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Notes to Accounts of Indsoya Ltd.

Mar 31, 2013

1.1 In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business.

1.2 The Company has mainly activity of trading in commodities except long term investments in shares. Hence income from them and Assets & Liabilities are considered only one segment therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICAI is not required.

1.3 In view of applicability of AS - 22, company does not have material deferred liability. Therefore the same is not recognized in the accounts.

1.4 Pursuant to requirement of AS - 18 issued by ICAI the details of transactions carried out during the year with the related parties are disclosed as under

1.5 No provision for diminutions in market value of investments of Rs. 1993984/—has been made during the year.

1.6 Sundry debits/credit balances are subject to confirmation and reconciliation if any.

1.7 Additional Information to be given pursuant to Para 3 & 4 of the part II of Schedule VI of the Companies Act, 1956, are not applicable.

1.8 Figures of the previous year have been rearranged and/or regrouped wherever necessary to conform to current year''s presentation.


Mar 31, 2012

1.1 In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business.

1.2 The Company has mainly activity of trading in commodities except long term investments in shares. Hence income from them and Assets 8s Liabilities are considered only one segment therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICAI is not required.

1.3 In view of applicability of AS - 22, company does not have material deferred liability. Therefore the same is not recognized in the accounts.

1.4 Pursuant to requirement of AS - 18 issued by ICAI the details of transactions carried out during the year with the related parties are disclosed as under

1.5 No provision for diminutions in market value of investments of Rs. 2088981/--has been made during the year.

1.6 Sundry debits/credit balances are subject to confirmation and reconciliation if any.

1.7 Accounting Standard by ICAI Earning per Share is calculated as follows:

1.8. Additional Information to be given pursuant to para 3 & 4 of the part II of Schedule VI of the Companies Act, 1956, are not applicable.

1.9. Figures of the previous year have been rearranged and/or regrouped wherever necessary to conform to current year's presentation.

a) The company has only one class of equity shares having par value of Rs 10/- per share.

b)The details of shareholders holding more than 5 % shares:-

The notes referred to above are form an integral part of the Profit & Loss Account.


Mar 31, 2010

1. In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business.

2. The Company has mainly activity of trading in commodities except long term investments in shares. Hence income from them and Assets & Liabilities are considered only one segment therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICAI is not required.

3. In view of applicability of AS - 22, company does not have deferred liability. Therefore the same is not recognized in the accounts

4. No provision for diminutions in market value of investments of Rs. 1967133/-has been made during the year.

5. Trading in shares of the company with Stock Exchange, Mumbai is remained suspended and the company is making efforts to revoke the same

6. Sundry debits/credit balances are subject to confirmation and reconciliation if any.

7. Additional Information to be given pursuant to para 3 & 4 of the part II of Schedule VI of the Companies Act, 1956, are not applicable.

8. Figures of the previous year have been rearranged and/of regrouped wherever necessary to conform to current years presentation.


Mar 31, 2009

1. In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business.

2. The Company has mainly activity of trading in commodities except long term investments in shares. Hence income from them and Assets & Liabilities are considered only one segment therefore, Disclosure of segment reporting pursuant to AS - 17 issued by the ICAI is not required.

3. In view of applicability of AS - 22, company does not have deferred liability. Therefore the same is not recognized in the accounts.

4. Pursuant to requirement of AS - 18 issued by ICAI the details of transactions carried out during the year with the related parties are disclosed as under

5. No provision for diminutions in market value of investments of Rs. 1967133/-has been made during the year.

6. Trading in shares of the company with Stock Exchange, Mumbai is remained suspended and the company is making efforts to revoke the same.

7. Sundry debits/credit balances are subject to confirmation and reconciliation if any.

8. Additional Information to be given pursuant to para 3 & 4 of the part II of Schedule VI of the Companies Act, 1956, are not applicable.

9. Figures of the previous year have been rearranged and/or regrouped wherever necessary to conform to current years presentation.

 
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