Mar 31, 2015
1. COMPANY INFORMATION
The company is incorporated on 26th April, 2005 at Calcutta, West
Bengal, India. It is a Public limited company by its shares. The
company operates in Capital & Commodity Market. The activities of the
company include broking, trading, investing in shares & other
securities, Commodities and other related activities of capital market.
Note 2
The Company has initiated legal proceeding against National Spot
Exchange Limited through BSE Brokers' Forum and is also a member of
National Spot Exchange Investor Forum. The total amount receivable from
National Spot Exchange Limited on account of settlement dues in
Rs.1605.49 Lacs which includes both Client Fund and Self Fund.
Note 3
The Company has not received any intimation from suppliers regarding
their status under the Micro, Small and Medium Enterprises Development
Act, 2006 and hence disclosure, if any, relating to amount unpaid as at
the year end together with interest paid/payable as required under the
said act, have not been given.
Note. 4
In accordance with the requirement under the Accounting Standard - 22
"Accounting for taxes on Income" the company has accounted for deferred
Tax during the year. Consequently the net deferred tax asset of Rs.
130,416/- during the year arising due to timing difference in
depreciation & related items has been credited to Profit & Loss
account.
Note. 5
There are no impairment of Assets, as the management is of the opinion
that the carrying value of assets is more than the realizable value as
on 31st March, 2015.
Note. 6
Related Party Disclosure: Directors are key Management Personnel of the
Company Directors of the company
1) Inder Chand Baid
2) Manish Baid
3) Samir Baid
Other Related Entities
1) GCM Securities Limited
2) Global Capital Market & Infrastructures Ltd.
3) Chello Comotrade Ltd.
4) Cadillac Vanijya Pvt. Ltd,
5) Silver pearl Hospitality & Luxury Spaces Ltd.
6) GCM Capital Advisors Ltd.
Details of Remuneration to Directors : (Samir Baid Rs. 1.50 Lac &
Amrita Baid Rs. 1.50 Lac)
Amount Paid to relative of director : Nil
Note 7 Segment reporting
The company operates in Trading activity of Commodity and Shares which
is only identifiable reporting segment under AS-17 Segment Reporting
issued by the Institute of Chartered Accountants of India.
Note. 8
Events Occurring after Balance Sheet Date
No significant events which could effect the financial position as on
March 31, 2015, to a material extent have been reported by the
management, after the balance sheet date till the signing of the
report.
Note. 9
Details of Loans given, Investments made, guarantees given covered
under section 186(4) of The Companies Act, 2013
Investments made are disclosed with respective notes, further no loans
and guarantee has been given by the Company.
Note. 10
Previous year's figures have been re-arranged and re-grouped wherever
considered necessary.
Mar 31, 2014
Company Information
The company is incorporated on 10th May, 1995 at Calcutta, West Bengal,
India. It is a Public limited company by its shares. The company
operates in Capital Market. The activities of the company include
broking, trading, investing in shares & other securities and other
related activities of capital market.
NOTE 1
The Company has initiated legal proceeding against National Spot
Exchange Limited through BSE Brokers'' Forum and is also a member of
National Spot Exchange Investor Forum. The total amount receivable from
National Spot Exchange Limited on account of settalment dues in
Rs.1611.98 Lacs which includes both Client Fund and Self Fund.
NOTE 2
The Company has not received any intimation from suppliers regarding
their status under the Micro, Small and Medium Enterprises Development
Act, 2006 and hence disclosure, if any, relating to amount unpaid as at
the year end together with interest paid/payable as required under the
said act, have not been given.
NOTE 3
In accordance with the requirement under the Accounting Standard - 22
"Accounting for taxes on Income" the company has accounted for deferred
Tax during the year. Consequently the net deferred tax asset of Rs.
15,844/- during the year arising due to timing difference in
depreciation & related items has been credited to Profit & Loss
account.
NOTE 4
Related Party Disclosure: Directors are key Management Personnel of the
Company Directors of the Company
1) Inder Chand Baid
2) Manish Baid
3) Samir Baid
Other Related entities:
1) GCM Securities Limited
2) Global Capital Market & Infrastructures Ltd.
3) Chello Comotrade Pvt. Ltd.
4) Cadillac Vanijya Pvt. Ltd,
5) Silver Pearl Commercial Pvt. Ltd.
6) GCM Capital Advisors Ltd.
Details of Remuneration to Directors : Nil
Amount Paid to relative of director : Nil
NOTE 5. SEGMENT REPORTING
The company operates in Trading activity of Commodity and Shares which
is only identifiable reporting segment under AS-17 Segment Reporting
issued by the Institute of Chartered Accountants of India.
NOTE 6.
Previous year''s figures have been re-arranged and re-grouped wherever
considered necessary.
Mar 31, 2013
Note 1.
The company has net frattoed any ifitcnMiSn from iLpiu*ri rpprdinf
their iijCui urejc the- Wcro, L'nflU and Medium Enteprise Development
Act, 2006 and hance dis p, of any, relating to amount ungaild as at the
year end together with paid/payable as required under the said act, taw
not been
Note. 2.
in accoundance the ew*emiiiL under the Accounting; Standard - 22
"Accounting for takes income* the company i has accounted for deleried
tax during year; condequend thel deteried I the at due to timing
depreciation fc flown hen Been profit & loan accound
Note. 3.
Related party Disclouse Direction, are hey management personal of the
company.'
director of the company.
1) Inder chard Baid
2) Marish Baid
3) samir baid
other related enter
1) GCM Securited Limited
2) Gpobal Capital market & interstruction Ltd.
3) Chella Comoirede Pvt Ltd
4) Cadiact vanjya Pvt. Ltd,
5)SILVER PEAMIL COMMERCHAL PRAVANIT LIMITED
Disaeh of Regemantes of Directors : Nil
Amount paid do relative of.director: Nil
Puretti of As 90,00,000/- shares of oF Pvt Ltd. Co. Trim Gopal Capital
Mu lift & infrastunuctured Ltd Aivdance# paid to Glopal Capital market
& inlftolruklyiei UliMur iNtftiWtotStunei Rs 1,50,00,000/ Received
relund of Rs 10,00,000- frath Glopal Capital market 1
tafnaisiucDuiw Ltd.
Note: 4. Segmend reporting
The company operation is Trading; activity of commedity and shares
which is identifible reporting segment under AS-17 Segment Reporting
issued by the oF chartered Accountants of india.
Note. 5
previous year 's figures been re-arrangemnd and is gipuoid comidcrod
notritifv.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article