Mar 31, 2018
1 RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD - 18
Related Parties Nil
Key Managerial Personnel
Mrs. Shruti Raghav Jindal, Wholetime Director Mr. Rajender Singh, CFO Mrs. Sandhya Tiwari, C.S.
2 SEGMENT REPORTING
The Company is primarily engaged in Investment in shares and securities and financing which are not separate reportable segment as per Accounting Standard - 17 of The Institute of Chartered Accountants of India. Hence there is no separate segment-wise report to be furnished.
3 RESERVE BANK OF INDIA REGISTERED NON BANKING FINANCE COMPANY
The company is registerd as Non Banking Finance Company with Reserve Bank of India vide Registration no. N-13.02048 dated 15.07.2013 and has been complying with prudential norms as prescribed by RBI for NBFC.
Additional particulars as required under â Non- Systematically Important Non-Banking Financial (Non-Deposit Accepting or Holding ) Companies Prudential Norms (Reserve Bank) Directions, 2015 are attached , under Separate Annexure - I.
4 Previous years figures have been regrouped / rearranged wherever necessary to conform to the reclassification as per Revised - Schedule-III and make them comparable with current year.
Signatures to Accompanying Notes forming an integral part of the Financial Statements.
Mar 31, 2015
Year Ended Year Ended
31.03.2015 31.03.2014
(Rs) (Rs.)
1. CONTINGENT PROVISION AGAINST STANDARD ASSETS
Opening Balance 126,420 77,000
Add During the Year 40,260 49,420
Closing Balance 166,680 126,420
The Reserve Bank of India has notified vide its Notification No
DNBS.222/CGM(US)-2011dated 17th January, 2011 to make a provision on
0.25% on the standard assets.
2. RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD - 18
Related Parties with whom Transaction have taken place during the Year
a. Associate Company
Maharashtra Seamless Limited
Sudha Apparels Limited
Global Jindal Fin-invest Limited
Stable Trading Co. Limited
b. Key Managerial Personnel
Ms. Shruti Raghav Jindal, Wholetime Director from 1.07.2014
Mr. Sudhir Kumar Singhal up to 30.06.2014
Ms. Dipika Gupta, CFO
Mr. Tarun Dua, C.S.
3. SEGMENT REPORTING
The Company is primarily engaged in Investment in shares and securities
and financing which are not separate reportable segment as per
Accounting Standard - 17 of The Institute of Chartered Accountants of
India. Hence there is no separate segment-wise report to be furnished.
4. RESERVE BANK OF INDIA REGISTERED NON BANKING FINANCE COMPANY
The company is registerd as Non Banking Finance Company with Reserve
Bank of India vide Registration no. 13.02048 dated 15.07.2013 and has
been complying with prudential norms as prescribed by RBI for NBFC.
Schedule to the Balance Sheet of a non-deposit taking non-banking
financial company as required in terms of paragraph 13 of
Non-Systemically Important Non-Banking Financial (Non-Deposit Accepting
or Holding) Companies Prudential Norms (Reserve bank) Directions, 2015
separately attached as Annexure - I.
5. Previous years figures have been regrouped / rearranged wherever
necessary to conform to the reclassification as per Revised -
Schedule-VI and make them comparable with current year.
Signatures to Accompanying Notes forming an integral part of the
Financial Statements.
Mar 31, 2014
1 RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD - 18 Related
Parties with whom Transaction have taken place during the Year
a. Associated Companies
Maharashtra Seamless Limited Sudha Apparels Limited Global Jindal
Fin-invest Limited Stable Trading Co. Limited
b. Key Managerial Personnel
Shri Sudhir Kumar Singhal
2 SEGMENT REPORTING
The Company is primarily engaged in Investment in shares and securities
and financing which are not separate reportable segment as per
Accounting Standard - 17 of The Institute of Chartered Accountants of
India. Hence there is no separate segment-wise report to be furnished.
3 RESERVE BANK OF INDIA REGISTERED NON BANKING FINANCE COMPANY
The company is registerd as Non Banking Finance Company with Reserve
Bank of India vide Registration no. N-14.03168 dated 12.11.2008 and
has been complying with prudential norms as prescribed by RBI for
NBFCs. Schedule to the Balance Sheet of a non-deposit taking
non-banking financial company as required in terms of paragraph 13 of
Non-Deposit Accepting or Holding Companies Prudential Norms (Reserve
bank) Directions, 2007 separately attached as Annexure - I.
4 Previous years figures have been regrouped / rearranged wherever
necessary to conform to the reclassification as per Revised
-Schedule-VI and make them comparable with current year.
Signatures to Accompanying Notes forming an integral part of the
Financial Statements.
Mar 31, 2013
1 RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD -18
Related Parties with whom Transaction have taken place during the Year
a. Associated Companies
Maharashtra Seamless Limited Sudha Apparels Limited Global Jindal
Fin-invest Limited Stable Trading Co. Limited
b. Key Managerial Personnel
Shri Sudhir Kumar Singhal
2 SEGMENT REPORTING
The Company is primarily engaged in Investment in shares and securities
and financing which are not separate reportable segment as per
Accounting Standard - 17 of The Institute of Chartered Accountants of
India. Hence there is no separate segment-wise report to be furnished.
