Mar 31, 2015
(1) Term/Right attached to Equity Shares
The company has only one class of equity shares having a par value of
Rs.10/- per share. Each holder of equity shares is entitled to one
vote per share. The dividend if any, proposed by the Board of Director
is subject to the approval of the shareholders in the annual general
meeting. However, no dividend has been proposed for the year.
In the event of liquidation of the company the holders of equity
shares will be entitled to receive remaining assets of the company
after distribution of all preferential amounts. However, no
preferential amounts exists currently. The distribution will be in
proportion to the number of the equity shares held by the shareholders
(2) The company does not have any Holding company.
Mar 31, 2014
1. Corporate information
Yogi Infra Projects Ltd. is a public company domiciled in India and
incorporated under the provisions of the Companies Act, 1956.
NOTE 2 : SHARE CAPITAL
(a) Term/Right attached to Equity Shares
The company has only one class of equity shares having a par value of
Rs. 10/- per share. Each holder of equity shares is entitled to one
vote per share. The dividend if any, proposed by the Board of Director
is subject to the approval of the shareholders in the annual general
meeting. However, no dividend has been proposed for the year.
In the event of liquidation of the company the holders of equity shares
will be entitled to receive remaining assets of the company after
distribution of all preferential amounts. However, no preferential
amount exists currently.
The distribution will be in proportion to the number of the equity
shares held by the shareholders
(b) The company does not have any Holding company.
Mar 31, 2013
(a) Term/Right attached to Equity Shares
The Company has only one class of equity shares having a par value of
Rs.10/- per share. Each holder of equity shares is entitled to one vote
per share. The dividend if any, proposed by the Board of Director is
subject to the approval of the shareholders in the annual general
meeting. However, no dividend has been proposed for the year.
In the event of liquidation of the Company the holders of equity shares
will be entitled to receive remaining assets of the Company after
distribution of all preferential amounts. However, no preferential
amount exists currently.
The distribution will be in proportion to the number of the equity
shares held by the shareholders
(b) The Company does not have any Holding Company.
(c) Amount of Un-Paid Calls by:-
Mar 31, 2012
Corporate information
Yogi Infra Projects Ltd. is a public company domiciled in India and
incorporated under the provisions of the Companies Act, 1956.
(a) Term/Right attached to Equity Shares
The company has only one class of equity shares having a par value of
Rs.10/- per share. Each holder of equity shares Is entitled to one vote
per share. The dividend if any, proposed by the Board of Director is
subject to the approval of the shareholders in the annual general
meeting. However, no dividend has been proposed for the year.
In the event of liquidation of the company the holders of equity shares
will be entitled to receive remaining assets of the company after
distribution of all preferential amounts.However, no preferential
amounts exists currently.
The distribution will be in proportion to the number of the equity
shares held by the shareholders
Mar 31, 2011
1. Previous year's Figures:
The Previous year's figures have been recast / restated, wherever
necessary to confirm to current period classification.
2. Share Capital:
The Company has at present, only one class of shares i.e. Equity
Shares.
3. Fixed Assets :
The company does not have any Fixed Assets.
4. Loans and Advances :
Advances recoverable in cash, kind or value to be received are
primarily towards prepayments for value to be received. Advance income
tax represents tax deducted at source. Advances amounting to Rs.759.94
Lakhs paid to various parties are towards the purchase of Land and
Plots, required for the infrastructure and land development activities
to be carried out by the Company and Company is yet to enter into
agreement with the parties concerned.
5. Treatment of Contingent Liabilities :
Contingent Liabilities are disclosed by way of note to the Balance
Sheet, Provision is made in accounts for those liabilities which are
likely to materialize after the period end and having effect on the
position stated in the Balance Sheet as at the period end.
6. Foreign Exchange : NIL
7. Contingent liabilities which can be reasonably ascertained are
provided for, if in the opinion of the company the future outcome may
be detrimental to the company.
8. The Provisions of Gratuity, as explained to us, will be provided in
respect of Employees as and when they become eligible under the payment
of Gratuity Act, 1972.
9. The Balance of Sundry Debtors, Advances, bank balances and Current
Liabilities are subject to confirmation from parties.
10. In the Opinion of the Board, the Current Assets, Loans and
Advances have a value on realization in the ordinary course of business
at least equal to the amount at which they are stated in the financial
statement.
11. No revaluation of fixed assets has been made since the date of
incorporation of the Company.
12. There were no manufacturing activities of the Company during the
period 2010-11.
13. In the opinion of the Management, the Provident Fund and ESI Acts
are not yet applicable to the Company.
14. No Provisions has been made in respect of leave encashment and
leave travel allowances.
15. Closing Stock of Equity Shares as on 31st March, 2011 are being
valued at cost or market value, which ever is lower.
16. Segment Reporting :
The Segment wise details as per Accounting Standard 17 are not
applicable as there are no separate segments.
17. Inventories.
Inventories are valued at the lower of cost and net realizable value.
