Mar 31, 2015
1) (i) Corporate Information
ALLIED HERBALS LIMITED (formerly known as Rajdhani Leasing & Industries
Ltd.) is a BSE listed company incorporated on 08th November, 1985 vide
CIN- L65921DL1985PLC022476 with the Registrar of Companies, NCT of
Delhi & Haryana, under the provision of Companies Act, 1956. Main
business activity of the company is yet to commence due to non-
availability of suitable business plan.
2) NOTES ON ACCOUNTS FOR THE YEAR ENDED MARCH 31, 2015
a) In the opinion of the board, the current assets, loans and Advances
and other receivables are approximately of the value stated, if
realized in the ordinary course of business.
b) Provision for all known liabilities is adequate and not in the
excess of the amount considered reasonably necessary. However in case
where actual bills are not received, the provision has been made on
estimated basis.
c) Payments to Auditors
As Auditors Rs. 28,090/- (Previous year Rs. 28,090/-) As Adviser Rs.
Nil (Previous year Rs. Nil)
d) No any Sitting Fees for the current year as well as Previous year
has been paid to the directors.
e) No provision has been made for gratuity for this year as the
provisions of Gratuity are not applicable to this company, as no such
employee employed during the year.
f) Balances in respect of Long Term Borrowings, Other Non Current
Liabilities and Long term Loans and Advances are subject to
confirmation, reconciliation and adjustments if any, which in the
opinion of management will not be significant and would be carried out
when settled.
g) i) The Small Scale Industrial Undertaking to whom amount outstanding
for more than 30 days, are Nil.
ii) The company has not received any memorandum (as required to be
filed by the suppliers with the notified authority under the Micro,
Small and Medium enterprises Development Act, 2006) calming their
status as micro, small and medium enterprises. Consequently the amount
paid/payable to these parties during the year is Nil.
* Due to change of management during the previous financial years; the
current status of the demand of Rs.85,349/- raised by way of penalty
order u/s 271(1)(c) of the Income Tax Act,1961 is not available with
the company.
h) Previous year's figures have been regrouped/ re-arranged wherever
necessary to confirm to the current year's groupings/classifications.
i) During the year, there has not been any timing difference that
originates in one period and capable of reversal in one or more
subsequent period, therefore no any Deferred Tax Assets/ Liabilities
has been recognized in the financial statements of the company.
3 (a) TERMS/RIGHTS ATTACHED TO EQUITY SHARES
The company has only one class of equity shares having a par value of
Rs.10/- per share. Each holder of equity shares is entitled to one vote
per share. If the company declares and pays dividends then it will be
in Indian rupees. In the event of liquidation of the company, the
holders of equity shares will be entitled to receive remaining assets
of the company, after distribution of all preferential amounts. The
distribution will be in proportion to the number of equity shares held
by the shareholders.
Mar 31, 2014
1) (i) Corporate Information
ALLIED HERBALS LIMITED (formerly known as Rajdhani Leasing & Industries
Ltd.) is a BSE listed company incorporated on 08th November, 1985
vide CIN- L65921DL1985PLC022476 with the Registrar of Companies, NCT of
Delhi & Haryana, under the provision of Companies Act, 1956. Main
business activity of the company is yet to commence due to non-
availability of suitable business plan.
a) In the opinion of the board, the current assets, loans and Advances
and other receivables are approximately of the value stated, if
realised in the ordinary course of business.
b) Provision for all known liabilities is adequate and not in the
excess of the amount considered reasonably necessary. However in case
where actual bills are not received, the provision has been made on
estimated basis.
c) Payments to Auditors
i As Auditors Rs. 28,090/- (Previous year Rs. 28,090/-)
As Adviser Rs. Nil (PreviousyearRs.Nil)
d) Sitting Fees of Rs.NIL (Previous year Rs.20,000/-) has been paid to
the directors.
e) No provision has been made for gratuity for this year as the
provisions of Gratuity are not applicable to this company, as no such
employee employed during the year.
