Notes to Accounts of Relson India Ltd.

Mar 31, 2014

1. The Suppliers invoices or other documents furnished by the company do not give any authenticate information about their status and in particular, whether a small scale undertaking (SSI units). Accordingly it is not possible to disclose any authentic information about SSI dues.

2. Additional information as required under para 3, 4-C and 4-D of part II of Schedule VI to the Companies Act 1956. (As certified by the Director and relied upon by the Auditor) to the extent applicable.

3. SHARE CAPITAL

Terms and rights attached to equity shares

The company has only one class of shares referred to as equity shares having par value of Rs. 10 each. Each equity share holder is entitled to one vote per share. In the event of liquidation of the company, the holders of equity shares will be entitled to receive any of the remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Shareholding more than 5%

As per shareholders register, there are no shareholders holding more than 5% of shares in the Company for the Financial Year 2013-14 and 2012-13.

The company has not allotted any fully paid up equity shares by way of bonus shares, or in pursuant to contract without payment being received in cash nor has bought back equity shares during the five years immediately preceding the balance sheet date.

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Mar 31, 2013

1. The Suppliers invoices or other documents furnished by the company do not give any authenticate information about their status and in particular, whether a small scale undertaking (SSI units). Accordingly it is not possible to disclose any authentic information about SSI dues.

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Mar 31, 2010

Current Year Previous Year

Rupees Rupees

1. Contingent liabilities not provided for Nil Nil

2. Estimated amount of contracts remaining to be executed on capital account Nil Nil



3. In the opinion of the directors :

a) The current assets, loans and advances are approximately of the value stated, if realized in the ordinary course of business.

b) The provision for all known liabilities are adequate and not in excess of the amount reasonably necessary.

4. Payment to Auditors :

Current Year Previous Year

Rupees Rupees

a) Audit Fees 33,090/- 33090/-

b) Taxation and other matters 0.00 0.00

33,090/- 33090/-



7. Previous year figures are regrouped or rearranged, wherever considered necessary.

8. The Suppliers invoices or other documents furnished by the company do not give any authenticate information about their status and in particular, whether a small scale undertaking (SSI units). Accordingly it is not possible to disclose any authentic information about SSI dues.

9. a) Quoted Investment

The management has given custody of all the shares certificates to depository authorities for completing the demating formalities and hence we are unable to conduct the physical verification of shares. Further some of the shares are in the name of directors and their relatives and yet not transferred in the name of the company.

b) Unquoted Investment

These share certificates are not available for verification, although allotment acknowledgement letter from respective companies were made available. The shares in respect of which market quotations are not available, disclosed under "Unquoted Investment".

12. Additional information as required under para 3,4-C and 4-D of part II of Schedule VI to the Companies Act 1956. (As certified by the Director and relied upon by the Auditor) to the extent applicable is as follows :

Current Year Previous Year

Rupees Rupees

a) Value of Import on CIF basis Nil Nil

b) Expenditure in foreign currency Nil Nil

c) As the company had done only software development activities during the year, the clause relating to raw material and spare parts consumption is not applicable.

Current Year Previous Year

Rupees Rupees

d) Earning in foreign exchange Nil Nil

e) As the company had done only software development activity during the year, the clause relating to information about licensed, installed capacity and production is not applicable.

f) As the company has done only software development activities during the year, the clause relating to information about quantitative details is not applicable.

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Mar 31, 2002

Current Year Previous Year Rupees Rupees

1. Contingent liabilities not provided for Nil Nil

2. Estimated amount of contracts remaining to be executed on capital Nil Nil account.

3. In the opinion of the directors :

a) The current assets, loans and advances are approximately of the value stated, if realised in the ordinary course of business.

b) The provision for all known liabilities are adequate and not in excess of the amount reasonably necessary.

4. As the amount of deferred tax liability on account of depreciation is not material, the company has not provided for deferred tax liability as referred by the accounting standard issued by Institute of Chartered Accountants of India.

5. Previous year figures are regrouped or rearranged, wherever considered necessary.

6. The Suppliers invoices or other documents furnished by the company do not give any authenticate information about their status and in particular, whether a small scale undertaking (SSI units). Accordingly it is not possible to disclose any authentic information about SSI dues.

7. Additional information required under para 3, 4-C and 4-D of part II of Schedule VI to the Companies Act 1956. (As certified by the Director and relied upon by the Auditors) is as follows :

Current Year Previous Year Rupees Rupees

a) Value of Import on CIF basis Nil Nil

b) Expenditure in foreign currency Nil Nil

c) As the company had done only trading activities during the year, raw materials and spare parts consumption clauses are not applicable.

Current Year Previous Year Rupees Rupees

d) Earning in foreign exchange Nil Nil

e) As the company had done only trading activities during the year, information about licensed, installed capacity and production are not applicable.

f) As the company has not maintained stock records, information about purchases and sales are not given.