NOTES ON ACCOUNTS
(A) Auditor's Remuneration
Statutory Audit Fees: Current Year Rs.16,800
Previous Year Rs. 16,800
(B) Deposits from lessees amounting to Rs.28,12,727 (Previous year
Rs.29,51,737) are contractual interest free security deposits and are
adjustable on transfer of leased assets.
(C) During the financial year amount received from a lessee of
Rs.2,33916/- out of Rs.39,866/- has been adjusted against advance paid
for legal expenses. The balance amount of Rs.1,94,050/- is credited to
lease charge account.
(D) Some of the balances of loans and advances, debtors and Loans are
as per books and subject to confirmation.
(E) Previous year's figures have been recast or recharged wherever
found necessary to confirm to this year's presentation.
(F) As required by the Notification No. GSR 129 (E) dated 22nd
February, 1999 issued by the Department of Company Affairs, Ministry of
Law, Justice and Company Affairs a list is given of the different small
scale undertaking to which the company owes Rs.1.00 lac and above which
are outstanding for more than 30 days is NIL.