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Notes to Accounts of Bentley Commercial Enterprises Ltd.

Mar 31, 2014

COMPANY INFORMATION;

Renllev Commercial nnterprises Limited (''The Company'') a Public Limited Company in India..

1) Deterred Taxation :

a. In the absence of significant deferred tax assets;.''and liabilities no provision for deferred tax has been made as required by the Accounting Standard - 22 "Accounting for TaAC-s on Income" issued by the Institute or Chartered Accountants oflndia.

b. Provision for Current Year Income Tax. has been made in the accounts for the financial year as per income Tax Act 19.61.

1.1) The Company has pledged its share held in Bhansali Engineering Polymers Limited as a collateral security in favour of the lender Bank for the parties fisted iti the Register maintained li/s 30 f of the. Com panics Act.

2) There are no employees during the year hence the company has not provided for the employees liability as required by AS-15 revised 2005 "Limployee Benefits".

3) Contingent Liability: Nil .

4) Segment reporting in accordance with Accounting Standards 17 is not applicable to Company

5) Related Party Disclosure:

As. per Accounting Standard 18 issued by the Institute of Chartered Accountants of India the Company''s related panics and transaction are disclosed below:

(i) List of related parties where control exists and related parties with whom Transactions have taken place and relationships:

6) Previous year figures art- reguared wheather necessary.


Mar 31, 2013

1) Deferred Taxation:

a. In the absence of significant deferred tax assets and liabilities no provision for deferred tax has been made as required by the Accounting Standard - 22 "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India.

b. Provision for Current Year Income Tax has been made in the accounts for the financial year as per Income Tax Act 1961.

2) The Company has pledged own shares of Bhansali Engineering Polymers Limited as a collateral security in favour of the lender Bank for the parties listed in the Register maintained U/s 301 of the Companies Act.

3) There are no employees during the year hence the company has not provided for the employees liability as required by AS-15 revised 2005 "Employee Benefits".

4) Contingent Liability: NIL.

5) Segment reporting in accordance with Accounting Standards 17 is not applicable to Company.


Mar 31, 2012

1 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 equity shareholder is entitled to one vote per share The company declare and pays dividend in Indian rupees The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General meeting

2 The cofnpany has pledged its shares of Bhansali Engineering Polymers Limited as colloteral security in favour of lender bank

3) Deferred Taxation :

a In the absence of significant deferred tax assets and liabilities no provision for deferred tax has been made as required by the Accounting Standard - 22 "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India

b Provision for Current Year Income Tax has been made in the accounts for the financial year as per Income Tax Act 1961

4) The Company has pledged own shares of Bhansali Engineering Polymers Limited as a collateral security in favour of the lender Bank for the parties listed in the Register maintained U/s 301 of the Companies Act

5) There are no employees during the year hence the company has not provided for the employees liability as required by AS-15 revised 2005 ’’Employee Benefits”

6) Segment reporting in accordance with Accounting Standards 17 is not applicable to Company

7) Previous year figures are rearranged/regrouped wherever necessary


Mar 31, 2011

1) Deferred Taxation :

a. In the absence of significant deferred tax assets and liabilities no provision for deferred tax has been made as required by the Accounting Standard - 22 "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India.

b. Provision for Current Year Income Tax has been made in the accounts for the financial year as per Income Tax Act 1961.

2) The Company has pledged own shares of Bhansali Engineering Polymers Limited as a collateral security in favour of the lender Bank for the parties listed in the Register maintained U/s 301 of the Companies Act.

3) The Earning Per Share is Rs. (0.043)

4) There are no employees during the year hence the company has not provided for the employees liability as required by AS-15 revised 2005 "Employee Benefits".

5) Segment reporting in accordance with Accounting Standards 17 is not applicable to Company.

6) Additional information required under part II of the schedule VI of the Companies Act, 1956 are either NIL or NOT APPLICABLE to the Company.

7) Other information required under Part IV of the Schedule VI of the Companies Act, 1956 is enclosed as Annexure.

8) Previous year figures are rearranged/regrouped wherever necessary.

9) Signature to Schedule 'A' to 'E'.


Mar 31, 2010

1) Deferred Taxation:

a. In the absence of significant deferred tax assets and liabilities no provision for deferred tax has been made as required by the Accounting Standard - 22 "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India.

b. Provision for Current Year Income Tax has been made in the accounts for the financial year as per Income Tax Act 1961.

2) The Company has pledged own shares of Bhansali Engineering Polymers Limited as a collateral security in favour of the lender Bank for the parties listed in the Register maintained U/s 301 of the Companies Act.

3) The Earning Per Share is Rs. 0.009.

4) There are no employees during the year hence the company has not provided for the employees liability as required by AS-15 revised 2005 "Employee Benefits".

5) Segment reporting in accordance with Accounting Standards 17 is not applicable to Company.

6) Related Party Disclosure:

7) Additional information required under part II of the schedule VI of the Companies Act, 1956 are either NIL or NOT APPLICABLE to the Company.

8) Other information required under Part IV of the Schedule VI of the Companies Act,1956 is enclosed as Annexure.

9) Previous year figures are rearranged/regrouped wherever necessary.

10) Sianature to ScheduleAtoE.


Mar 31, 2009

1) Deferred Taxation :

a. In the absence of significant deferred tax assets and liabilities no provision for deferred tax has been made as required by the Accounting Standard - 22 "Accounting for loans, on Income" issued by the Institute of Chartered Accountants of India.

b. Provision for Current Year Income Tax has been made in the accounts for the financial year. as per Income Tax Act 1961.

2) The Company has pledged own shares of Bhansali Engineering Polymers Limited collateral security in favour of the lender Bank for the parties listed in the Register maintained U/s 301 of the Companies Act.

3) The Earning Per Share is Rs. 0.72.

4) There are no employees during the year hence the company has not provided for the employees liability as required by AS-15 revised 2005 "Employee Benefits".

5) Segment reporting in accordance with Accounting Standards 17 is not applicable to Company

6) Additional information required under part II of the schedule VI of the Companies Act, 1956 are either NIL or NOT APPLICABLE to the Company.

7) Other information required under Part IV of the Schedule VI of the Companies Act, 1956 is enclosed as Annexure.

8) Previous year figures are rearranged/regrouped wherever necessary.

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