUCTIONS
Special billing instructions
Correspondence dispatch instructions:

Courier
Weekly courier to our local office
Certified mail
Air mail
If you wish your documents to be sent to another address, please specify:
If you wish to send this form by fax, please fill out the following section with your personal
information:
Name of your office
Address
Phone
Fax
E-mail
Your name
Signature
Date
www.mossfon.com
I. CONSTITUTION
(Mossack Fonseca & Co. creates only Panamanian Private Foundations)
Proposed names (in order of preference):

1. ......................................................................................................................................................................................................................................................
2. ......................................................................................................................................................................................................................................................
3. ......................................................................................................................................................................................................................................................
4. ......................................................................................................................................................................................................................................................
No Preference - MOSSFON office to choose name of Private Foundation.

The name of the foundation may be expressed in any language and must include the word "Foundation" (also in any language). Just as for Panama Corporations, there are certain words that may not be used, such as "Insurance", "Assurance",
"Seguros", "Bank", "Banco", "Trust", "Fideicomiso", "Fiduciario" and "Stock Exchange", or any other word that has a similar
meaning.
II. PURCHASE OF A SHELF PRIVATE FOUNDATION
Name......................................................................................................................................................................................................................................................
III. FOUNDATION DOCUMENTS:
A. FOUNDATION CHARTER OF THE PRIVATE FOUNDATION
STANDARD REVOCABLE
(founder holds full powers)
SPECIAL
SPECIFY SPECIAL CLAUSES REQUIRED, IF ANY

______________________________________________________________________________________________
______________________________________________________________________________________________
______________________________________________________________________________________________
______________________________________________________________________________________________
Code: SVP-LEG-F-016
Rev.: 1
B. REGULATIONS OF THE PRIVATE FOUNDATION

YES
NO
STANDARD REVOCABLE
SPECIAL
SPECIFY ANY SPECIAL ARTICLES REQUIRED:

..................................................................................................................................................................................................................................................................................
..................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
C. INITIAL ASSETS
STANDARD
The initial endowment of the private foundation is TEN THOUSAND DOLLARS (US$10,000.00), legal currency of the United
States of America.
SPECIAL
If you require a particular amount for the initial assets, please specify: US$
IV. FOUNDER(S)
Mossfon can provide nominee founder(s). For nominee founder(s) fees, please see our fee schedule.
Do you wish us to provide the founder(s)?
YES
NO
If not, please specify who the founder(s) will be:

Tipos de acciones que seran emitidas:
FULL NAME
(Natural or Juridical Person)
ADDRESS
REGISTRATION DATA
(only for juridical persons)
..................................................................................................................................................................................................................................................................................
..................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
...................................................................................................................................................................................................................................................................................
V. MEMBERS OF THE FOUNDATION COUNCIL / OFFICER(S)

Mossfon can provide Foundation Council member(s) and officer(s). For Foundation Council member(s) and officer(s) fees,
please see our fee schedule.
Do you wish us to provide the Foundation Council member(s) / officer(s)?
YES
NO
If not, please specify who the Foundation Council member(s) and officer(s) will be:
Title/ Office
Full Name
(Natural or Juridical person)
Address
Member ....................................................................................................................................................................................................................................................
Member ....................................................................................................................................................................................................................................................
Member ...................................................................................................................................................................................................................................................
President (optional)............................................................................................................................................................................................................................
Treasury (optional).............................................................................................................................................................................................................................
Secretary (optional)............................................................................................................................................................................................................................
Unless the Foundation Council is a juridical person, it may not have less than three (3) members The law does not require
the appointment of officer(s), so it is the client option to have officer(s) or not.
VI. ADDITIONAL REQUESTS
Foundation Seal (not mandatory under Panamanian Law)
MOSSFON to order:
YES
NO
Registered Agent to be provided by MOSSFON.

SPECIAL BILLING INSTRUCTIONS
........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
Dispatch instructions:
Regular Air Mail
Courier
Regular Mail
Weekly courier through Moosfo branch office.
Other instructions relating to the Private Foundation be Created/ Purchased

........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
Purpose of foundation creation / purchase (for our internal files only)

........................................................................................................................................................................................................................................................................
........................................................................................................................................................................................................................................................................
Clients Full name .............................................................................................................................................................................................................................

Address..................................................................................................................................................................................................................................................
Phone number................................................................................................................. Fax ......................................................................................................
E-mail ........................................................................................................................................................................................................................................................
Contact Person ................................................................................................................................................................................................................................
Clients signature ..............................................................................................................................................................................................................................
Date ........................................................................................................................................................................................................................................................
INFORMATION ON CLIENT
NATURAL PERSON
JURIDICAL PERSON
DATE:
CLIENTS FULL NAME
TELEPHONE(S)
FAX(ES)
E-MAIL ADDRESS
CONTACT(S)
PHYSICAL ADDRESS
POSTAL ADDRESS
MAIN ACTIVITY
HOW YOU HEARD OF US:

REFERENCES*
NAME:
ADDRESS:
NAME:
ADDRESS:
NAME:
ADDRESS:
CLIENTS SIGNATURE
Only for Juridical Person use.
CLIENTS NAME
Bank references should be addressed to Mossack Fonseca & Co.
POSITION
CRM-LEG-F-0O3
REV.: 0
From:
To:
Date:
Subject:
Attachment(s):

'ckapur3@gmail.com'
May 17, 2010, 3:42 PM
Fully Managed Company/Foundation -- (1762329/ET/dl)
3
Dear Mr. Kapur,
First of all, we would like to introduce MOSSFON TRUST CORPORATION, which

is the Fiduciary arm of the Mossfon Group. We have been requested by
our Lawyer Alexandra Kourany in order to communicate with you concerning
the acquisition of a Fully Managed Company and Foundation, and open a bank
account with Bank Vontobel at Zurich.
Acquisition of a Fully Managed Company and Foundation:
Would you be so kind as to confirm if you would like to incorporate your

own company/foundation, or would like to acquire one of our readymade
companies/Foundation? In case you decide the latest option, we have
reserved for you the following Panamanian companies/Foundations until 21st
May, 2010, free of charges:
Shelf Companies:
Name
Incorporations date
UNIQUE MARKETING S.A.
10th February 2010
TAYBERRY PROMOTION CORP.
10th February 2010
QUADRILL MANAGEMENT S.A.
9th February 2010
Shelf Foundations

Name
Incorporations date
TALIC UNIVERSAL FOUNDATION
23rd January 2010
PHARELL FOUNDATION
4th January 2010
The Company and the Foundation will have our full nominee services, unless
you instruct otherwise, to wit:
- Provision of our Directors/Officers of the company

- Provision of our Foundation Council
- Provision of authorized signatories for the bank account
Structure:
Just for your information this is the structure that we plan to build for
you in order you may have a better overview of it:
cid:image001.png@01CAF5A9.2C14A8B0
As you will notice from the above chart, you will have a Panamanian
corporation, which will have a bank account. The Panamanian Foundation
will be owner of the company (shares of the Panamanian company will be
issued in the name of the Foundation). Inside the Panama Foundation we
will prepare for you the Regulations with the information about the
beneficiaries.
Opening of a Bank account with Bank Vontobel:
Once we have formed your structure (including the preparation Foundations

Regulation outlining the Assets and Beneficiaries), we may fill out all
the bank forms to open the Companys account with the Bank Vontobel, with
the provision of our authorized signatories. We already have the
bank forms and requirements previously provided by you. However, we
will appreciate if you can provide us the following information:

3. Destiny of the funds and origin of the funds (Source of Funds).
6. The use you will give to the company and the Foundation.
Due Diligence requirements

Our Alexandra Kourany will still be in communication with you in order to
complete the DD documents for our Compliance Dept. However, in addition
to the DD documents, we would appreciate if you can complete, sign and
send to us the attached Master Fiduciary Services Agreement. Thank you
for completing the provision of the due diligence documents to us as they
are necessary to be completed before we provide you the above structure.

We trust you will find this information helpful, and look forward to
receiving your comments.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
MASTER FIDUCIARY SERVICES AGREEMENT (the Agreement)
Incorporation and Fiduciary Administration

The following Master Fiduciary Services Agreement governs the relationship between the
following parties (the Party or Parties):
(1) Mossfon Managers (the Provider, also referred to as Indemnified Person, which
means the Provider and each of its employees, agents, officers and servants from time to
time);
(2) Chetan Kapur, natural person for whom the benefit is created, gained and managed, and
with pre-eminence over the structures; or natural person directly dealing and connected
with the Beneficial Owner who is the actual and real user of all managed products (the
User); and
(3) The Users structure, consisting of all entities to which all services are to be provided
(Companies, Partnerships, Foundations or Trusts, particularly or all together known as
the Entity, the Entity, the Foundation, the Partnership, or the Trust, whether in
singular or plural). This Agreement shall be applicable to all these Entities, whether
already formed or to be created in the future for the benefit of the User. Any additional
entity created shall require no additional agreements.
The User shall give due consideration to the undertakings and indemnities set out herein with
respect to the Provider, who agrees to provide fiduciary services (the Service or Services) to
the Entities. A schedule of the Services offered by the Provider is annexed hereto.
1.
The Providers Duties
1.1
The Provider is appointed to act on behalf of the Entities and its duties are owed solely to
the Entities on the basis of this Agreement. The Provider will provide the Services (or such
other services as may be agreed upon between the Entities and the Provider) with the
reasonable skill and care of a professional corporate and trustee service provider in all
cases as soon as reasonably practical. Time shall not be of the essence in this Agreement.
The Provider shall not be liable or held responsible for any consequences derived from
these Services, whether provided by the Provider or third persons connected with any of the
Services.
1.2
The User and the Entities agree that in connection with the provision of the Services, the
Provider may engage legal and other advisors from time to time on behalf of the Entities
and it is agreed that the costs arising therefrom shall be covered by the Entities as per the
indemnity arrangements referred to herein.
1.3
Forms to be completed and submitted by the User are attached to this Agreement (the
Schedules) in order to facilitate the establishment of the business relationship. The
Provider may at a later time, however, request further forms or documentation from the
User in order to perform the Services requested.
1.4
The provisions stated in this Master Fiduciary Services Agreement and in the Schedules are
binding and mandatory for all future services provided by Mossfon ManagersCorporation
to the User and the Entities.
2.
The Duties of the User and the Entities
2.1
The User and the Entities agree, upon the Providers request, to provide any information,
records and/or financial statements as the Provider may consider necessary in order to
ensure that the Entities comply with all applicable Compliance legislation and that any
officers provided by it can perform their duties to the standard imposed by all applicable
legislation. The User is responsible for ensuring that he has taken and warrants that he has
taken all necessary tax and legal advice in all relevant jurisdictions outside the jurisdictions
where the Entities have been created with regard to the establishment and operation of the
Entities and all moneys derived therefrom, and for ensuring that the activities or proposed
activities of the Entities will not breach the laws of any relevant jurisdiction. Save as
agreed in writing, the Provider is not responsible for advising the User in relation to any
matter whatsoever. The User fully releases the Provider of any consequences derived from
tax matters or any other issues.
2.2
In order to enable the Provider to meet its legal and regulatory obligations in respect of the
Services rendered to the Entities, the User and the Entities agree to keep it fully and
promptly informed of who is the real and ultimate Beneficial Owner and of any changes or
dealings in relation thereto (whether by transfer or grant of option or agreement to do so or
otherwise).
2.3
The User and the Entities undertake forthwith to inform the Provider of any other matters
that might affect the Entities and/or the Providers willingness to provide, or continue to
provide, any of the Services or any matter that is material to the management or affairs of
the Entities.
2.4
The User irrevocably agrees that the Provider can (but shall not in any event be obligated
to) rely on communications received from him/her in determining what steps it is required
to take in administering the Entities. The User shall keep the Provider apprised of its
preferred and most safe and confidential communication methods (encrypted, intranet
systems, secured archives, or any other), but the User shall not refuse to pay any Services
due to lack of safe communications and releases the Provider of any consequences or
damages and keeps the Provider indemnified against any legal claims in this regard.
2.5
The User irrevocably agrees that the Provider may decide to refuse signing documents in
the event that doubts or suspicions arise with regards to their legitimacy and source of
funding or due to illegible, inappropriate or lack of supporting documentation. The User
hereby releases the Provider of any consequences or damages and keeps the Provider
indemnified against any legal claims in this regard.
3.
Fees and Invoicing Arrangements
3.1
A Schedule of the Providers scale of charges is annexed hereto. The Provider is hereby
entitled to alter such scale of charges by giving no less than sixty (60) days written notice.
All fees and charges are exclusive of VAT and other applicable sales duties (if any), which
shall be payable in addition to such fees and charges. If for any reason the VAT is not
charged at any specific moment, the Provider shall be able to charge, invoice and collect it
during any subsequent period.
3.2
The Entities agree forthwith to indemnify the Provider in respect of any and all liabilities,
costs or expenses incurred by the Provider in the course of providing the Services. The
Provider will not be required to incur any expenses or make any out-of-pocket payments in
the course of providing the Services unless the Provider has received sufficient funds in
advance or a special arrangement has been made in this regard.
3.3
Fee notes (including disbursements incurred on behalf of the Entities) will be rendered to
the Entities. The User agrees to pay and discharge any such invoice forthwith on demand
in the event that it remains unpaid sixty (60) days after the due date for payment. In the
event that the User sends payment after sixty (60) days from the date of the invoice, interest
at 2% per month will be levied, in addition to any governmental surcharges which may
arise due to late payments.
3.4
The Provider shall be entitled and is irrevocably authorised to withdraw funds from any
monies held by it on behalf of, or any account managed by it on behalf of, the User and/or
the Entities in order to discharge any and all fees and expenses payable hereunder.
3.5
The User and the Entities agree that the Provider and its associated companies and their
officers, agents and employees shall be entitled to retain any commission or fee which is
paid or may become payable to them - notwithstanding that such commission or fee is
payable as a direct or indirect result of this appointment or any dealing with property,
funds, monies or any assets - which is or may become associated with the appointment
hereunder.
3.6
The Provider shall be entitled to deny the performance of any of its services if there were
outstanding invoices or outstanding Know Your Customer or Compliance documents; and
the Provider shall not be liable for any consequences of such rejection.
4.
Indemnities and Limitation of Liability
4.1
To the extent permitted by law, the User and the Entities jointly and severally undertake
and agree to indemnify each Indemnified Person against any and all costs, claims, losses,
expenses, damages and liabilities whatsoever (including without limitation legal costs and
expenses) that may be incurred or sustained by any Indemnified Person however arising
(other than by reason of fraud or dishonesty on the part of any Indemnified Person) in
connection with the provision of the Services or the performance of this Agreement and/or
their duties as officers of the Entities. The Provider accepts this indemnity for itself and as
trustee or nominee for each Indemnified Person.
4.2
The User and the Entities shall not deem the Provider liable for any reduction or losses in
value of the assets held in trust by the Provider due to fluctuation in stock market values or
foreign currency exchange rates, which the User and the Entities acknowledge is beyond
the Providers control.
4.3
The User and the Entities shall not deem the Provider liable for the management of the
Users or Entities funds on behalf of third party financial institutions such as banks,
securities dealers, stock companies and any other third party financial institution that may
be involved in the Providers delivery of the Services.
4.4
The User and the Entities shall not deem the Provider liable for any delays on behalf of
financial institutions resulting from Compliance issues relating either to suspicious
transactions, local or international transfers, or any delays resulting from any other matters.
4.5
The Provider shall not be liable to the User or the Entities in respect of anything done or
omitted to be done by the Provider under this Agreement. This provision shall have no
application to any liability for death or personal injury arising from the negligence of the
Provider or any Indemnified Person or to any liability arising as a result of fraud on the part
of the Provider or any Indemnified Person.
5.
Confidential Information
5.1
The Provider agrees that where the User or the Entities give it confidential information as
stated herein, it shall use all reasonable endeavours to keep it confidential. Without
prejudice to the said duty of confidentiality, the Provider reserves the right to act for other
clients (including competitors of the User/Entities).
5.2
The User and the Entities acknowledge that the Provider is bound by regulatory and other
obligations under the law of the jurisdiction in which the Services are provided and the
jurisdiction of incorporation of the Entities and agree that any action or inaction on the part
of the Provider as a result thereof shall not constitute a breach of the Providers duties
hereunder.
5.3
Any report, letter, information or advice the Provider gives to the User during this
engagement is given in confidence solely for the purpose of this engagement and is
provided on condition that the User undertakes not to disclose the same, or any other
confidential information made available to the User by the Provider without its prior
written consent. The Provider shall not be held legally responsible for any disclosure of
information.
5.4
The Provider shall not in any event be required or obligated to take any action which it
considers to be unlawful or improper or which may cause it or any Indemnified Person to
incur any personal liability and the User and the Entities agree that the Provider shall not be
liable for refusing to take any such action.
6.
Monies held by the Provider
6.1
Monies held by the Provider on behalf of the User and/or the Entities shall be held in the
Entities accounts. Any monies held in the Providers Trust accounts or in any Escrow
accounts shall be considered monies in transit, always ensuring funds are moved to the
Entities accounts.
6.2
The Provider shall use all reasonable endeavours to ensure that amounts held in the Users
trust accounts are interest-bearing at a reasonably competitive annual interest rate and shall
provide details of such rates from time to time upon request. No interest shall be payable
either in respect of balances not exceeding US$25,000, on amounts in Escrow accounts,
amounts in Checking accounts or on any amounts in transit.
6.3
All interest earned on monies held in accordance with clause 6.2 hereof shall accrue for the
sole benefit of the User or the Entity as the case may be and shall be credited to the relevant
account.
7.
Notices
7.1
Any notice or other document to be served under this Agreement must be in writing and
may be delivered by hand or sent by pre-paid post or facsimile transmission to the Party to
be served at that Party's address as set out below:
For MOSSFON MANAGERS:
Mossfon Building,
54th Street, 3rd Floor
P.O. Box 0832-0886, W.T.C
Panama City, Rep. of Panama
For Chetan Kapur

