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Notes to Accounts of Brijlaxmi Leasing & Finance Ltd.

Mar 31, 2014

1. Leave Encashment Liability payable on retirement or otherwise has not been provided as the same would be charged in the year of retirement or when paid.

2. Related Party Disclosures required as per AS-18, The Company having no transactions with the related parties during the year.

3. In the opinion of the Board, current assets, loans and advances have a value on realization in the ordinary course of the business at least equal to the amount at which they are stated.

4. Previous year figures have been regrouped / rearranged / reclassified wherever necessary and figures have been rounded off to the nearest rupee.

5. Additional information required pursuant to part II of the schedule VI the Companies Act, 1956 for trading in shares.

6. Segment Reporting:

The company primarily deals in the business of Shares & Securities hence there is no Primary reportable segment in the context of Accounting Standard 17 issued by The Institute of Chartered Accountants of India. As the Company''s Export Turnover is Nil, there is no reportable geographical segment.

7. Details of dues to Micro & Small Enterprises:

Under the Micro, Small and Medium Enterprises Development Act, 2006 certain disclosures are required to be made related to micro, small and medium enterprise. The company is in the process of complying relevant information on the supplier about their coverage under the act. Since relevant information is not readily available, no disclosure is made on this account.

8. Contingent Liabilities

Contingent Liabilities are not provided for and are disclosed by way of Notes.


Mar 31, 2013

1. Leave Encashment Liability payable on retirement or otherwise has not been provided as the same would be charged in the year of retirement or when paid.

2. Related Party Disclosures required as per AS-18, The Company having no transactions with the related parties during the year.

3. In the opinion of the Board, current assets, loans and advances have a value on realization in the ordinary course of the business at least equal to the amount at which they are stated.

4. Previous year figures have been regrouped / rearranged / reclassified wherever necessary and figures have been rounded off to the nearest rupee.

5. Additional information required pursuant to part II of the schedule VI the Companies Act, 1956 for trading in shares.

6. Segment Reporting:

The company primarily deals in the business of Shares & Securities hence there is no Primary reportable segment in the context of Accounting Standard 17 issued by The Institute of Chartered Accountants of India. As the Company''s Export Turnover is Nil, there is no reportable geographical segment.

7. Details of dues to Micro & Small Enterprises:

Under the Micro, Small and Medium Enterprises Development Act, 2006 certain disclosures are required to be made related to micro, small and medium enterprise. The company is in the process of complying relevant information on the supplier about their coverage under the act. Since relevant information is not readily available, no disclosure is made on this account.

8. Contingent Liabilities

Contingent Liabilities are not provided for and are disclosed by way of Notes.


Mar 31, 2012

1. Leave Encashment Liability payable on retirement or otherwise has not been provided as the same would be charged in the year of retirement or when paid.

2. Related Party Disclosures required as per AS-18, The Company having no transactions with the related parties during the year.

3. In the opinion of the Board, current assets, loans and advances have a value on realization in the ordinary course of the business at least equal to the amount at which they are stated.

4. Previous year figures have been regrouped / rearranged / reclassified wherever necessary and figures have been rounded off to the nearest rupee.

5. Additional information required pursuant to part II of the schedule VI the Companies Act, 1956 for trading in shares.

6. Segment Reporting:

The company primarily deals in the business of Shares & Securities hence there is no Primary reportable segment in the context of Accounting Standard 17 issued by The Institute of Chartered Accountants of India. As the Company''s Export Turnover is Nil, there is no reportable geographical segment.

7. Details of dues to Micro & Small Enterprises:

Under the Micro, Small and Medium Enterprises Development Act, 2006 certain disclosures are required to be made related to micro, small and medium enterprise. The company is in the process of complying relevant information on the supplier about their coverage under the act. Since relevant information is not readily available, no disclosure is made on this account.

8. Contingent Liabilities

Contingent Liabilities are not provided for and are disclosed by way of Notes.


Mar 31, 2010

A. Additional information pursuant to the provision of paragraph 3(c) (d) of Part II of the Schedule Vl of the Companies Act, 1956.

a) Other Additional Information - Nil (Previous Year NIL)

b) Earnings & Expenditure in Foreign Currency - NIL (Previous year NIL)

1. Payment to Auditors towards Audit & Tax Audit fees Rs.11030/- including service tax. (Previous year Rs.li030/-).

2. Provision for Income Tax is not being made as the company is making losses during the year.

3. Related Party Disclosures:

As per Accounting Standard AS 18, the list of related parties with whom the transactions have been taken place during the year is given below:-

4. Sundry debtors, Sundry Creditors and Loans and Advances are subject to confirmation from - parties. In view of management these are shown on the basis of its realizable value.

5. The Company does nouowe to any Small Scale Industry for more than 30 days.


Mar 31, 2009

1. Payment to Auditors towards Audit & Tax Audit fees Rs.11030/- including service tax. (Previous year Rs.7856/-)

2. Provision for Income Tax is not being made as the company is making losses during the year.

3. Related Party Disclosures:

As per Accounting Standard AS 18, the list of related parties with whom the transactions have been taken place during the year is given below:-

a) Key Management Personnel: (i) Mr. J.K. chaturvedi (ii) Mr. Ankur chaturvedi (iii) Siddarth chaturvedi (iv) Rekha chaturvedi

4. Sundry debtors. Sundry Creditors and Loans and Advances are subject to confirmation from parties. In.view of management these are shown on the basis of its realizable value.

 
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