| (a) Terms/ rights attached to equity shares.
The company has only one class of equity shares having a par value of
Rs.10 per share. Each holder of equity shares is entitled to one vote
per share. '
In the event of liquidation of the company, the holders of equity
shares will be entitled to receive remaining assets of the company,
after distribution of all preferential amounts. The distribution will
be in proportion to the number of equity shares held by shareholder.
(b) The Company does not have a Holding company.
1 Contingent Liabilities Rs. Nil (2011: Rs. Nil)
2 Capital Commitments net of advances: Rs. Nil (2011: Rs. Nil)
3 Related Party
Related Party Disclosure required by the "Accounting Standard -18
Related P3rty Disclosure" is given below:
a) Key Management Personnel
Mr. Ishwar Chand Jain - Director Mr. Purshottam Banspal - Director Mr.
B. P. Sharma - Director
b) Transaction with Related Parties - Nil (2011: Rs. Nil)
4 The Company is a Smalt and Medium Sized Company (SMC) as defined in
the General Instructions in respect of Accounting Standards notified
under the Companies Act, 1956. Accordingly, the Company has complied
with the Accounting Standards as applicable to a Small and Medium Sized
Company.
5 The Company has not received any intimation from Suppliers regarding
their status under the Micro, Small and Medium Enterprises Development
Act, 2006 and hence the disclosure, if any, relating to amounts unpaid
as at the year end together with interest paid/payable as required
under the said Act have not been given.
6 These financial statements have been prepared in the format
prescribed by the Revised Schedule Vi to the Companies Act, 1956.
Previous year figures nave been recast/ restated.
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