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Nivi Trading
BSE: 512245|ISIN: INE552F01011|SECTOR: Miscellaneous
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Nivi Trading is not traded in the last 30 days
Nivi Trading is not listed on NSE
« Mar 13
Notes to Accounts Year End : Mar '14
1. Terms / Rights attached to Equity Shares:
 
 The company has only one class of Equity shares having par value of Rs
 10/- per share. Each holder of equity shares is entitled to ONE vote
 per share. The dividend proposed, if any, by the Board of Directors are
 subject to approval of shareholders in the ensuing annual general
 meeting.
 
 During the year ended 31st March 2014, the amount of dividend per share
 recognised as distributions to equity shareholders was NIL (31st March
 2013: NIL)
 
 The Company has only one class of equity shares having par value of Rs
 10 per share. Each holder of equity shares is entitled to one vote per
 share. The Company declares and pays dividend, if any, in Indian
 rupees.
 
 In the event of liquidation of the Company, the holders of equity
 shares will be entitled to receive remaining assets of the Company,
 after distribution of all preferential amounts. The distribution will
 be in proportion to the number of equity shares held by the
 shareholders.
 
 2. Other Disclosures
 
 a. There are contingent liabilities to the company. Contingent
 liabilities are not recognized in the accounts but disclosed as under:
 Disputed Income tax liability pending in appeal with the ITAT, Mumbai
 amounts to Rs.144,016/- for Ay 2001-02 and Rs.44,683/- for A.Y.2005-06
 
 b. The Company does not have any Capital Commitments as on the 31st
 March 2014.
 
 c. There are No Employees in the Company during the year.
 
 d. SEGMENT REPORTING fas per AS-17 issued by I.C.A.U:
 
 The Company has mainly one reportable business segment and hence no
 further disclosures is required under Accounting Standard (AS) -17 on
 segment reporting.
 
 e. Disclosures of Related Party Transactions (as per AS-18 issued by
 I.C.A.D:
 
 The Disclosure as per AS 18 is attached as Annexure I.
 
 f. Previous Year Figures
 
 The Company has re-classified & re-grouped previous year figures to
 conform to this year''s classification.
Source : Dion Global Solutions Limited
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