| 1. Contingent Liability Nil (Previous year Rs.Nil.)
2. Remuneration paid to Directors Rs.120000/- (Previous year
Rs.120000/-)
3. Estimated amount of capital contract remaining to be executed and
not yet provided for Rs.30,00,000/- (Advance given Rs.4,50,000/-).
4. Related Party Transactions.
As Per AS-18 issued by the institute of Chartered Accountants of India,
the Company's related parties in terms of AS-18 are disclosed below:
List of related Parties:
(a) Key Management Personnel:
Ravjibhai P. Patel Managing Director
Bipinbhai J. Patel Director
Pravinbhai G. Patel Director
Nimesh Jariwala Director
5. No employee was in receipt of Remuneration aggregating to
Rs.24,00,000/- or more per year or Rs.2,00,000/- or more per month for
the part of the year. Previous year also there was no such employee.
6. Small Scale Industries :-
The Company does not possess information as to which of its suppliers
are ancillary Industrial undertaking / Small-Scale industrial
undertaking. Consequently, the liability, if any of interest which
could be payable under the interest of delayed payment to small-scale
and ancillary industrial Act., 1993 can not be ascertained. However,
the company has not received any claim in respect of interest.
7. Additional information pursuant to the provisions of paragraph 3,
4C & 4D of Part II of Schedule VI to the Companies Act., 1956: (Taken,
Valued as certified by the management).
8. Imported raw materials, Spare Parts and components purchased
during the year value Rs.Nil/- (Previous year Rs. Nil)
9. Imported Raw Materials, Spare Parts consumed during the year
Rs.Nil (Previous year Rs.2695314/-).
10. The balance of sundry debtors, sundry creditor and Loans &
Advances account are subject to confirmation.
11. The figures for the previous year have been regrouped and
rearranged wherever considered necessary.
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