Mar 31, 2015
1. Related Party Disclosures
Related party disclosures as required under Accounting Standard (AS)-18
"Related Party Disclosures".
2. The company is a Small and Medium-sized Company (SMC) as defined in
the General Instructions in respect of Accounting Standards notified
under the Companies Act, 1956. Accordingly, the company has complied
with the Accounting Standards as applicable to a Small and Medium-sized
Company.
3. The company has not received any intimation from "suppliers"
regarding their status under Micro Small and Medium Enterprises
Development Act, 2006 and hence disclosures, if any, relating to
amounts unpaid as at the year end together with interest paid/payable
as required under the said Act have not been furnished.
4. The figures of previous years have been recast/regrouped wherever
necessary to make them comparable and for the purpose of our audit.
5. Debit and credit balances standing in the name of the parties are
subject to confirmation from them.
Pursuant to reduction of unlisted share capital of the Company in
terms of The Hon'ble Delhi High Court order dated 22.03.2012, the
credits on account of reduction of capital have been adjusted against
various Debit balances standing in the name of parties who were
advanced these sums (which is the reason for objection from Bombay
Stock Exchange) on deployment of fund received at the time of allotment
of shares which are now cancelled.
Mar 31, 2014
Corporate information
RCC CEMENTS LIMITED Company incorporated under the provisions of the
Companies Act, 1956.
Basis of preparation
* The financial statements of the company have been prepared in
accordance with generally accepted accounting principles in India
(Indian GAAP).
* The company has prepared these financial statements to comply in all
material respects with the accounting standards notified under the
Companies (Accounting Standards) Rules, 2006, (as amended) and the
relevant provisions of the Companies Act, 1956.
* The company follows the Mercantile System of Accounting recognizing
Income and Expenditure on accrual basis.
* The directors have certified that there are no outstanding expenses
not provided for and nor there are income which have fallen due but not
accounted for. The accounts are prepared on historical cost basis and
as a going concern.
* The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year.
1.Share Capital
Terms/Rights attached to equity shares
The company has only one class of equity shares having a par value of
Rs. 10/- per share. Each holder of equity shares is entitled to one
vote per share.
Aggregate number of bonus shares issued, shares issued for
consideration other than cash during the period and during five years
immediately preceding the reporting date
2.Related Party Disclosures :
(A) Related parties and key management personal
Mr. Sunil Kumar
(B) No transactions have taken place with related parties during the
financial year.
3. The company is a Small and Medium-sized Company (SMC) as defined in
the General Instructions in respect of Accounting Standards notified
under the Companies Act, 1956. Accordingly, the company has complied
with the Accounting Standards as applicable to a Small and Medium-sized
Company.
4. The company has not received any intimation from "suppliers"
regarding their status under Micro Small and Medium Enterprises
Development Act, 2006 and hence disclosures, if any, relating to
amounts unpaid as at the year end together with interest paid/payable
as required under the said Act have not been furnished.
5. The figures of previous years have been recast/regrouped wherever
necessary to make them comparable and for the purpose of our audit.
6. Debit and credit balances standing in the name of the parties are
subject to confirmation from them.
Mar 31, 2013
1. Corporate information
RCC CEMENTS LIMITED Company incorporated under the provisions of the
Companies Act, 1956.
2. Basis of preparation
- The financial statements of the company have been prepared in
accordance with generally accepted accounting principles in India
(Indian GAAP).
- The company has prepared these financial statements to comply in all
material respects with the accounting standards notified under the
Companies (Accounting Standards) Rules, 2006, (as amended) and the
relevant provisions of the Companies Act, 1956.
- The company follows the Mercantile System of Accounting recognizing
Income and Expenditure on accrual basis.
- The directors have certified that there are no outstanding expenses
not provided for and nor there are income which have fallen due but not
accounted for. The accounts are prepared on historical cost basis and
as a going concern.
- The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year.
3. Related Party Disclosures :
(A) Related parties and key management personal
i. Mr. Sunil Kumar ii. Mr. Mukesh Sharma iii. Mr. Kishore Bhatia
(B) No transactions have taken place with related parties during the
financial year.
4. The company is a Small and Medium-sized Company (SMC) as defined
in the General Instructions in respect of Accounting Standards notified
under the Companies Act, 1956. Accordingly, the company has complied
with the Accounting Standards as applicable to a Small and Medium-sized
Company.
5. The company has not received any intimation from "suppliers"
regarding their status under Micro Small and Medium Enterprises
Development Act, 2006 and hence disclosures, if any, relating to
amounts unpaid as at the year end together with interest paid/payable
as required under the said Act have not been furnished.
6. The figures of previous years have been recast/regrouped wherever
necessary to make them comparable and for the purpose of our audit.
7. Debit and credit balances standing in the name of the parties are
subject to confirmation from them.
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