| 1. (a) As per the policy of management each year actual bad debts are
ascertained after the consideration and they are written off.
(b) Balance of Loans, Debtors, Creditors and Deposits & Advances are
subject to confirmation from the respective parties
2. Note :
(a) The company is engaged in the business of Sale of Made Tea, Logs,
Fibre Board, Coal, Iron & Steel items, Wax, Garments, Trading in
securities & Misc. consumer products, etc. The Products and their
applications are homogeneous in nature. The business segments are
organized as domestic and international on the basis of geographical
segment.
(b) Segment assets & liabilities, as well as revenue and expenses are
directly attributable to the segment.
(c) All unallocated assets and liabilities and revenue and expenses are
treated separately.
(d) There are no separate reportable secondary segments.
(e) Accounting policies of the segment are the same as those described
in Summary of significant accounting policies as set out in Note No. 1
of Schedule.
3. The Company has not provided for the loss of inventory of coal
amounting to Rs. 2,25,00,000/- as the appropriate claims have been
filed with the insurance company. Shortfall, if any in respect of the
claim shall be accounted for as and when the claim is settled.
4. Based on the intimation received by the Company and information &
explanations given to us none of the suppliers have confirmed to be
registered under "The Micro, Small and Medium Enterprises Development
Act 2006". Accordingly the disclosures relating to amounts unpaid as at
the year ended together with interest paid or payable is not required
to be furnished.
5. The previous year figures have also been regrouped, rearranged, and
reclassified wherever necessary.
6. The information as required to be furnished pursuant to the General
Instructions to Part I & Part II of the Schedule III to the Companies
Act, 2013 have been given to the extent applicable.
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