28. Title deeds of Immovable Property not held in name of the company: This clause is not applicable to the company.
29. There is no Capital-work-in progress in the company.
30. Intangible assets under development: This clause is not applicable to the company.
31. Details of Benami Property held: No proceedings have been initiated or pending against the company for holding any Benami Property under the Benami Transactions (Prohibition) Act, 1988 and the rules made there under.
32. Wilful defaulter: This clause is not applicable to the company.
33. Relationship with Struck off Companies: The Company does not have any transactions with companies Struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.
34. Registration of charges or satisfaction with Registrar of Companies: There are no such charges applicable to the Company.
35. Compliance with number of layers of companies: There are no violations by the Company in respect of number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017.
36. Compliance with approved Scheme(s) of Arrangements: This clause is not applicable to the company.
37. Contingent Liability: Company has disputed demand before Income Tax Department, SEBI & Service Tax Department which are pending before appropriate forum against the assessment order. Said detail is disclosed in Para (vii) (b) of CARO, 2020 report annexed to Auditor's report. CIT(A) vide its order dated 20.12.2024 has resorted all the income tax assessment order for assessment years 2010-11 to 2016-17 to assessing officer for fresh examination of company income tax cases.
38. The amount of income tax refunds are subject to reconciliation by the management.
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