| 1. Basis of preparation of Financial Statement
The Financial Statements of the company have been prepared in
accordance with generally accepted accounting principles in India
(Indian GAAP). The company has prepared these Financial Statements to
comply in all material respect with the accounting standards notified
under the Companies (Accounting standards) Rule, 2006, (as amended) and
the relevant provision of the companies Act, 2013.
The Financial Statements have been prepared on the accrual basis and
under the historical cost convention.
2. There is no Micro, Small and Medium Enterprises as defined under
Micro, Small & Medium Enterprises Development Act, 2006 to which
Company owes dues which are outstanding for a period more than 45 days
as on Balance Sheet Date.
The above information regarding Micro, Small and Medium Enterprises has
been determined on the basis of information availed with the Company
and has been duly relied by the auditors of the Company.
3. Provisions of Accounting Standard (AS) - 17 on 'Segment Reporting'
are not been applicable to the Company.
4. In the opinion of the management, the current assets, loans and
advances have a realizable value in the ordinary course of business is
not less than the amount at which they are stated in the Balance Sheet.
5. Balance shown under head Sundry Debtors, Creditors and Advances are
subject to confirmation.
6. Figures have been rounded off to the nearest rupees.
7. Figures in brackets indicate negative (-) figures.
|