Mar 31, 2014
1. Corporate Information
Parth AUuminium Limited is a limited company domiciled in India and
incorporated under the provisions of Companies Act, 1956. The Company
is engaged in green house projects.
2. Contingent Liabilities
As informed to us, there are no contingent liabilities as on Balance
Sheet Date.
3. In the opinion of Board of Directors of the company current assets,
loans & advances are approximately of the same value stated, if
realized in ordinary course of business.
4. Balance of certain sundry debtors, sundry creditors, and advances
and deposit are subject to confirmation / reconciliation.
5. The company has not received intimation from many suppliers
regarding their status under Micro, Small and Medium Enterprise
Development Act, 2006. Further, there are no Micro and small enterprise
to which company owes dues, which are outstanding for more than 45 days
as on 31st March, 2014. This information is required to be disclosed
under the said Act, has been determined to the extent such parties have
been identified on the basis of information available with the company.
6. Figures of the previous years have been regrouped / rearranged
wherever necessary & rounded off to nearest rupee.
7. Wherever Documentary Evidence was not available for our
verification, we have relied on the authentication of the Management.
8. During financial year 1998-99, Income Tax Department has taken
search operations in the premises of the company on 08.12.1998 and the
same challenged by the Company and the same is pending before the High
Court of Gujarat, the Company does not envisage any Income Tax
Liability for the same.
9. The company is listed with Ahmedabad Stock Exchange, Bombay Stock
Exchange and Jaipur Stock Exchange, however due to non-payment of Fees
to the Ahmedabad & Jaipur Stock exchange, current Status of both
exchange is not known.
Mar 31, 2013
1.1 In the opinion of the Board of Directors of the Company there is no
Contingent Liabilities as on Balance Sheet Date.
1.2. In the opinion of Board of Directors of the company current
assets, loans & advances are approximately of the same value stated, if
realized in ordinary course of business.
1.3. Balance of certain sundry debtors, sundry creditors, and advances
and deposit are subject to confirmation / reconciliation.
1.4 In the opinion of the Board of Directors : (a) assets other than
fixed assets and non-current investment have a value on realization in
the ordinary course of business at least equal to the amount at which
they are stated, (b) all known liabilities have been provided for in
full in the books of account of the company.
1.5 The company has not received intimation from many suppliers
regarding their status under Micro, Small and Medium Enterprise
Development Act, 2006. Further, there are no Micro and small enterprise
to which company owes dues, which are outstanding for more than 45 days
as on 31st March, 2013. This information is required to be disclosed
under the said Act, has been determined to the extent such parties have
been identified on the basis of information available with the company.
1.6 Figures of the previous years have been regrouped / rearranged
wherever necessary & rounded off to nearest rupee.
1.7 Wherever Documentary Evidence was not available for our
verification, we have relied on the authentication of the Management.
1.8 During financial year 1998-99, Income Tax Department has taken
search operations in the premises of the company on 08-12-1998 and the
same challenged by the Company before the High Court of Gujarat which
is pending & the Company does not envisage any Income Tax Liability for
the same.
1.9 The company is listed with Ahmedabad Stock Exchange, Bombay Stock
Exchange and Jaipur Stock Exchange, however due to non-payment of Fees
to the Ahmedabad & Jaipur Stock exchange, current Status of both
exchange is not known.
The company''s ordinary shares are listed w.e.f. 25th November, 2011 on
The Bombay Stock Exchange Ltd, Phiroze Jeejeebhoy Towers, Dalal Street,
Mumbai  400 001. Details for Ordinary Shares are as under :
1.10 The Balance Sheet as on 31st March, 2013 and the Statement of
Profit and Loss for the year ended 31st March, 2013 are drawn and
presented as per the format prescribed under Schedule VI to the
Companies Act, 1956 applicable from the financial year commencing from
1st April, 2011. The Amount pertaining to the previous year have been
recast to conform with the new format.
Mar 31, 2012
A. Figures of the previous years have been regrouped / rearranged
wherever necessary & rounded off to nearest rupee.
b. Wherever Documentary Evidence was not available for our
verification, we have relied on the authentication of the Management.
c. During financial year 1998-99, Income Tax Department has taken
search operations in the premises of the company on 08.12.1998 and the
same challenged by the Company and the same is pending before the ITAT,
the Company does not envisage any Income Tax Liability for the same.
d. The company is listed with Ahmedabad Stock Exchange, Bombay Stock
Exchange and Jaipur Stock Exchange, however due to non-payment of Fees
to the Ahmedabad & Jaipur Stock exchange, current Status of both
exchange is not known.
The company's ordinary shares are listed w.e.f. 25th November, 2011 on
The Bombay Stock Exchange Ltd, Phiroze Jeejeebhoy Towers, Dalai Street,
Mumbai - 400 001. Details for Ordinary Shares are as under:
e. Till the year ended 31st March, 2011, the company was using
pre-revised Schedule VI to the Companies Act, 1956for preparation and
presentation of its financial statements. During the year ended 31st
March, 2012, the revised schedule VI notified under the Companies Act,
1956, has become applicable to the company. The Company has
reclassified previous year figures to conform to this year's
classification. The adoption of revised schedule VI does not impact
recognition and measurement principles followed for preparation of
financial statements. However, it significantly impacts presentation
and disclosures made in the financial statements, particularly
presentation of Balance sheet.
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