Mar 31, 2015
1. CORPORATE INFORMATION:
Company Background: The Company was incorporated on March 21, 1995 as
KMF BUILDERS AND DEVELOPERS LIMITED to carry on business in development
and construction of flats.
2 Share Capital
a. Terms/rights attached to equity shares
The company has only one class of equity shares having a par value of
Rs. 5 per share. Each holder of equity shares is entitled to one vote
per share. And Board of Directors did not proposed any dividend for
current financial year. (Previous Year equity shares par value is Rs 5
per share)
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. The distribution will
be in proportion to the number of equity shares held by the
shareholders.
3. Contingent liabilities and commitments (to the extent not provided
for)
Contingent liabilities Nil Nil
Commitments Nil Nil
4. Related party transactions Details of related parties:
Description of relationship Names of related parties
Key Management Personnel (KMP)
Mr. Gorve Chadha Managing Director
Mr. Pradeep Kumar Malik Whole Time Director
Mr. Shyam Sunder Mittra Director
Mr.Anil Rishiraj Director
Mrs. Kavita Chadha Director
Mr. Ravinder Kumar Sharma Director
Mrs. Megha Bata Company Secretary
Company in which KMP / Relatives of KMP can exercise significant
influence nil Note: Related parties have been identified by the
Management.
5. Previous year's figures have been regrouped / reclassified
wherever necessary to correspond with the current year's classification
/ disclosure.
Mar 31, 2014
CORPORATE INFORMATION:
Company Background: The Company was incorporated on March 21, 1995 as
KMF BUILDERS AND DEVELOPERS LIMITED to carry on business in development
and construction of flats.
Mar 31, 2010
1. Contingent Liabilities Not
Provided For in Respect of
Current year Previous year
(Rs) (Rs)
a) Guarantees issued by the
Companys Bankers and
counter guarantees issued by
the Company NIL NIL
4 a) Provision for Income tax and Wealth tax in the accounts for the
Financial year ending 31st march, is made on the basis of taxable
profits/wealth as defined under the Income Act, 1961 & the Wealth Tax
Act respectively.
b) Provision for income tax Rs.20,60,000/-(Previous Year Rs 19,000/-
and wealth tax is Nil (Previous year Rs.Nil).
c) Provision for Fringe Benefit Tax is Rs NIL (Previous Year Rs.
61203/-)
5. Derivatives:
The Company has not entered into any derivative contracts during the
year under review.
6. Sundry Creditors disclosure - Dues to Micro Small Enterprises -
The Principal amount and the interest due thereon remaining unpaid to
any supplier as at March 31, 2010: Rs. NIL
The above information regarding Micro, Small and Medium Enterprises has
been determined to the extent such parties have been identified on the
basis of information available with the Company.
7. Balance standing to the debit and credit of loans and advances,
Banks and other parties are subject to confirmation and reconciliation.
8. In the opinion of the Board the value on realisation of Current
Assets, Loans and Advances in the ordinary course of business shall not
be less than the amount at which they are stated in the Balance Sheet
and provision for known liabilities have made and contingent
liabilities disclosed properly.
9. Work- in -progress includes materials issued for construction
valued at cost.
10. Related parties transactions:
a) None of related parties having transactions with the company during
the year 2009-10 2008-09
i) Associate ii) Associate
M/S. KMF Ltd. M/S KMF Ltd.
M/S. KMF Securities Ltd. M/S KMF Securities Ltd.
M/S. Manu Investment Ltd. M/S Manu Investment Ltd.
ii) Key Management personnel ii) Key Management personnel
Mr. P.K. Malik, Mr. P.K.Malik
(Whole time Director) (Whole time Director)
b) Transactions with related parties during the year ended 31st March,
2009. Transaction Association Key Management personal
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article