| 1. Related Party Disclousure
As per explanation given to us by the management,no payment made to
related parties according to AS-18 "Related Party Disclousures" issued
by ICAI.
2. Preliminary and Share Issue Expenses
Preliminary and share issue expenses are amortized over the period of
Ten accounting years.
3. The figures of the previous accounting period are re-grouped,
re-classified wherever necessary and are not comparable with the
figures of the current accounting year. The figures are rounded to
nearest rupees in lacs.
4. In the opinion of the Board of Directors of the Company the sundry
debtors, Loans and Advances, sundry creditors are subject to third
party confirmation, have a value on realization / payment in the
ordinary course of business, at least equal to the amounts at which
they are stated and the provisions for all known liabilities are
adequately made and are not in excess of the amount reasonably
necessary.
5. Taxation
No Provision of taxation has been made during the year
6. There were no employees in the company during the year
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