Notes to Accounts of Vax Housing Finance Corporation Ltd.

Mar 31, 2015

Not available

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Mar 31, 2011

1. Contingent Liabilities provided for in the books of accounts NIL.

2. Balance of Sundry Debtors, Creditors, Loans & Advances are subject to confirmation from respective parties and reconciliation, if any. The effect of the same which is not likely to be material will be adjusted at the time of confirmation /reconciliation.

3. There are no claims against the company, which are not acknowledged as debts.

4. There is no quantitative information, which is required to be given under paragraph 3, 4C, and 4D of part II of Schedule VI of the Companies Act, 1956.

5. There was no person employed by the company who was in receipt of remuneration, which in aggregate was not more than Rs. 6,00,000/- per annum if employed through out the year or Rs. 50,000/- per month if employed for a part of the year.

6. Payment to Auditors, include 31/03/2011 31/03/2010 a. Audit Fees, Rs.100000/- Rs. 100000/-

7. Previous year's figures have been regrouped and recast wherever necessary.

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Mar 31, 2009

1. Contingent Liabilities provided for in the books of accounts NIL.

2. Balance of Sundry Debtors, Creditors, Loans & Advances are subject to confirmation from respective parties andreconciliation, if any. The effect of the same which is not likely to be adjusted at the time of confirmation/reconciliation.

3. There are no claims against the company, which are not acknowledged as debts.

4. There is no quantitative informing, which is required to be given under paragraph 3, 4C and 4D of part II of Schedule VI of the Companies Act 1956.

5. There was no person employed by the company who was in receipt of remuneration, which in aggregate was not more than Rs. 6,00,000/- per annum if employe through out the year or Rs.50,000/- per month if employed for a part of the year.

6. Previous years figures have been regrouped and recast whereever necessary.