1. Remittance of Foreign Currency during the year: NIL
Previous year: NIL
2. Contingent Liabilities not provided for an estimated amount of
contracts unexecuted on account of Plant & Machinery Rs. NIL.
Previous year: Rs. NIL.
3. The value and Quantity of closing stock of Raw Material, Finished
Goods. Work In-process and Consumable Stores were taken based on the
certificate given by the Management.
4. Sundry Debtors, Creditors bank balances and other balances are
subject to confirmation.
5. Cash Credit and bill Discount is secured by Fixed Assets and
Hyphothecation of Raw Material, Work in Process, Finished Goods, Book
Debts and also by personal guarantees of all the Directors.
6. Deferred Revenue Expenditure : The benefit of which is spread over a
number of years are grouped under miscellaneous expenditure.
7. Previous year figures have been regrouped wherever necessary to
compare with current year figures.
8. Debts due by firms/companies in which directors are interested Rs.
9. As regards to the compliance of provision relating to the dues to
the Small scale Industries in terms of companies (Amendment) Act, 1999
the company has sent letters to the creditors to confirm whether they
are SSI Units. The Company is yet to receive the confirmation from
them. Hence, the company could not quantify the dues, if any, to the
Small scale Industries.
10. The aggregate market value of the quoted Investments is Rs. NIL
(Previous year Rs. NIL)