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Notes to Accounts of Ind-Agiv Commerce Ltd.

Mar 31, 2015

NOTE - 1 GRATUITY

The company is not liable to pay Gratuity

NOTE - 2

The Previous year's figures have been reworked, rearranged, regrouped and reclaimed wherever necessary


Mar 31, 2014

NOTE - 1 Related party transactions during the year as per Accounting Standard 18: (a) Names of Related Parties & Description of Relationship

1) Holding Company:- Agiv (India) Pvt. Ltd.

2) Subsidiary Company:- Nil

3) Paros Corp:- Proprietary Concern of Mr. S. C. Oberoi, Director

4) Mrs. Uma Oberoi:- Wife of Mr. S. C. Oberoi, Director

5) Datapoint Impex Pvt. Ltd.:- Mr. S.C. Oberoi, Common Director

6) Apamex Ltd. Japan:- Mr. V.B. Rupani; Common Director

7) Key Management Personnel:- Mr. S. C. Oberoi, Director

8) RST Technologies Pvt. Ltd.:-Mr. S. C. Oberoi, Common Director

9) RST Technology Holdings Pte. Ltd:-Mr. Ranjit Singh, Common Director

10) Ranjit Singh:-Director of RST Technologies Pvt. Ltd./RST Technology Holdings Pte. Ltd.

NOTE - 2

The Previous year''s figures have been reworked, rearranged, regrouped and reclaimed wherever necessary


Mar 31, 2013

NOTE-1 RELATED PARTY TRANSACTIONS DURING THE YEAR AS PER ACCOUNTING STANDARD18:

(a) NamesofRelated Parties&DescriptionofRelationship

1) Holding Company:Agiv (India)Pvt. Ltd.

2) Subsidiary Company: Nil

3) Paros Corp:Proprietary ConcernofMr.S.C.Oberoi, Director

4) Mrs. Uma Oberoi: Wifeof Mr.S.C.Oberoi,Director

5) Datapoint Impex Pvt. Ltd.: Mr.S.C.Oberoi, Common Director

6) Apamex Ltd. Japan: Mr. V.B. Rupani; Common Director

7) Key Management Personnel: Mr.S.C.Oberoi,Director

8) RSTTechnologies Pvt. Ltd.: Mr.S.C.Oberoi, Common Director

9) RSTTechnology Holdings Pte. Ltd: Mr. Ranjit Singh, Common Director

10) Ranjit Singh: DirectorofRSTTechnologies Pvt. Ltd./RSTTechnology Holdings Pte. Ltd.

NOTE - 2

The Previous yeas figures have been reworked, rearranged, regrouped and reclaimed wherever necessary


Mar 31, 2012

NOTE - 1 SUNDRY DEBTORS

Sundry Debtors and Loan and Advances have value on realisation in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet. The Balance of Sundry Debtors, Loans and Advances and other liabilities are subject to confirmation.

NOTE - 2 GRATUITY

The company is not liable to pay Gratuity

Note - 3 Related party transactions during the year as per Accounting Standard 18:

(a) Names of Related Parties & Description of Relationship

1) Holding Company:- Agiv (India) Pvt. Ltd.

2) Subsidiary Company:- Nil

3) Paros Corp:- Proprietary Concern of Mr. S. C. Oberoi, Director

4) Mrs. Uma Oberoi:- Wife of Mr. S. C. Oberoi, Director

5) Datapoint Impex Pvt. Ltd.:- Mr. S.C. Oberoi, Common Director

6) Apamex Ltd. Japan:- Mr. V.B. Rupani; Common Director

7) Key Management Personnel:- Mr. S. C. Oberoi, Director

8) RST Technologies Pvt. Ltd.:- Mr. S. C. Oberoi, Common Director

9) RST Technology Holdings Pte. Ltd:- Mr. Ranjit Singh, Common Director

10) Ranjit Singh:- Director of RST Technologies Pvt. Ltd./RST Technology Holdings Pte. Ltd.

NOTE - 4

The Previous year's figures have been reworked, rearranged, regrouped and reclaimed wherever necessary.


Mar 31, 2011

(a) In the opinion of the Board:

Sundry Debtors and Loans and Advances have value on realisation in the ordinary course of business at least equal to the amount at which they are stated in the Balance Sheet.

(b) The balance of Sundry Debtors, Loans and Advances and other liabilities are subject to confirmation.

(c) The Company is not liable to pay any gratuity.

(f) (a) Expenditure in foreign currency on account of purchase of traded goods: Rs. 6,72,402/-. (Previous year Rs.10,59,351/-)

(b) Expenditure in Foreign Currency on account of Travel Rs. 1,54,277 (Previous year-Rs. Nil)

(g) Earnings in Foreign Exchange: Rs. Nil (Previous year Rs. 8,90,801/-)

(h) As per the record and information available with the company, there are no dues to small scale undertakings.

(i) Related party transactions during the year as per Accounting Standard 18:

(a) Names of Related Parties & Description of Relationship

1) Holding Company:- Agiv (India) Pvt. Ltd.

2) Subsidiary Company:- Nil

3) Paros Corp:- Proprietary Concern of Mr. S. C. Oberoi, Director

4) Mrs. Uma Oberoi:- Wife of Mr. S. C. Oberoi, Director

5) Datapoint Impex Pvt. Ltd.:- Mr. S.C. Oberoi, Common Director

6) Apamex Ltd. Japan:- Mr. V.B. Rupani; Common Director

7) Key Management Personnel:- Mr. S. C. Oberoi, Director

8) RST Technologies Pvt. Ltd.:- Mr. S. C. Oberoi, Common Director

9) Ranjit Singh:-Director of RST Technologies Pvt. Ltd.

(j) The Previous year's figures have been reworked, rearranged, regrouped and reclaimed wherever necessary

 
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