Notes to Accounts of Veerhealth Care Ltd.

Mar 31, 2015

1 a) Employees Retirement Benefits:

As required by the mandatory accounting standard -15 regarding "Accounting for Retirement Benefits in the Financial Statements of Employer", the Company has provided the liability as per the report of actuary valuation as on 31st March, 2014.

2 There are no pending capital commitments.

3 Contingent Liabilities

There are no contingent liabilities as on the date of the balance sheet.

4 The Company has no liability under Micro, Small and Medium Enterprises Development Act,2006 ( the Act) and hence disclosure regarding:

(a) Amount due and outstanding to suppliers as the end of accounting year;

(b) Interest paid during the year;

(c) Interest payable at the end of the accounting year, and

(d) Interest accrued and unpaid at the end of the accounting year, has not been provided.

5 The Company has diversified its operation in manufacturing of Ayurvedic products and has started its manufacturing during the year.

6 Previous year figures have been regrouped & rearranged wherever necessary.

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Mar 31, 2013

1 There are no pending capital commitments.

2 Contingent Liabilities

There are no contingent liabilities as on the date of the balance sheet.

3 The Company has no liability under Micro, Small and Medium Enterprises Development Act,2006 ( the Act) and hence disclosure regarding:

(a) Amount due and outstanding to suppliers as the end of accounting year;

(b) Interest paid during the year;

(c ) Interest payable at the end of the accounting year, and (d) Interest accrued and unpaid at the end of the accounting year, has not been provided.

4 The Company is required to appoint a whole time Company Secretary as per the requirements of Secion 383A of the Companies Act, 1956. The Company has advertised for the proper candidate, but could not get proper candidate, hence Company is getting work done from Practicing Company Secretary on consulting basis. The Company is in process trying to appoint a whole time Company Secretary.

5 During the year under report, the Company has made a preferential issue of 32000000 equity shares of the face value of Rs.1/- @ premium of Rs. 1.25 for the expansion and diversification

6 Previous year figures have been regrouped & rearranged wherever necessary.

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Mar 31, 2012

1 a) Employees Retirement Benefits:

As required by the mandatory accounting standard -15 regarding "Accounting for Retirement Benefits in the Financial Statements of Employer" . As the liability is negligible, the Company has not provided any liability at present and shall be provided cash basis.

2 Segment Reporting as required by Accounting Standard 17

The present 100% sale belongs to Trading in Shares and Securities

3 There are no pending capital commitments.

4 Contingent Liabilities

There are no contingent liabilities as on the date of the balance sheet.

5 The Company has no liability under Micro, Small and Medium Enterprises Development Act,2006 (the act ) and hence disclosure regarding:

(a) Amount due and outstanding to suppliers as the end of accounting year;

(b) Interest paid during the year;

(c ) Interest payable at the end of the accounting year, and

(d) Interest accrued and unpaid at the end of the accounting year, has not been provided.

6 Previous year figures have been regrouped & rearranged wherever necessary.

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Mar 31, 2011

1. CONTINGENT LIABILITIES: Nil

2. SEGMENT REPORTING AS REQUIRED BY ACCOUNTING STANDARD 17: There are no reportable segments, as the entire operation of the Company relates to major segments trading in shares & securities.

3. DEFERRED TAX:

The Company has provided for the Deferred Tax Liabilities of Rs. 15453/- on account of the difference in the value of the fixed assets as per books and as per Income Tax. in accordance with Accounting Standard-22 on " Accounting for Taxes on Income" issued by The Institute of the Chartered Accountants of India.

