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Notes to Accounts of Seshachal Technologies Ltd.

Mar 31, 2013

1. The Company is engaged in the development of Computer Software. The Production and sale of such cannot be expressed in any generic unit. Hence it is not possible to give the quantitative details of sales and the information as required under paragraphs 3, 4C and 4D of Part II of Schedule VI of the Companies Act, 1956.

2. There is no liability payable by the Company to any Small Scale Industrial Undertaking as defined under the Industrial (Development and Regulation) Act, 1951 exceeding Rs.1 Lakh in aggregate and outstanding for a period of 30 days as at the date of the Balance Sheet.

3. The balances of Sundry Debtors, Loans and Advances are subject to Confirmations.

4. The company had paid a director sitting fees of Rs.30,000/- for the financial year 2012-13. As 6 board meetings are held the company had paid a sitting fees of Rs. 1,000/- per director per meeting.

5. There are no Contingent liabilities payables by the Company as on the date of the balance sheet.

6. Previous year figures have been regrouped and reclassified wherever necessary.

7. Paisa has been rounded off to the nearest rupee.


Mar 31, 2012

1. The Company is engaged in the development of Computer Software. The Production and sale of such cannot be expressed in any generic unit. Hence it is not possible to give the quantitative details of sales and the information as required under paragraphs 3, 4C and 4D of Part II of Schedule VI of the Companies Act, 1956.

2. There is no liability payable by the Company to any Small Scale Industrial Undertaking as defined under the Industrial (Development and Regulation) Act, 1951m exceeding Rs.1 Lakh in aggregate and outstanding for a period of 30 days as at the date of the Balance Sheet.

3. The balances of Sundry Debtors, Loans and Advances are subject to Confirmations.

4. There are no Contingent liabilities payables by the Company as on the date of the balance sheet.

5. Previous year figures have been regrouped and reclassified wherever necessary.

6. Paisa has been rounded off to the nearest rupee.


Mar 31, 2010

1. The Company is engaged in the development of Computer Software. The production and sale of such cannot be expressed in any generic unit. Hence, it is not possible to give the quantitative details of sales and the information as required under paragraphs 3,4C and 4D of Part II of Schedule VI of the Companies Act, 1956.

2. There is no liability payable by the Company to any Small Scale Industrial Undertaking (SSI) as defined under the Industrial (Development and Regulation) Act, 1951, exceeding Rs.1 lakh in aggregate and outstanding for a period of 30 days as at the date of the Balance Sheet.

3. The balances of Sundry Debtors, Loans and Advances are subject to confirmation.

4. There are no Contingent Liabilities payable by the Company as on the date of the Balance Sheet.

5. There are no employees who have drawn remuneration not less than Rs. 24 lakhs per financial year or not less than Rs.2 lakhs per month during the year.

6. The previous years figures have been recast /restated, whenever necessary to confirm to the current years classifications.

 
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