(PLEASE INDICATE ADDRESS)
Edison E. Teano
7.2
The User/Entity hereby authorises the Provider to communicate with them by unencrypted
electronic mail and agree that the Provider shall have no liability for any loss or liability
incurred by the User/Entity by reason of the use of electronic mail (whether arising from
viruses or otherwise) and hereby releases the Provider from any such liability. The
Provider shall not be liable for any loss or damage caused by the transmission by it of an
infected email.
8.
Assignment
The terms of this Agreement shall be binding upon, and ensure the benefit of, the
successors of the Parties but shall not be assigned in whole or in part by either Party
without the prior written consent of the other. The Provider shall be entitled to assign its
rights and liabilities hereunder by giving no less than sixty (60) days notice to the Entity
and the User.
9.
Termination and Suspension of Services
9.1
This Agreement may be terminated by the Provider or the Entity by giving sixty (60) days
written notice (or such shorter notice as the other Party may agree to accept) to the other
Party whereupon this Agreement and the obligations of the Parties (save as set out in
Sections 4 and 5 and in respect of previous breaches) shall cease and terminate.
9.2
This Agreement may be terminated with immediate effect by notice in writing by either the
Entity or the Provider in the event that:
(a)
the other Party commits any material breach of its obligations under this Agreement
or under any other agreement between the Parties; or
(b)
the other Party goes into liquidation (except for the purpose of a bona fide solvent
amalgamation or re-organisation) or is declared bankrupt; or a bankruptcy petition
is presented against him or a receiver or Provider is appointed in respect of it; or
(c)
any encumbrance takes possession of a material part of the property of the other
Party or execution is levied in respect of the other Partys assets; or
(d)
anything analogous to any of the foregoing occurs in relation to the other under the
law of any jurisdiction.
9.3
The Provider shall be entitled to terminate this Agreement with immediate effect by written
notice to the Entity in the event that any legal proceedings are commenced against the
Entity (including any injunction or investigation proceedings).
9.4
Termination shall be without prejudice to any rights or liabilities of any Party either arising
prior to termination or arising in respect of any act or omission occurring prior to
termination.
9.5
In the event of termination, the Provider shall not be obligated to return all or any part of
the fees and expenses paid to it hereunder (save for amounts paid on account of
disbursements to be incurred).
9.6
In the event of termination, the Provider, the Entity and the User shall each arrange that all
such acts are done as may be necessary to give effect to such termination and the User
shall, within sixty (60) days of the date of termination, procure the appointment of a
successor Provider and replacement officers and the Provider shall, subject to payment of
all amounts due to it, co-operate with the User in relation to such appointments.
9.7
Upon the termination of this Agreement, the Provider shall deliver to the Entity or to whom
it may direct all books of account, correspondence and records relating to the affairs of the
Entity which are the property of the Entity and which are in the Providers possession.
9.8
In any case where the Provider is entitled to terminate this Agreement hereunder the
Provider shall be entitled, without prejudice to such right to terminate, to suspend the
provision of Services hereunder for such period and on such basis as it may determine and
during such period the Provider shall not have any duty to provide any Service hereunder.
9.9
The Entity acknowledges that notwithstanding the right of the Provider to terminate or
suspend its Services in accordance herewith, the Provider (and/or its officers, agents and
employees) may have continuing regulatory/fiduciary duties under applicable law.
Accordingly, without prejudice to its rights, it is agreed that the Provider shall be entitled
(but not obligated) to continue to provide Services so as to discharge such duties and shall
be entitled to charge its applicable rate for the provision thereof and without prejudice to
the generality hereof. The Provider reserves the right to cause the Entity to be dissolved in
accordance with applicable law in such circumstances.
10.
Entire Agreement
This Master Fiduciary Services Agreement constitutes the entire agreement between the
Parties in relation to the provision of Services to the Entity and may only be modified by
agreement in writing signed by or on behalf of the Parties (save that the fees chargeable
hereunder shall be variable as stated in the schedules).
11.
Law and jurisdiction

This Master Fiduciary Services Agreement shall be governed by and construed in
accordance with the laws of the Republic of Panama and any dispute arising in respect
thereof shall be subject to the jurisdiction of circuit courts and the Entity and the User
hereby submit to the jurisdiction of the circuit courts.
Signed this
_________________________________
Chetan Kapur
(the User)
_________________________________
Edison E. Teano
MOSSFON MANAGERS
(the Provider)
From:
To:
Date:
Subject:
Attachment(s):

'ckapur3@gmail.com'
May 20, 2010, 10:23 AM
FW: Fully Managed Company/Foundation -- (1762329/ET/dl)
3
Dear Mr. Kapur,
Hope you are doing well.

We refer to our message below regarding our proposal for the acquisition
of a Fully Managed Company/Foundation.
Since reservation of the shelf companies provided below will expire

tomorrow 21st May, 2010, please let us know whether you would like us to
keep these entities reserved for you for three additional working days.
We await your instructions.
We shall be more than pleased to assist you.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From: Mossfon Trust Corporation

Sent: Lunes, 17 de Mayo de 2010 02:43 p.m.
Cc: Edison Teano - Mossfon Trust; Alexandra Kourany - Lawyers
Subject: Fully Managed Company/Foundation -- (1762329/ET/dl)
Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010

10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:

beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

time);
User); and
1.
1.1
Services.
1.2
1.3
1.4
2.
2.1
2.2
otherwise).
2.3
the Entities.
2.4
2.5
3.
3.1
3.2
3.3
3.4
3.5
hereunder.
3.6
4.
4.1
4.2
4.3
4.4
4.5
5.
5.1
5.2
hereunder.
5.3
information.
5.4
6.
6.1
Entities accounts.
6.2
6.3
account.
7.
Notices
7.1
Mossfon Building,
P.O. Box 0832-0886, W.T.C
For Chetan Kapur

Edison E. Teano
7.2
infected email.
8.
Assignment
and the User.
9.
9.1
9.2
(a)
(b)
(c)
(d)
9.3
9.4
termination.
9.5
9.6
9.7
9.8
9.9
10.
Entire Agreement
11.

Signed this
_________________________________
Chetan Kapur
(the User)
_________________________________
Edison E. Teano
MOSSFON MANAGERS
(the Provider)
From:
To:
Date:
Subject:
Attachment(s):
dleon@mossfon.com
May 21, 2010, 10:14 AM
APERTURA DE CASO /MFT 1764521 DL/ASIGNADO
1
Buenos das,
Favor abrir caso as:
Jurisdiction:
PMA
Client:
Type of Case:
POSSIBLE CONSTITUTION OF FOUNDATION
Company/Case Name:
FAMILY AND CHILDREN CHARITABLE
Management:
Mossfon Managers
R: DL
S: ET / AYA
Gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):

Mossack Fonseca & Co. (Private Compliance Department)
Lurys Madrid - Compliance, Edison Teano - Mossfon Trust
May 20, 2010, 5:54 PM
FW: 1754439 / PANAMA CORPORATIONS AND PRIVATE FOUNDATIONS,
2
Estimada Lurys:
Espero te encuentres muy bien!
Con relacin al expediente del cliente CHETAN KAPUR, te confirmo que

durante la tarde de hoy sostuvimos una conversacin con el cliente y el
mismo se encuentra muy interesado en iniciar a trabajar con nosotros lo
antes posible, por lo que solicitamos que el presente caso de DUE
DILIGENCE sea revisado con prioridad. =) en la medida de lo posible.
El cliente desea adquirir una estructura fully managed completa de

sociedad y fundacin.
Por favor, si hace falta algo adicional nos avisan para poder informarle
al cliente inmediatamente.
Un abrazo y saludos,
Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
From: Sady Garzn - Legal Assistant

