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Notes to Accounts of Kemistar Corporation Ltd.

Mar 31, 2015

1. Contingent liabilities and Commitments ( to the extent not provided for as on 31st march 2012 As Certified by the management

- Contingent Liabilities NIL NIL

-Commitments NIL NIL


Mar 31, 2014

Contingent Liabilities and Commitments (to the extent not provided for as on 31st march 2012 As Certified by the management

* Contingent Liabilities NIL NIL

* Commitments NIL NIL


Mar 31, 2012

(a). The company is not holding more than 50 percent capital in any company. Therefore within

The meaning Section 4 Of the Companies Act, 1956. The company is not owing any subsidiary and hence no consolidated of financial statements are required.

(b). Balances of all the parties are subject to confirmations and reconciliations.

(c). In the opinion of the management the current assets are approximately of the values stated, if realized in the ordinary course of business unless otherwise stated. provisions of all liabilities are adequate and nnt"5'"655 Un'6SS otherwise stated' The reasonably necessary adequate and not In excess of the amount considered reasonably necessary.

(d) Previous year's figures have been re- grouped and re- arranged weather considered necessary.

(e) Immaterial items have been ignored on making disclosure.

(f) Weather external evidences were not available, reliance had been made on internal evidences and / or explanation provided by the management.


Mar 31, 2011

(1). Contingent Liability :-

As Certified by the Management, there is no contingent liability.

(2). Balances of all the parties are subject to confirmation and reconciliation .

(3). In the opinion of the management, the current assets and advances are approximately of the values stated, if realized in the ordinary course of business unless otherwise stated. The provisions of all liabilities are adequate and not in excess of the amount considered reasonably necessary.

(4). Previous Year's figures have been re-grouped and re-arranged wherever considered necessary.

(5). Immaterial items have been ignored on making disclosure.

(6). Wherever external evidences were not available, reliance had been made on internal evidences and / or Explanations provided by the client.

(7).Additional Information pursuant to the provisions of Clause 4C and 4D of Part II of Schedule VI to the Companies Act, 1956 ; being not applicable has not been provided.

(8).Additional Information pursuant to the provisions of Clause 4C and 4D of Part II of Schedule VI to the Companies Act, 1956; being not applicable has not been provided.

(9). Related Party Disclosure :-

Related party :- K P International Private Limited

Transaction :- Sales : Rs.67,200/-

(10). Balance Sheet Abstract as per Part IV of Schedule VI to the Companies Act, 1956 As per Annexure.

(11). Schedules A to G as well as Schedule 1 to 3 forms part of the Financial Statements.


Mar 31, 2010

(1). Contingent Liability :-

As certified by the Management, there is no contingent liability.

(2). Balances of all the parties are subject to confirmation and reconciliation .

(3). Deferred Tax Asset / ( Liability ) as per AS - 22 :-

Current Year Previous Year

Rs. Rs.

Due to Timing Differences (Depreciation) 1,557/- (3,057)/-

Due to Permanent Differences 2,055/- NIL

Total 3,612/- NIL

(4). In the opinion of the management , the current assets and advances are approximately of the values stated , if realized in the ordinary course of business unless otherwise stated . The provisions of all liabilities are adequate and not in excess of the amount considered Reasonably necessary .

(5). Previous Years figures have been re-grouped and re-arranged wherever considered necessary.

(6). Immaterial items have been ignored on making disclosure.

(7). Wherever external evidences were not available, reliance had been made on internal evidences and / or Explanations provided by the client.

(8).Additional Information pursuant to the provisions of Clause AC and 4D of Part II of Schedule VI to the Companies Act, 1956 ; being not applicable has not been provided.

(9). Balance Sheet Abstract as per Part-IV of Schedule VI to the Companies Act, 1956 - As per Annexure .

(10). Schedules A to H forms part of the Financial Statements.

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