o. Contingencies
No provision is made for a liability which is contingent in nature but if material, the same is disclosed by way of notes to the accounts.
Contingent Liabilities and Contingent Assets:
Note 30: Details of Benami Property held
As per information and explanation given us by management, no proceedings has been intitated or pending against the Company for holding any Benami property under Benami Transactions (Prohibition) Act, 1988.
Note 31: Wilful Defaulter
As per information and explanation given us by management, Company is not declared as willful defaulter by any Bank or financial Institution or any other lender.
Note 32: Relationship with Struck off Companies under section 248 of the Companies Act, 2013
As per information and explanation given us by management, Company has not inccured any transactions with Companies struck off under section 248 of the Companies Act 2013 or section 560 of Companies Act 1956.
Note 33: Compliance with approved Scheme(s) of Arrangements
There is no scheme of arrangements which has been approved by the Competent Authority in terms of Sections 230 to 237 of the Companies Act, 2013 in respect of the Company.
Note 34: Compliance with number of layers of companies
The company does not have any layer of Companies as prescribed under clause (87) of section 2 of the Act read with the Companies (Restriction on number of Layers) Rules, 2017.
Note 35: Registration of charges or satisfaction with Registrar of Companies
The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.
Note 36:
The Company has utilised the borrowings from banks and financial institutions for the specific purpose for which it was taken at the balance sheet date and no default has been made regarding the same.
Note 37: Undisclosed income
As per information and explanation given us by management, Company is not having any transaction which is not recorded in books of accounts of Company which has been surrendered in tax assessments under IncomeTax Act 1961.
Note 38: Details of Corporate Social Responsbility
As per the limits prescribed under section 135 of Companies Act 2013, Corporate Social Responsbility clause is not applicable on the company during current Financial year.
Note 39: Details of Crypto Currency or Virtual Currency
As per information and explanation given us by management, Company has not dealt/traded/invested in the Crypto Currency or Virtual Currency during current Financial year.
As per our report of even date For and on behalf of Board
For S. Jaykishan
Chartered Accountants FRN : 309005E
Mohan Lal Parakh Hukum Chand Bothra
(Chairman) (Managing Director)
CA. B.K. Khaitan Din- 02186254 Din: 00550653
PARTNER
Membership No: 052469
Place: Kolkata Sanjay Kumar Singh Mrs Parul Mantri
Dated: 15/05/2024 (Company Secretary &
(Chief Financial Officer) Compliance Officer)
UDIN: 24052469BKFRRX4308 Pan: ATOPS9732Q Membership No: 64689
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