| 1. Corporate Information :
The Company was registered as private limited company in the name of
Ankush Finstock Private Limited on 04th August, 1993 and was converted
in to Ankush Finstock Limited on 04th April,1995. The main business of
the company is investment & trading in securities. Ankush Finstock
Limited strives to strengthen the business base and search new areas
for sustainable growth of company with the use of modern technology &
management practices.
2. Basis of preparation :
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 respects with the accounting standards notified
under the Companies ( Accounting Standards ) Rules, 2006, (as amended )
and the relevant provisions of the Companies Act, 2013. The financial
statements have been prepared on an accrual basis and under the
historical cost convention.
The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year, except for the
change in accounting policy explained below:
NOTE - 3 - RELATED PARTY DISCLOSURE :
* Related Parties with whom transactions have taken place during the
year :
Bharat M shah
Sahil Shah
NOTE - 4 - DUES TO MICRO AND AND SMALL ENTERPRISES AS DEFINED UNDER
THE MSMED ACT 2006
As informed to us, there are no dues to Micro & Small Enterprises as
defined under the MSMED Act, 2006
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