Sent: Wednesday, May 19, 2010 3:27 PM
To: Mossack Fonseca & Co. (Private Compliance Department)
Estimadas Compaeras:
Adjuntamos copia de los documentos de debida diligencia para previa

revisin del Sr. Chetan Kapur, con quien estaremos trabajando tanto en la
fiduciaria como en legal.
Los documentos originales estn por llegar a nuestras oficinas,
Gracias.
Sady Garzn
Legal Asistant
Mossfon Building
( + 507 205-5888 ext. 123
7 + 507 263-9218
From:
To:
CC:
Date:
Subject:
Attachment(s):
Chetan Kapur
Dleon@mossfon.com
Edison Teano - Mossfon Trust, Alexandra Kourany - Lawyers
May 20, 2010, 7:40 PM
RE: Fully Managed Company/Foundation -- (1762329/ET/dl)
2
Hi Daniel I am confirming receipt of your email below.
On the shelf corporations, do you have names with INC, LTD, CORP and with
incorporation dates going further back?
I will send over the attached signed shortly. thanks

_____
From: Mossfon Trust Corporation [mailto:mftrust@mossfon.com]
Sent: Thursday, May 20, 2010 10:23 AM
To: ckapur3@gmail.com
Cc: Chetan Kapur; Edison Teano - Mossfon Trust; Alexandra Kourany Lawyers
Subject: FW: Fully Managed Company/Foundation -- (1762329/ET/dl)
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

Dear Mr. Kapur,



Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):
Mossack Fonseca & Co. (Private Compliance Department)

Lurys Madrid - Compliance, Edison Teano - Mossfon Trust
May 21, 2010, 12:04 PM
1754439 / PANAMA CORPORATIONS AND PRIVATE FOUNDATIONS,/
1764580/LM/edl
4
Estimada Licda. Kourany,
Muchas gracias por el mensaje que antecede.
Referente a sus comentarios nos complace indicarle los documentos

pendientes del cliente en el Bufete y de la Fiduciaria:
- Copia de su pasaporte completo (todas las pginas a

colores) debidamente notarizado como fiel copia del original
- Un original de carta de referencia bancaria emitida a otra
entidad bancaria.
- Hoja de Vida (opcional)
- Master Fiduciary (contrato de la fiduciaria)
Aprovechamos para recordarle que todos los documentos de debida diligencia

deben ser enviados en original a la atencin de la Licda. Lurys Madrid.
Por otro lado, le indicamos que hemos finalizado las bsquedas del Sr.
Chetan Kapur director principal de la compaa Thinks Strategic Capital
Management LLC, los mismos no poseen hecho ilcito o dudoso. Su website es
http://www.thinkstrategycapital.com/pages/home.php.
Quedamos a la espera de sus comentarios y estamos a su entera disposicin.
Muchos Saludos,
Emerith De Len
Cumplimiento
mossack_fonseca
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972
* eleon@mossfon.com
_____
De: Alexandra Kourany - Lawyers
Enviado el: jueves, 20 de mayo de 2010 04:44 p.m.
Para: Mossack Fonseca & Co. (Private Compliance Department)
CC: Lurys Madrid - Compliance; Daniel Len - Mossfon Trust; Edison Teano Mossfon Trust; Sady Garzn - Legal Assistant
Asunto: FW: 1754439 / PANAMA CORPORATIONS AND PRIVATE FOUNDATIONS,
Estimada Lurys:
Espero te encuentres muy bien!
Con relacin al expediente del cliente CHETAN KAPUR, te confirmo que

durante la tarde de hoy sostuvimos una conversacin con el cliente y el
mismo se encuentra muy interesado en iniciar a trabajar con nosotros lo
antes posible, por lo que solicitamos que el presente caso de DUE
DILIGENCE sea revisado con prioridad. =) en la medida de lo posible.
El cliente desea adquirir una estructura fully managed completa de

sociedad y fundacin.
Por favor, si hace falta algo adicional nos avisan para poder informarle
al cliente inmediatamente.
Un abrazo y saludos,
Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
From: Sady Garzn - Legal Assistant

Sent: Wednesday, May 19, 2010 3:27 PM
To: Mossack Fonseca & Co. (Private Compliance Department)
Estimadas Compaeras:

Adjuntamos copia de los documentos de debida diligencia para previa
revisin del Sr. Chetan Kapur, con quien estaremos trabajando tanto en la
fiduciaria como en legal.
Los documentos originales estn por llegar a nuestras oficinas,
Gracias.
Sady Garzn
Legal Asistant
Mossfon Building
( + 507 205-5888 ext. 123
7 + 507 263-9218
Incorporation And Fiduciary Administration

(1) Mossfon Trust Corporation (the Provider, also referred to as Indemnified Person,
which means the Provider and each of its employees, agents, officers and servants from
time to time);
(2) XXXXXXXXXX, natural person for whom the benefit is created, gained and managed,
and with pre-eminence over the structures; or natural person directly dealing and
connected with the Beneficial Owner who is the actual and real user of all managed
products (the User); and
1.
1.1
Services.
1.2
1.3
1.4
binding and mandatory for all future services provided by Mossfon Trust Corporation to
the User and the Entities.
2.
2.1
2.2
otherwise).
2.3
the Entities.
2.4
2.5
3.
3.1
3.2
3.3
3.4
3.5
hereunder.
3.6
4.
4.1
4.2
4.3
4.4
4.5
5.
5.1
5.2
hereunder.
5.3
information.
5.4
6.
6.1
Entities accounts.
6.2
6.3
account.
7.
Notices
7.1
For MOSSFON TRUST
CORPORATION:
Mossfon Building,
P.O. Box 0832-0886, W.T.C
For XXXXXXXXXXXXXX:
ADDRESS
NAME OF TRUST EXECUTIVE
CONTACT PERSON
7.2
infected email.
8.
Assignment
and the User.
9.
9.1
9.2
(a)
(b)
(c)
(d)
9.3
9.4
termination.
9.5
9.6
9.7
9.8
9.9
10.
Entire Agreement
11.

Signed in __________________________ on this ___ day of ___________ of 20__.
_________________________________
XXXXXXXXXXXXXX
(the User)
___________________________
Date
_________________________________
MOSSFON TRUST CORPORATION
(the Provider)
___________________________
Date
From:
To:
Date:
Subject:
Attachment(s):

'chetan.kapur@aimadvgrp.com'
May 21, 2010, 12:29 PM
Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
5
Dear Mr. Kapur,
Thanks for your message.

It was a pleasure for me to attend your conference call of yesterday with
Mr. Edison Teano and Mrs. Alexandra Kourany. In order to touch base on
what we discussed yesterday, herewith you will find our comments:
Fully Managed Company:

We have reserved for you the following three (3) Panamanian shelf
companies with the endings INC., CORP. and S.A. Regrettably, the
ending LTD. is restricted in Panama and cannot be used for a Panamanian
company.
Name
Incorporations date
GRINSTEAD TRADING CORP.
9th March, 2010
KENTEL INVESTMENTS S.A.
7th April, 2010
ORCALSON FINANCE INC.
18th March, 2010
Once you let us know the name of your preference, we shall proceed to
prepare the correspondent corporate documents. Just for your
information, we will provide our nominee Directors/Officers to the
company, and will issue the whole share capital favor of the Foundation
that you intend to incorporate.
Fully Managed Foundation:

Since you would like to incorporate your own Foundation rather than
acquire a readymade Foundation, we will proceed to verify the availability
of FAMILY AND CHILDREN CHARITABLE FOUNDATION to see if it might be used
for the incorporation of the Foundation. We shall let you know the name
checks result soonest.
Kindly take note that for the Foundation, we will provide our nominee
Founder and Foundation Council through corporate entities that we have
specifically created for this purposes.
Once the Foundation has been incorporated, and the company has issued its
whole share capital in favour of the Foundation, we shall coordinate with
you the Preparation of the Regulation. As previously informed, the
Regulation is a Private document of the Foundation which outlines the
Foundations assets, as well as the name of the beneficiaries. This
document is not registered anywhere, and will not be of public domain.
Opening of a bank account for the Company/Foundation:

We have taken note that you would like to open a bank account for the
Company and the Foundation with the Vontobels bank with the provision of
our authorized signatories. In order for us to be able to fill out the
bank forms, basically we would need you to confirm in writing the
following:

5. Purpose of the bank account and the activities of the company/
Foundation
Costs for the acquisition/incorporation of the Company and Foundation:

- Our expenses and fees for the provision of a Fully Managed
Company is US$3,000.00
Foundation is US$5,000.00
We attach a copy of our quotations for your reference. As our Alexandra

Kourany informed to you yesterday, please do not transfer the funds until
we have received confirmation from our Compliance Department that
everything is in order with the Due Diligence documents. We shall
indicate you when you may arrange your wire transfer.
We would like to point out that the aforementioned fees include the
governments fee and annual fees of the both entities for this year 2010,
fees for drawing up the corporate documents, provision of our nominee
Directors, and provision of our authorized signatories of both bank
accounts.
Annual Maintenance fees of the Company Foundation:

- The annual maintenance fee of the Company will be US$2,600.00
- The annual maintenance fee of the Foundation will be US
$4,100.00
Kindly take note that these fees are charged yearly starting from the next
year 2011.
Due Diligence documents:

We wish to indicate you that our Compliance Dept. has reviewed all the Due
Diligence documents provided, and we shall need to receive the following
additional documents in order to complete our files accordingly.
- Curriculum vitae (reflecting information about you (studies,

jobs, your profession, your source of funds, etc.).
- Master Fiduciary Services Agreement as per the attached draft
duly signed.
- Additional bank reference letter.
- Entire passport (all pages in colors) duly authenticated by a
Notary Public as a true copy of the original
You may provide to us scanned copies of above listed documents via e-mail
to speed up the approvals process with our Compliance Dept. However,
we must receive all the DD documents in original by courier.
We hope you will find this information useful, and please do not hesitate
to ring again should you have any query on this matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From: Chetan Kapur [mailto:chetan.kapur@aimadvgrp.com]

Sent: Jueves, 20 de Mayo de 2010 06:34 p.m.
Subject: RE: Fully Managed Company/Foundation -- (1762329/ET/dl)


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com
MOSSFON
85 EAST END AVE, 11 E
NEW YORK, NY - 10028
UNITED STATES OF AMERICA
Page 1 of 1
MANAGERS
ALL OUR INVOICES ARE PAYABLE
UPON RECEIPT
You can pay your invoices through our ONLINE PAYMENT SYSTEM.
If you wish to subscribe to this service you can contact us by sending an
email to mfmanagers@mossfon.com or call us at (507) 214-9372
or (507) 214-9373 ).
Quotation No.:
C-1764521
DATE:
MAY 21, 2010
SERVICE:
ADMINISTRATION WORK
OUR REFERENCE:
MFM/29256/703809
COMPANY NAME:
Please make your transfer to MF Treasurer LTD. to the

following account:
Correspondent bank: HSBC Bank USA N.A. New York
Swift: MRMDUS33
ABA: 021001088
Beneficiary Bank: HSBC Bank (Panama) S.A.
Swift: MIDLPAPA Account Number 000141186
Beneficiary: MF Treasurer LTD.
Account Number: 0100022707
OUR FEE FOR CONSTITUTION OF PRIVATE FOUNDATION (FULLY MANAGED

FOUNDATION)
5,000.00
Total
5,000.00
Please make payment to MF Treasurer LTD.

HSBC New York
FED WIRE NUMBER(ABA): 021001088
SWIFT: MRMDUS33
HSBC Panama Branch
MF Treasurer LTD.
Account number: 0100022707
Terms:
This invoice
your payment
date of this
month on the
governmental
payments.
is payable upon presentation. If you send

over sixty (60) calendar days from the
invoice, we will levy a 2% interest per
total sum that appears above. Additional
surcharges may apply in the case of late
IMPORTANT NOTICE: Please include this invoice number and/or the name of the company for which the payment is intended.
MOSSFON
CHETAN KAPUR
85 EAST END AVE, 11 E
NEW YORK, NY - 10028
UNITED STATES OF AMERICA
Page 1 of 1
MANAGERS
ALL OUR INVOICES ARE PAYABLE
UPON RECEIPT
You can pay your invoices through our ONLINE PAYMENT SYSTEM.
If you wish to subscribe to this service you can contact us by sending an
email to mfmanagers@mossfon.com or call us at (507) 214-9372
or (507) 214-9373 ).
Quotation No.:
C-1762329
DATE:
MAY 21, 2010
SERVICE:
ADMINISTRATION WORK
OUR REFERENCE:
MFM/29256/58494
COMPANY NAME:
CHETAN KAPUR
Please make your transfer to MF Treasurer LTD. to the

following account:
Correspondent bank: HSBC Bank USA N.A. New York
Swift: MRMDUS33
ABA: 021001088
Beneficiary Bank: HSBC Bank (Panama) S.A.
Swift: MIDLPAPA Account Number 000141186
Beneficiary: MF Treasurer LTD.
Account Number: 0100022707
OUR FEE FOR COMPANY FORMATION SERVICES (FULLY MANAGED COMPANY)
3,000.00
Total
3,000.00
Please make payment to MF Treasurer LTD.

