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Moneycontrol.com India | Notes to Account > Finance - Leasing & Hire Purchase > Notes to Account from Ken Financial Services - BSE: 530547, NSE: N.A
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Ken Financial Services
BSE: 530547|ISIN: INE395E01018|SECTOR: Finance - Leasing & Hire Purchase
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Mar 11
Notes to Accounts Year End : Mar '12
Note 1.1: RELATED PARTY DISCLOSURE
 
 
 
 Name of Related parties and description of relationship
 
 Key Management 
 Personnel          : Pramod Sharma, Executive Director
 
                    : Rushikesh Narlawar, Non Executive Director 
 
                    : Manoj Kumar More, Independent Director 
 
                    : Shashikant Modi, Independent Director 
 
                    ; Sunil Shivkumar Saini, Independent Director 
 
                    : Manish Kumar Goyal, Independent Director 
 
                    : Dinesh S Dhoker, Independent Director .
 
                    ; Ronak Salecha, Independent Director
 
 
 There was no transaction with related party during the year
 
 Note 1.2: CONTINGENT LIABILITIES AND COMMITMENTS
 
 (i)     Three is no such Contingent Liabilities, as such no 
         Provision made
 
 (ii)    Capital Commitments towards New Project - Nil
 
 (iii)   Guarantee
 
         Current Year                          - Previous Year 
 
 
 Note 1.3: OTHER DISCLOSURE
 
 (i) In the opinion of Management, the Current Assets, Loan & Advances
 are approx of the same value as stated, if realized in the ordinary
 course of Business.
 
 (ii) Sundry Creditors, Sundry Debtors and Loan & Advances are subject
 to confirmation and reconciliation, if any.  .
 
 (in) Deferred Tax Liability Current Year 288,807 Previous Year 229.194
 
 Note 1.4: PREVIOUS YEAR''S FIGURE
 
 The financial statements for the year ended 31st March, 2011 had been
 prepared as per applicable pre-revised Schedule-Vl to the Companies
 act,1956. Consequent to the notification under the Companies Act, 1956,
 the financial statements for the year ended 31st March, 2012 are
 prepared under Revised Schedule VI Accordingly, the previous year
 figures have also been reclassified to conform to this years
 Classification.
Source : Dion Global Solutions Limited
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