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Notes to Accounts of Mayur Floorings Ltd.

Mar 31, 2015

01. Contingent Liabilities:

As per information given to us by the management, there is no contingent liability of the Company as on date, except a sum of Rs 175000/- of penalty / fine / damages imposed by market regulator, SEBI, under violation of takeover code. Since, the same was challenged by Company, not acknowledged as a liability in the books, for the year ended as on date.

02. In the opinion of the Board and to the best of their knowledge and belief, the value of realizations of Current Assets, Loans and Advances, in the ordinary course of business would be not less than the amount at which they are stated in the Balance Sheet except considered doubtful and not provided for.

03. Balance of Sundry Debtors, Sundry Creditors, Loans and Advances and Advances to Capital Goods suppliers are subject to confirmation.

04. Previous years figures were regrouped / recasted / rearranged to confirm to current years classifications.

We have verified the above Cash Flow Statement of Ms. Mayur Floorings Limited derived from the Audited Financial Statements for the year ended as on 31.03.2014 and 31.03.2015 found the same to be drawn in accordance therewith & also with the requirements of Clause 32 of the Listing Agreement with Stock Exchanges.


Mar 31, 2014

1. Contingent Liabilities:

As per information given to us by the management, there is no contingent liability of the Company as on date, except a sum cf Rs 175000/-of penalty/fine/damages imposed by market regulator, SEBI, under violation of takeover code. Since, the same was challenged by Company, not acknowledged as a liability in the books, for the year ended as on date.

02. In the opinion of the Board and to the best of their knowledge and belief, the value of realizations of Current Assets, Loans and Advances, in the ordinary course of business would be not less than the amount at which they are stated in the Balance Sheet except considered doubtful and not provided for.

03. None of the employee's was getting more remuneration as required under Sections 217(2A) of the Companies Act, 1956.

04. Preliminary expenses are written off in equal installments over the period of ten years.

05. No provision for Income Tax & MAT has been made due to previous periods carry forward losses.

06. Balance of Sundry Debtors, Sundry Creditors, Loans and Advances and Advances to Capital Goods suppliers are subject to confirmation.

07. Previous years figures were regrouped / recasted / rearranged to confirm to current years classifications.


Mar 31, 2013

01. Contingent Liabilities :

As per information given to us by the management, there is no contingent liability of the Company as on date, except a sum of Rs 175000/- of penalty / fine / damages imposed by market regulator, SEBI, under violation of takeover code. Since, the same was challenged by Company, not acknowledged as a liability in the books, for the year ended as on date.

02. In the opinion of the Board and to the best of their knowledge and belief, the value of realizations of Current Assets, Loans and Advances, in the ordinary course of business would be not less than the amount at which they are stated in the Balance Sheet except considered doubtful and not provided for.

03. None of the employee''s was getting more remuneration as required under Sections 217(2A) of the Companies Act, 1956.

04. Preliminary expenses are written off in equal installments over the period of ten years.

05. No provision for Income Tax & MAT has been made due to previous periods carry forward losses.

06. Balance of Sundry Debtors, Sundry Creditors, Loans and Advances and Advances to Capital Goods suppliers are subject to confirmation.

07. Previous years figures were regrouped / recasted / rearranged to confirm to current years classifications.

08. There are no expenditures in foreign currency, during the year under considerations.

09. There are no earnings in foreign currency during the year under considerations.

10. Additional information under Part IV of Schedule VI of Companies Act, 1956.


Mar 31, 2012

01. Contingent Liabilities: As per information given to us by the management, there is no contingent liability of the Company as on date, except a sum of Rs 175000/- of penalty / fine / damages imposed by market regulator, SEBI, under violation of takeover code. Since, the same was challenged by Company, not acknowledged as a liability in the books, for the year ended as on date.

02. In the opinion of the Board and to the best of their knowledge and belief, the value of realizations of Current Assets, Loans and Advances, in the ordinary course of business would be not less than the amount at which they are stated in the Balance Sheet except considered doubtful and not provided for.

03. None of the employee's was getting more remuneration as required under Sections 217(2A) of the Companies Act, 1956.

04. Preliminary expenses are written off in equal installments over the period of ten years.

05. No provision for Income Tax & MAT has been made due to previous periods carry forward losses.

06. Balance of Sundry Debtors, Sundry Creditors, Loans and Advances and Advances to Capital Goods suppliers are subject to confirmation.

07. Previous years figures were regrouped / recasted / rearranged to confirm to current years classifications.

08. There are no expenditures in foreign currency, during the year under considerations.

09. There are no earnings in foreign currency during the year under considerations.

10. Additional information under Part IV of Schedule VI of Companies Act, 1956.


Mar 31, 2011

01. Contingent Liabilities:

As per information given to us by the management, there is no contingent liability of the Company as on date, except a sum of Rs 175000/- of penalty / fine / damages imposed by market regulator, SEBI, under violation of takeover code. Since, the same was challenged by Company, not acknowledged as a liability in the books, for the year ended as on date.

02. In the opinion of the Board and to the best of their knowledge and belief, the value of realizations of Current Assets, Loans and Advances, in the ordinary course of business would be not less than the amount at which they are stated in the Balance Sheet except considered doubtful and not provided for.

03. None of the employee's was getting more remuneration as required under Sections 217(2A) of the Companies Act, 1956.

04. Preliminary expenses are written off in equal installments over the period of ten years.

05. No provision for Income Tax & MAT has been made due to previous periods carry forward losses.

06. Balance of Sundry Debtors, Sundry Creditors, Loans and Advances and Advances to Capital Goods suppliers are subject to confirmation.

07. Previous years figures were regrouped / recasted / rearranged to confirm to current years classifications.

08. There are no expenditures in foreign currency, during the year under considerations.

09. There are no earnings in foreign currency during the year under considerations.

10. Additional information under Part IV of Schedule VI of Companies Act, 1956.

 
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