Mar 31, 2015
1. Nature of Operations:
The Company's principal activity is providing management consultancy
services to infrastructure sector and cement in Particular.
2. Contingent Liability not provided for:
Particulars Period to Forum Amount
which the where the (Rs.)
amount dispute is
relates pending
Interest Tax 1995-96 High Court 3,12,003/-
Interest Tax 1996-97 High Court 8,35,549/-
Interest Tax 1997-98 High Court 7,64,757/-
Total 19,12,309/-
Particulars Remarks
Interest Tax Appeal decided
Interest Tax in favor of
Interest Tax company and
Income Tax
Department is
filed appeal at
higher level
which is
pending
3. The balances of sundry debtors, sundry creditors, loans and advances
are subject to confirmation.
4. As explained to us, the provisions of Provident Fund Act, ESI Act,
and Gratuity Act are not applicable to the Company.
5. The Company primarily deals in only one business segment
i.e.,"Management Consultancy Service".
6. According to the information available with the Company, there are
no amounts as at 31st March, 2015 due to suppliers who constitute a
"Micro, Small and Medium Enterprises" as per MSMED Act, 2006.
7. The Board of Directors is of the opinion that all the liabilities
have been adequately provided for.
8. There is no operational activity in the business of shares and
securities, lease and in finance field.
9. We are informed by the management that there is no decline in price
in respect of unquoted Investment.
10. There was no impairment loss on Fixed Assets on the basis of review
carried out by the Management in accordance with Accounting Standard-28
issued by the Institute of Chartered Accou ntants of India.
11. Terms/Rights attached to equity shares
The Company has only one class of equity shares having par value of
Re.l per share. Each shareholder of equity share is entitled to one
vote per share.
In the event of liquidation of the Company, the holders of equity
shares will be entitled to receive the realised value of the assets of
the Company, remaining after payment of all preferential dues. The
distribution will be in proportion to the number of equity shares held
by the shareholders.
Mar 31, 2013
Nature of operations
The company''s principal activity is providing management service to
infrastructure sector and cement in particular the company is
establishing the salt pan project in the Kutch District of Gujarat
over an area of approx 3107 acres of land.
1) The Balances of sundry debtors sundry debtors sundry creditors loans
and advances are subject to confirmation
2) As explained to us the provisions of provident Fund Act, ESI Act,
and Gratuity Act are not applicable to the company.
3) The company primarily deals one business segment i.e. Management
service
4) The public issue expense and deferred revenue expenditure incurred
are written off over a period of 10 years.
5) According to the information available with the company there are no
amount as at 31st March 2013 due to suppliers who constitute a Micro
small and medium Enterprises as per MSMED Act,2006
6) The Board of Directors is of the opinion that all the liabilities
have been adequately provided for;
7) There is no operational activity in the business of shares and
securities lease and in finance field
8) We are information by the management that there is no decline in
price in respect of unquoted investment.
9) There was no impalement loss on Fixed Assets on the basis of review
carried out by the management in according with AACCOUNTING STATANDARDS
28 BY THE INSTITUTE OF CHARERECTED accounts of India.
10) Earnings per share (EPS)
Mar 31, 2011
1.Nature of Operations:
The Company's principal activity is providing management services to
infrastructure sector and cement in part The company is establishing
the salt pan project in the Kutchh District of Gujarat over an area of
approx acres of land.
2) The balances of sundry debtors, sundry creditors, loans and advances
are subject to confirmation.
3) As explained to us, the provisions of Provident Fund Act, ESI Act,
and Gratuity Act are not applicable to the company.
4) The Company primarily deals in only one business segment i.e.,
"Management Service".
5) The public issue expenses and deferred revenue expenditure incurred
are written off over a period of 10 years
6) According to the information available with the Company, there are
no amounts as at 31st March,2011,due to suppliers who constitute a
"Micro, Small and Medium Enterprises "as per MSMED Act,2006.
7) The Board of Directors Is of the opinion that all the liabilities
have been adequately provided for.
8) There is no operational activity in the business of shares and
securities, lease and in finance field
9) We are informed by the management that there is no decline in price
in respect of unquoted investments
10) There was on impairment loss on Fixed Assets on the basis of review
carried out by the management in accordance with Accounting standard
-28 issued by the Instituted of Chartered Accountants of India.
Mar 31, 2010
Nature of Operations:
The Companys principal activity is providing management services to
infrastructure sector and cement in particular. The company is
establishing the salt pan project in the Kutchh District of Gujarat
over an area of approx 3107 acres of land.
1) Contingent Liability not provided for:
Particulars Period to which Forum where the Amount
the amount relates dispute is pending (Rs.)
Interest Tax 1995-96 High Court 312003
Interest Tax 1996-97 High Court 835549
Interest Tax 1997-98 High Court 764757
Total 1912309
2) The balances of sundry debtors, sundry creditors, loans and advances
are subject to confirmation.
3) As explained to us, the provisions of Provident Fund Act, ESI Act,
and Gratuity Act are not applicable to the Company.
4) The Company primarily deals in only one business segment i.e.,
"Management Service".
5) The public issue expenses and deferred revenue expenditure incurred
are written off over a period of 10 years.
6) According to the information available with the Company, there are
no amounts as at 31st March, 2010, due to suppliers who constitute a
"Micro, Small and Medium Enterprisesà as per MSMED Act, 2006.
7) The Board of Directors is of the opinion that all the liabilities
have been adequately provided for.
8) There is no operational activity in the business of shares and
securities, lease and in finance field.
9) We are informed by the management that there is no decline in price
in respect of unquoted investments.
10) There was no impairment loss on Fixed Assets on the basis of review
carried out by the Management in accordance with Accounting Standard-28
issued by the Institute of Chartered Accountants of India.
11) Related Parties Disclosures under Accounting Standard 18
1) Related Party relationships :
Key Management Personal :
Nandit V Raja , Managing Director
Directors Remuneration Fees of Rs. 5,40,000/-
Vipul H Raja, Promoter Director
Transaction Value Rs. Nil
Signature to Schedule "1" to "10" forming part of Balance Sheet
and Profit & Loss Account.