(Rs. In. Lakhs)
Notes on Financial Statement
31.03.2015 31.03.2014
1 CONTINGENT LIABILITES ON ACCOUNT OF
(a) Estimated amount of contracts remaining
to be executed on capital 0.00 221.79
account and not provided for ( after
adjusting advances made thereof)
(b) Claims against the company which are
contested/proposed to be contested before
various juducial forums are given as under:
(i) The Cotton Corporation of India
Limited.,Coimbatore 62.59 62.59
(ii) Sales Tax 13.37 11.43
(iii) Income Tax Department 98.76 98.76
(c) On account of Bank Guarntee issued
by UBI favouring to DGFT 9.97 9.97
2 Previous year figures have been re-worked, re grouped, re-arranged
wherever considered necessary.
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