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Notes to Accounts of Trivikrama Industries Ltd.

Mar 31, 2015

The company has one class of Equity shares having a par value of Rs.10/- each. Each shareholder is eligible to one vote per share held.

In the Event of Liquidation of the Company, the holders of the equity shares will be entitled to receive 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.

1. CONTINGENT LIABILITIES & COMMITMENTS : NIL

2. ADDITIONAL INFORMATION DISCLOSED AS PER PART II OF THE COMPANIES ACT, 2013 : NIL

3. SEGMENT REPORTING

The disclosure requirement of Accounting Standard-17 "Segment Reporting" as notified by Companies (Accounting Standards) Rules, 2006 (as amended) is not applicable.

4. AMOUNT DUE FROM DIRECTORS/PARTIES/ COMPANIES IN WHICH DIRECTORS ARE INTERESTED, IN TERMS OF SECTION 185 OF THE COMPANIES ACT, 2013 : NIL

5. RELATED PARTY TRANSACTIONS (SECTION 188 OF THE COMPANIES ACT, 2013):

As per Accounting Standard 18, the disclosures of transactions with the related parties are given below:

List of related parties where control exists and related parties with whom transactions have taken place and relationships:

Name of the Related Party Relationship

1. CKM Homecare Solutions Private Limited Wholly Owned Subsidiary

2. Kesavan Suresh Kumar Key Management Personnel

6. CONFIRMATION OF BALANCES/RECONCILIATION OF ACCOUNTS PERTAINING TO CERTAIN ADVANCES/CREDITORS/DEBTORS IS PENDING AS AT PERIOD END. HENCE, THE BALANCES HAVE BEEN ADOPTED AS PER THE BOOKS OF ACCOUNTS.

7. PREVIOUS YEAR'S FIGURES HAVE BEEN REGROUPED WHEREVER NECESSARY TO CONFORM TO CURRENT PERIOD'S CLASSIFICATION.

8. CONSEQUENT TO THE ENACTMENT OF THE COMPANIES ACT, 2013 (THE ACT) AND ITS APPLICABILITY FOR ACCOUNITNG PERIODS COMMENCING FROM 1ST APRIL 2014, THE COMPANY HAS REASSESSED THE REMAINING USEFUL LIFE OF FIXED ASSETS IN ACCORDANCE WITH THE PROVISIONS PRESCRIBED UNDER SCHEDULE II TO THE ACT. THERE ARE NO ASSETS WHICH HAVE COMPLETED THEIR USEFUL LIFE. IN CASE OF OTHER ASSETS, THE CARRYING VALUE (NET OF RESIDUAL VALUE) IS BEING DEPRECIATED OVER THE REVISED REMAINING USEFUL LIFE. THE DEPRECIATION AND AMORTIZATION EXPENSES CHARGED FOR YEAR ENDED WOULD HAVE BEEN HIGHER BY RS. 55,546/-, HAD THE COMPANY CONTINUED WITH THE PREVIOUS ASSESSMENT OF USEFUL LIFE OF SUCH ASSETS.


Mar 31, 2014

1 Contingent Liabilities & Commitments :

Particulars March 31,2014 March 31, 2013

(A) Contingent Liabilities

(i) Claims against the company not acknowledged as debts NIL NIL

(ii) Guarantees NIL NIL

(iii) Other money for which the company is contingently liable NIL NIL

Total (A) NIL NIL

(B) Commitments

(i) Estimated amount of contracts remaining to be executed on capital account and not provided for

(ii) Un-called liability on shares and other investments partly paid NIL NIL

(iii) Other commitments NIL NIL

Total (B) NIL NIL

Total (A) (B) NIL NIL



2 Segment Reporting

The disclosure requirement of Accounting Standard-17 "Segment Reporting" as notified by Companies (Accounting Standards) Rules, 2006 (as amended) is not applicable.

3 Amount due from/to company /firm in which Directors are Interested : NIL

Confirmation of balances/reconciliation of accounts pertaining to certain advances/creditors/debtors is pending as at period end. Hence, the balances have been adopted as per the books of accounts.

4 Previous year''s figures have been regrouped wherever necessary to conform to current period''s classification.

 
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