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1.
a) Shares outstanding at the beginning of the year & at the end of the
year :
No shares have been issued or bought back during the current year and
previous year
c) Terms / Rights attached to Equity Shares:
The company has only one class of equity share having a par value of '
10 per share. Each holder of equity share is entitled to one vote per
share. In the event of liquidation of the company the holder of equity
share will be entitled to receive remaining assets of the company
after distribution of all preferential amounts. The distribution will
be in proportion to number of equity share held by the shareholders
d) Aggregate number of bonus share issued, share issued for
consideration other than cash & share bought back during the period of
five years immediately preceding before the reporting date:
During the period of preceding five yrs, the company has not:
- allotted any share without payment being received in cash;
- allotted any share by way of bonus share; and
- bought back any share.
2 CONTINGENT LIABILITIES : Nil ( Previous Year Nil)
3 Trade Receivables includes payment which are overdue amounting to '
33.32 lakhs. However, no provision has been made in the accounts for
the same .
4 Due to the losses incurred by the company, deferred taxation in
terms of Accounting Standard, Accounting for Taxes on Income (AS-22)
issued by the Institute of Chartered Accountants of India, has not
been considered.
5 The Company does not have different segments and hence segment-wise
reporting in terms of Accounting Standard, Segment Reporting - (AS-17)
issued by the Institute of Chartered Accountants of India is not
applicable. Further, the Company has not carried on any production
during the financial year.
6 Depreciation has not been provided for since there is no fixed
assets.
7 RELATED PARTY DISCLOSURES UNDER ACCOUNTING STANDARD 18.
A. Relationship: Associate Companies - Not Applicable
B. Key Managerial Personnel:
(i) Mr. Jayesh Katakia
Related Party Transactions:
(i) Outstanding Loan Amount (including interest payable) to associate
companies and director and other Parties as at 31.03.2015 is Nil
(Previous Year - Nil)
(ii) There are no write offs/ write back of any amounts for any of the
above related parties.
(iii) Other Transactions - Nil
8 There has been no imports or expenditure in foreign currency either
during the year or in the previous year and hence no relevant
information is furnished.
9 Previous Year's figures have been regrouped wherever necessary to
make them comparable with those of current year figures.
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