1) There are no contingent liabilities nor provided for.
 
 2) Depreciation has not been provided on assets by the company.
 
 3) The value of realization of Current Assets, Loans and Advances in
 the ordinary course of business will not be less than the value at
 which they are started in the balance sheet.
 
 4) Auditors remuneration is as under :
 
 a) Audit fees Rs. 3000/-
 
 b) Tax adit fees Rs. NIL/-
 
 c) Other matter Rs. NIL
 
 5) The Company has made arrangement of settlement with Guj. State
 Financial Corporation, Ahmedabad and entire payment of secured loan has
 been done by the company under a scheme of settlement and there is no
 outstanding secured loan at the end of the fin. Yr. 11- 12.
 
 6) The additional Information pursuant to the provision of the
 paragraph 3, 4C, and 4D of Part-II of schedule Vi to the companies Act,
 1956 has been furnished to the extend possible and applicable because
 of the nature of the business of the company.
 
 7) The previous year figure has been regrouped and/or rearranged
 wherever necessary.