| 1. Contingent Liabilities & Commitment
A Contingent Liabilities
i) Claim against the company not acknowledged
ii) Guarantees
iii) Other Money for which the company is contingent liable
B Commitments
Estimated amt. of contracts remaining to be executed on capital account
and not provided for
ii) Uncalled liability on share and other investments parties
iii) Other Commitments
2. Pursuant to the Notification No.447 (E) dated February 28,2011 and
Notification No.653 (E) dated March 30, 2011, issued by the Ministry of
Corporate Affairs, the Company has prepared its financial statements
for the year ended March 31, 2014 as per revised schedules VI to the
Companies Act, 1956. Accordingly, the previous year's figures have been
regrouped / reclassified, wherever required to align the financial
statements to the revised format.
3. NOTES FORMING PART OF ACCOUNTS.
1) There are no contingent liabilities nor provided for.
2) Depreciation has not been provided on assets by the company.
3) The value of realization of Current Assets, Loans and Advances in
the ordinary course of business will not be less than the value at
which they are started in the balance sheet.
4) Auditors remuneration is as under :
a) Audit fees Rs. 5000/- (Prv. Yr. 5000/-)
b) Tax adit fees Rs. NIL/-
c) Other matter Rs. NIL
5) The additional Information pursuant to the provision of the
paragraph 3, 4C, and 4D of Part-II of schedule Vi to the companies Act,
1956 has been furnished to the extend possible and applicable because
of the nature of the business of the company.
6) The previous year figure has been regrouped and/or rearranged
wherever necessary.
| 