| Notes to Accounts | Year End : Mar '08 |
1. Information pursuant to Part II and Part III of Schedule VI to the Companies Act, 1956 have been complied, wherever applicable In other cases it is either nil or not applicable. 2. Contingent Liabilities as on 31st March 2008 is Nil. 3. Earnings in Foreign Currency: Nil Expenditure in Foreign Currency: Nil 4. Segment Reporting: Considering the organisation structure, the investment business is considered as a single segment in accordance with the Accounting Standard AS-17 Segment Reporting. 5. Related Party Transactions: The Company has no Related party as defined under the Accounting Standard AS-18 Related Party Disclosure. 6. The Company is a Non Banking Finance Company (NBFC). However, this being the first financial year of the Company, the process with regard to registration of the Company as a NBFC with Reserve Bank of India would be commenced after the first audited accounts. 7. This being the first financial year of the Company (May 17, 2007 to March 31, 2008) Previous Years figures are not given. |
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| Source : Dion Global Solutions Limited | |
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