| Note 1: Information required under Para 3 (ii) (b) of Part II of
Schedule VI to the Companies Act, 1956 in respect of items traded
during the year:
a. Since the Company is in the business of trading, the provisions
regarding licensed and installed capacity, as well as production & raw
- material consumption are not applicable.
b. Details of items traded -
Note 2: The Company has not received any intimation from suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 and hence disclosures if any, relating to amounts
unpaid as at the year end together with the interest paid/payable as
required under the said Act have not been given.
Note 3: In the opinion of the Board, the Current Assets Loans and
Advances are not less than the values stated if realized in the
ordinary course of business. The provision for all known liabilities
are adequate and not in excess of the amount reasonably necessary.
Note
4: Deferred tax is recognized, subject to the consideration of
prudence on timing differences, being the difference between taxable
income and accounting income that originate in one period and are
capable of reversal in one or more subsequent periods.
Note 5: The Company has been Registered as Non Banking Finance Company
with RBI vide Registration No.427. The company is in process of
completing pending formalities of compliance with RBI. Note 30: The
balances of Current assets, Current liabilities including Sundry
Debtors, Sundry Creditors, Loans & advances, Secured & Unsecured Loan
balances are subject to confirmation.
Note 6: Related Party Disclosure
i ) Directors & Key management personnel
- Priya Rawal - Women Director , Executive Director .
- Gaurav Bahety - Executive Director
- Rakesh Kumar - Independent Director (Appointed on December 31, 2014)
- Yogesh Kumar - Independent Director (Appointed on December 31, 2014)
- Anil Tondon - Independent Director (cessation on December 31, 2014 )
- Rajendra Gogawat - Independent Director (cessation on December 31,
2014 )
- Manish Jain - Independent Director (cessation on December 31, 2014 )
ii ) Summary of related party transactions
The transaction with the above parties were as follows:
Note 7: Previous year's figures have been regrouped and/or rearranged
wherever considered necessary.
| 