HSBC New York
FED WIRE NUMBER(ABA): 021001088
SWIFT: MRMDUS33
HSBC Panama Branch
MF Treasurer LTD.
Account number: 0100022707
Terms:
This invoice
your payment
date of this
month on the
governmental
payments.
is payable upon presentation. If you send

over sixty (60) calendar days from the
invoice, we will levy a 2% interest per
total sum that appears above. Additional
surcharges may apply in the case of late
IMPORTANT NOTICE: Please include this invoice number and/or the name of the company for which the payment is intended.

time);
User); and
1.
1.1
Services.
1.2
1.3
1.4
2.
2.1
2.2
otherwise).
2.3
the Entities.
2.4
2.5
3.
3.1
3.2
3.3
3.4
3.5
hereunder.
3.6
4.
4.1
4.2
4.3
4.4
4.5
5.
5.1
5.2
hereunder.
5.3
information.
5.4
6.
6.1
Entities accounts.
6.2
6.3
account.
7.
Notices
7.1
Mossfon Building,
P.O. Box 0832-0886, W.T.C
For Chetan Kapur

Edison E. Teano
7.2
infected email.
8.
Assignment
and the User.
9.
9.1
9.2
(a)
(b)
(c)
(d)
9.3
9.4
termination.
9.5
9.6
9.7
9.8
9.9
10.
Entire Agreement
11.

Signed this
_________________________________
Chetan Kapur
(the User)
_________________________________
Edison E. Teano
MOSSFON MANAGERS
(the Provider)
From:
To:
Date:
Subject:
Attachment(s):

Mossack Fonseca & Co. (Foundations)
May 21, 2010, 12:32 PM
FAMILY AND CHILDREN CHARITABLE FOUNDATION -- (1764521/ET/dl)
1
Buenos das,
Favor verificar la disponibilidad de FAMILY AND CHILDREN CHARITABLE

FOUNDATION
Abrir caso bajo Mossfon Managers.
Gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

'chetan.kapur@ts-capital.com'
May 24, 2010, 10:48 AM
RE: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
2
Dear Mr. Kapur,
Thanks for your message below.

We are pleased to confirm that the following companies have been reserved
for you until 27 May 2010.
Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
BEARER/REGISTERED SHARES
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I
Kindly take note that the above indicated companies are the oldest
available for immediate acquisition incorporated in 2010.
In case you are interested in vintage companies i.e. companies

incorporated before 2010, please let us know the year that you are looking
for, so that we may provide you with the names of the available shelf
companies and corresponding prices.
Just for your information, our fees for the acquisition of a Fully Managed
Company are in the amount of US$3,000.00, which applies for new companies
incorporated this year. However, if you need companies incorporated
before 2010, the acquisition fee may vary and it depends primarily on
companys year of incorporation.
We look forward to receiving your instructions, as well as your comments

regarding the additional documents/information that we requested from you
as per our previous communication.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From: Chetan Kapur [mailto:chetan.kapur@ts-capital.com]

Subject: RE: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
Hi Daniel Pls could you find names without Investments, Finance,

Promotion etc in it. Also do you have shelf corporations with a older
starting date? thanks
_____
Sent: Friday, May 21, 2010 12:30 PM
To: Chetan Kapur
Subject: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010

following:

Foundation


accounts.


$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____

Dear Mr. Kapur,


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010

9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):
Mossfon Trust Corporationw

'chetan.kapur@ts-capital.com', 'chetan.kapur@aimadvgrp.com'
May 24, 2010, 5:56 PM
2
Dear Mr. Kapur,
Further to our previous communication, we are pleased to confirm that the

name FAMILY AND CHILDREN CHARITABLE FOUNDATION is available for the
incorporation of your Foundation.
We look forward to receiving your additional comments/instructions.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Lunes, 24 de Mayo de 2010 09:49 a.m.
To: 'chetan.kapur@ts-capital.com'
Cc: Edison Teano - Mossfon Trust; Alexandra Kourany - Lawyers; Sady Garzn
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Cc: Chetan Kapur; Edison Teano - Mossfon Trust; Alexandra Kourany -
Lawyers
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972

* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010

10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

'pancorp@mossfon.com'
May 25, 2010, 9:17 AM
SHELF ANTIGUAS -- (1762329/ET/dl)
1
Buenos das,
Favor enviar listado y precios por la adquisicin de sociedades shelf del

ao 2007. Preferiblemente que las sociedades tengan terminaciones CORP.
e INC., y que no contenga palabras como: Investments, Finance, Promotion
etc.
Muchas gracias y quedamos en espera de sus comentarios.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):
dleon@mossfon.com
May 25, 2010, 9:14 AM
4
Adjuntar en este caso
PMA
1762329
MR. CHETAN KAPUR
CHETAN KAPUR
58494
1. POSSIBLE CONSTITUTION OF COMPANY / FULLY MANAGED SERVICES
13-05-2010
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Hi Daniel Can you please provide shelfs with incorporation in 2007, and
pricing for this. Either way, would prefer companies with CORP, LTD. Or
INC, versus SA.
Am reverting with the other documents requested very shortly, and will
send all hardcopy to follow. Thanks
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010

7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):
dleon@mossfon.com
May 25, 2010, 9:15 AM
4
Adjuntar en este caso
PMA
1764521
MR. CHETAN KAPUR
703809
1. POSSIBLE CONSTITUTION OF FOUNDATION / FAMILY AND CHILDREN CHARITABLE
21-05-2010
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Thanks. This is good to hear.

_____
To: Chetan Kapur; Chetan Kapur
Dear Mr. Kapur,
Further to our previous communication, we are pleased to confirm that the

name FAMILY AND CHILDREN CHARITABLE FOUNDATION is available for the
incorporation of your Foundation.
We look forward to receiving your additional comments/instructions.

Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Lunes, 24 de Mayo de 2010 09:49 a.m.
To: 'chetan.kapur@ts-capital.com'
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:


Foundation


accounts.

$4,100.00
year 2011.


duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.



Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

May 26, 2010, 10:34 AM
2
Dear Mr. Kapur,
As per your request, we have reserved for you the following Panamanian
shelf companies incorporated in 2007 until 28th May, 2010:
Jurisdiction
Company
Registered on
PANAMA
HEATHVILLE INDUSTRIES INC.
03-DIC-2007
PANAMA
GLENHOPE HOLDINGS INC.
27-DIC-2007
PANAMA
ROSSINGTON GROUP CORP.
06- DIC-2007
The acquisition price of any of these companies is US$7,950.00 due to the

reasons explained in our previous communication. In case you decide to
acquire any of these vintage companies, please let us know the reasons for
acquiring a vintage company rather than a company incorporated this year
2010.

We look forward to receiving your instructions, as well as the other
documents/information indicated in your message below.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,


Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):
Daniel Len - Mossfon Trust

Mirzella Tun - Corporations, 'pancorp@mossfon.com'
May 28, 2010, 9:32 AM
RE: AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg -(1762329/ET/dl)
2
Hola Mirzella,
Tendrs disponible sociedades del 2007 pero incorporadas antes de mayo?
Nuestro cliente est muy interesado en adquirir una de estas sociedades, y

solicit un descuento. Cul sera el mejor precio que nos pueden dar por
esta sociedad?
Muchas gracias y quedo en espera de tus comentarios.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From: Mirzella Tun - Corporations

Sent: Martes, 25 de Mayo de 2010 04:40 p.m.
Cc: Edison Teano - Mossfon Trust
Subject: RE: AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg
Es de US$4,950.00 + ITBMs
Saludos /Regards,
Mirzella Tun
Corporations Department
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218
* pancorp@mossfon.com

To: Mossack Fonseca & Co. (Corporations - Panama)
Cc: Mirzella Tun - Corporations; Edison Teano - Mossfon Trust

Muchas gracias Mirz!
T me podras decir cul sera el precio aplicable para un cliente

privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From: Mossack Fonseca & Co. (Corporations - Panama)

Sent: Tuesday, May 25, 2010 2:06 PM
To: Mossfon Trust Corporation
Subject: AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg
Estimado Daniel:

Gracias por su mensaje que antecede.
En atencin a su solicitud, le informamos que hemos reservado para usted

las siguientes sociedades incorporadas en 2007, hasta el 28 de Mayo de
2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Por otro lado los costos por la adquisicin de una sociedad en Panam
incorporada en el 2007 son los siguientes:

Honorarios
Costos
INCORPORACION / ADQUISICION
3,160.00
Ms el 5% de ITBMS.
Quedamos en espera de sus instrucciones.

Saludos cordiales,
Mirzella Tun/Gisselle Gonzlez
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327
* Corporate@Mossfon.com


Subject: SHELF ANTIGUAS -- (1762329/ET/dl)
Buenos das,
etc.
Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

May 14, 2010, 6:09 PM
10
First Background.

Edison Teano
Trust Executive
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972

Estimado Edison,

de hoy.


[ckapur3@gmail.com]
negociaciones.

se lo agradecera.
Saludos,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 23:02:18 -0400
Passport Copies
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:42:21 -0400
KYC References
1
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:53:43 -0400
1
_____
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 22:29:55 -0400
FW: Professional Reference Letter
1
Hi Alexandra 13 Pls find one reference letter attached. I am sending the

other reference letters and Client Info Form/ Service Provision email via
a separate email.
I will also forward account opening docs received from Bank vontobel. I
will be sending Passport and Utility bill etc tomorrow.
Pls let me know whether the fee for services will be invoiced or payment
is required at start. Either way, please provide the wire details, as we
would like to get this setup as soon as feasible.
Thanks
=
From:
To:
Date:
Subject:
Attachment(s):
chetan.kapur
Mon, 10 May 2010 23:44:30 -0400
Bank Account Opening Docs for Bank Vontobel
5
Page 1/3
08.01.2010 09:19
112e0110
Account/custody account designation
1.
The undersigned
(hereinafter referred to as the "Collateral Provider")1)
hereby pledges, transfers or assigns to Bank Vontobel AG (hereinafter the "Bank")) as security or collateral
for all currently existing or future claims and receivables of the Bank due from the Collateral Provider and/or
from
(hereinafter referred to as the "Debtor")1)
1)
For reasons of clarity, this term shall be understood to include both individual and multiple clients.
or its legal successor arising in connection with the business relationship with the Bank, including past due and
current interest, expenses and commission fees, as well as all fees and costs associated with the sale of the
collateral,
the following assets (hereinafter also referred to as the "Collateral"):
any and all book-entry securities, securities, uncertificated securities and global certificates, including any
and all rights, in particular rights to the surrender of assets as well as all rights of co-ownership to other
collective deposits of securities, currently or in future held directly or indirectly with the Bank or lodged in
the Bank's name with third parties for the account of the Collateral Provider,
any and all other claims and assets held with the Bank now or in the future as well as other rights, in
particular rights to bank-held collective deposits, precious metal account balances, claims from fiduciary
investments and balances in all currencies, including any and all income produced by them,
any and all assets, claims and rights against third parties listed in any annexes to this document as well as
any and all claims and rights, including any ancillary rights, held by the Bank under a separate agreement
with the Collateral Provider or otherwise held by the Bank on a fiduciary basis.
Bank Vontobel AG
The security interest covers all the above assets in their entirety even if their value is increased in future by
additions or in any other manner. In the event that individual items covered by this Agreement are replaced by
others, these shall automatically be included in the Agreement in substitution of those which they replace. The
Collateral Provider shall at the Bank's request immediately undertake any action that may be necessary to effect
the transfer of the assets.
Securities not issued to bearer or transferred to the Bank by full endorsement shall be deemed to be assigned to
the Bank by way of pledge within the meaning of Article 901 Para. 2 of the Swiss Federal Civil Code (CC).
2.
In case of real property mortgage titles, the costs of collection and interest in arrears as well as interest for
the current year plus the three preceding years calculated on the contractually agreed basis shall likewise be
deemed to be pledged or assigned (Article 818 CC).

Page 2/3
08.01.2010 09:19
112e0110
3.
The Collateral shall be held in safe custody, insofar as its nature permits, in accordance with the Bank's General Terms and Conditions and Safe Custody Regulations. The Bank shall be entitled to give notice for and collect claims and securities and, in the case of real property mortgage liens, to exercise all rights incumbent
upon the mortgager. The Bank may also take assets lodged with third parties into its own custody at any
time.
These powers are irrevocable and shall not expire upon the death of the Collateral Provider or for any of the
other grounds stipulated under Article 35 of the Swiss Federal Code of Obligations.
4.
Should the value of the Collateral have fallen or appear likely to fall, or should the Bank for any other reason
no longer regard the Collateral as adequate in respect of its claims, the Collateral Provider shall be obliged at
the Bank's first demand to provide additional cover ("margin call") or to make a corresponding repayment.
That notwithstanding, the Bank shall be free to permit such under-coverage without alerting the Collateral Provider ; i.e. the Bank is under no obligation to bring the Collateral Provider's attention to such
under-coverage or to make a margin call in the event of an actual or imminent fall in value.
If the Collateral Provider does not fulfil this obligation within the period set by the Bank, if such fulfilment is
inadequate or if the Collateral Provider is in arrears in respect of other obligations towards the Bank, the Bank
shall be entitled at its discretion, and without regard to the formalities specified in the Swiss Federal Law on
Debt Collection and Bankruptcy or to the relevant legal provisions in force at the place of disposal of the
Collateral abroad - but on condition that necessary and reasonable notification be given to the Collateral
Provider and/or Debtor - to dispose of the Collateral freely or by enforcement.
5.
The Bank may at its discretion delay the disposal of any third-party collateral and assignments of collateral
until other items of collateral have been disposed of.
Should proceedings in bankruptcy or (court or out-of-court) composition or settlement proceedings be instituted
against the Debtor or should receivership be decreed, the Bank shall have the right at its discretion to dispose
immediately of third-party collateral up to the amount of its registered claims and not to set off the proceeds
against its remaining claims until after termination of said proceedings, or to delay disposal until termination of
the proceedings.
Bank Vontobel AG
6.
If more than one claim is outstanding, the Bank shall at its discretion decide which of the claims the proceeds from the disposal of the Collateral shall be set off against.
7.
Notice concerning risk: The liabilities secured against the Collateral Provider's assets are independent of
the value of this Collateral. The Bank shall set the collateral value of the Collateral at its discretion. The
Bank has the right to alter the collateral value of individual items of Collateral at any time without prior announcement and without stating a reason, and to exclude assets entirely from the Collateral pool.
The Collateral Provider is aware that the value of the Collateral may decline, potentially to zero, particularly in the event of falling prices. Consequently, its collateral value may also fall, and the Collateral
become inadequate for the cover purposes. The Collateral Provider is further aware that the Collateral
may have to be sold during a market downturn and that considerable losses may thus have to be realized, and that the disposal of the Collateral may not cover in full repayment of the liabilities covered by
the Collateral, meaning that the Collateral Provider may have to service his liabilities from his other assets or income at any time.