h) Some of the balances in Current Liabilities and Advances are subject
to confirmation, reconciliation and adjustments if any, which in the
opinion of management will not be significant and would be carried out
when settled.
i) i) The Small Scale Industrial Undertaking to whom amount outstanding
for more than 30 days, are Nil.
ii) The company has not received any memorandum (as required to be
filed by the suppliers with the notified authority under the Micro,
Small and Medium enterprises Development Act, 2006) claming their
status as micro, small and medium enterprises. Consequently the amount
paid/payable to these parties during the year is Nil.
k) Related Party Disclosures:
i) List of related parties with whom transactions have taken place and
relationship:
S. No. Name of Related Party Relationship
1. Shri Sanjay Jain Key Management Personnel and their relatives
2. Shri Rajiv Jain
l) Contingent Liabilities: Claims against the company not acknowledged
as debts: Company has following disputed dues of income tax which has
not been acknowledged by the company as its liability in its financial
Statements:
A.Y. Nature of Dues OrderPassed By Amount (Rs.) Disputed Authority
2007-08 Income Tax Dy. Commissioner of 85,349/- No Details
Penalty u/s Income Tax, available*
271(lXc) Central Circle-
9, New Delhi
2009-10 "income Tax Dy Commissioner of 1,24,01,610/- Before Hdn ble
Demand Income Tax, ITAT, Delhi Central Circle- 9, New Delhi
* Due to change of management during the previous financial years; the
current status of the demand of Rs.85,349/- raised by way of penalty
order u/s 271 (1 )(c) of the Income Tax Act, 1961 is not available with
the company.
m) Previous year''s figures have been regrouped/ re-arranged wherever
necessary to confirm to the current year''s groupings/classifications.
n) During the year, there has not been any timing difference that
originates in one period and capable of reversal in one or more
subsequent period, therefore no any Deferred Tax Assets/ Liabilities
has been recognised in the financial statements of the company.
3 (d) TERMS/RIGHTS ATTACHED TO EQUITY SHARES
The company has only one class of equity shares having a par value of
Rs. 10/- per share. Each holder of equity shares is entitled to one
vote per share. If the company declares and pays dividends then it will
be in Indian rupees. In the event of liquidation of the company, the
holders of equity shares will be entitled to receive remaining assets
of the company, after distribution of all preferential amounts. The
distribution will be in proportion to the number of equity shares held
by the shareholders.
12) Notes on accounts from '' 1'' to ''12'' form an integral part of Balance
Sheet and Statement of Profit & Loss.
Mar 31, 2013
1) (i) Corporate Information
ALLIED HERBALS LIMITED (formerly known as Rajdhani Leasing & Industries
Ltd.) is a BSE listed company incorporated on 08th November, 1985 vide
CIN- L65921DL1985PLC022476 with the Registrar of Companies, NCT of
Delhi & Haryana, under the provision of Companies Act, 1956. Main
business activity of the company is yet to commence due to non-
availability of suitable business plan.
a) In the opinion of the board, the current assets, loans and Advances
and other receivables are approximately of the value stated, if
realised in the ordinary course of business.
b) Provision for all known liabilities is adequate and not in the
excess of the amount considered reasonably necessary. However in case
where actual bills are not received, the provision has been made on
estimated basis.
c) Payments to Auditors As Auditors Rs. 28,090/- (Previous year Rs.
27,575/-) As Adviser Rs. Nil (Previous year Rs. Nil)
d) Sitting Fees of Rs.20,000/- (Previous year 1,00,000)/-has been paid
to the directors.
e) No provision has been made for gratuity for this year as the
provisions of Gratuity are not applicable to this company, amount being
unascertained for the year.
h) Some of the balances in Current Liabilities and Advances are subject
to confirmation, reconciliation and adjustments if any, which in the
opinion of management will not be significant and would be carried out
when settled.
i) i) The Small Scale Industrial Undertaking to whom amount outstanding
for more than 30 days, are Nil.
ii) The company has not received any memorandum (as required to be
filed by the suppliers with the notified authority under the Micro,
Small and Medium enterprises Development Act, 2006) claming their
status as micro, small and medium enterprises. Consequently the amount
paid/payable to these parties during the year is Nil.
j) Previous yearÂs figures have been regrouped/ re-arranged wherever
necessary to confirm to the current yearÂs groupings/classifications.
k) During the year, there has not been any timing difference that
originates in one period and capable of reversal in one or more
subsequent period, therefore no any Deferred Tax Assets/ Liabilities
has been recognised in the financial statements of the company.