3 During the year Company Registered Office has been shiffted from
State of Haryana to State of Maharashtra.
4 RESERVE BANK OF INDIA REGISTERED NON BANKING FINANCE COMPANY
The company is registerd as Non Banking Finance Company with Reserve
Bank of India vide Registration no. N- 14.03168 dated 12.11.2008 and
has been complying with prudential norms as prescribed by RBI for
NBFCs. Schedule to the Balance Sheet of a non-deposit taking
non-banking financial company as required in terms of paragraph 13 of
Non-Deposit Accepting or Holding Companies Prudential Norms (Reserve
bank) Directions, 2007 separately attached as Annexure -1.
5 Previous years figures have been regrouped / rearranged wherever
necessary to conform to the reclassification as per Revised
-Schedule-VI and make them comparable with current year.
Signatures to Accompanying Notes forming an integral part of the
Financial Statements.
Mar 31, 2012
YEAR ENDED YEAR ENDED
31.03.2012 31.03.2011
(Rs.) (Rs.)
1 CONTINGENT LIABILITIES
Income tax demand disputed with
Appellate Authority for the
Assessment Year 2008-09 29,900 -
Less - Amount already paid 29,900 -
- -
2 RELATED PARTY DISCLOSURE AS PER ACCOUNTING STANDARD - 18
Related Parties with whom Transaction have taken place during the Year
a. Associated Companies Maharashtra Seamless Limited Sudha Apparels
Limited Global Jindal Fin-invest Limited
b. Key Managerial Personnel
Shri Sudhir Kumar Singhal
3 SEGMENT REPORTING
The company is primarily engaged in Investment in shares and securities
and financing which are not separate reportable segment as per
Accounting Standard - 17 of The Institute of Chartered Accountants of
India. Hence there is no separate segment-wise report to be furnished.
4 RESERVE BANK OF INDIA REGISTERED NON BANKING FINANCE COMPANY
The company is registerd as Non Banking Finance Company with Reserve
Bank of India vide Registration no. N-14.03168 dated 12.11.2008 and
has been complying with prudential norms as prescribed by RBI for NBFC.
Schedule to the Balance Sheet of a non-deposit taking non-banking
financial company as required in terms of paragraph 13 of Non-Deposit
Accepting or Holding Companies Prudential Norms (Reserve bank)
Directions, 2007 separately attached as Annexure - I.
5 Previous years figures have been regrouped / rearranged where ever
necessary to conform to the reclassification as per Revised -
Schedule-VI and make them comparable with current year.
Mar 31, 2010
1. Contingent Liability :
Income Tax demand (disputed in appeals) for the A.Y. 2006-07 amount
Rs.31,990/- (Previous year Rs. 10,747/-).
2. Amount due to Micro Small & Medium Enterprises Suppliers (MSMES) is
Nil (Previous year Nil). No amount was due to any small sector unit.
3. In the opinion of the management and to the best of their knowledge
and belief, the value of current assets, loans and advances, if
realised in the ordinary course of business would not be less than the
amount at which they are stated in the Balance Sheet.
4. Amount due for deposit in Investor Education & Protection Fund as
on 31.03.2010 is Nil (Previous Year Nil).
5. Employees benefits provided to employees has been classified as
under:
The two plans of the Company namely for Gratuity and Leave Encashment
are unfunded. Any amount paid and provided for gratuity and leave
encashment are adjusted to profit & loss account. Liability is
ascertained at the end of each financial year and the increase /
decrease in the amount of liability is adjusted in the profit & loss
account. Liability of Gratuity payable to an employee is equal to 15
days salary based on the last drawn salary for every completed year of
service or part thereof in excess of six months. Salary for a day is
calculated by dividing the salary last drawn by 26 (being the number of
working days in a month). During the year Rs. 40,038/- (Previous Year
Rs. 23,519/-) has been adjusted to the profit and loss account on
account of variation in liability for Gratuity at year end. No amount
was paid as Gratuity during the year. Liability of Leave Encashment
payable to an employee is equal to salary for earned leaves to the
credit of employee based on the salary last drawn. Salary for a day is
calculated by dividing the salary last drawn by 26 (being the number of
working days in a month). During the year Rs. 11,737/- (Previous Year
Nil) was paid as leave encashment to the employee and Rs. 5,169/-
(Previous Year Rs. 8,836/-) has been adjusted to the profit and loss
account on account of variation in liability for leave encashment at
year end.
6. The Company is registered as Non Banking Financial Company with the
Reserve Bank of India vide Registration no. N-14.03168 dated
12.11.2008 and has been complying with prudential norms as prescribed
by RBI for NBFC.
7. The necessary formalities in respect of change of name / mutation
of land of casinvest division of Jindal Drilling & Industries Limited
in favour of Haryana Capfin Limited pending in the Revenue records of
Land Authorities, is under progress. However, the legal rights of these
properties vest in Haryana Capfin Limited as per approved scheme of
arrangement by operation of Statute viz. Sections 391 to 392 of the
Companies Act, 1956.
8. Other additional Information pursuant to part IV of Schedule VI to
the Companies Act, 1956 - Nil (Previous year Nil)
9. Figures have been rounded off to the nearest rupees.
10. Previous years figures have been re-grouped / re-arranged
wherever considered necessary.