Page 3/3
08.01.2010 09:19
112e0110
8.
In all other respects, the Bank's General Terms and Conditions shall apply.
9.
This agreement shall be governed by and construed in accordance with Swiss law. The place of performance,
the place of debt collection for Collateral Providers domiciled outside Switzerland and the exclusive place of
jurisdiction for all legal proceedings shall be Zurich. The Bank reserves the right, however, to take legal
action against the Collateral Provider before the authority of his domicile or before any other competent court
or debt collection authority, in which event exclusively Swiss law shall remain applicable.
Place/Date
The Collateral Provider
Bank Vontobel AG
Debtor's signature (to be appended if Collateral is provided for third-party debt)

Page 1/1
(Form A pursuant to Art. 3 and 4 CDB)
108e0708
Account/safekeeping account
Contracting partner
Category (where appropriate)
The contracting partner hereby declares that the individual(s)/partnership(s)/legal entity (entities) listed
below is/are the beneficial owner(s) of the assets deposited under the above relationship. If the contracting
partner is also the sole beneficial owner of the assets, the contracting partner's details must be set out below:
Full name(s) (or company name)
Date of Birth, Nationality, Address/Domicile, Country
The contracting partner undertakes to automatically inform the bank of any changes.
Date
Signature
Bank Vontobel AG
It is a criminal offence to deliberately provide false information on this form (Art. 251 of the Swiss Penal
Code, document forgery; penalty: imprisonment for up to five years or a fine).

Page 1/1
for legal entities
110e0302
Account name
Unless otherwise specified in separate agreements, the following signatory powers shall apply to all present
and future account(s) and custody account(s) maintained with Bank Vontobel AG under the above-mentioned
designation:
Holder of Account / Custody Account
Company
Street / no.
Postal code, town, country
Authorized Representatives
Holders of Powers of Attorney

Date of
birth
Signatory
powers
Specimen signature
Date of
birth
Signatory
powers
Specimen signature
sole or joint
Bank Vontobel AG
The signatory powers notified to the Bank in writing shall, notwithstanding any different arrangement set out
in entries in the Corporate Register or in published announcements, remain in force until such time as they
shall have been revoked in a written communication to the Bank.
All legal aspects of the relationship between the Client and the Bank shall be governed exclusively by Swiss
law. The place of performance, the exclusive place of jurisdiction for all legal proceedings and the venue for
enforcement of payment (the latter only for clients domiciled abroad) shall be Zurich1 , with right of appeal
to the Swiss Federal Supreme Court. The Bank, however, is also entitled to institute legal proceedings against
the Client before any competent court at his/her domicile or any other court having jurisdiction
I/We have taken note of and agree to the General Business Conditions and the Safe Custody Regulations
of the Bank as well as of the above-mentioned special terms, in particular the clause referring to the
place of jurisdiction.
Place and date
Signature(s) of Holder(s) of Account / Safe Custody

Account

Page 1/3
05.01.2010 08:46

109e0110
Account/safe custody account name
New application
Replacement application of:
Additional application of:
The undersigned 1) (hereinafter referred to as the "Client"1)) instructs Bank Vontobel AG (hereinafter referred
to as the "Bank"), to open and to maintain an account or a safe custody account under the above-mentioned
name. This application does not represent a binding agreement between the parties until it has been accepted
by the Bank. This application shall be deemed to have been accepted once the Bank has entered into a business relationship.
1)
For reasons of clarity, this term shall be understood to include both singular and plural clients.
Holder of account/safe custody account

Company name
Registered office:
Street and number
Postal code and town
Country
Business telephone no.
Mobile telephone no.
E-mail address
Authorised representatives:
Function
Function
Function
Function
Function
Bank Vontobel AG
1. Correspondence instructions
Correspondence is:
to be sent to the above address.
Original
Duplicate
to be held at the Bank ("hold mail").
Original
Duplicate
to be sent to the following address:
Original
Duplicate
German
French
Language of correspondence:
English

(if available)

Page 2/3
05.01.2010 08:46
109e0110
Correspondence includes all notifications from the Bank to the Client (letters, advices, account and safe custody account statements, warnings about the realization of assets, etc.) and any notifications from third parties which the Bank receives for the Client. The Bank shall be entitled at its own discretion to accept correspondence from third parties for the Client or to refuse such correspondence or return it to the third party.
Correspondence which is handled in accordance with the above instructions shall be deemed to have been duly delivered to the Client. This shall also apply to instructions for "hold mail" in particular.
Hold mail shall not be sent to the Client but instead will be retained at the Bank in a safe place in physical or
electronic form and kept ready to be handed over to the Client during the Bank's business hours. In storing
the correspondence, the Bank is discharged from taking any further action. The Client is aware that retention
of correspondence by the Bank may result in disadvantage to him; it is therefore recommended that the Client
check his correspondence on a regular basis. The Bank shall be entitled to charge a fee for this service.
As a rule, correspondence that is not collected, cannot be delivered or is held at the Bank is destroyed after
three years, calculated from the date of issue, without further notification to the Client. This also applies to
correspondence received from third parties. The Bank shall accept no liability for any damages that may arise
from the Client's correspondence instructions, in particular from correspondence to be held at the Bank.
2. Authorisation for securities lending
The Client hereby instructs the Bank to lend lendable securities from his safe custody account listed above.
The detailed provisions of the relevant Basic Document of the Bank (Section C: Terms and Conditions for
Securities Lending) shall apply.
3. Authorisation for fiduciary investments
The Client hereby instructs the Bank to make fiduciary investments using his existing balances in the Bank's
name, but for the account of and at the risk of the Client. The detailed provisions of the relevant Basic Document of the Bank (Section D: Provisions for Fiduciary Investments) shall apply.
Bank Vontobel AG
4. Authorisation to represent at general meetings of shareholders

The Client hereby instructs the Bank, without imposing upon it a legal duty, to represent the shares, bookentry securities and other corporate instruments in his safe custody account at general meetings of shareholders. The detailed provisions of the relevant Basic Document of the Bank (Section E: Representation at
General Meetings of Shareholders) shall apply.


Page 3/3
05.01.2010 08:46
109e0110
5. General provisions and place of jurisdiction

In addition, with respect to all rights and duties of the Client and of the Bank arising from this contractual relationship, the Basic Documents of the Bank (containing: General Terms and Conditions, Safe Custody Regulations, Terms and Conditions for Securities Lending, Provisions for Fiduciary Investments,
Representation at General Meetings of Shareholders and the brochure "Special Risks in Securities Trading") shall apply. The Client confirms that he has received and understood these documents and acknowledged them as binding upon him and that the Bank has explained the risks associated with securities lending to him. These Basic Documents shall also apply to any sub-account/safe custody subaccount.
The present agreement shall be subject exclusively to Swiss law. The place of performance and debt collection for clients domiciled abroad and the exclusive place of jurisdiction for all legal proceedings shall be Zurich. However, the Bank is also entitled to institute legal proceedings against the Client before the competent court at his place of domicile or any other competent court whereby Swiss law shall remain exclusively
applicable.
By signing this account/safe custody account application form, the Client expressly agrees in particular
to the correspondence instructions and to the individual authorisations.
Place
Date
Bank Vontobel AG
Signature of the Client

From:
To:
Date:
Subject:
Attachment(s):

dleon@mossfon.com
May 28, 2010, 9:21 AM
2
Daniel,
Pide tambin descuento en Sociedades. 7500 7250 estar bien.
Saludos,
Edison Teano
Trust Executive
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972

Sent: viernes, 28 de mayo de 2010 08:20 a.m.
Edison,
Yo te pasar mi mensaje listo con todo lo que considero debo decirle al

cliente y tu lo corrijes, incluyendo el precio que le ofreceras.
Si mal no recuerdo me dijiste en un principio US$7,500.00 y lo subimos

hasta 7,950.00, as que podemos bajar a US$7,500.00, o ms si as lo
consideras.
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Viernes, 28 de Mayo de 2010 02:01 a.m.
- Legal Assistant
Hi Daniel Below are the reasons I was thinking of a shelf corporation.

Let me know what you think.
Also does DIC mean December, as would prefer companies incorporated prior
to May 2007. Do you have any other names? The 3rd name works best from
your list. Also the pricing seems significantly steeper is this the best
pricing for these companies?
Please can you also confirm that the disadvantages mentioned below for
shelf corporations are not an issue with the companies you are suggesting
to me.
Thanks
Shelf and Aged Corporations
Shelf Corporation otherwise known as Aged Corporation
A Shelf Corporation," also known as an Aged Corporation (or Aged

Company when referring to an LLC, for example) is a corporation that is
already formed, but not in use, and ready for purchase by a new owner.
There are many reasons that people purchase shelf corporations, and there
are certain things to look out for when considering one of these ready
made corporations.
Why should I use or acquire a Shelf Corporation?
Shelf corporations enable new owners to engage into business, credit, or

real estate agreements as an established company without having to go
through the entire process and waiting time frames of establishing a brand
new corporation. Most potential creditors or business resources are
hesitant to engage brand new or up-start corporations. By approaching them
as an established corporation or company (obviously, the more years the
corporation has been in existence, the better), the more likely your
company will be taken seriously and this may grant your business more
access to credit lines, banking relationships, leases, etc. These banking
relationships, agreements, Dun & Bradstreet-type rating systems, etc.,
should all be considered when looking at potential aged corporations.
Additionally, it is of paramount importance that these shelf corporations
are acquired from trusted sources that know the intricacies of weeding out
those with potential built-in or existing liability.

Once you have properly selected your shelf corporation, it will in turn
enable you to establish an immediate history and instant credibility for
your company and corporate image. In most instances, you will instantly be
able to bid on state contracts (states generally have minimum longevity
rules for companies that are allowed to bid on their contracts), obtain
lines of credit easier and obtain loans from the Small Business
Administration in your state, and attract potential investors more readily
with an established corporation.
As is mentioned above, it is critically important that the shelf
corporation you are considering not have any inherent or lingering
liabilities. For the most part, this can be assured by looking into the
history of the corporation and ensuring that the extent of its business
activities were limited to the application of an Employer Identification
Number and maybe the formation of a bank account.
There are some quantifiable exceptions to this rule. There are times when
very well established corporations get shelved, for a variety of reasons,
and these can be inherently quite valuable due to their tenure or amount
of time in existence. These can be carefully scrubbed for liabilities and
exposure by qualified entities, and are in high demand, with the demand
and their price increasing depending on how long they have been
established.
Simply put, if you are buying an aged corporation directly from its
owners, there is a fair amount of due diligence involved: you should be
concerned if the person or group selling the aged corporation has engaged
in any transactions that may produce some type of future liability for the
corporation or its stockholders. This may not always be easy to examine,
and certainly requires some expert investigation. The best practices
approach is to only acquire aged or shelf corporations from reputable
providers (or resellers) who have a history of successful transactions in
this arena. These providers can be counted upon to provide indemnification
to the purchaser (a guarantee against pre-existing debts or liabilities)
for the sale, and to conduct all of the due diligence prior to offering
the shelf corporation for sale.
Shelf an Aged Corporation Advantages

Saving time by foregoing the time and expense of forming a brand new
corporation
Instant access to contract and government contract bidding. Most state
require that your company be in business for a specified minimum length of
time.
Instance credibility and an appearance of corporate longevity.
More attractive to potential investors and investment capital
Faster and easier access to banking relationships and lines of credit
Shelf and Aged Corporation Disadvantages and Caveats
Pre-existing liability potential

Pre-existing debt issues
Pre-existing business transactions that may lead to future liability
_____
Sent: Wednesday, May 26, 2010 10:35 AM
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA

06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:


Foundation


accounts.

