Mar 31, 2011
01 The Company has an Investment of Rs 2,00,000/- in equity shares of M/S SHREE LAXMI NARAYAN MILLS LIMITED, which is under liquidation and No provision has been made in the accounts for the doubtful amount of Investment as the amount of doubtful debt is uncertain .
02 The Company is engaged in the business of Investing activities and there are no separate reportable segments as per AS-17.
03 As the Company has not paid / entered into any transaction with the related parties during the year under audit, no separate information is disclosed as per the requirements of AS-18.
04 None of the employees have completed five years of continued service making them eligible for Gratuity. Hence No provision has been made in the accounts for the same .
05 There are no outstanding leaves to the credit employees at the end of the year . Hence No provision has been made in the accounts for leave salary .
06 Figures in Brackets represent previous Year figures.
07 Previous Year figures have been regrouped, rearranged or recasted wherever considered necessary.