1. in accordance with the provision of AS-22 the deferred tax liability
for the year under audit has been made as per the provisions of AS-22
2. As Per Information & Explanations given tu us there is no
contingent Liabilities against the Company.
3. Information required under Revised Schedule VI to the Companies
Act, 1956 has been given only to the extent applicable.
4. Previous year''s figures are regrouped, reclassified and rearranged
a) Rights and Preference attached to Equity shares
The Company has equity shares having a par value of Rs 1/-. Each
Shareholder is entitled for one vote per share. The Shareholders have
the right to receive interim Dividends declared by the board of the
Directors and final dividend proposed by the Board of Directors and
approved by the Shareholders.
In Event of Liquidation by the company, the shareholders will be
entitled in proportion to the number of Equity shareholders held by
them to receive remaining assets of the company, after dissolution to
those it w3s secured,
The Shareholders have all the other rights as available to Equity
Shareholders as per the provision of the Companies Act 19S6 read
together with the Memorandum and Articles of Association of the
company, as applicable.