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Notes to Accounts of BCPL International Ltd.

Mar 31, 2015

1. Contingent Liabilities: Nil (Previous Year - Nil)

2. Certain Balances of parties under sundry debtors, creditors, loans and advances are under confirmations/reconciliation.

3. There was no expenditure/earning in Foreign Currency during the year.

4. As informed there are no dues to Micro Small and Medium Enterprises as on 31st March, 2015.

5. The Previous year's figures have been regrouped, reclassified or rearranged wherever necessary.


Mar 31, 2014

1. SHARE CAPITAL

(a) Terms / Rights attached to Equity Shares

The Company has only one class of Equity Shares having a par value of Rs. 10 per shares. Each holder of equity shares is entitled to one vote per share. Any shareholder whose name is entered in the Register of Members of the Company shall enjoy the same rights and be subject to the same liabilities, as all other shareholders of the same class.

Dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. The Company in general meeting can't declare dividend in excess of the amount recommended by the Board. Dividend as declared in the ensuing Annual General Meeting, shall be distributed within the period provided in section 207 of the Companies Act, 1956.

In the event of Winding up of the Company, Equity Shareholders will be entitled to receive remaining assets of the Company, after distribution of nil preferential amounts. For the said purpose, the liquidator may set such value as he deems fair upon any property to be divided and may determine how such division shall be carried out between the members.

2. RELATED PARTY DISCLOSURES

(a) List of Related Parties

(i) Key Management Personnel

Pankaj Bubna Director

Puneet Sharma Director

Satyabhama Bubna Director

Chandana Director

3. DUES TO MICRO AND SMALL ENTERPRISES AS DEFINED UNDER THE MEMBER ACT 2006

based on the representations made to us by the management of the Company, there are no dues to entities defined as Micro and Small Enterprises under Micro, Small and Medium Enterprises Development Act, 20(16.

4. SEGMENT REPORTING

The Company doesn't fall in any of the category of enterprises as mentioned in AS -17 "Segment reporting" notified by Companies (Accounting Standards) Rides, 2006, so the company is not required to apply this Accounting Standard.

5. In the opinion of the Board of Directors, the Current Assets , Loans & Advances have a a value on realisation in the ordinary course of business at not less than the amount at which they arc stated in the accounts. Adequate provisions have been made for all known losses and liabilities

6. Certain balances of Trade Receivables, Trade Payables, Unsecured Loans & Advances are subject to confirmation

7. CORPORATE INFORMATION

Birdhi Chand Pannalal Agencies Limited (the Company) is a Public limited company domiciled in India and incorporated under the provisions of the Companies Act, 1956.

8. BASIS OF PREPARATION

The Company maintains its accounts on accrual basis following the historical cost convention in accordance with Generally Accepted Accounting Principles (GAAP) in India, in compliance with the provisions of the Companies Act, 1956 and the Accounting Standards as specified in the Companies (Accounting Standards) (Second Amendment) Rules, 2011, prescribed by the Central Government. Management evaluates all recently used or revised accounting standards on an ongoing basis.

The accounting policies adopted in the preparation of financial statements are consistent with those of previous year, except for the change in accounting policy explained below.


Mar 31, 2013

I- CORPORATE INFORMATION

Birdhi Chand Pancala Agencies Limited (the Company is a Public limited company domiciled in India and incorporated under the provision of the companies Act,1956. Act, 1956.

2. BASIS OF PREPARATION

THE COMPANY maintains its accounts on accrual basis following the historical cost convention in accordance with Generally Accepted Accounting Principles (GAAP) in India, in compliance- with the provision the companies Act, 1956 and the Accounting Starndard as specified in The Companies (Accounting Standards) (Second Amendment) Rules, 2011, prescribed by the Central Government Management evaluates all recently used or revised accounting Standards on on basics

The accounting polices adopted in the preparation of financial statement are consistent with those of previous year,

3. DUES TO MICRO AND SMALL ENTERPRISES AS DEFINED UNDER THE MSMED ACT 2006

Based on the representation made to us by the management of the company, there no dues to entites defined as Micro and small enterprises under Micro Small and Medium Enterprises Development Act 2006.

4. SEGMENT REPORTING

The company dosen''t Fall in any of the Company of enterprises as mentioned ini AS -17 "Segment reporting" notified by companies (Accounting Standards) Rules, 2006, so the company is not required to apply this Accounting Standard.

5. In the opinion of the Board of Directors, the Current Asset , loans & Advances have a avalue oni realations in the ordinary course of business at not less than the amount at which they are stated in the accounts Adequate provisions have been made for all known losses and liabilities

6. Certian balance of Trade Recevables . Trade Pa rabies, Unsecured loans & Advances are subject to conformation.

7. PREVIOUS YEAR FIGURES

the previous year figures have been regrouped / reclassified, wherever necessary to conform to the current year


Mar 31, 2012

1. DUES TO MICRO AND SMAJ-l ENTERPRISES AS DEFINED UNDER THE MSMED ACT 2006

Based 00 the represeTitarEons made by the management of the Company, then: are rtO dues to entities defined. as Micro and Small Enterpriser under Micro, Small and Medium Enterprises Development Acth 2(H)6-

2. SEGMENT REPORTING

The Company doesn''t fall in any of the category of enterprises as mentioned in AS -17 ''''Segment reporting*'' notified by Companies (Accounting Standards) Rules, 2006, so the company is not required to apply this Accounting Standard.

a) in the opinion of the Board of Directors, the Current Assets , Loans & Advances have a a value un realisation in the ordinary course of business at not less than the amount at which rhey are stated in the accounts. Adequate provisions have been made for aJI known losses and liabilities 20, Certain balances of Trade Receivables, Trade Payables, Unsecured Loans & Advances are subject to confirmation.


Mar 31, 2011

1, Previous years figures have been regrouped and reclassified wherever found necessary to conform to current years figures

2, Balances of a few debtors and creditors are subject to confirmation.

3, None of the employees is in receipt of remuneration in excess of limit prescribed under Section 217(2A) -of the Companies Act 1956,

4, C.I.F value of I Import/Expenditure in Foreign Currency : NIL

5, Contingent Liabilities not provided for : NIL

6, As per the Information available with the company,, there are no Small Scale Industrial Undertaking as defined under Section 3(3) of the Industries (Development & Regulation) Act 1951 to whom the company owes any sum,

7, Particulars of the Director Remuneration : NIL

 
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