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| Notes to Accounts | Year End : Mar '11 |
1 Balances grouped under Loans & Advances are subject to confirmation. However, in the opinion of the Board of Directors, the current assets, loans & advances are fully realisable at the values stated, if realised in the ordinary course of business The provisions for depreciation and all other known liabilities are adequate in the opinion of the board. 2. No provision for the payment of gratuity and leave encashment has been made as none of the employees has completed the qualifying period of service. 3. Managing Directors'' Remuneration: Rs. NIL (Previous Year Rs. NIL). 4. Related Party Disclosure: The company has not entered into any related party transactions dunning the year 5. Previous year figures have been regrouped / rearranged / reconsidered, wherever considered necessary. 6 Segment Reporting- The company has only one reportable segment. 7 The Company to a Salt and Medium-si2ed (SMC) as defined rn the General Instructions peel of Accounting Standards notified under the Companies Act. 1956 Accordingly, 8.the Company has complied with the Accounting Standards as applicable to a Small and Members Company As per information available with the company, no amount is due to Small Scale Ancillary Industrial Undertakings as at 31st March, 2011. 9 Due to non compliance of Listing Agreement, the trading to Company''s share is presently suspended at Bombay Stock Exchange. However, your Company is taking appropriate steps to get the aforesaid suspension revoked so that the shares of the Company can again traded at the Bombay Stock Exchange to give maximum returns to the shareholders. In view of the nature of business and type of products dealt with by the company, it is not possible to express these in any generic unit Hence, it is neither practicable nor meaningful to give quantitative details. In view of the nature of business and type of products dealt with by the company, it is not possible to express these in any generic unit Hence, it is neither practicable nor meaningful to give have details. |
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| Source : Dion Global Solutions Limited | |
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