3 (d) TERMS/RIGHTS ATTACHED TO EQUITY SHARES
The company has only one class of equity shares having a par value of
Rs.10/- per share. Each holder of equity shares is entitled to one vote
per share. If the company declares and pays dividends then it will be
in Indian rupees. In the event of liquidation of the company, the
holders of equity shares will be entitled to receive remaining assets
of the company, after distribution of all preferential amounts. The
distribution will be in proportion to the number of equity shares held
by the shareholders.
2) Notes on accounts from Â1Â to Â13Â form an integral part of Balance
Sheet and Statement of Profit & Loss.
Mar 31, 2012
1. CONTINGENT LIABILITIES:
The Company recognises a provision when there is a present obligation
as a result of a past event and it is more likely than not that there
will be an outflow of resources to settle such obligation and the
amount of such obligation can be reliably estimated. Provisions are
determined on the basis of management's best estimate of the amount of
obligation required at the year end. These arc to be reviewed at each
balance sheet date and to be adjusted to best estimates.
Contingent Liabilities are usually not provided for unless the future
outcome may probably be materially detrimental to the Company.
A) In the opinion of the board, the current assets, loans and Advances
and other receivables are approximately value stated, if
realised in the ordinary course of business.
B) Provision for all known liabilities is adequate and not in the
excess of the amount considered reasonably necessary. However in case
where actual bills are not received, the provision has been made on
estimated basis.
C) Payments to Auditors
As Auditors Rs. 27,575/-(Previous year Rs. 27,575/-)
As Adviser Rs. Nil (Previous year Rs, Nil)
D) Sitting Fees of Rs. 1.00,000/- (Previous year Rs. 40,000/-) has been
paid to the directors.
E) No provision has been made for gratuity for this year as the
provisions of Gratuity are not applicable to this company, amount being
unascertained for the year.
F) Some of the balances in Current Liabilities and Advances are subject
to confirmation, reconciliation and adjustments if any, which in the
opinion of management will not be significant and would be carried out
when settled.
G) i) The Small Scale Industrial Undertaking to whom amount outstanding
for more than 30 days, are Nil.
ii) The company has not received any memorandum (as required to be
filed by the suppliers with the notitied authority under the Micro,
Small and Medium enterprises Development Act, 2006) claming their
status as micro, small and medium enterprises. Consequently the amount
paid/payable to these parties during the year is Nil.
Note: Figures in bracket represents the previous year figures.
H) Previous year figures have been regrouped/ re-arranged wherever
necessary to confirm 10 the current year's groupings/classifications.
I) Bank Balance is as per the statement provided by the bank. However,
In the Previous Year, the current bank-account having opening balance
of Rs. 1,29,092/- which could not have been confirmed as no Bank
Statement was made available for confirmation during the Previous year.
So the same was pending for confirmation from the bank.
J) Additional information pursuant to the provisions of Para 3,4C and
4D of part II of Schedule VI to the Companies Act. 1956 has not been
given as the same is nil.
K) All the Debit and Credit Balances are subject to confirmation.
1 (d) TERMS/RIGHTS ATTACHED TO EQUITY SHARES
The company has only one class of equity shares having a par value of
Rs. 10/- per share. Each holder of equity shares is entitled to one
vote per share. If the company declares and pays dividends then it will
be in Indian rupees. In the event of liquidation of the company, the
holders of equity shares will be entitled to receive remaining assets
of the company, alter distribution of all preferential amounts. The
distribution will be in proportion to the number of equity shares held
by the shareholders.