Home  »  Company  »  Caprolactam Chemical  »  Quotes  »  Notes to Account
Enter the first few characters of Company and click 'Go'

Notes to Accounts of Caprolactam Chemicals Ltd.

Mar 31, 2014

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 entitle one vote per share. 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 proportion to the number of Equity Shares held by shareholders.

B. The company has neither bought back nor forfeited any shares.

1. Corporate Information

Caprolactam Chemicals Limited is a public limited company domiciled in India and incorporated under the provisions of Companies Act, 1956. The company is engaged in manufacturing and does Job Work in Chemicals.

2. In the opinion of Board of Directors, the current assets, loans and advances have realisable value at least equal to the amount at which they are stated.

3. According to information provided by the management no dues are payable to Micro, small and medium enterprises.

4. Related party disclosures as required by AS 18 :- Key Management Personnel Zaver S. Bhanushali - Managing director Siddharth S. Bhanushali - Director

Relatives of Key Management Personnel - Please give names of relatives Shankarlal Gopalji Bhanushali Ashmi Tanmay Ganacharya Shital Siddharth Bhanushali

Entities over which Key Management personnel exercise significant influence - Adhiraj Chemindustries P.Ltd.

Vamotech Organics Ltd

5. Value of Import on CIF Basis NIL NIL

6. Expenditure in foreign Currency NIL NIL

7. Earnings in Foreign Exchange NIL NIL

8. The company''s activities falls under only one segment namely Chemicals.

9. The figure of the previous year are regrouped or reclassified as wherever necessary.

10. The closing stock of raw material and finished stock is taken as ascertained, valued and certified by the Management.

11. Balance of debtors and creditors are subject to confirmation and reconciliation.

12. Calls unpaid on account of share capital Rs. 97,000 are Subject to Reconciliation.


Mar 31, 2013

1. Corporate Information

Caprolactam Chemicals Limited is a public limited company domiciled in India and incorporated under the provisions of Companies Act, 1956. The company is engaged in manufacturing and DOES Job Work in Chemicals.

2. In the opinion of Board of Directors, the current assets, loans and advances have realisable value at least equal to the amount at which they are stated.

3. The company''s activities falls under only one segment namely Chemicals.

4. The figure of the previous year are regrouped or reclassified as wherever necessary.

5. The closing stock of raw material and finished stock is taken as ascertained, valued and certified by the Management.

6. Balance of debtors and creditors are subject to confirmation and reconciliation.

7. Calls unpaid on account of share capital Rs. 97,000 are Subject to Reconciliation.


Mar 31, 2012

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 entitle one vote per share. 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 proportion to the number of Equity Shares held by shareholders.

1. Corporate Information

Caprolactam Chemicals Limited is a public limited company domiciled in India and incorporated under the provisions of Companies Act, 1956. The company is engaged in manufacturing and DOES Job Work in Chemicals.

2. In the opinion of Board of Directors, the current assets, loans and advances have realisable value at least equal to the amount at which they are stated.

3. According to information provided by the management no dues are payable to Micro, small and medium enterprises.

4. Details of payment to Auditors (excluding Service Tax)

5. Related party disclosures as required by AS 18 Key Management Personnel

Zaver S. Bhanushali - Managing director Siddharth S. Bhanushali - Director

Relatives of Key Management Personnel - Please give names of relatives Shankarlal Gopalji Bhanushali ShankarlarG. Bhanushali (HUF) Ashml Tanmay Ganacharva Shital Siddharth Bhanushali

Entitles over which Key Management personnel exercise significant influence -

Adhiraj Chemindustries P.ltd.

Vamotech Organics Ltd.

Transactions with Related Parties

6. The company's activities fails under only one segment namely Chemicals.

7. The figure of the previous year are regrouped or reclassified as wherever necessary.

8. The dosing stock of raw material and finished stock is taken as ascertained, valued and certified by the Management

9. Balance of debtors and creditors are subject to confirmation and recondition

10. Cats unpaid on account of share capital Rs. 97,000 are Subject to Reconciliation.


Mar 31, 2010

1. The figure oi the previous year are regrouped or reclassifiec as wherever necessary.

2. The closing stock of raw material and finished stock is taken as ascertained, valued and certified by the Management.

3. Balance of debtors and creditors are subject to confirmation and reconciliation

4. No provision for taxation has been made as there are pending earlier year losses.

5 The Company has repaid principal amount off by way of discount an amount of Rs. 1.10,653/- towards wrong Vat credit availed in the previous year. 8. The Company has repaid principal amount of Deferred Sales Tax Loan of Rs. 12,03,242/- and no interest is paid nor provided for the interest on late payment of the Loan as the same is not quantifiable.

6. Details of payment to Auditors

For Audit work Rs. 15.000/-

For Tax audit Rs. 5.000/-

For Taxation matter Rs. 5,000/-

7. Calls unpaid on account of share capital Rs. 97,000 are Subject to Reconciliation.

8. The companys activities falls under only one segment

9. Deferred lax resulting from timing difference of depreciation between books and Income Tax is accounted for under the liability method at the current rate of tax, to the extent that the timing difference are expected to crystallize as deferred tax charge /benefit in the Profit & Loss account and as deferred tax asset/liabilities in the balance sheet-

 
Subscribe now to get personal finance updates in your inbox!