| 1. SHARE CAPITAL
1. Rights, preference and restrictions attached to each class of
shares
a. The Company has only one class of equity shares having right as to
voting and dividend.
2. OTHER NOTES ON ACCOUNT :
1. CONTINGENT LIABILITIES AS MAY ARISE DUE TO :
(I) DELAYED/NON COMPLIANCE OF VARIOUS FISCAL STATUES- AMOUNT
UNASCERTAINABLE
(II) CERTAIN CLAIMS AGAINST THE COMPANY, NOT ACKNOWLEDGED AS DEBTS
AMOUNTS - UNASCERTAINABLE
2. BALANCES APPEARING IN SOME ACCOUNTS UNDER THE HEAD SUNDRY DEBTORS,
BANK BALANCE, SUNDRY CREDITORS, LOANS & ADVANCES, ARE SUBJECT TO
CONFIRMATION AND THEREFORE ADJUSTMENTS, IF ANY, WILL BE MADE IN THE
ACCOUNTS ON THE RECEIPT OF SUCH CONFIRMATIONS.
3. THE COMPANY 'S FINANCIAL YEAR FOR THE PURPOSE OF COMPLIANCE WITH THE
PROVISIONS OF THE COMPANIES ACT, 1956 ENDS ON 31ST MARCH 2014. THE
COMPANY DOES NOT EXCEPT ANY TAXABLE INCOME RELEVANT TO THE PREVIOUS
YEAR ENDED ON 31/03/2013 AND THEREFORE, NO PROVISION FOR TAX, IS
CONSIDERED NECESSARY, FOR THE SAID YEAR.
4. PREVIOUS YEARS FIGURES HAVE BEEN REARRANGED/GROUPED, WHEREVER
NECESSARY.
5. THE COMPANY HAD NOT AMORTISED ITS SHARE ISSUE EXPENSES, REPRESENTED
UNDER THE HEAD PRELIMINARY EXPENSES DURING THE YEAR.
6. IN THE OPINION OF THE MANAGEMENT THE CURRENT ASSETS, LOAN AND
ADVANCES, ARE EXPECTED TO REALIZE, AT LEAST AT THE VALUE STATED IN THE
BALANCE SHEET AND ADEQUATE PROVISION HAVE BEEN MADE, FOR ALL KNOWN
LIABILITIES UNLESS OTHERWISE STATED.
7. ADDITIONAL INFORMATION PURSUANT TO PARAGRAPH 3 & 4 OF PART II OF
SCHEDULE VI OF THE COMPANIES ACT, 1956 TO THE EXTENT APPLICABLE.
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