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Notes to Accounts of Rajputana Investment & Finance Ltd.

Mar 31, 2013

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.10/- 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,

For 2012-13 For 2011-12 Rs. Rs.

11. Contingent Liabilities not provided for in books of accounts NIL NIL

12. Estimated amount of Capital Contracts remaining outstanding (net of advances) NIL NIL

13. Since there is no Trading / Manufacturing activities, there is no information relevant to Trading / Manufacturing.

14. Since there are no employees, no provision for gratuity is required to be made.

15. There is no earning, expenditure and/or import involving foreign currency.


Mar 31, 2012

A. Contingent Liabilities not provided for in books of NIL NIL accounts

B. Estimated amount of Capital Contracts remaining

outstanding (net of advances) NIL NIL

C. Since there Is no Trading / Manufacturing activities, there is no information relevant to Trading / Manufacturing,

D. SIGNIFICANT ACCOUNTING POLICIES :

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 Aseets, 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. 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.

E. Since there are no employees, no provision for gratuity is required to be made.

F. There is no earning, expenditure and/or import involving foreign currency.

G. Earning per Share :

PARTICULARS For2011-12 For2010-11

(a) Weighted Number of Equity Shares 100000 100000

(b) Profit / (Loss) after Tax (Rs.) 1,09,252 (20,004)

(d) Basic & Diluted Earning / (Loss) per 1.09 (0.20) Equity Share (Rs.)

(e) Face Value per Equity Share (Rs.) 10 10

H. Reserve Fund as shown in the Balance Sheet represents reserve created in accordance with the provisions of Section 45-1C of the Reserve Bank of India Act, 1934.

I. There are no related party transactions to be reported as per Accounting Standard 18.

J. The financial statements for the year ended March 31, 2011 had been prepared as per the then applicable, pre- revised Schedule VI to the Companies Act, 1956. Consequent to the Notification of Revised Schedule VI under the Companies Ad, 1956, the financial statements for the year ended March 31,2012 are prepared as per Revised Schedule VI. Accordingly, the previous year figures have also been reclassified to conform to this year's classification. The adoption of Revised Schedule VI for previous year figures does not impact recognition and measurement.


Mar 31, 2011

1 There are no Contingent Liabilities which have not been provided for in books of accounts.

2 Since the activities of the Company are not trading and/or manufacturing, there is no quantitative information.

3 There is no earning, expenditure and/or import involving foreign currency.

4. Reserve Fund as shown in the Balance Sheet represents reserve created in accordance with the provisions of Section

5. to be reported as per Accounting Standard 18 issued by the Institute of Chartered Accountants of India.

6 Figures relating to previous year has been re-arranged/re-grouped whereever necessary.

7. Scheduies "A" to "E" are annexed to and form pad of Balance Sheet as at 31st March, 2011 and the Profit and Loss Account for the year ended on that date.

 
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