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Notes to Accounts of Neeraj Paper Marketing Ltd.
Mar 31, 2015
1. CORPORATE INFORMATION
The company has its Registered Office as well as business place at
218-222, Aggarwal Prestige Mall, Plot NO. 2, Community Centre, along
road no. 44, Pitampura, Delhi-110034 The company is engaged in Trading
& Marketing Business.
2. Rights, Preferences & Restrictions attached to shares
The company has one class of equity shares having a par value of Rs.
10/- per share. Each share holder is eligible for one vote per share
held. In the event of liquidation, the equity share holders are
eligible to receive the remaining assets of the company after
distribution of all preferential amounts, in proportion to their share
3. NATURE OF SECURITY FOR TERM LOANS FROM FINANCIAL INSTITUTIONS
Term Loan from PNB Housing Finance Limited is secured against Security
of Office Building of the Company at Unit No. 218-222 Plot No. 2,
Community Centre, Pitampura, Delhi. Term Loan from Kotak Mahindra Bank
Limited is secured against Security of Office Building of the Company
at Unit No. 217 Plot No. 2, Community Centre, Pitampura, Delhi
4. TERMS OF REPAYMENT FOR UNSECURED LOANS FROM OTHERS
The Company has not given any security for Loan taken from others. The
company has ultimate right to defer the repayment of loan.
5. NATURE OF SECURITY FOR VEHICLE LOANS
Vehicle Loans are secured against hypothecation of vehicles and
personal guarantee of directors.