0.7 (1.69%)| Notes to Accounts | Year End : Mar '10 |
Others 1 Contingent liabilities not provided for in respect of Bank Guarantee Rs. 5999.63 lacs (Rs. 5949.94 lacs P.Y.), Letter of credit Rs. 2448.25 lacs (Rs. 1835.80 lacs P.Y.) re- spectively. 2 Accounting of Raw Material consumption is net of Modvat credit utilized during the year Rs. 231.03 Lacs (Previous year Rs. 517.72 Lacs) Claim and Refunds, if any, shall be accounted for in the year of determination. 3 The closing stock is accepted as taken, valued and certified by the management. 4 (i) Balance in the personal accounts, Debtors, Loans and Advances, other Current Assets, Creditors and other liabilities are subject to confirmation from the respective parties. (ii) The company has not received any information from the suppliers regarding their status under the micro, small and medium enterprises development act, 2006 & hence disclosures, if any, relating to the amounts as at year end together with interest paid / payable as required under the said Act have not given. (iii) As per Section 205 A of the Companies Act, 1956 Rs. 6.51 Lacs pertaining to unclaimed divided & unclaimed share application money due and outstanding (upto FY 1998-1999) to be credited to invester education and protection fund. 5 Disclosure in respect of Related Parties Pursuant to Accounting Standard 18 (A) List of Related Parties I. Parties where control exists - NIL (ii) Key Management Personnel and enterprises having common key Management Personnel of their relatives : Key Management Personnel : Shri C.L. Sharma Shri M.K. Basak (Upto 30-09-2009) Shri Deepak Sharma Shri K.L. Chauhan Shri Bhupal Singh Dr. O. P. Sharma 6 Figures of previous Year have been re-grouped/re-ciassified re-arranged wherever necessary, and figures are rounded off to nearest rupee. |
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| Source : Dion Global Solutions Limited | |
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