4. RELATED PARTIES DISCLOSURE IN ACCORDANCE WITH THE ACCOUNTING STANDARD 18

List of the related parties: Enterprise owned or significantly controlled by the Present Directors of the Company:

1. M/s. Nutan Plastic Works Jayant S. Shah

2. M/s. Rishabh Fin Trade Ltd. Jayant S. Shah

3. Tarpan Finance & Investments Pvt. Ltd. Jayant S. Shah

4. M/s. Ravindra Joshi Ravindra Joshi

5. M/s. Arvind Shah & Co. Arvind M. Shah

The name of the Company - Other Directorship Directors Interested

6. Pan India Drugs & Chemicals Ltd. Akshay B. Shah

7. Veer Energy & Infrastructure Ltd. Yogesh M. Shah

Arvind M. Shah

8. Elecon Wind farm Developers (Mota Gunda-Vinzalpur) Ltd. Yogesh M. Shah

9. Summer Holdings Pvt. Ltd. Ravindra Joshi

Transaction with related parties:

Nature of transaction Transaction with Amount Rs

No transaction recorded during the year.

5. a)Employees retirement benefits: As required by the mandatory accounting standard – 15 regarding "Accounting for Retirement Benefits in the Financial Statements of Employer". The Company has not provided the Gratuity but shall be accounted for on cash basis.

6. Additional information pursuant to Para. 3 & 4C & 4D of the Part II of Schedule VI of the Companies Act,1956.(As certified by the management)

7. In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business. Balances reflects in accounts under Sundry Creditors, Sundry Debtors and Loans & Advances accounts are subject to confirmation or reconciliations, if any.

SCHEDULE 17: NOTES FORMING PARTS OF THE ACCOUNTS

8. As per the information given by the management, and verification of the records, there are no Micro, Small and Medium Enterprises to whom the Company owes dues, which are outstanding for more than 45 days as at 31st March, 2011. This information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 has been determined to the extent such parties have been identified on the basis of information available with the Company.

9. In respect to Calls in Arrears, no details are available regarding number of shares.

10. Previous year figures have been regrouped & re arranged wherever necessary

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Mar 31, 2010

1) CONTINGENT LIABILITIES:

There are no contingent liabilities as on the date of the balance sheet.

2) SEGMENT REPORTING AS REQUIRED BY ACCOUNTING STANDARD 17 There are no reportable segment, as the entire operation of the Company relates to major segments trading in shares & securities.

3) DEFERRED TAX: The Company has not recognize the Deferred Tax Assets on account of carried forward unabsorbed depreciation as a matter of prudence in accordance with Accounting Standard-22 on “ Accounting for Taxes on Income” issued by The Institute of the Chartered Accountants of India.Net Deferred Tax Assets is worked out to Rs. 585118/-

4) RELATED PARTIES DISCLOSURE IN ACCORDANCE WITH THE ACCOUNTING STANDARD 18

LIST OF THE RELATED PARTIES: ENTERPRISE OWNED OR SIGNIFICANTLY CONTROLLED BY THE

5) Employees retirement benefits: As required by the mandatory accounting standard – 15 regarding " Accounting for Retirement Benefits in the Financial Statements of Employer". The Company has not provided the Gratuity but shall be accounted for on cash basis.

6) The Assets on Lease is non performing assets: The Company has taken legal action, hence it has not been written off as required by Accounting Standard 28 “Impairment of Assets “. For Own Assets- Wind Turbine Generator, the matter is pending with the Court. But the Company has not recognized the expenses for the difference in carrying amount of the fixed assets as required by Accounting Standard – 28 “Impairment of Assets” because the exact amount can not be quantified. Once the matter is sorted out by the court, the Company will make entries for the writing off the assets in the books.

7) Additional information pursuant to para. 3 & 4C & 4D of the Part II of Schedule VI of the Companies Act,1956.(As certified by the management)

8) (i) Details of Capacity & Production

9) In the opinion of the Board, Current Assets, Loans and Advances are approximately of the value stated if realized in the ordinary course of business.

10) The Company has not received any information from the suppliers regarding status under the Micro, Small and Medium Enterprises Development Act, 2006 (the act) and hence disclosure regarding:

(i) Amount due and outstanding to suppliers as the end of accounting year

(ii) Interest paid during the year

(iii) Interest payable at the end of the accounting year, and

(iv) Interest accrued and unpaid at the end of the accounting year, has not been provided

The Company is making efforts to get the confirmations from the suppliers as regards their status under the Act.

11) Previous year figures have been regrouped & re arranged wherever necessary