I.  CONTINGENT LIABILITIES
 
 A (i) On account of demand by Income Tax Department
 
 Of wealth Tax for two years                      Rs.49,941   (Rs.49,941)
 
 (ii) On account of demand for additional 
 charges by Hire
 
 Purchase Finance Company and disputed by the 
 company                                          Rs.9,207    (Rs.9,207)
 
 B (i) The company has not accepted the demand by a secured creditor to
 the extend of Rs.(9,207) towards various charges and the same is under
 dispute for which no provision has been made in the books of accounts.
 
 (ii) The company has filed wealth tax returns with no liability towards
 wealth tax for assessment year 1990-91 to 1992-93 for Rs.
 49,941(49,941). The same has been contested by the company before
 appellate authorities.
 
 II.  OTHERS
 
 1.  Confirmation of balances has not been received in respect of
 current liabilities and provisions current assets and loans and
 advances.
 
 2.  No employee had received remuneration in excess of the amount
 specified in the rules U/s 217(2A) of the Companies Act, 1956
 
 3.  Figures have been rounded of to the nearest Rupee.
 
 4.  Figures of the previous years have been regrouped wherever
 necessary to confirm to the current year presentation.
 
 5.  Figures in the brackets represent previous year figures.
 
 6.  There are no Micro and Smail Enterprises, to whom the Company owes
 dues, which are outstanding for more than 45 days as at March 31,2012.
 This is information as required to be disclosed under The Micro, Small
 and Medium Enterprises Development Act, 2006 (the act) has been
 determined to the extent such parties have been identified on the basis
 of information available with the company.