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Notes to Accounts of Maharashtra Corporation Ltd.

Mar 31, 2015

1 Corporate Information

Maharashtra Corporation Limited (the Company) is a public limited company domiciled in India and incorporated under the provisions of the Companies Act, 1956. Its shares are listed on the Bombay Stock Exchange.


Mar 31, 2014

1. In the opinion of the Board the value of Current Assets, Loans & Advances have a value in ordinary course of business at least equal to that stated in the Balance Sheet except in case of those show in doubtful. Loans & Advances, Sundry Debtors & Sundry creditors are subject to confirmation from the parties.

2. No Interest has been provided for the year on loans & advances made by the Company during the year in many cases.

3. Estimated Amount of Contracts Remaining to be executed on Capital Accounts and not provide for Rs. NIL.

4. Additional information Pursuant to the Provision of Paragraph 3, 4C and 4D of part II of the Schedule VI of the Companies Act, 1956.

a. Particulars of Purchase, Turnover and Stock of Goods traded in -

b. Other additional information - NIL (Previous Year NIL)

c. Earning & Expenditure in Foreign Currency - NIL ( Previous Year NIL)

5. Previous Year''s Figure have been Regrouped and rearrange wherever found necessary.

Signature to the Schedule 1 to 24 forming part of the Balance Sheet & Profit & Loss Account.


Jun 30, 2013

1. In the opinion of the Board the value of Current Assets, Loans & Advances have a value in ordinary course of business at least equal to that stated in the Balance Sheet except in case of those show in doubtful. Loans & Advances, Sundry Debtors & Sundry creditors are subject to confirmation from the parties.

2. No Interest has been provided for the year on loans & advances made by the Company during the year in many cases.

3. Estimated Amount of Contracts Remaining to be executed on Capital Accounts and not provide for Rs. NIL.

4. Additional information Pursuant to the Provision of Paragraph 3, 4C and 4D of part II of the Schedule VI of the Companies Act, 1956.

a. Particulars of Purchase, Turnover and Stock of Goods traded in –

b. Other additional information – NIL (Previous Year NIL)

c. Earning & Expenditure in Foreign Currency – NIL ( Previous Year NIL)

5. Previous Year''s Figure have been Regrouped and rearrange wherever found necessary.


Jun 30, 2010

1. In the opinion of the Board the value of Current Assets, Loans & Advances have a value in ordinary course of business at least equal to that stated in the Balance Sheet except in case of those show in doubtful.

2. No Interest has been provided for the year on Loans & Advances made by the Company in few cases.

3. Estimated Amount of Contracts Remaining to be executed on Capital Accounts and not provide for Rs. NIL.

4. Additional information Pursuant to the Provision of Paragraph 3, 4C and 4D of part II of the Schedule VI of the Companies Act, 1956.

A. Other additional information - NIL (Previous Year NIL)

B. Earning & Expenditure in Foreign Currency - NIL ( Previous Year NIL)

C. Previous Years Figure has been Regrouped rearrange wherever found necessary.

5. Loans & Advances include Rs. 23,60,000/- advance to Avon Engineering Ltd. And Rs. 11,80,000/- to Avon Mouldings PvL Ltd. The Company has filed writ petitions in the Honorable High Court for the recovery of the same.

Signature to the Schedule 1 to 13 forming part of the Balance Sheet & Profit & Loss Account


Jun 30, 2009

1. In the opinion of the Board the value of Current Assets, Loans & Advances have a value in ordinary course of business at least equal to that stated in the Balance Sheet except in case of those show in doubtful.

2. No interest has been provided for the year on Loans & Advances made by the Company in few cases.

3. Estimated Amount of Contracts Remaining to be executed on Capital Accounts and not provide for Rs. NIL

4. Additional information Pursuant to the Provision of Paragraph 3,4C and 4D of part II of the Schedule VI of the Companies Act, 1956.

A. Other additional information - NIL (Previous Year NIL)

B. Earning & Expenditure in Foreign Currency - NIL ( Previous Year NIL)

C. Previous Years Figure has been Regrouped rearrange wherever found necessary.

5. Loans & Advances include Rs. 23,60,000/- advance to Avon Engineering Ltd. And Rs. 11,80,000/- to Avon Mouldings Pvt. Ltd. The Company has filed writ petitions in the Honorable High Court for the recovery of the same.

Signature to the Schedule 1 to 13 forming part of the Balance Sheet & Profit & Loss Account.

 
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