1.  The Company is registered with RBI vide Reg. No.01-00247
 dt.16.5.1998; as Non deposit taking Non Banking Finance Company.
 
 2.  The balance of loans and advances, Sundry Debtors, Sundry Creditors
 and Current Liabilities and classification under the above heads, in
 absence of any documentary support, given and accepted as agreed by
 management, are subject to confirmations.
 
 3.  Previous year figures have been regrouped and rearranged wherever
 necessary.
 
 4.  Earnings/ Expenditure in foreign Exchange - NIL
 
 5.  Expenditure of employees in respect of remuneration of not less
 than Rs. 24, 00,000/- per year or Rs.  2,00,000/- per month if employed
 for the part of the year is NIL.
 
 6.  Contingent liabilities for following items provided for is: Rs. NIL
 (Previous year Rs.NIL).
 
 - Income Tax demand for the Asst. Year 2001-02. The company has gone in
 appeal with CIT (A) against the order of ITO for assessment year
 2001-02. The original demand was Rs.22256397- was reduced to Rs.
 46490/- by the CIT (A).Which was duly paid department has filed the
 appeal in I.T.A.T. against this order; the appeal has been set aside by
 ITAT and is referred back to CIT Appeals.
 
 - The Asst. order for A.Y. 2005-06 has been passed and a demand notice
 of Rs. 34988/- has been issued. An appeal is preferred against the said
 order.
 
 7 No provision of the gratuity has been made, as no employee is
 entitled for the same.
 
 8.  No provision for interest for current year amounting to Rs.
 364787/- Previous year 364787/-totaling to 1094361/-(Previous year Rs.
 729574/-)has been made as with books of A/c. Company applied for OTS
 and matter is pending & the outstanding amount of loan as per Books is
 3039893/-is subject to confirmation from Bank statement, since bank is
 closed
 
 9 Due to Loss provision for Income Tax is not made.
 
 10 The company has made an application to BSE for listing of 11,50,000
 Equity shares issued amounting to Rs. 1,15,00,000/-. Which has been
 rejected and as such these share are not trad- able .Company is taking
 necessary action for rectification of the same.
 
 11.  Related Party Disclosures:
 
 a) Name of Key Management Personnel:
 
 Mr. Y K Gupta - Managing Director
 
 Mr. Manik Dattatrey C.  Director
 
 12.  Paisa is rounded off to nearest rupee.
 
 13.  Wherever original bills/voucher are not available the
 bills/vouchers duly authenticated by the Directors.
 
 14.  In the opinion of the Board the Current asserts, Loan and Advances
 although unsecured considered good have the value at which they are
 stated in the Balance Sheet if realized in the ordinary course of
 business.
 
 15.  The statement of significant accounting policies and the notes no.
 2 to 19 form an integral part of the accounts for the period ended 
 on 31st March, 2009.