$4,100.00
year 2011.


duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.



Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):
Chetan Kapur
Dleon@mossfon.com
Edison Teano - Mossfon Trust, Alexandra Kourany - Lawyers,
sgarzon@mossfon.com
May 28, 2010, 3:07 AM
2

to me.
Thanks

made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA

27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010

7th April, 2010
18th March, 2010


following:

Foundation


accounts.

- The annual maintenance fee of the Foundation will be US$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):
Mossack Fonseca & Co. (Corporations - Panama)

May 28, 2010, 5:42 AM
FW: Fax Received From on 5/28/2010 at 2:43 AM
1
Fax para su atencin.
Favor confirmar que es para Ustedes.
Saludos,
Rosa
-----Original Message----From: faxadmin@mossfon.com [mailto:faxadmin@mossfon.com]
To: Mossack Fonseca & Co. (Corporations - Panama); MF&Co. - Technical
Support
Subject: Fax Received From on 5/28/2010 at 2:43 AM
Fax Image forwarded from Snappy Fax Network server
From:
To:
Date:
Subject:
Attachment(s):

May 28, 2010, 2:19 PM
AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg -(1762329/ET/dl)
2
Estimado Daniel:

las siguientes sociedades incorporadas en 2007 antes del mes de Mayo,
hasta el 02 de Junio de 2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
JACKSTON INDUSTRIES INC.
23-ABR-2007
I
Por otro lado le confirmamos que hemos considerado el precio de

adquisicin, por lo que el mismo ser de US$2,960.00 para ustedes.
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

To: Mirzella Tun - Corporations; Mossack Fonseca & Co. (Corporations Panama)
Cc: Josette Roquebert - Corporations; Edison Teano - Mossfon Trust
Subject: RE: AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg -(1762329/ET/dl)
Hola Mirzella,

esta sociedad?
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Saludos /Regards,
Mirzella Tun
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218


privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel:

2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Honorarios
Costos
3,160.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Buenos das,

etc.

Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

May 28, 2010, 4:14 PM
2
Dear Mr. Kapur,
We noticed the information you found about shelf companies, and agree with
the advantages reflected on the document.
In connection with the disadvantages for acquiring a vintage company

indicated in your previous communication (i.e. Pre-existing liability
potential, Pre-existing debt issues and Pre-existing business transactions
that may lead to future liability) , we confirm that they will not apply
as none of our shelf companies have carried out activities or entered into
contracts, whatsoever. At the moment we sell a shelf company, we provide
to our clients a letter duly signed by the Registered Agent indicating
that the company has not carried out business/activities.
In regard with the list of vintage companies previously provided, we

apologize for misspelling the month December as DIC, but indeed all these
companies were incorporated in December 2007. However, we have two
available companies incorporated before May, 2007 which has been reserved
to you until 2nd June, 2010, to wit:
Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
We have submitted a request for discount to our high management and we can
offer you one of these shelf companies at US$7,350.00.
We trust you will find this information helpful and look forward to
receiving your further comments/instructions.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.


established.

corporation
time.

_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I



Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010

18th March, 2010


following:


Foundation


accounts.

$4,100.00
year 2011.
duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations

Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 1, 2010, 11:14 AM
AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg -(1762329/ET/dl)
2
Estimado Daniel,
Gracias por tu mensaje.
En atencin a nuestro mensaje que antecede, le recordamos que la reserva

de las sociedades del 2007 que usted solicito en das pasados, expira el
da de maana 02 de Junio de 2010, agrademos nos informe si est
interesado en adquirir una de estas sociedades o si desea hacer la
extensin de las reservas por das adicionales.
Quedamos a la espera de sus instrucciones.
Saludos cordiales
Mirzella Tuon/ Gisselle Gonzlez
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Subject: AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg -(1762329/ET/dl)
Estimado Daniel:

Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA

23-ABR-2007
I

Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

To: Mirzella Tun - Corporations; Mossack Fonseca & Co. (Corporations -
Panama)
Hola Mirzella,

esta sociedad?
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Saludos /Regards,
Mirzella Tun
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218


privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel:

2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Honorarios
Costos
3,160.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327


Buenos das,

etc.
Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 1, 2010, 12:27 PM
RE: AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg -(1762329/ET/dl)
2
Estimada Giselle,
Si, te agradezco por favor mantener activa la reserva de estas compaas

del 2007.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Martes, 01 de Junio de 2010 10:16 a.m.
Estimado Daniel,

Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Estimado Daniel:

Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA

23-ABR-2007
I

Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Hola Mirzella,

esta sociedad?
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Saludos /Regards,
Mirzella Tun
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218


privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel:

2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Honorarios
Costos
3,160.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Buenos das,

etc.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

dleon@mossfon.com
May 28, 2010, 12:11 PM
FW: Fax Received From on 5/28/2010 at 2:43/ adjuntado al caso 1762329 DL
1
FYI, fax from Mr. Kapur

Saludos /Regards,
Cristina Perez
Mossfon Building
+ 507 2069490 ext. 34
+ 507 2650378
cperez@mossfon.com
-----Original Message----From: Mossack Fonseca & Co. (Corporations - Panama)

Subject: FW: Fax Received From on 5/28/2010 at 2:43/ adjuntado al caso
1762329 DL
Fax para su atencin.
Favor confirmar que es para Ustedes.
Saludos,
Rosa
-----Original Message----From: faxadmin@mossfon.com [mailto:faxadmin@mossfon.com]
To: Mossack Fonseca & Co. (Corporations - Panama); MF&Co. - Technical
Support
Subject: Fax Received From on 5/28/2010 at 2:43 AM
Fax Image forwarded from Snappy Fax Network server
From:
To:
Date:
Subject:
Attachment(s):

Mossfon Trust Compliance Department
Jun 1, 2010, 12:41 PM
Sr. Chetan Kapur
2
Estimada Lurys,
Te adjunto copia del pasaporte y Master Fiduciary services Agreement

debidamente firmado por el Sr. Chetan Kapur para tu referencia.
Me comunicar con el cliente para recordarle que la copia de su pasaporote

debe estar debidamente certificada/notariada, y que a la fecha se
encuentra pendiente recibir los siguientes documentos:
- Curriculum vitae (reflecting information about you (studies, jobs,

your profession, your source of funds, etc.).
Adems le recordar al cliente que todo debe ser recibido en original.
Agradezco recibir tu confirmacin.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

'chetan.kapur@aimadvgrp.com', 'chetan.kapur@ts-capital.com'
Jun 1, 2010, 4:23 PM
2
Dear Mr. Kapur,
We refer to our most recent exchange of e-mails regarding your interest in

the acquisition of a shelf vintage company incorporated in 2007, and the
incorporation of a Private Interest Foundation under the name FAMILY AND
CHILDREN CHARITABLE FOUNDATION. We have reserved for you the name of the
Foundation at the Public Registry of Panama just to avoid that any other
Agent in Panama may incorporate a Foundation with this name, while you go
through our Due Diligence procedures. We look forward to receiving
your final instructions about your requirements in order to touch base on
this matter. It is important to receive also all the information needed
for the opening of the bank accounts for both entities, as per our message
below dated 21st May, 2010.
Regarding your Due Diligence documents, we confirm safe receipt of your

facsimile enclosing a copy of your passport and Master Fiduciary Services
Agreement duly signed. Kindly take note that we need to receive all the
documents in original in order to complete our files in this regard. In
other words, we must receive the original Due Diligence Documents which
copies were previously provided by you via e-mail such as reference
letters, etc, in addition with the following documents:
- Original certified copy of the entire passport (the certified

copy must contain the full pages of the passport and in color). The
passport may be certified either by a Lawyer as true copy of its
original or authenticated by a Notary Public.
- Additional bank reference letter. We received a copy of the
bank reference letter issued from Wachovia, and will appreciate if you can
obtain an additional bank reference letter. If you may provide us a
original reference letter issued from Bank Vontobel, that would be enough
for us.
We thank you for your assistance, and look forward to hearing from you in
order to move forward on this matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

To: 'chetan.kapur@aimadvgrp.com'
- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks


made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur

Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010

following:

Foundation



accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com



_____
Dear Mr. Kapur,

Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):
Chetan Kapur
Alexandra Kourany - Lawyers, Edison Teano - Mossfon Trust, Mossfon Trust
Compliance Department
Jun 1, 2010, 7:46 PM
2
Will follow with originals, and notary of full passport.
Also explained prior to Alexandra on 2nd bank letter (pls refer to that
email). While I have a relation with Bank Vontobel, these will be the
first account opening at the bank.
thanks
_____
Sent: Tuesday, June 01, 2010 4:23 PM
Cc: Alexandra Kourany - Lawyers; Edison Teano - Mossfon Trust; Sady Garzn
- Legal Assistant; Mossfon Trust Compliance Department
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,



Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant
INC, versus SA.

_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA

09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010



following:

Foundation


accounts.

year 2011.

duly signed.
Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:

Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:

beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Mossfon Trust Compliance Department, Lurys Madrid - Compliance
Jun 2, 2010, 9:25 AM
2
I meant que no podemos obtener una segunda carta de referencia bancaria

del Sr. Kapur.
Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Mircoles, 02 de Junio de 2010 08:23 a.m.
To: Mossfon Trust Compliance Department; Lurys Madrid - Compliance
- Legal Assistant; Emerith De Len - Compliance
Estimada Emerith/Lurys,
Favor tomar nota que solo podemos obtener una segunda carta de referencia
bancaria del Sr. Chetan Kapur.
Como podrn apreciar en el correo de abajo, el cliente enviar prontamente

todo los documentos de DD originales.
Atentos saludos.
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Martes, 01 de Junio de 2010 06:44 p.m.
thanks
_____
Dear Mr. Kapur,




for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.


corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____

To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010



following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____

Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:

beneficiaries.



Our Alexandra Kourany will still be in communication with you
complete the DD documents for our Compliance Dept. However,
to the DD documents, we would appreciate if you can complete,
send to us the attached Master Fiduciary Services Agreement.
in order to
in addition
sign and
Thank you


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 2, 2010, 11:34 AM
RE: FAMILY AND CHILDREN CHARITABLE FOUNDATION/1764596/JR/MT/gg
-- ( 1764521/ET/dl)
3
Estimada Giselle,
Nosotros asumiremos los gastos y honorarios. Favor proceder con la

reserva del nombre.
Proceder con esta incorporacin nos tomar un poco ms de tiempo, ya que

el cliente est en el proceso de Due Diligence, y no deseamos tomar el
riesgo de perder el nombre.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Subject: FAMILY AND CHILDREN CHARITABLE FOUNDATION/1764596/JR/MT/gg
Estimado Daniel,
Gracias por su mensaje que antecede
Tome nota que la reserva del nombre en el Registro Pblico de Panam

involucra gastos/honorarios adicionales y el nombre es reservado por 30
das. Nosotros sugerimos no incurrir en estos gastos, ya que una vez
recibamos su confirmacin de incorporacin, la disponibilidad del nombre
es verificada nuevamente.
Quedamos a la espera de futuras instrucciones.
Saludos Cordiales
Mirzella Tuon/Gisselle Gonzlez

Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

To: Mossack Fonseca & Co. (Foundations)
Subject: RE: Mossack Fonseca Case Update / Case No. 1764596
Estimada Giselle,
El cliente est interesado pero estn proceso de completar nuestros

requisitos de Debida Diligencia.
A fin de no perder este nombre, te agradezco realizar la reserva en el

Registro Pblico pagando el gasto correspondiente.
Gracias y saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From: MF&Co. - Case Information Service

Subject: Mossack Fonseca Case Update / Case No. 1764596
Case #:
1764596
File:
FAMILY AND CHILDREN CHARITABLE FOUNDATION
Type of case:
FOUNDATION NAME CHECK
Dear Client,
We are pleased to inform you that this case has just been updated by
Gisselle Gonzlez on 01-June-2010 with these comments:
Estimado Daniel, por favor confirmenos si procedera con la incorporacion
de alguna Fundacion con el nombre FAMILY AND CHILDREN CHARITABLE

FOUNDATION, el cual recibio la confirmacion de su disponibilidad, de lo
contrario confirmar si podemos proceder a cerrar el caso. Saludos
Cordiales.
To View Case Status or to Contact Us with reference to this case ->Click

Here
If you wish to have access to our free Case Information System please send
your request to cases@mossfon.com. and we will provide you with a user
name and password.
Sincerely,
Your Mossfon Team
This e-mail may contain confidential and/or privileged information. If you

are not the intended recipient (or have received this e-mail in error)
please notify the sender immediately and destroy this message. Any
unauthorized copying, disclosure or distribution of the material in this
e-mail is strictly forbidden.
Mossack Fonseca & Co. - All rights reserved.
From:
However, we
To:
Date:
Subject:
Attachment(s):
Mossfon Trust Corporationeviously provided by you.

