Mar 31, 2014
1. Segment Reporting:
The company is engaged in the business of construction and
infrastructure works which all together is only one business segment
and the segment reporting not applicable for the company.
2. Related party Disclosures:
1. Related Party disclosures in accordance with AS-18 issued by The
Institute of Chartered Accountants of India by virtue of share holding
and key management personnel.
a) Relation Ship
i. Associate Companies : Nil
ii. 100% Subsidiary Companies : Nil
iii. Other Indian Subsidiaries : Nil
iv. Key Management Personnel : Director
b) The following transactions were carried out with related parties in
the ordinary course of business.
ii. Key Management Personnel
Remuneration paid NIL NIL
3. There are no amounts due to small-scale industrial undertakings, to
whom the company owes a sum which is outstanding for more than 30 days
and hence the details in respect of outstanding dues to small-scale
industrial undertakings are not furnished, as required as per the
notification No.GSR 129(E) dated 22nd February 1999.
4. Previous year''s figures have been reclassified/regrouped wherever
necessary to conform to the current years'' classification.
Mar 31, 2013
(a) SEGMENT REPORTING:
The Company is engaged primarily in the business of Real estate and
accrodingly there are no separatereportable segment as per accounting
standard -AS17- Segment Reporting
(b) CONTIGENT LIABILITIES & COMMITMENTS: NIL
(c) DUES TO MICRO , SMALL & MEDIUM ENTERPRISES:
The Company has no dues to Micro,Small & Medium enterprises during the
year ended 31st March 2013.
(d) The Company has neither earned any income nor incurred any expense
in Foreign Currency during the year 2012-2013.
Mar 31, 2012
1 RELATED PARTY DISCLOSURE:
As per Accounting Standard 18, issued by the Institute of Chartered
Accountants of India, the disclosure of transaction with the related
parties are given below:
2 EMPLOYEES BENEFIT:
The Company has not made any provision in the books for employees
benefits- hence the Accounting Standard (AS) 15, is not applicable.
3 Contingent Liabilities - NIL
4 The company has Calls in Arrears of Rs. 15,39,995/- on 3,07,799
equity shares of Rs. 5/- each and the company is taking necessary steps
for realization of calls in arrears.
5 SEGMENT REPORTING
The Company is engaged primarily in the business of Real estate and
accordingly there are no separate reportable segment as per accounting
standard -AS17- Segment Reporting
6 CONTIGENT LIABILITIES & COMMITMENTS NIL
7 DUES TO MICRO , SMALL & MEDIUM ENTERPRISES
The Company has no dues to Micro,Small & Medium enterprises during the
year ended 31st March 2012.
8 The Company has neither earned any income nor incurred any expense
in Foreign Currency during the year 2011-2012.
9 Previous Year''s Figures Have Been Re- Grouped And Re-Classified
Wherever Necessary, To Confirm Current Year''s Classification.
Mar 31, 2011
A) The company is engaged only in one business activity , which as per
Accounting Standard 17, is considered the only reportable business.
b) The company has Calls in Arrears of Rs. 22,52,985/- on 4,51,500
equity shares of Rs. 5/- each and the company is taking necessary steps
for realization of calls in arrears.
c) Loan represents amount advanced to various parties on short term and
interest charged on accrual basis is prima facie not prejudicial to the
interest of the company.
d) Contingent Liabilities - NIL
e) Balance from sundry debtors, creditors, loans and advances are
subject to reconciliation and confirmation
f) RELATED PARTY DISCLOSURE:
g) EMPLOYEES BENEFIT:
The company is not adopting Accounting Standard (AS) 15 - "Employee
Benefit" and no provisions made in books of account as the liability
on account of gratuity as on 31/03/2011 is not material.
h) Previous year''s figures have been regrouped wherever found necessary
to conform to the current year''s presentation.
Mar 31, 2010
A) The company is engaged only in one business activity , which as per
Accounting Standard 17, is considered the only reportable business.
b) The company has Calls in Arrears of Rs. 22,52,985/- on 4,51,500
equity shares of Rs. 5/- each and the company is taking necessary steps
for realization of calls in arrears.
c) Loan represents amount advanced to various parties on short term and
interest charged on accrual basis is prima facie not prejudicial to the
interest of the company.
e) Earning in Foreign Currency - NIL
f) Expenditure in Foreign Currency - NIL
g) Contingent Liabilities - NIL
h) Balance from sundry debtors, creditors, loans and advances are
subject to reconciliation and confirmation
i) EMPLOYEES BENEFIT:
The company is not adopting Accounting Standard (AS) 15 - "Employee
Benefit" and no provisions made in books of account as the liability
on account of gratuity as on 31/03/2010 is not material.
j) Previous year''s figures have been regrouped wherever found necessary
to conform to the current year''s presentation.