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Notes to Accounts of Shiva Suitings Ltd.

Mar 31, 2015

1. Segmental Reporting

The Company is mainly engaged in the business of trading and manufacturing of textiles considering the nature of business and financial reporting of the Company, the Company has only one segment viz; textile products as reportable segment. Note 19:

Capital Commitment Rs. NIL (Rs. NIL)

Note 2:

Earning & Expenditure in foreign currency Rs. NIL Rs. NIL)

Note 3:

Contingent liabilities Rs. NIL Rs. NIL)

Note 4:

Related Parties Disclosure:

Key Management Personnel;

(i) Shri Sharad Sureka

(ii) Shri Bhimsen Mittal

(iii) Shri S Subramani (ceased to be director on 07/04/2015)

(iv) Shri Dilip Kumar Sanghai

(v) Shri Mahesh Oza (appointed on 29/03/2015)

(vi) Ms. Sharda Deshbandhu Kagzi (Appointed on 25/03/2015 and Ceased to be director on 07/04/2015)

There is no transaction with related parties.

Note 5:

Figures of previous years have been regrouped/rearranged wherever necessary.

Figures in bracket indicate previous year figures.


Mar 31, 2014

A. Segmental Reporting

The Company is mainly engaged in the business of trading and manufacturing of textiles considering the nature of business and financial reporting of the Company, the Company has only one segment viz; textile products as reportable segment.

b. Capital Commitment Rs. NIL Rs. NIL)

c. Earning & Expenditure in foreign currency Rs. NIL (Rs. NIL)

d. Contingent liabilities

f. Related Parties Disclosure:

Key Management Personnel;

(i) Shri Sharad Sureka

(ii) Shri S. Subramani

(iii) Shri Bhimsen Mittal

(iv) Shri Dilip Kumar Sanghai

There is no transaction with related parties.

g. Figures of previous years have been regrouped /rearranged wherever necessary. Figures in bracket indicate previous year figures.


Mar 31, 2013

A.) Based on the information available with the Company, there are no suppliers who are registered as micro or small enterprises under "The Micro, Small and Medium Enterprises Development Act, 2006.

b. Segmental Reporting

The Company is mainly engaged in the business of trading and manufacturing of textiles considering the nature of business and financial reporting of the Company, the Company has only one segment yes; textile products as reportable segment.

c. Contingent liabilities

Particulars March 13 March 12

Disputed demand for Conroe Charge 15,57,488 15,57,488



d. Related Parties Disclosure:

Key Management Personnel;

(i) Shri Sharad Sureka

(ii) Shri S Subramani

(iii) Shri Bhimsen Mittal

e. Fibres of previous years have been regrouped /rearranged wherever necessary. Figures in bracket indicate previous year figures.


Mar 31, 2010

A. Segmental Reporting

The Company is mainly engaged in the business of trading and manufacturing of textiles Considering the nature of business and financial reporting of the Company, the Company has only one segment viz; textile products as reportable segment.

b. Capital Commitment Rs. NIL(Rs.2,00,000/-)

c. Earning & Expenditure in foreign currency Rs. NIL(Rs. NIL)

d. Audit Fees Rs.55,150/- (Rs.44,120/-)

e. Contingent liabilities

Particulars March 10 March 09

Disputed demand for Octroi Charge 15,57,488 15,57,488

h. Related Parties Disclosure:

Key Management Personnel;

(i) Shri Sharad Sureka

(ii) Shri S. Subramani

(iii) Shri Bhimsen Mittal

There is no transaction with related parties.

i. Based on the information available with the Company, there are no suppliers who are registered as micro or small enterprises under "The Micro, Small and Medium Enterprises Development Act, 2006.

j. Figures of previous years have been regrouped /rearranged wherever necessary. Figures in bracket indicate previous year figures.


Mar 31, 2009

A. Segmental Reporting

The Company is mainly engaged in the business of trading and manufacturing of textiles Considering the nature of business and financial reporting of the Company, the Company has only one segment viz; textile products as reportable segment.

b. Capital Commitment Rs. 2,00,000/- (Rs.NIL)

c. Earning & Expenditure in foreign currency Rs. NIL (Rs. 51,63,407)

d. Audit Fees Rs.44,120 (Rs.56,180)

e. Contingent liabilities Particulars March 09 March 08 Disputed demand for Octroi Charge 15,57,488 15,57,488 As required by Section 205C of the Act, the Company has not deposited following amount in the investor protection fund account. Unpaid Dividend 71,526 71,526

f. Figures of previous years have been regrouped /rearranged wherever necessary. Figures in bracket indicate previous year figures.

 
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