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Notes to Accounts of Unitech International Ltd.

Mar 31, 2014

1 Significant events occurring after the Balance Sheet date are taken into consideration while preparing this report.

Outstanding balances in respect of Debtors, Creditors, Deposits and Advances, are

2 subject to Confirmation and reconciliation thereof from the respective parties. Some balances have been adjusted by inter transfer of accounts.

3. In the opinion of the Board of Directors, save as otherwise stated, the Current Assets Loans and Advances have been stated at values realizable in the course of business and provision has been made for all known liabilities.

4. In absence of proper information and inadequacy of data of past years, the company is not able to comply with the requirements of AS-22 i.e. "Accounting for Taxes on Income" issued by ICAI relevant to Provision for Deferred Tax while preparing the financial statements for the year.

5 There are some Pending Cases against the company and its Directors which are listed below:

a) The management has decided to transfer the amount not payable in Case No:

705/706/05 as the matter has not been admitted by the respective court and accordingly the same has been transferred to Capital Reserve in the previous year. This has been confirmed by the court decision in favour of the company

b) The case filed by Doljo Chem. Pvt Ltd vide Case No: 603/SS05/Mazgaon Court has been settled by the company arid there remains no liability.

Note 1: As the company has earned a meager amount of profit before depreciation but loss after deprecation out of its operation. Earnings per share has not been calculated.

6. Schedules and notes form an integral part of Accounts and have been duly Authenticated.


Mar 31, 2013

1. Contingent liabilities : Contingent Liabilities, which are not provided, are disclosed by way of notes.

2. Events occurring after the Balance Sheet Date : Significant events occurring after the Balance Sheet date are taken into consideration while preparing the report.

3. Outstanding balances in respect of Debtors, Creditors, Deposits and Advances, are subject to Confirmation and reconciliation thereof from the respective parties.

4. In the opinion of the Board of Directors, save as otherwise stated, the Current Assets, Loans and Advances have been stated at values realizable in the course of business and provision has been made for all known liabilities.

5. In absence of proper information and inadequacy of data of past years, the company is not able to comply with the requirements of AS-22 i.e. "Accounting for Taxes on Income" issued by ICAI relevant to Provision for Deferred Tax while preparing the financial statements for the year.

6. There are some Pending Cases against the company and its Directors which are listed below:

a) The Case No: 705/706/05 was decided in favour of the Company and now the Company has filed a counter claim for compensation for loss of profit and other claim and the matter is pending in the Court.

b) As per the information provided by the management of the Company no other case are pending in the Court.


Mar 31, 2012

1. Statement Pursuant to Part IV of Schedule VI to the Companies Act, 1956.Balance-Sheet abstract and Company''s General Business Profile:

Note 1: As the company has earned a meager amount of profit (loss) out of its operation, Earnings per share has not been calculated.

2. Schedules and notes form an integral part of Accounts and have been duly Authenticated.


Mar 31, 2010

1. Contingent liabilities:Contingent Liabilities, which are not provided, are disclosed by way of notes.

2. Events occurring after the Balance Sheet DaterSignificant events occurring after the Balance Sheet date are taken into consideration.

3. Outstanding balances in respect of Debtors, Creditors, Deposits and Advances, are subject to Confirmation and reconciliation thereof from the respective parties.

4. In the opinion of the Board of Directors, save as otherwise stated, the Current Assets, Loans and Advances have been stated at values realizable in the course of business and provision has been made for all known liabilities.

5. In absence of proper information and inadequacy of data of past years, the company is not able to comply with the requirements of AS-22 i.e. "Accounting for Taxes on Income" issued by ICAI relevant to Provision for Deferred Tax while preparing the financial statements for the year.

6. There are some Pending Cases against the company and its Directors which are listed below:

a) Against the Loan taken from ABAD Co-op Bank of Ahmedabad and the amount involved is Rs. 1,85, 32,801.86/- which has not been accepted by The DRAT and order has been passed by the honorable DRAT vide Case No: 705/706/D5 at DRAT Mumbai.

b) Against Doljo Chem. Pvt Ltd and the amount involved is Rs.5, 11, 323/- vide Case No: 603/ SS05/Mazgaon Court.

7. Schedules and notes form an integral part of Accounts and have been duly Authenticated.


Mar 31, 2009

1. Contingent liabilities:Contingent Liabilities, which are not provided, are disclosed by way of notes.

2. Events occurring after the Balance Sheet Date:Significant events occurring after the Balance Sheet date are taken into consideration.

3. Outstanding balances in respect of Debtors, Creditors, Deposits and Advances, are subject to Confirmation and reconciliation thereof from the respective parties.

4. In the opinion of the Board of Directors, save as otherwise stated, the Current Assets, Loans and Advances have been stated at values realizable in the course of business and provision has been made for all known liabilities.

5. In absence of proper information and inadequacy of data of past years, the company is not able to comply with the requirements of AS-22 i.e. "Accounting for Taxes on Income" issued by ICAI relevant to Provision for Deferred Tax while preparing the financial statements for the year.

6. There are some Pending Cases against the company and its Directors which are listed below:

a) Against the Loan taken from ABAD Co-op Bank of Ahmedabad and the amount involved is Rs. 1,85,32,801.86/- which has not been accepted by The DRAT and order has been passed by the honorable DRAT vide Case No: 705/706/05 at DRAT Mumbai.

b) Against Doljo Chem. Pvt Ltd and the amount involved is Rs.5,11, 323/- vide Case No: 603/ SSOS/Mazgaon Court.

7. Schedules and notes form an integral part of Accounts and have been duly Authenticated.

 
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