| (1) In the Opinion of the Board of Directors, Current Assets, Loans
and Advances are realisable.
(2) No further information pursuant 4c and 4d of the part II of
Schedule VI of the Companies Act, 1956 is given, as the same is not
applicable to the company.
(3) Balance in respect of debtors, bank, creditors, Loans and Advances
including Banks are subject to reconciliation and Confirmation.
(4) There is no contingent liability in the Company.
(5) There is no employee drawing remuneration exceeding 12,00,000/-
per annum or 1,00,000/- per month as the case may be.
(6) The company has not made any payment to any related party as
required by AS-18 of ICAI.
(7) The Company has not made any provision relating to the AS-15,
Retirement Benefits. They shall be dealt on cash basis.
(8) The provision of Income Tax has been made considering current
profit and any shortfall of earlier years.
(9) Previous year's figures have been regrouped/rearranged wherever
necessary so as to confirm to the balances of the current year.
(10) Payments to Auditors is as under :-
As Statutory Audit fee Rs. 15,000
As Tax Audit/Income Tax Rs. NIL
As Other Matter Rs. NIL
(11) Earning per share is calculated by dividing profit by no. of
shares.
(12) There is no Additional information pursuant to para (3) & (4) of
part II of Schedule VI of the Companies Act, 1956.
(13) The Company has not provided for impairment of assets as the
company has discarded old assets and purchased new assets. The
construction part is not yet completed, hence taken in to
Capital-work-in-progress.
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