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Notes to Accounts of Otco International Ltd.

Mar 31, 2014

Not Available.


Mar 31, 2013

AS -1 Segmental Reporting

Segmental Reporting has not been prepared in relation to the Company as the Company has only one major segment of Credit Information.

AS - 2 Earnings Per Share

Basic & Diluted Earnings Per Share for the Year under audit is Nil (Previous Year Rs. 0.00/- Per Share) AS - 22 Taxes On Income

Deferred Tax Liability has been provided & shown separately under Non Current Liabilities.

3. Figures for the previous year have been regrouped and/or re-arranged wherever necessary and have been rounded-off to the nearest rupee.

4. Confirmation of balances from parties has not been received till date.

5. Sundry Creditors do not include any amount due to small Scale Industrial Undertakings as at 31st March 2013.

6. There are no whole time directors. Managerial Remuneration paid to the non-whole time directors by way of sitting fees for the year is Nil as the Directors have waived off the fees payable to them.

(Previous year NIL)

7. Expenditure in Foreign Currency : Marketing Expenses : Nil (Previous Year Rs. Nil/-)

Business Promotion Expenses: Nil (Previous Year: Rs. Nil/-)


Mar 31, 2010

1. Figures for the previous year have been regrouped and/or re-arranged wherever necessary and have been rounded-off to the nearest rupee.

2. Confirmation of balances from parties has not been received till date.

3. Sundry Creditors do not include any amount due to small Scale Industrial Undertakings as at 31st March 2008.

4. There are no whole time directors. Managerial Remuneration paid to the non-whole time directors by way of sitting fees for the year is Nil as the Directors have waived off the fees payable to them.

(Previous yearRs. 15,000/-)

5. Expenditure in Foreign Currency : Marketing Expenses : Nil (Previous Year Rs. Nil/-) Business Promotion Expenses: NIL (Previous Year: Rs. Nil/-)

6. The Bank Accounts opened for the payment of Dividend has been converted into Unclaimed Dividend Account. The Unclaimed Dividend at the year end is:

Final Dividend (00-01) Rs. 6,290/- Interim Dividend (01-02) Rs. 9,870/- Final Dividend (01-02) Rs. 12,570/-

These amounts are proposed to be transferred during the Current Financial Year.