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Comfort Infotech
BSE: 531216|ISIN: INE819A01023|SECTOR: Finance - General
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« Mar 13
Notes to Accounts Year End : Mar '14
Note 1 - Amounts due to Micro, Small and Medium Enterprises:
 
 Under the Micro, Small and Medium Enterprises Development Act, 2006
 certain disclosures are required to be made related to micro, small and
 medium enterprise. The company does not have any transactions with such
 entities.
 
 2.  Contingent liabilities & Commitments:
 
 Particulars                                    2013-2014     2012-2013
                                                    (Rs.)         (Rs.)
 
 Claims against the Company / Disputed 
 Liabilities, not acknowledged as Debt          22,52,550     22,52,550
 
 3.  Profit / loss from F&O and Non Delivery transactions are accounted
 on net of brokerage paid.
 
 4. Balances of the Sundry Debtors, Loans and Advances and Sundry
 Creditors are subject to confirmation and resultant reconciliation, if
 any.
 
 5. There are no dues to Micro and Small Enterprises as at 31st March,
 2014. This information as required to be disclosed under the Micro,
 Small and Medium Enterprises Development Act, 2006 has been determined
 to the extent such parties have been identified on the basis of
 information available with the company.
 
 6.  During the fiscal year 2013-2014, the Company had sold shares of
 its subsidiary company i.e. Luharuka Tradelink Pvt.  Ltd. And hence
 Luharuka Tradelink Pvt. Ltd. is no longer the subsidiary of our
 company.
 
 7.  The Previous year figures have been regrouped / rearranged /
 reclassified wherever necessary. Amounts and other disclosures for the
 preceding financial year are included as an integral part of current
 year''s financial statements.
 
 8.  Segment Reporting
 
 In the opinion of the Management, the Company is operating in a single
 segment only as per the provisions of the accounting standard AS-17,
 issued by the Institute of Chartered Accountants Of India.
Source : Dion Global Solutions Limited
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