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Notes to Accounts of Natco Economicals Ltd.

Mar 31, 2015

1. The rights, preferences and restrictions including restrictions on the distribution of dividends and the repayment of capital;

Equity Shares

The company is having only one class of shares i.e. Equity carrying a nominal value of Rs.10/- per share

Every holder of the equity share of the Company is entitled to one vote per share held

In the event of liquidation of the Company, the equity shareholders will be entitled to receive remaining assets of the Company after the distribution / repayment of all creditors. The distribution to the equity shareholders will be in proportion of the number of shares held by each shareholder.

2. Commitments:

i) Uncalled liability on partly paid up shares- Nil Previous Year (Nil)

ii) Estimated amount of contracts remaining to be executed on capital accounts- NIL. Previous Year (Nil)

iii) Other Commitments Nil Previous Year Nil

3. In the opinion of Board of Directors & best of their knowledge & belief the provisions of all known liabilities are adequate.

4. In the opinion of Board of directors, Current Assets, Loans and Advances have a value on realization in the ordinary course of business at least equal to the amount at which they are stated.

5. During the financial year 2014-15 the company has made an investment of Rs NIL

6. CIF value of Imports - NIL Previous Year (NIL)

7. Earning & Expenditure in Foreign Currency: NIL Previous Year (NIL)

8. Payments to Auditor's : Rs 20090/- Previous year Rs. 20090/-

9. Director's remuneration: NIL Rs. NIL

10. Related Party Disclosure: As per Accounting Standard-18 issued by the Institute of Chartered Accountants of India, the Company's related parties and transactions are NIL

11. As per information available with the company, no amount is due to any undertaking/Enterprise covered under the Micro, Small and Medium Enterprise Development Act, 2006.

12. Since the Company is dealing in one segment, No separate Segment reporting is given.

13. The figures of the previous years have been regrouped and rearranged wherever it considered necessary.


Mar 31, 2014

1. The rights, preferences and restrictions including restrictions on the distribution of dividends and the repayment of capital;

Equity Shares

The company is having only one class of shares i.e. Equity carrying a nominal value of Rs.10/- per share Every holder of the equity share of the Company is entitled to one vote per share held

In the event of liquidation of the Company, the equity shareholders will be entitled to receive remaining assets of the Company after the distribution / repayment of all creditors. The distribution to the equity shareholders will be in proportion of the number of shares held by each shareholder.

The Company has not declared and paid dividend on the equity shares.

2. Capital commitment not provided for amount Rs. Nil (Rs. Nil)

3. Contingent liabilities not provided for : Rs. Nil

4. There are no Micro and Small Enterprises, to whom the company owes dues, Which are outstanding for more than 45 days as at 31st March' 2014.

5. This information as required to be disclosed under the Micro , small and medium Enterprise Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the company.

6. Segment Reporting :

The company engaged in Finance activity and there for ,there is only one reportable segment in accordance with Accounting Standards 17 are given as per Annexure A.

7. Figures shown in brackets are of corresponding figures of previous year.


Mar 31, 2013

Notes to Account

1.The rights, preferences and restrictions including restrictions on the distribution of dividends and the repayment of capital;

Equity Shares

The company is having only one class of shares i.e. Equity carrying a nominal value of Rs.10/- per share Every holder of the equity share of the Company is entitled to one vote per share held.

In the event of liquidation of the Company, the equity shareholders will be entitled to receive remaining assets of the Company after the distribution / repayment of all creditors. The distribution to the equity shareholders will be in proportion of the number of shares held by each shareholder.

The Company has not declared and paid dividend on the equity shares.

2. Capital commitment not provided for amount Rs. Nil (Rs. Nil)

3. Contingent liabilities not provided for : Rs. Nil

4. There are no Micro and Small Enterprises, to whom the company owes dues, which are outstanding for more than 45 days as at 31st March' 2013. This information as required to be disclosed under the Micro , small and medium Enterprise Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the company.

5. Segment Reporting :

The company engaged in investment activity and there for ,there is only one reportable segment in accordance with Accounting Standards 17 are given as per Annexure A.


Mar 31, 2012

1. The rights, preferences and restrictions including restrictions on the distribution of dividends and the repayment of capital;

Equity Shares

The company is having only one class of shares i.e Equity carrying a nominal value of Rs. 10/- per share Every holder of the equity share of the Company is entitled to one vote per share held

In the event of liquidation of the Company, the equity shareholders will be entitled to receive remaining assets of the Company

After the distribution / repayment of all creditors. The distribution to the equity shareholders will be in proportion of the number of shares held by each shareholder.


Mar 31, 2011

1. The rights, preferences and restrictions including restrictions on the distribution of dividends and the repayment of capital;

Equity Shares

The company is having only one class of shares i.e Equity carrying a nominal value of Rs.10/- per share Every holder of the equity share of the Company is entitled to one vote per share held

In the event of liquidation of the Company, the equity shareholders will be entitled to receive remaining assets of the Company

After the distribution / repayment of all creditors. The distribution to the equity shareholders will be in proportion of the number of shares held by each shareholder.

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