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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.


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.


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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