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Notes to Accounts of Phoenix Township Ltd.

Mar 31, 2015

1) CORPORATE INFORMATION

PHOENIX TOWNSHIP LIMITED (the company) is a Public limited company incorporated on 10/02/1993 under the provisions of the Indian Companies Act, 1956 having Corporate Identity Number (CIN) U67190GA1993PLC001327. Its shares are not listed in any stock exchange. The Registered office situated at PANJI, State GOA. The company is engaged in providing Services relating to hotel business.

2. Contingent Liabilities

(a) Guarantees:

Particulars As at March 31,2015 As at March 31,2014

Guarantees given by Banks on behalf of the Company 12,47,500 19,90,000

TOTAL 12,47,500 19,90,000

3. Prior period comparatives

Previous year''s figures are presented as per the Revised Schedule VI to make comparables with current year. However, groupings of previous year''s figures presented in these financial statements are not matching with those presented in previous year''s financial statements.


Mar 31, 2014

CORPORATE INFORMATION

PHOENIX TOWNSHIP LIMITED (the company) is a Public limited company incorporated on 10/02/1993 under the provisions of the Indian Companies Act, 1956 having Corporate Identity Number (CIN) U67190GA1993PLC001327. (Its shares are listed in Bombay Stock Exchange on dated 07.04.2014 with (CIN L67190GA1993PLC001327). The Registered office situated at PANJI, State GOA. The company is engaged in providing Services relating to hotel business.

NOTE 1 : Notes to the Balance Sheet

1. Contingent Liabilities (as applicable)

(a) Guarantees : Particulars As at March As at March 31, 2014 31, 2013

Guarantees given by Banks on behalf of the Company 1,990,000 850,000

TOTAL 1,990,000 850,000

NOTE 2 : Notes to the Statement of Profit and Loss

1. Information pursuant to para 5(viii) of the General Instructions to the Statement of Profit and Loss

NOTE 3 : Other Notes

1. Related Party disclosures

a. List of related parties

Name of the Party Relationship Colaba Real Estate PLtd. Dr. Prafulla R Hede-Mine Owner A/c Hede Consultancy Co. Pvt. Ltd. Hede Investments Pvt. Ltd. A/c Sanquelim Investments Pvt. Ltd. A/c Associate Company Associate Firm Associate Company Associate Company Associate Company

2. Prior period comparatives

Previous year''s figures are presented as per the Revised Schedule VI to make comparables with current year. However, groupings of previous year''s figures presented in these financial statements are not matching with those presented in previous year''s financial statements.

 
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