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Accounting Policies of Rajputana Investment & Finance Ltd. Company

Mar 31, 2013

A) These accounts are prepared on historical cost concept and on the basis of accounting principles of a going concern.

b) Accounting Policies unless specifically stated to be otherwise, are consistent and are in consonance with generally accepted accounting principles.

c) The Company does not have any Fixed Assets, hence the policy in respect thereof shall be formulated as and when the need arises.

d) Since the Company does not have any Fixed Assets, the policy in respect of Depreciation will be formulated as and when the need arises.

e) Revenue recognition is on accrual basis unless otherwise stated.

f) Long Term Investments are stated at cost less provision for diminution, other than temporary, in value of such investments determined for each investment individually,

g) Policy in respect of inventories shall be formulated as and when the need arises.


Mar 31, 2012

1. There has been no change/movements in numbers of shares outstanding at the beginning and at the end of the reporting period.

2. The Company has only one class of issued shares, i.e. Equity Shares having face value of Rs.10Z- per share. Each holder of Equity Shares is entitled to one vote per share and equal right for dividend. The dividend, if any, proposed by the Board of Directors is subject to the approval of shareholders in the relevant Annual 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 payment of all preferential amounts, in proportion to their shareholdings.

3. The Company does not have any Holding Company / ultimate Holding Company.

4. No Equity Shares have been reserved for issue under options and contracts/commitments for the sale of shares/disinvestment as at the Balance Sheet date.

5. The Company has not allotted any shares as fully paid up pursuant to contract(s) without payment being received in cash within a period of 5 years preceding the date as at which the Balance Sheet is prepared.

6. The Company has not allotted any shares as fully paid up by way of bonus shares within a period of 5 years preceding the date as at which the Balance Sheet is prepared.

7. The Company has not bought back any shares within a period of 5 years preceding the date as at which the Balance Sheet is prepared.

8. No securities convertible into Equity/Preference Shares have been Issued by the Company during the year,

9. No calls are unpaid by any Director or Officer of the Company.

10. No shares have been forefeited by the Company.


Mar 31, 2011

A) These accounts are prepared on historical cost and on the basis of accounting principles of a going concern, b) Accounting Policies unless specifically stated to be otherwise, are consistent and are in consonance with generally accepted

c) The company dose not have any fixed assets. Policy in respect thereof shall be framed as and when required.

d) Policy in respect of depreciation shall be framed when the company acquires any fixed assets.

e) Revenue recognition is on accrual basis unless otherwise stated.

f) Long Term Investments are stated at cost. Provision for diminution, other than temporary, in value of such investments determined for each investment individually is being made separately.

g) Policy in respect of inventories shall be formulated as and when the need arises.

 
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