| 1. Pursuant to the enactment of Companies Act 2013, the company has
applied the estimated useful life as specified in Schedule II.
Accordingly the unamortised carrying value is being depreciated /
amortised over the revised / remaining useful life. The written down
value of Fixed Assets whose lives have expired as at 15t April 2014
have been adjusted with the retained earning amounting to Rs. 26391/-
2. An amount of Rs. 1,70,848/- from the Net Profit for the year ended
31.3.2015 has been transferred to RBI Reserve Fund in accordance with
section 45-IC of the RBI Act, 1984 and Provision for Contingent
Provisions against Standard Assets @ 0.25% of Standard Assets has been
Provided as per RBI Notification No. DNBS.222/ CGM(US)-2011 dated
January 17, 2011.
3. Related Parties with whom transactions are taken place during the
year 2014-15 and relationship:
a) List of Related Paties and Relationship:
Key Management Personnel
Abhijit Puglia - Chief Financial Officer
Meenakshi Daga - Executive Director
Khushboo Kedia - Company Secretary
4. In the absence of necessary information with the company relating to
the registration of suppliers under the Micro, Small and Medium
Enterprises Development Act, 2006 the information required under
the Act Could not be Complied and Disclosed.
5. Previous year figures have been regrouped or rearranged wherever
necessary.
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