Cost is determined on a first in first out basis and includes all
applicable overheads in bringing the inventories to their present
location and condition. Excise Duty arising on finished goods and
Customs Duty on imported raw materials in stock (excluding stocks in
the bonded warehouse) is treated as part of the cost of inventories
18. Borrowing Costs.
Borrowing costs that are attributable to the acquisition and
construction of qualifying assets are capitalized as a part of the cost
of the assets. Other borrowing costs are recognized as an expense in
the year in which they are incurred.
19. Deferred Tax
Pursuant to the Accounting Standard (AS-22) on "Accounting for Taxes on
Income" issued by the Institute of Chartered Accountants of India
having been made mandatory, the Company has valued the various elements
of tax computation to determine whether any deferred tax asset or
liability needs to be recognized. In our opinion there are no deferred
tax assets or liability.
20. Related Party Disclosures
Related Party Disclosure as required by AS-18 "Related Party
Disclosure" are given below:
a. Individuals owing directly or indirectly an interest in the voting
power that gives them control or significant influence : NONE
b. Key Management Personnel :
Bharath Phalanetra - Whole time Director
c. Related Parties and nature of Relationship : Associate Concerns
22. The additional information pursuant to Schedule VI Part II of The
Companies Act, 1956 are not applicable to the Company.
Mar 31, 2010
1. Previous years Figures:
The Previous years figures have been recast / restated, wherever
necessary to confirm to current period classification.
2. Share Capital:
The Company has at present, only one class of shares i.e. Equity
Shares.
3. Fixed Assets:
The company does not have any Fixed Assets.
4. Loans and Advances:
Advances recoverable in cash, kind or value to be received are
primarily towards prepayments for value to be received. Advance income
tax represents payments made towards tax deducted at source. Advances
amounting to Rs.698.55 Lakhs paid to various parties are towards the
purchase of Land and Plots, required for the infrastructure and land
development activities to be carried out by the Company and Company is
yet to enter into agreement with the parties concerned.
5. Treatment of Contingent Liabilities:
Contingent Liabilities are disclosed by way of note to the Balance
Sheet, Provision is made in accounts for those liabilities which are
likely to materialize after the period end and having effect on the
position stated in the Balance Sheet as at the period end.
6. Foreign Exchange: NIL
7. Expenditure on employees in respect of salary not less then Rs.
6,00,000/- per year or Rs. 50,000/- per month when employed for the
part of the year Rs. NIL.
8. Contingent liabilities which can be reasonably ascertained are
provided for, if in the opinion of the company the future outcome may
be detrimental to the company.
9. The Provisions of Gratuity, as explained to us, will be provided in
respect of Employees as and when they become eligible under the payment
of Gratuity Act, 1972.
10. The Balance of Sundry Debtors, Advances, bank balances and Current
Liabilities are subject to confirmation from parties.
11. In the Opinion of the Board, the Current Assets, Loans and
Advances have a value on realization in the ordinary course of business
at least equal to the amount at which they are stated in the financial
statement.
12. No revaluation of fixed assets has been made since the date of
incorporation of the Company.
13. There were no manufacturing activities of the Company during the
period 2009-2010.
14. In the opinion of the Management, the Provident Fund and ESI Acts
are not yet applicable to the Company.
15. No Provisions has been made in respect of Gratuity, leave
encashment and leave travel allowances.
16. Closing Stock of Equity Shares as on 31st March, 2010 are being
valued at cost or market value, which ever is lower.
17. Segment Reporting:
The Segment wise details as per Accounting Standard 17 are not
applicable as there are no separate segments.
18. Fixed Assets The company does not have any fixed assets.
19. Inventories.
Inventories are valued at the lower of cost and net realizable value.
Cost is determined on a first in first out basis and includes all
applicable overheads in bringing the inventories to their present
location and condition. Excise Duty arising on finished goods and
Customs Duty on imported raw materials in stock (excluding stocks in
the bonded warehouse) is treated as part of the cost of inventories
20. Borrowing Costs.
Borrowing costs that are attributable to the acquisition and
construction of qualifying assets are capitalized as a part of the cost
of the assets.
Other borrowing costs are recognized as an expense in the year in which
they are incurred.
21. Deferred Tax
Pursuant to the Accounting Standard (AS-22) on "Accounting for Taxes on
Income" issued by the Institute of Chartered Accountants of India
having been made mandatory, the Company has valued the various elements
of tax computation to determine whether any deferred tax asset or
liability needs to be recognized. In our opinion there are no deferred
tax assets or liability
23. Related Party Disclosures
Related Party Disclosure as required by AS-18 "Related Party
Disclosure" are given below:
a. Individuals owing directly or indirectly an interest in the voting
power that gives them control or significant influence: NONE
b. Key Management Personnel:
Bharath Phalanetra - Whole time Director
c. Related Parties and nature of Relationship : Associate Concerns
Sl. No. Category Name of the concern
1 Associate Kr anion Technologies Pvt. Ltd.
25. The additional information pursuant to Schedule VI Part II of The
Companies Act, 1956 are not applicable to the Company.
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