(ii) Rights, preferences and restrictions attached to shares
Equity Shares: The Company has one class of equity shares. Each shareholder is eligible for one vote per share held. The dividend proposed by the Board of Directors is subject to the approval of the shareholders In the ensuing Annual General Meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.
|
31
|
Contingent Liabilities and Commitments
|
|
(Rs in '000)
|
| |
Particulars 31 March 2024
|
31 March 2023
|
| |
Claims against the Company not acknowledged as debt
|
|
|
| |
- Income tax demands
|
|
-
|
| |
- Indirect tax demands
|
80,759
|
80,104
|
| |
Total
|
80,759
|
80,104
|
Disputed Service Tax Demand for the FY 2008-09 to 2012-13 but the Company has gone for Appeal on the Same and Mangement is expressed its view the outcome will be in the company's favor
Disputed Goods and Service Tax Demand for the FY 2018-19 but the company has gone for Appeal on such disputes and Management expressed its view that the outcome will be in company's favour
36 Other Statutory Disclosures as per the Companies Act, 2013
37 Regrouping
Corresponding previous year's figures, have been regrouped and reclassified wherever necessary In the financial statements
| 