Jun 2, 2010, 3:36 PM
RE: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)S
2
Dear Mr. Kapur,
We confirm safe receipt of your message, the content of which was duly
noted.
To replace the additional bank reference letter that our Compliance Dept.
is asking, would it possible that you provide us with an additional
professional reference letter? We will appreciate your assistance on this
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:

Foundation



accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,



Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

From:
To:
CC:
Date:
Subject:
Attachment(s):
Chetan Kapur
Jun 2, 2010, 8:41 PM
2
Will look into it.
Please also note that I was referred to your firm by another legal firm.
I am looking to move forward here and think info provided should be

sufficient.
Pls provide names of shelf corporation as requested, if others are

available?
thanks
_____
Sent: Wednesday, June 02, 2010 3:37 PM
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,




for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com


- Legal Assistant

to me.
Thanks


made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant

Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972

Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.

Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010

following:

Foundation


accounts.

year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com


_____

Dear Mr. Kapur,


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com


Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010

9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 3, 2010, 10:03 AM
RE: AVAILABILITY OF PANAMA AGED COMPANIES/JR/MT/gg -- (1762329/ET/
dl)
2
Estimada Gisselle,
Gracias por tu confirmacin.
Esperamos poder darte instrucciones a finales de esta semana, o principios

de la prxima.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Mircoles, 02 de Junio de 2010 06:12 p.m.
Cc: Gisselle Gonzlez - Corporations
Subject: AVAILABILITY OF PANAMA AGED COMPANIES/JR/MT/gg -- (1762329/ET/dl)
Estimado Daniel,
En atencin a su solicitud, le informamos que hemos extendido la reserva

de las siguientes sociedades incorporadas en el 2007, hasta el 07 de Junio
de 2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I
Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Subject: RE: AVAILABILITY OF PANAMA AGED COMPANIES/JR/MT/gg -- (1762329/
ET/dl)
Estimada Giselle,
del 2007.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Subject: AVAILABILITY OF PANAMA AGED COMPANIES/1765164 /JR/MT/gg --
(1762329/ET/dl)
Estimado Daniel:

Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I

Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Hola Mirzella,

esta sociedad?

Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Saludos /Regards,
Mirzella Tun
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218


privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel:

2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Honorarios
Costos
3,160.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Buenos das,
etc.

Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 3, 2010, 11:02 AM
Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
2
Dear Mr. Kapur,
In connection with the shelf companies, kindly take note that we only have
2 (two) vintage companies incorporated before May, 2007, to wit:
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-ABR-2007
These companies have been reserved to you until 7th June, 2010.
We have submitted again a request for discount to our high management, and
we are pleased to indicate you that our best price to you for the
acquisition of one of these entities is US$6,750.00
In case you do not wish to acquire a vintage company incorporated in 2007,

but a company incorporated this year 2010, we shall be able to provide you
our list of available companies containing the names of your preference.

We look forward to hearing from you.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____

Dear Mr. Kapur,



for us.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,



Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.


established.

corporation
time.

_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com



_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010

18th March, 2010


following:


Foundation


accounts.

$4,100.00
year 2011.


duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972

* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

dleon@mossfon.com
Jun 3, 2010, 11:40 AM
FW: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
3
Daniel,
Info. de mensaje de Kourany enviado al cliente.
Saludos,
Edison Teano
Trust Executive
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499.
7 + 507 263-8972

Sent: jueves, 03 de junio de 2010 10:15 a.m.
To: 'Chetan Kapur'
Cc: Edison Teano - Mossfon Trust; Sady Garzn - Legal Assistant; Mossfon
Trust Compliance Department

Dear Mr. Kapur:
We are pleased to confirm that our Compliance Department will not require
any additional letter from your end.
On the other hand, kindly note we received copy of your passport, however,
the copy we received is not notarized by a Public Notary.
We will highly appreciate if you can send us scanned copies of all the
pages of your passport duly legalized by a Public Notary. The first page
of the passport must be scanned in full color.
Thank you very much for your patience and understanding during the Due
Diligence process.
Regards,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327

Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,



Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.

_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA

09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010



following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:

beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

'chetan.kapur@aimadvgrp.com', 'chetan.kapur@ts-capital.com'
Jun 4, 2010, 10:05 AM
4
Dear Mr. Kapur,
Attached you will find a copy of our message sent to you yesterday
regarding the shelf companies.
We look forward to receiving your further comments/instructions.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

_____
De: Chetan Kapur
Para: Alexandra Kourany - Lawyers
CC: Edison Teano - Mossfon Trust; Sady Garzn - Legal Assistant; Mossfon
Enviado: Thu Jun 03 20:43:20 2010
Asunto: RE: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
Hi Alexandra
I will send over all hardcopies. The passport will have all pages
legalized by a Notary Public.
Pls revert on shelf names for the corporation so we can finalize this too.
I will call tomorrow or Monday so we can connect.
thanks
_____
From: Alexandra Kourany - Lawyers [mailto:AKourany@mossfon.com]
Sent: Thursday, June 03, 2010 11:15 AM
To: Chetan Kapur
Cc: Edison Teano - Mossfon Trust; Sady Garzn - Legal Assistant; Mossfon
Dear Mr. Kapur:
We are pleased to confirm that our Compliance Department will not require
any additional letter from your end.
On the other hand, kindly note we received copy of your passport, however,
the copy we received is not notarized by a Public Notary.
We will highly appreciate if you can send us scanned copies of all the
pages of your passport duly legalized by a Public Notary. The first page
of the passport must be scanned in full color.
Thank you very much for your patience and understanding during the Due
Diligence process.
Regards,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327


Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,




for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010

9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):
Chetan Kapur
Jun 4, 2010, 11:07 PM
2
Hi Daniel
Looking for a NAME without Industries, promotion, management etc in it &

then CORP, INC, LTD not an SA . If you have something later than May
07 in 2007 or early 08 this would also work? Are these shelf companies
bearer share companies?
Thanks for your assistance on these shelf names.
Best,
Chetan Kapur
_____
To: Chetan Kapur
Dear Mr. Kapur,
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-ABR-2007

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

Will look into it.

sufficient.

available?
thanks

_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,



Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.


established.

corporation
time.
_____
To: Chetan Kapur

- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com


_____

To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:

Foundation


accounts.

year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com



_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 7, 2010, 9:46 AM
dl)
2
Estimada Gisselle,
Me refiero al siguiente comentario de nuestro cliente el cual se explica

por s solo. Agradezco por favor proveerme 4 sociedades shelf (2 del
2007 y 2 de principios del 2008) y los respectivos precios para cliente
representante y final.

07 in 2007 or early 08 this would also work
Muchas gracias y quedamos en espera de sus atentos comentarios.
Atentos saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Jueves, 03 de Junio de 2010 09:03 a.m.
To: 'pancorp@mossfon.com'
Cc: Gisselle Gonzlez - Corporations; Mirzella Tun - Corporations
ET/dl)
Estimada Gisselle,

de la prxima.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

de 2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I

Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

ET/dl)
Estimada Giselle,


del 2007.
Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Estimado Daniel:

Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I

Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Hola Mirzella,

esta sociedad?
Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


Saludos /Regards,
Mirzella Tun
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218


privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel:

2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Honorarios
Costos
3,160.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Buenos das,


etc.
Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
!
!
!
!
!
!
From:
To:
Date:
Subject:
Attachment(s):

Jun 7, 2010, 6:27 PM
2
Dear Mr. Kapur,
As per your request, we have reserved for you the following shelf
companies:
(shelf companies incorporated later than May 2007):
Jurisdiction
Company
Registered on:
PANAMA
MARGSON COMMERCIAL INC.
13-DEC-2007
PANAMA
OPLER COMPANY CONSULTING CORP.
13-DEC-2007
Our best price for the acquisition of any of the above listed companies is
US$6,750.00, as per our previous e-mail dated 3rd, June, 2010.
(shelf companies incorporated in 2008):
Jurisdiction
Company
Registered on:
PANAMA
QUAITRIDGE INTERNATIONAL ASSETS INC.
23-APR-2008
PANAMA
OCEAN ROCK HOLDINGS CORPORATION
11-JUN-2008
US$5,750.00
Kindly take note that the Articles of Incorporation of all our readymade
companies allow the entities to issue both, bearer and registered shares.
In connection with the Due Diligence process, we hereby confirm that our
Compliance Dept. will not require the additional professional reference
letter as previously confirmed by Ms. Alexandra Kourany. However, our
Compliance Department, have concluded all the investigations and searches
at the internet and they have found on the internet that there was sue
against the company ThinkStrategy Capital Management LLC in one of the
Courts located in New York. Therefore, we will highly appreciate your
confirmation of the ruling of that case. Kindly note that the information
you provide us is just for our internal records, and will be treated with
the highest level of confidentiality.
Finally, our compliance department also need to receive confirmation of

the origin of the funds to be managed by us or used to pay our invoices.
Kindly note this is a standard question we do to all of our clients during
the Due diligence process. We thank you very much in advance for your
cooperation and patience during this process. We are almost done with the
process and ready to move forward once we complete this final step.
We trust you will find this information useful, and look forward to
hearing from you.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Sent: Viernes, 04 de Junio de 2010 10:05 p.m.
Hi Daniel
Best,
Chetan Kapur
_____
To: Chetan Kapur
Dear Mr. Kapur,
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA

23-ABR-2007

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972

* Dleon@mossfon.com

Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,



Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.

_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA

09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010



following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:

beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):
Chetan Kapur
mftrust@mossfon.com
AKourany@mossfon.com, ETeano@mossfon.com, mftcompliance@mossfon.com
Tue, 8 Jun 2010 02:50:26 -0400
Re: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
2
Hi danielLet me call you on the names, as there seems to be a disconnect on names

that I am ideally seeking.
But if nothing else available-- margson commercial would work.
I went over source of funds with alexandra already. It is my savings and
earnings over the years from my past work experiences, and my businesses
(investment advisory, investment management).
The suit is from one of our numerous investors who was trying to get
preferential treatment over other investors in our fof product that has
several share classes. This investor is in our levergaed class that is in
lender settlement. Our legal as you may have read has taken steps to get
the case dismissed and has filed a counterclaim against the investor for
making defamatory, false and incorrect statemements about the firm. Will
keep you posted, but we are confident that our firm and our investors will
see a favourable outcome here.
Will call to chat. You should receive the hardcopies shortly. Thanks
_____
To: Chetan Kapur
Cc: Alexandra Kourany - Lawyers ; Edison Teano - Mossfon Trust ; Mossfon
Trust Compliance Department ; Lurys Madrid - Compliance
Sent: Mon Jun 07 18:27:30 2010
Dear Mr. Kapur,
companies:

Jurisdiction
Company
Registered on:
PANAMA
13-DEC-2007
PANAMA
13-DEC-2007
Jurisdiction
Company
Registered on:
PANAMA
23-APR-2008
PANAMA
11-JUN-2008
US$5,750.00

hearing from you.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Hi Daniel

Best,
Chetan Kapur
_____
To: Chetan Kapur
Dear Mr. Kapur,
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-ABR-2007

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA

27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010

7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):

Lurys Madrid - Compliance
Edison Teano - Mossfon Trust, dleon@mossfon.com
Jun 8, 2010, 10:21 AM
FW: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
3
Estimada Lurys:
Abajo encontrars la respuesta del cliente a las preguntas sobre el

proceso judicial y el origen de los fondos.
Quedamos a la espera de tus comentarios,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327

Sent: Tuesday, June 08, 2010 1:50 AM
Cc: Alexandra Kourany - Lawyers; Edison Teano - Mossfon Trust; Mossfon
Subject: Re: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)

_____
To: Chetan Kapur
Sent: Mon Jun 07 18:27:30 2010
Dear Mr. Kapur,
companies:
Jurisdiction
Company
Registered on:
PANAMA
13-DEC-2007
PANAMA
13-DEC-2007
Jurisdiction
Company
Registered on:
PANAMA
23-APR-2008
PANAMA
11-JUN-2008

US$5,750.00

hearing from you.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Hi Daniel

Best,
Chetan Kapur
_____

To: Chetan Kapur
Dear Mr. Kapur,
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-ABR-2007


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.


established.

corporation

time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I



Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010

7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010

Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 8, 2010, 11:47 AM
4
Dear Mr. Kapur,
Thank you very much for your comments.
In connection with the shelf companies, attached you will find our list of
available readymade companies incorporated in the year 2007 and 2008.
Please let us know the name of the company you wish to acquire from the
list in order to reserve it accordingly.
Just for your information, the months appearing in the list were written
in Spanish, they are as follows:
ENE - JANUARY
ABR APRIL
AGO AUGUST
DIC DECEMBER
We look forward to receiving your instructions.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur

Sent: Mon Jun 07 18:27:30 2010
Dear Mr. Kapur,
companies:
Jurisdiction
Company
Registered on:
PANAMA
13-DEC-2007
PANAMA
13-DEC-2007
Jurisdiction
Company
Registered on:
PANAMA
23-APR-2008
PANAMA
11-JUN-2008
US$5,750.00

hearing from you.

Kind regards,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Hi Daniel

Best,
Chetan Kapur
_____
To: Chetan Kapur
Dear Mr. Kapur,
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-ABR-2007

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,

noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,



Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.


corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.

