Mar 31, 2015
NOTE NO. 1 - TRADE PAYABLES
The Company does not have in its records any intimation from suppliers
regarding their status under Micro, Small and Medium Enterprises
Development Act, 2006 and hence disclosure, if any, relating to amounts
unpaid at the year end together with interest paid/payable as required
under the said Act have not been furnished.
NOTE NO. 2 - RELATED PARTY DISCLOSURE:
a) List of Related Parties where control exists and related parties
with whom transaction have taken place and relationships:
i) Holding Company
Awaita Properties Pvt. Ltd
ii) Subsidiary Company
KLG Stock Brokers Pvt. Ltd
iii) Key Management Personnel
Milan Lalit Mandani, Manager
Mitul Shah, Chief Financial Officer (From November 13, 2014 to May
25,2015)
Nishita M. Nagrecha, Company Secretary (Appointed on November 13, 2014)
NOTE NO. 3 - DIRECTOR'S REMUNERATION
No remuneration has been paid to any of the Directors.
NOTE NO. 4 - FOREIGN CURRENCY TRANSACTIONS
There is no income or expenditure in foreign currency during the year.
NOTE NO. 5
Company has policy of making provision for retirement benefits as and
when the liability arises.
NOTE NO. 6
a. Figures are rounded off to nearest rupees.
b. In the opinion of the Management current assets, advances are
approximately of the value stated, if realized in the ordinary course
of business, except otherwise stated.
c. Previous year figures have been regrouped or rearranged, wherever
necessary.
Mar 31, 2014
NOTE NO. 1 - TRADE PAYABLES
The Company does not have in its records any intimation from suppliers
regarding their status under Micro, Small and Medium Enterprises
Development Act, 2006 and hence disclosure, if any, relating to amounts
unpaid at the year end together with interest paid/payable as required
under the said Act have not been furnished.
NOTE NO. 2 - SHORT-TERM LOANS AND ADVANCES
(b) Loans and Advances and Deposits to Related Parties
Deposit of Rs. 4,000,000 against use of Office Premises has been made
to Awaita Properties Pvt Ltd, Holding Company.
NOTE NO. 3 - RELATED PARTY DISCLOSURE:
a) List of Related Parties where control exists and related parties
with whom transaction have taken place and relationships:
i) Holding Company Awaita Properties Pvt. Ltd
ii) Subsidiary Company
KLG Stock Brokers Pvt. Ltd
iii) Key Management Personnel Hemendra Singh (upto February 11,2014)
Milan Lalit Mandani (w.e.f. February 12, 2014)
Nikhil P. Gandhi
NOTE NO. 4 - DIRECTOR''S REMUNERATION
No remuneration has been paid to any of the Directors except for the
sitting fees.
NOTE NO. 5 - FOREIGN CURRENCY TRANSACTIONS
There is no income or expenditure in foreign currency during the year.
NOTE NO. 6
Company has policy of making provision for retirement benefits as and
when the liability arises.
NOTE NO. 7
a. Figures are rounded off to nearest rupees.
b. In the opinion of the Management current assets, advances are
approximately of the value stated, if realized in the ordinary course
of business, except otherwise stated.
c. Previous year figures have been regrouped or rearranged, wherever
necessary.
Mar 31, 2013
NOTE NO. 1 - RELATED PARTY DISCLOSURE: (AS IDENTIFIED BY THE
MANAGEMENT)
a) List of Related Parties
i) Major Shareholder having control over the Company : Awaita
Properties Pvt. Ltd.
ii) Subsidiary : KLG Stock Brokers Pvt. Ltd.
iii) Key Management Personnel : Hemendra Singh (Whole-time Director)
iv) Companies under Common Control : Awaita Properties Pvt. Ltd.
NOTE NO. 2 - DIRECTOR''S REMUNERATION
No remuneration has been paid to any of the Directors.
NOTE NO. 3 - FOREIGN CURRENCY TRANSACTIONS
There is no income or expenditure in foreign currency during the year.
NOTE NO. 4
Company has policy of making provision for retirement benefits as and
when the liability arises.
NOTE NO. 5
a. Figures are rounded off to nearest rupees.
b. In the opinion of the Management current assets, advances are
approximately of the value stated, if realized in the ordinary course
of business, except otherwise stated.
c. Previous year figures have been regrouped or rearranged, wherever
necessary.
Mar 31, 2012
NOTE NO. 1 - DIRECTOR'S REMUNERATION
No remuneration has been paid to any of the Directors.
NOTE NO. 2 - FOREIGN CURRENCY TRANSACTIONS
There is no income or expenditure in foreign currency during the year.
NOTE NO. 3
Company has policy of making provision for retirement benefits as and
when the liability arises.
NOTE NO. 4
a. Figures are rounded off to nearest rupees.
b. In the opinion of the Management current assets, advances are
approximately of the value stated, if realized, in the ordinary course
of business, except otherwise stated.
c. Previous year figures have been regrouped or rearranged wherever
necessary.
Mar 31, 2010
A. Previous year figures have been regrouped or rearranged wherever
necessary.
b. Figures are rounded of to nearest rupees.
c. In the opinion of the Management current assets, advances are
approximately of the value stated if realized in the ordinary course of
business except otherwise stated.
d. Related Party Disclosure :(As Identified By Management) List of
Related Parties
01. Major Shareholder having control over the company Awaita
Properties Pvt. Ltd.
02. Key Management Personal Hemendra Singh (Whole-time Director)
03. Companies under Common Control Awaita Properties Pvt. Ltd.
f. Directors Remuneration :- No remuneration has been paid to any of
the Directors.
g. Foreign Currency Transactions :- There is no income or expenditure
in foreign currency during the year.
h. The Company doses not have on its records any intimation from
suppliers regarding their status under Micro, Small and Medium
Enterprises Development Act, 2006 and hence disclosure, if any relating
to amounts unpaid at the year and together with interest paid /payable
as required under the said act have not been furnished.
j. Management has policy of making provision of leave encashment on
accrual basis as per AS 15 regarding Retirement benfits.
k. As there is no element creating temporary difference in liability of
tax as per Income tax Act, 1961 and as per Companies Act, 1956, the
Deferred Tax calculation as per AS 22 Accounting for Taxes on Income
is not applicable.
CALENDAR OF EVENTS
Sr.
No Particulars Date
1 Date on which Consent given by the scrutinizer
to act as a Scrutinizer 20/05/2010
2 Date of Board Resolution authorizing Whole Time
Director, and Company Secretary to be 20/05/2010
responsible for the entire Postal Ballot process
3. Date of Appointment of Scrutinizer. 20/05/2010
4. Filing of intimation of the Board resolution and
Calendar of events for conducting postal 26/05/2010
ballot to the registrar of companies
5. Date of dispatch of notice of meeting in which
the business as Notified will be transacted 12/06/2010
through postal ballot.
6. Date of Completion of dispatch of notice along
with postal ballot 15/06/2010
7. Publication of notice in newspaper for postal
ballot process and appointment of scrutinizer 17/06/2010
and Compliance Officer
8. Last date for receiving postal ballot paper
by scrutinizer 16/07/2010
9. Date of declaration of the result 21/07/2010
10. Date of signing of the minutes in which the
result of postal ballot is recorded. 26/07/2010
11. Date of handing over the postal ballot papers,
register required to be maintained by the 26/07/2010
scrutinizer and other related papers to the
Chairman by the scrutinizer.