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Nettlinx
BSE: 511658|ISIN: INE027D01019|SECTOR: Telecommunications - Service
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« Mar 12
Notes to Accounts Year End : Mar '13
Note 1 Contingent Liabilities and Commitments
 
 
                                        As at 31st 
                                        March, 2013     As at 31st 
                                                        March, 2012
 
 Contingent Liabilities :
 
 Unexpired Bank Guarantees               21,22,765       21,10,942
 
 Provisional License fee Assessment      43,30,195       43,30,195
 
 Company has received Revised provisional license fee assessment notice
 from Department of Telecommunications-AP circle for the years 2005-06,
 2006-07,2007-08and 2008-09 w.r.t ISP(IT) License for Rs. 43,30,195/-
 which is disclosed as contingent liability for the year ended 31st
 March 2012.However the management feels that even this demand is not
 tenable and hence liability is not provided in the books of accounts.
 
 Note 2
 
 In line with revised Schedule VI, figures for the previous year have
 been regrouped, recast and rearranged.
Source : Dion Global Solutions Limited
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