_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA

09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:

Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:

beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
CC:
Date:
Subject:
Attachment(s):
Lurys Madrid - Compliance

Edison Teano - Mossfon Trust, dleon@mossfon.com, eleon@mfserver
Jun 8, 2010, 12:31 PM
3
Estimada Alexandra,
Luego de revisar la respuesta del cliente, tenemos los siguientes

comentarios:
1. En vista que el cliente menciona que la parte del source of

funds ya la revis contigo en su momento, agradecemos nos proporciones
detalles de esta informacin pues en Compliance an no tenemos claro de
dnde proviene el origen de sus fondos ya que no tenemos un CV del Sr.
Kapur donde pudiramos tener mayores detalles de su experiencia
profesional ya que nos envi una biografa de una presentacin el Power
Point.
2. En cuanto al proceso judicial, sera conveniente solicitarle
copia de la contrademanda y dems recursos interpuestos por sus abogados y
cualquier otro documento que confirme el status del proceso ya que, como
les mencionamos, en internet no logramos ubicar ningn development del
mismo.
Mil gracias por su asistencia y quedamos en espera de sus noticias.

Lurys Madrid
Compliance
Mossfon Building
( + 507 205-5888 ext. 125
7 + 507 263-9218
* madrid@mossfon.com

To: Lurys Madrid - Compliance
Cc: Edison Teano - Mossfon Trust; Daniel Len - Mossfon Trust
Subject: FW: Fully Managed Company/Foundation -- (1762329/1764521/ET/dl)
Estimada Lurys:
Abajo encontrars la respuesta del cliente a las preguntas sobre el

proceso judicial y el origen de los fondos.
Quedamos a la espera de tus comentarios,

Alexandra Kourany
Lawyer
Mossfon Building
( +507 205-5888 ext. 252
7 +507 263-7327


_____
To: Chetan Kapur
Sent: Mon Jun 07 18:27:30 2010
Dear Mr. Kapur,

companies:
Jurisdiction
Company
Registered on:
PANAMA
13-DEC-2007
PANAMA
13-DEC-2007
Jurisdiction
Company
Registered on:
PANAMA

23-APR-2008
PANAMA
11-JUN-2008
US$5,750.00

hearing from you.
Kind regards,

Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Hi Daniel


Best,
Chetan Kapur
_____
To: Chetan Kapur
Dear Mr. Kapur,
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-ABR-2007


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Will look into it.

sufficient.

available?
thanks
_____
To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


- Legal Assistant
Dear Mr. Kapur,


Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972

* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.

established.


corporation
time.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.

Kind regards,
Daniel Len
Mossfon Building

3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010


following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
Dear Mr. Kapur,


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date

10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.




Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 9, 2010, 12:54 PM
AVAILABILITY OF PANAMA AGED COMPANIES/JR/MT/gg -- (1762329/ET/dl)
2
Estimado Daniel,

de las sociedades del 2007 y 2008que usted solicito en das pasados,
expira el da 10 de Junio de 2010, agrademos nos informe si est
Saludos cordiales
Verna de Nelson
Corporations
Mossfon Building
( + 507 205-5888 ext. 627
7 + 507 263-7327

Sent: Lunes, 07 de Junio de 2010 04:20 p.m.
Estimado Daniel:

las siguientes sociedades incorporadas en el ao 2007 y 2008,
respectivamente, hasta el 10 de Junio de 2010
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
13-DIC-2007
II
PANAMA
13-DIC-2007
II

Honorarios
Costos/Representante
3,160.00
Honorarios
Costos/Privado
4,950.00
Ms el 5% de ITBMS.
Sociedades incorporadas en el ao 2008 a saber:
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
23-ABR-2008
I
PANAMA

11-JUN-2008
I
Honorarios
2,215.00
Honorarios
Costos/Privado
3,700.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building

( + 507 205-5888
7 + 507 263-7327

Sent: Lunes, 07 de Junio de 2010 08:46 a.m.
ET/dl)
Estimada Gisselle,


Atentos saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

ET/dl)
Estimada Gisselle,

de la prxima.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

de 2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I
Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

ET/dl)
Estimada Giselle,

del 2007.
Saludos,
Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Estimado Daniel:

Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I

Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Hola Mirzella,

esta sociedad?
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Saludos /Regards,
Mirzella Tun
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218


privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel:

2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Honorarios
Costos
3,160.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Buenos das,

etc.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 9, 2010, 4:45 PM
dl)
2
Buenas tardes Sra. Verna,
Gracias por su mensaje.

Favor extender la reserva de las compaas hasta el 18 de junio de 2010.
Esperamos para la prxima semana haber terminado de aclarar todo con el
cliente.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

de las sociedades del 2007 y 2008que usted solicito en das pasados,
expira el da 10 de Junio de 2010, agrademos nos informe si est
Saludos cordiales
Verna de Nelson
Corporations
Mossfon Building
( + 507 205-5888 ext. 627
7 + 507 263-7327

Sent: Lunes, 07 de Junio de 2010 04:20 p.m.
Estimado Daniel:

las siguientes sociedades incorporadas en el ao 2007 y 2008,
respectivamente, hasta el 10 de Junio de 2010
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
13-DIC-2007
II
PANAMA
13-DIC-2007
II
Honorarios
3,160.00
Honorarios
Costos/Privado
4,950.00
Ms el 5% de ITBMS.
Sociedades incorporadas en el ao 2008 a saber:
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
23-ABR-2008
I
PANAMA

11-JUN-2008
I
Honorarios
2,215.00
Honorarios
Costos/Privado
3,700.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building

( + 507 205-5888
7 + 507 263-7327

Sent: Lunes, 07 de Junio de 2010 08:46 a.m.
ET/dl)
Estimada Gisselle,


Atentos saludos,

Daniel Len
Mossfon Building
3rd Floor
( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

ET/dl)
Estimada Gisselle,

de la prxima.
Saludos,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

de 2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I
Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

ET/dl)
Estimada Giselle,

del 2007.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel,

Saludos cordiales
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Estimado Daniel:

Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
HOLY STAR S.A.
20-MAR-2007
I
PANAMA
23-ABR-2007
I

Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Hola Mirzella,

esta sociedad?
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Saludos /Regards,
Mirzella Tun
Mossfon Building
( + 507 205-5888 ext. 154
7 + 507 263-9218


privado?
Muchas gracias!
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Estimado Daniel:

2010.
Jurisdiccion
Compaia
Registrada en
Periodo
PANAMA
03-DIC-2007
II
PANAMA
27-DIC-2007
II
PANAMA
06- DIC-2007
II
Honorarios
Costos
3,160.00
Ms el 5% de ITBMS.

Saludos cordiales,
Corporations
Mossfon Building
( + 507 205-5888
7 + 507 263-7327

Buenos das,

etc.
Saludos,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com
From:
To:
Date:
Subject:
Attachment(s):

Jun 10, 2010, 11:47 AM
4
Dear Mr. Kapur,
Attached lists of vintage shelf companies.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,
Just a few lines to ask if you had chance to look over the attached list
of vintage shelf companies. We look forward to receiving the companys
name of your preference.
We would like to schedule a conference call with you. Therefore, please

confirm a convenient time and date for you in order to discuss few things
regarding the Due Diligence, and touch base regarding your structure
(company and foundation).
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Trust Compliance Department; Lurys Madrid - Compliance
Dear Mr. Kapur,
Thank you very much for your comments.
In connection with the shelf companies, attached you will find our list of
available readymade companies incorporated in the year 2007 and 2008.
Please let us know the name of the company you wish to acquire from the
list in order to reserve it accordingly.
Just for your information, the months appearing in the list were written
in Spanish, they are as follows:
ENE - JANUARY
ABR APRIL
AGO AUGUST
DIC DECEMBER
We look forward to receiving your instructions.
Kind regards,

Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur
Sent: Mon Jun 07 18:27:30 2010
Dear Mr. Kapur,
companies:
Jurisdiction
Company
Registered on:
PANAMA
13-DEC-2007
PANAMA
13-DEC-2007
Jurisdiction
Company
Registered on:
PANAMA
23-APR-2008
PANAMA
11-JUN-2008
US$5,750.00

hearing from you.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


Hi Daniel

Best,
Chetan Kapur
_____
To: Chetan Kapur
Dear Mr. Kapur,
Jurisdicction
Company
Registered on
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-ABR-2007

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Will look into it.

sufficient.

available?
thanks
_____

To: Chetan Kapur
Dear Mr. Kapur,
noted.
matter.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

thanks
_____
Dear Mr. Kapur,



for us.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
Dear Mr. Kapur,



Jurisdiction
Company
Registered on:
PANAMA
HOLY STAR S.A.
20-MAR-2007
PANAMA
23-APR-2007
Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant

to me.
Thanks

made corporations.


established.

corporation
time.
_____
To: Chetan Kapur
- Legal Assistant

Dear Mr. Kapur,
Jurisdiction
Company
Registered on
PANAMA
03-DIC-2007
PANAMA
27-DIC-2007
PANAMA
06- DIC-2007

2010.


Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

- Legal Assistant
INC, versus SA.
_____
To: Chetan Kapur
- Legal Assistant
Dear Mr. Kapur,

Jurisdiction
Company
Registered on
Period
Type of M&AA
PANAMA
FARRAY CORP.
04-JAN-2010
I
PANAMA
FIREWAY S.A.
04-JAN-2010
I
PANAMA
09-FEB-2010
I


Kind regards,
Daniel Len

Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com


_____
To: Chetan Kapur

Dear Mr. Kapur,


company.
Name
Incorporations date
9th March, 2010
7th April, 2010
18th March, 2010



following:

Foundation


accounts.

$4,100.00
year 2011.

duly signed.
Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com



_____
Dear Mr. Kapur,

Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262
7 + 507 263-8972
* Dleon@mossfon.com

Dear Mr. Kapur,


Shelf Companies:
Name
Incorporations date
10th February 2010
10th February 2010
9th February 2010
Shelf Foundations
Name
Incorporations date
23rd January 2010
PHARELL FOUNDATION
4th January 2010

Structure:
beneficiaries.





Kind regards,
Daniel Len
Mossfon Building
3rd Floor

( +507 206-9490 thru 507 206-9499 - Ext 262

7 + 507 263-8972
* Dleon@mossfon.com

Panama Papers - Chetan Kapur and Kabir Kapur 1

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06

MIN ISTERIO DE ECONOMIA Y FINANZAS

TASA UNICA ANUAL A LAS SOCIEDADES ANONIMAS Y FUNDACIONES DE INTERES PRIVADO

OPI.ER Ca.ANY CON8lA.TIfG CORP.

FIRMA DEL REPRES ENTANTE L EGAL 0 AGENTE RESIDENTE

03. NOMBRE DEL REPRES ENTANTE LEGAL

04. CEOULA 0 No . DE R.U.C.

05. NOMBRE DEL AGENTE RESIDENTE

BUFETE . . & CO.

07. CON STITUIDA BAJO LAS LEYES DEL PAIS

08. FECHA DE IN SCRIP CION EN EL REG IST RO PU BLICO

__________________ 10. ____________________,

PERIODO QUE CUBRE EL PAGO

SELLO DE RECIBIDO DGI

P.O. Box 0832-0886, W.T.C. Panama

From: Edison Teano - Mossfon Trust

Ir abriendo un caso a nombre del cliente Chetan Kapur. Alexandra Kourany

Kourany est solicitando a IT para que logren abrir estos adjuntos.

Por ahora me asignas el caso pero cuando aterricemos en la parte medular

P.O. Box 0832-0886, W.T.C. Panama

From: Alexandra Kourany - Lawyers

Hi Alexandra 13 Pls find one reference letter attached. I am sending the

Dear Mr. Kapur,

Application to open an account

Furtermore, please complete the a/c opening with following documents:

Agreement on Signatory Powers

for legal entities

Postal code, town, country

Holders of Powers of Attorney

Signature(s) of Holder(s) of Account / Safe Custody

Bank Vontobel AG, Gotthardstrasse 43, CH-8022 Zrich

Application to open an account/safe custody account

(for companies, corporations and other institutions)

Account/safe custody account name

Holder of account/safe custody account

Postal code and town

Business telephone no.

Mobile telephone no.

Signing rights (sole/joint)

Last name, first name

Signing rights (sole/joint)

Last name, first name

Signing rights (sole/joint)

Last name, first name

Signing rights (sole/joint)

Last name, first name

Signing rights (sole/joint)

to be held at the Bank ("hold mail").

to be sent to the following address:

Bank Vontobel AG, Gotthardstrasse 43, CH78022 Zrich

Application to open an account/safe custody account

4. Authorisation to represent at general meetings of shareholders

Bank Vontobel AG, Gotthardstrasse 43, CH78022 Zrich

Application to open an account/safe custody account

5. General provisions and place of jurisdiction

Signature of the Client

Bank Vontobel AG, Gotthardstrasse 43, CH78022 Zrich

General Collateral Agreement

Account/custody account designation

Bank Vontobel AG, Gotthardstrasse 43, CH-8022 Zrich

General Collateral Agreement

Bank Vontobel AG, Gotthardstrasse 43, CH-8022 Zrich

General Collateral Agreement

The Collateral Provider

10. __,