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Notes to Accounts of Regal Entertainment & Consultants Ltd.

Mar 31, 2014

1. CORPORATE INFORMATION

Name: Regal Entertainment & Consultants Ltd

Address: Ground Floor,24,Gunbow Street,Fort.Mumbai-400 001.

Nature of Business: Financial Activities

2. Contingent Liabilities: Nil

3. Debit and Credit balances of the parties are subject to confirmation.

4. In the opinion of the Board of Directors, the Current Assets, Loans & Advances are approximately of the values stated, if realized in the ordinary course of business. Certain Balances in Loans and Advances are subject to confirmations/reconciliation and adjustments, the effect of which in the opinion of the management will not be significant, and would be carried out as and when settled.


Mar 31, 2013

1. CORPORATE INFORMATION

Name: Regal Entertainment & Consultants Ltd

Address: Ground Floor,24,Gunbow Street,Fort.Mumbai-400001

Nature of Business: Financial Activities

2. There are no S.S.I. creditors above 30 days exceeding Rs. 1,00,000/-.

3. Expenditure on employee getting remuneration not less than Rs. 60,00,000 / - p.a. or Rs. 5,00,000 / - p.m. is Nil

4. Contingent Liabilities: Nil

5. Debit and Credit balances of the parties are subject to confirmation.

6. In the opinion of the Board of Directors, the Current Assets, Loans & Advances are approximately of the values stated, if realized in the ordinary course of business. Certain Balances in Loans and Advances are subject to confirmations/reconciliation and adjustments, the effect of which in the opinion of the management will not be significant, and would be carried out as and when settled.


Mar 31, 2012

1. CORPORATE INFORMATION

Name: Regal Entertainment & Consultants Ltd.

Address: Ground Floor,24,Gunbow Street,Fort.Mumbai-400001.

Nature of Business: Financial activities

2 MAT Credit of F.Y.2007-2008 amounting to Rs.1,85,732/- which was unrecorded has been now recorded.

3 There are no S.S.I. creditors above 30 days exceeding Rs. 1,00,000/-.

4 Expenditure on employee getting remuneration not less than Rs. 60,00,000 / - p.a. or Rs. 5,00,000 / - p.m. is Nil

5 Contingent Liabilities: Nil

6 Debit and Credit balances of the parties are subject to confirmation.

7 In the opinion of the Board of Directors, the Current Assets, Loans & Advances are approximately of the values stated,if realized in the ordinary course of business Certain Balances in Loans and Advances are subject to confirmations/ reconciliation and adjustments, the effect of which in the opinion of the management will not be significant, and would be carried out as and when settled.

8 The Revised Schedule VI has become effective from 1 April, 2011 for the preparation of financial statements .This has significantly impacted the disclosure and presentation made in the financial statements.Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the current year's classification / disclosure.


Mar 31, 2010

1. Previous year figures are regrouped/rearranged wherever necessary.

2. There are no S.S.I. creditors above 30 days exceeding Rs.1,00,000 /-.

4. Expenditure on employee getting remuneration not less than Rs.24,00,000 /- p.a. or Rs.2,00,000/- p.m. is Nil.

5. Contingent Liabilities: Nil

6. Debit and Credit balances of the parties are subject to confirmation.

7. In the opinion of the Board of Directors, the Current Assets, Loans & Advances are approximately of the values stated, if realised in the ordinary course of business. Certain Balances in Sundry Debtors, Loans and Advances are subject to confirmations/reconciliation and adjustments, the effect of which in the opinion of the management will not be significant, and would be carried out as and when settled.









 
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