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Notes to Accounts of Intellivate Capital Advisors Ltd.

Mar 31, 2015

Additional Disclosure 1(A) :

I) During the Financial year 2013-14 Equity shares of Rs. 10/- each subdivided into 10 shares of Rs 1/- each with effect from 1/10/2013 accordingly total number of equity shares are 31,054,810

ii) 30,55,481 Shares were allotted in the last 5 years pursuant to the Scheme of arrangement between Intelligent Capital Ventures Ltd, the demerged Company and Indelicate Capital Advisors Ltd, the First resulting Company and ICVL Chemicals Ltd, the Second resulting company and ICVL Steels Ltd, the Third resulting company and their respective shareholders became effective on20th January, 2012.

Note 1. (d) Rights, Preferences & Restrictions attach to equity shares

The Company has one class of Equity shares having par value of Rs 1/- per Share ( Previous Year Rs.10/- per share). Each shareholder is eligible for one vote per share held. The dividend proposed by the board of directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case of interim devid end. In the event of liquidation, the Equity Shareholder are eligible to receive the remaining assets of the company after distribution to all preferential amounts, in proportion to their shareholding.

Corporate information

Intellivate Capital Advisors Limited (the Company) is a Public Company and is incorporated under the provisions of The Companies Act,1956. The company is engaged in the Business of Consultancy and Advisory Services.

1. 'As regards compliance of Provision as per the requirement of Sec 22 of the Micro, Small and Medium enterprises act 2006 relating to dues to the Micro, Small and Medium enterprises. The company has not received from any parties claim to be small scale industries and the said information is not given.

2. 'Segment Information

The company is pirating only in one segment.

17.15 Related party disclosures under Accounting Standard -18 List of Related Parties where Control exists:

Samco Securities Limited (formerly- Samruddhi Stock Brokers Ltd)

Samco Ventures Private Limited

Samco Commodities Limited (formerly-Samruddhi Tradecom India Ltd)

Samruddhi Finstock Ltd

Bombay Exim Pvt Ltd

Jinal Finvest Pvt Ltd

Jimeet Developers Pvt Ltd

Ashwa Realty (India) Pvt Ltd

Galaxy Realty Pvt Ltd

Niralee Properties Pvt Ltd

High Rise Realty Pvt Ltd

Anish Properties Pvt Ltd

Saria Builders & Developers Pvt Ltd

Piyali Builders & developers Pvt Ltd

Rock Builders & Developers Pvt Ltd

Win Sure Trade Invest Private Limited

Hansa Villa Realty Private Limited

ICVL Steels Ltd

Intellivate Capital Ventures Ltd.

3. Retirement Benefits

'Long Term Employee Benefits are not provided because no employee has completed full year of service.

4. Provision for Taxes

Provision for current tax has been made as per the provisions of the Income Tax Act 1961.

5. 'In the opinion of Management, the Current Assets, Loans And Advances are approximately of the value as stated if realized in the ordinary course of business.

6. 'Balances standing to the debit/credit of parties is subject to confirmation by them and reviews by the Company.

7. The figures of the previous year have been regrouped, rearranged and reclassified wherever necessary to conform to current year's classification.


Mar 31, 2014

1. Corporate information

Intellivate Capital Advisors Limited (the Company) is a Public Company and is incorporated under the provisions of The Comapnies Act,1956. The company is engaged in the Business of Consultancy and Advisory Services.

2. Additional Disclosure 1(A):

i) During the financial year Equity shares of Rs. 10/- each subdivided into 10 shares of Rs 1/- each with effect from 1/10/2013 accordingly total number of equity shares are 3,10,54,810

ii) 30,55,481 Shares were alloted in the last 5 years persuant to the Scheme of arrangement between Intellivete Capital Ventures Ltd, the demerged Company and Intellivate Capital Advisors Ltd, the First resulting Company and ICVL Chemicals Ltd, the Second resulting company and ICVL Steels Ltd, the Third resulting company and their respective shareholders became effective on 20th January, 2012.

Note 3. (d) Rights, Preferences & Restrictions attach to equity shares

The Company has one class of Equity shares having par value of Rs 1/- per Share (Previous Year Rs.10/- per share). Each shareholder is eligible for one vote per share held. The dividend proposed by the board of directors is subject to the approval of the shareholders in the ensuing Annul General Meeting, except in case of interim devidend. In the event of liquidation, the Equity Shareholder are eligible to receive the remeining assest of the company after distribution to all preferencial amounts, in proportion to their shareholding.


Mar 31, 2013

Note 1: Corporate information

Intellivate Capital Advisors Limited (the Company) is a Public Company and is incorporated under the provisions of The Comapnies Act, 1956. The company is engaged in the Business of Consultancy and Advisory Services.

1.1 Retirement Benefits

Long Term Employee Benefits are not provided because no employee has completed full year of service.

1.2 Provision for Taxes

Provision for current tax has been made as per the provisions of the Income Tax Act 1961.

1.3 In the opinion of Management, the Current Assets, Loans and Advances are approximately of the value as stated if realised in the ordinary course of business.

1.4 Balances standing to the debit/credit of parties is subject to confirmation by them and reviews by the Company.

1.5 The figures of the previous year have been regrouped, rearranged and reclassified wherever necessary to conform to current year''s classification. The figures are not comparible with those of previous year due to demerger of ihe Advisory division, Chemical division and Steel division of Intellivate Capital Ventures Ltd.

1.6 The financial statements for the year ended March 31, 2013 are prepared as per the Revised Schedule VI under the Companies Act, 1956.


Mar 31, 2012

Note 1: Corporate information

Intellivate Capital Advisors Limited (the Company) is a Public Company and is incorporated under the provisions of The Comapnies Act,1956. The company is engaged in the Business of Consultancy, Advisory .

2.1 In the opinion of Management, the Current Assets, Loans and Advances are approximately of the value as stated if realised in the ordinary course of business.

2.3 Balances standing to the debit/credit of parties is subject to confirmation by them and reviews by the Company.

2.4 This is the First Accounting period of the company therefore previous year figures are not given. The company was incorporated on 3rd March, 2011. Pursuant to the scheme of Arrangement U/s 391 to 394 and other applicable provisions of the Companies Act,1956. There was demerger of Advisory Division of the Intellivate Capital Ventures Limited with the company. The scheme of arrangement is sanctioned and approved by the Hon'ble High Court of judicature at Bombay on 16th December 2011, and upon filing the said order with Registrar of Companies, with Maharashta on 20th January,2012, the said scheme became effective.

Pursuant to the scheme of Arrangement U/s 391 to 394 and other applicable provisions of the Companies Act,1956. There was demerger of Advisory Division of the Intellivate Capital Ventures Limited with the company. Accordingly Income & Expenses of the advisory division is merged with the company.

2.5 The financial statements for the period ended March 31, 2012 are prepared as per the Revised Schedule VI under the Companies Act,1956.

 
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