Mar 31, 2015
Not available
Mar 31, 2014
1. Contingent Liabilities : Nil
2. The Company has no Subsidiaries.
3. Directors Remuneration: Rs. 96,000/-
4. The Company''s Loans and Advance are other than Hire Purchase
Advances.
5. Auditors Remuneration : Rs. 30,000/- (Last Year: Rs. 70,000/-)
6. Earnings per share:
In determining earnings per share, the company considers the net profit
after tax and includes the past tax effect of any
extraordinary/exceptional item.
13. Dues to micro and small-scale industrial undertakings As at March
31, 2014 as per available information with the company, there are no
dues to small scale Industrial Undertakings.
14. Related party transactions:
As per As-18 issued by The Institute of Chartered Accountants of India,
the disclosures of transactions with the related parties as defined in
the Accounting Standard are NIL.
15. There were no employees in respect of remuneration of Rs.
24,00,000/- or more per annum or Rs. 2,00,000/- or more per month, if
employed for part of the year.
16. Additional information pursuant paragraphs 3, 4C and 4D of part II
of schedule of VI of the companies Act, 1956 is not applicable to the
Company.
17. Financial figures have been rounded off to nearest rupee.
18. Notes 1 to 24 form part of Balance Sheet and have bee
authenticated.
Mar 31, 2012
1. Contingent Liabilities: Nil
2. Directors Remuneration: Rs.3,00,000/- (Last Year: Rs.2,95,000/-)
3. No outstanding amounts payable to micro, small and medium
enterprises.
4. Segment information:
Revenue of the company comes from a single segment of finance and
investment activities, as also economic environment in the whole of
country is one, Segment Reporting as required under Accounting Standard
 17 has not been given.
5. As on 31st March 2012 cumulative provision for Sub Standard and
Doubtful Assets amounted to NIL-. During the year an amount of Rs.-NIL.
6. Auditors Remuneration: Rs.70,000 (Last Year:70,000)
7. Expenditure and Earnings in Foreign Currency : Nil(Previous Year :
Nil)
8. There are no amounts due to be credited to: "Investors Education
and Protection Fund" as on 31st March 2012.
9. Related party transactions:
As per AS-18 issued by the Institute of Chartered Accountants of India,
the disclosures of transactions with the related parties as defined in
the Accounting Standard are NIL
10. Paise have been rounded off to the nearest rupee.
11. Figures for the previous year are regrouped and rearranged,
wherever necessary.
Mar 31, 2011
1. Contingent Liabilities:
There are no Contingent liabilities as on date.
2. Directors Remuneration: 2,95,000/-.
3. The Company's Loans and Advance are other than Hire Purchase
Advances.
4. The Company has no Subsidiaries.
5. Loans due from relatives of Directors: Nil
6. No outstanding amounts payable to micro, small and medium
enterprises.
7. Segment information:
Revenue of the company comes from a single segment of finance and
investment activities, as also economic environment in the whole of
country is one, Segment Reporting as required under Accounting Standard
- 17 has not been given.
8. As on 31st March 2011 cumulative provision for Sub Standard and
Doubtful Assets amounted to NIL-. During the year an amount of Rs.-
NIL.
9. Number of Non Resident Indian Shares Holders : 0
10. Expenditure and Earnings in Foreign Currency : Nil(Previous Year :
Nil)
11. There are no amounts due to be credited to: "Investors Education
and Protection Fund as on 31st March 2011.
12. Related party transactions:
As per AS-18 issued by the Institute of Chartered Accountants of India,
the disclosures of transactions with the related parties as defined in
the Accounting Standard are NIL
13. Poise have been rounded off to the nearest rupee.
14. Figures for the previous year are regrouped and rearranged,
wherever necessary.
Mar 31, 2010
1. The company is engaged in the business of trading in equities and
commodities. Such businesses are not capable of being expressed in any
generic unit. Hence the quantitative details as required under the
Companies Act 1956 have not been furnished.
2. During the year 235300 partly paid equity shares are fully paid up
on receipt of allotment money of Rs. 17,64,750/-.
3. During the year company has purchased 10,000 equity shares of
Rs.10/- each representing 100% of the Equity Share Capital of Harvy
Stock Trade Private Limited for a consideration of Rs. 19,20,000/-. We
were informed that the said value was adopted based on the valuation
reported submitted by Chartered Accountant.
4. Undisputed liability under the Income Tax act 1961 amounting to Rs.
10,000/- pertaining to the year 2002 - 2003 has not been provided for
in the books of accounts of the company
5. Auditors remuneration for the year : Rs.20,000/- (Previous year :
Rs. 10,000/-)
6. Previous years figures have been regrouped and rearranged wherever
necessary.
7. In the opinion of the management all the current assets including
loans and advances would in the normal course of business be realized
at the value stated.
8. Balances appearing under Sundry Debtors, Creditors and loans and
advances are subject to confirmation and or reconciliation, if any.
9. During the year Mr. K Ravi Kumar Director and Company Secretary was
paid a sum of Rs. 1,80,000/- as remuneration.
10. During the year the company has transacted business with Mr.
Hemraj Baid and he is on the board of Century 21st Portfolio Limited
and Harvy Srock Trade Private Limited. The company has also transacted
business with other companies during the year in which Mr. Hemraj Baid
is interested either as a share holder or as a director.
11. During the year the company has forfeited 9,33,500 partly paid
equity shares. Concerned stock exchanges were informed. We were
explained that the entries in the books of accounts would be put
through on reconciliation.