Mar 31, 2015
Not Available.
Mar 31, 2014
1. Contingent Liabilities
There is no Contingent Liability as on 31.03.2014.
2. Segment Information
The company is engaged only one reportable segment viz NBFC Activity.
Hence segmental reporting as per accounting standard 17 is not
applicable.
3. Related Parties
The Company has not entered into any transaction of material nature
with the directors.
4. During the year confirmation letters have been issued, however few
confirmations are received till date. Hence, balances of sundry
debtors, sundry creditors, loans & advances payable or receivable are
taken as per books and subject to confirmation and reconciliation, if
any.
5. In the opinion of the Board of Directors the aggregate value of
Current Assets, Loans & Advances on realization in ordinary course of
business will not be less than the amount at which these are stated in
the Balance Sheet.
6. Previous year figures have been regrouped and /or reclassified
wherever necessary to make them comparable with those of current year.
7. Balance Sheet Abstract & Companies General Business Profile as per
Part IV to Schedule of the Companies Act''1956 is as per Annexure
attached.
8. The Company does not owe any sum to SSI Units exceeding Rs. 1 lac
in terms of Notification No GSR129 (E), dated 22/02/1999.
9. In terms of accounting standard 19 on leases:
a. The company has entered into one lease agreement and lease rent in
respect of same is charged to profit & loss account.
10. Additional information pursuant to the provisions of paragraph 3
and 4 of Part II of schedule VI of the Companies Act, 1956 is stated to
the extent applicable to the Company.
Mar 31, 2013
1. Contingent Liabilities
There is no Contingent Liability as on 31.03-2013.
2. Segment Information
The company is engaged only one reportable segment viz NBFC Activity.
Hence segmental reporting as per accounting standard 17 is not
applicable.
3. Related Parties
The Company has not entered into any transaction of material nature
with the directors.
4. During the year confirmation letters have been issued, however few
confirmations are received till date. Hence, balances of sundry debtors,
sundry creditors, loans & advances payable or receivable are taken as
per books and subject to confirmation and reconciliation, if any.
5. In the opinion of the Board of Directors the aggregate value of
Current Assets, Loans & Advances on realization in ordinary course of
business will not be less than the amount at which these are stated in
the Balance Sheet.
6. Previous year figures have been regrouped and /or reclassified
wherever necessary to make them comparable with those of current year.
7. Balance Sheet Abstract & Companies General Business Profile as per
Part IV to Schedule of the Companies Act'1956 is as per Annexure
attached.
Mar 31, 2011
1. Contingent Liabilities
There is no Contingent Liability as on 31.03.2011.
2. Segment Information:
The company is engaged only one reportable segment viz NBFC Activity.
Hence segmental reporting as per accounting standard 17 is not
applicable.
3. Related Parties
a) Transaction on sale purchases of securities with the related parties
arc done the prevailing market price.
4. During the year confirmation letters have been issued, however tew
confirmations are received tilt date. Hence, balances of sundry
debtors, sundry creditors, loans & advances payable or receivable arc
taken as per books and subject to confirmation and reconciliation, if
any.
5. In the opinion of the Board of Directors the aggregate value of
Current Assets, Loans & Advances on realization in ordinary course of
business will not be less than the amount at which these are stated in
the Balance Sheet
6. Previous year figures have been regrouped and /or reclassified
wherever necessary to make them comparable with those of current year.
7. Balance Sheet Abstract & Companies General Business Profile as per
Part IV to Schedule of the Companies Act'1956 is as per Annexure
attached.
8. The Company does not owe any sum to SSI Units exceeding Rs 1 lacs
in terms of Notification No GSR 129 (E), dt. 22/02/1999,
9. Additional information pursuant to the provisions of paragraph 3
and 4 of Part II of schedule VI of the Companies Act,!956 is stated to
the extent applicable to the Company.
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