| Note 1 : Contingent Liabilities not provided for
Sales Tax for Financial Year 1995-96 Rs.76333 (previous year Rs.76333)
Note 2 : Debtors and Creditors
Balance of Creditors, Loans and Advances and Balances with banks are
subject to reconciliation and confirmation.
Note 3: At the year end, the company accumulated losses have
significantly eroded its net worth and there are no manufacturing
operations. However, these accounts have been prepared on a going
concern basis, as the management represented they are in the process of
taking suitable measures to improve financing and profitability of new
operations of the Company
Note 4: No Provision for taxation as well as deferred tax has been
made during the current year since the company is having brought
forward business losses and unabsorbed depreciation
Note 5: Accounting Standard 17 Segment Reporting issued by the
Chartered Accountants of India is not applicable to the company
Note 6: The Company does not have any dues pending to Micro, Small and
Medium Enterprises covered under the Micro, Small & Medium Enterprises
(Development) Act 2006
Note 7: Previous year's figures have been regrouped / reclassified
wherever necessary to correspond with the current year's classification
/ disclosure
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