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Notes to Accounts of Pacheli Industrial Finance Ltd.

Mar 31, 2015

1. B)Rights, preferences and restrictions attached to Equity shares

The Company has one class of equity shares having a par value of ' 10 each. Each shareholder is eligible for one vote per share held. The dividend proposed by the Board of Directors,if any is subject to the approval of the shareholders in the ensuingAnnual General Meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.


Mar 31, 2014

1. There is no earning in Foreign Exchange nor any expenditure in foreign Exchange.

2. There are no Sundry Creditors at the end of the year who has registered as Smalt Scale Industries. Hence relevant information is not applicable.

3. There is no Fixed Assets as per Companies Act. 1956 and thus No Deferred Tax Provision has been made.

4. Debtors, Creditors, Loans & Advances are subject to confirmations.

5. Previous year figures have been regrouped, rearranged and recosted to Correspond the figures of the current year.


Mar 31, 2013

1. There is no earning in Foreign Exchange nor any expenditure in foreign Exchange.

2. There are no Sundry Creditors at the end of the year who has registered as Small Scale Industries. Hence relevant information is not applicable.

3. Previous year figures have been regrouped, rearranged and recosted to Correspond the figures of the current year.


Mar 31, 2012

1. There is no earning in Foreign Exchange nor any expenditure in foreign Exchange.

2. There are no Sundry Creditors at the end of the year who has registered as Small Scale Industries. Hence relevant information is not applicable.

3. Previous year figures have been regrouped, rearranged and recosted to Correspond the figures of the current year.


Mar 31, 2010

1. CONTIGENT LIABILITIES:

There are no Contingent liabilities as perceive by the management.

2. The company has investment of Rs. 1,13,79,838/- in quoted shares and unquoted Shares and unquoted shares. The investments are valued at cost. The valuation of Investment has melt down. There is no Provision for the probable loss that may Arise since same is considered as to be temporary in nature.

3. TAXATION:

Deferred Taxation: The Company has accounted for deferred tax in accordance with accounting standard-22"Accounting for Taxes on Income" issued by The council of the Institute of Chartered Accountants of India.

4. RELATED PARTY TRANSACTIONS;

Associates:

Zenu Infotech Ltd

Annanaya Enterprises

Pankaj Dhoot HUF

P.CDhoot HUF

Total Investments P. Ltd

Key Management Personnel

Padamchand Dhoot

Pushpadevi Dhoot

Pankaj Dhoot

Anuradha Dhoot

Pankaj Dhoot

5 SEGMENT REPORTING (Accounting Standarc17)

The company operates under single business segment of Granites sales & rest major income is Interest.

6 There is no earning in Foreign Exchange nor any expenditure in foreign Exchange.

7. There are no Sundry Creditors at the end of the year who has registered as Small Scale Industries. Hence relevant information is not applicable.

8. Previous year figures have been regrouped, rearranged and recosted to Correspond the figures of the current year.

 
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