MARKET RADAR
SENSEX     NIFTY      
Moneycontrol.com India | Notes to Account > Packaging > Notes to Account from Radha Madhav Corporation - BSE: 532692, NSE: RMCL
YOU ARE HERE > MONEYCONTROL > MARKETS > PACKAGING > NOTES TO ACCOUNTS - Radha Madhav Corporation
Radha Madhav Corporation
BSE: 532692|NSE: RMCL|ISIN: INE172H01014|SECTOR: Packaging
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
  
LIVE
BSE
Feb 13, 17:00
6.26
-0.18 (-2.8%)
VOLUME 3,764
LIVE
NSE
Feb 13, 17:00
6.35
0
VOLUME 10,368
Explore Radha Madhav connections « Mar 10
Notes to Accounts Year End : Mar '11
1. The Company has not received any intimation from suppliers
 regarding their status under Micro, Small and Medium Enterprise
 Development Act, 2006 and hence disclosure requirements in this regard
 as per Schedule VI of the Companies Act, 1956 could not Pe provided.
 
 5.  Related Party Relationships
 
 (a) Enterprises Owned by Directors or Major Share Holders
 
 Sr.  Name of the Company/Firm
 No.
 
 1 Abhishek Packaging Industries
 
 2 Maharastra Polycane Industries
 
 3 Radha Madhav Research and Trade Ltd.
 
 4 Print Rite
 
 5 Siddharth Plastic Industries
 
 6 Plastic Corporation
 
 7 Mamta Steel 
 
 8 Mehsana Steel Suppliers
 
 9Mahavir Steel Suppliers
 
 10 Abias Export Pvt, Ltd.
 
 11 Swati Packaging
 
 12 Radha Krishna Industries
 13 Radha Madhav Residency
 
 14 Radha Madhav Holdings Pvt. Ltd.
 
 (b) Key Management Personnel
 
 Mr. Mitesh Agarwal
 
 - Mr. Abhishek Agarwal
 
 (c) Persons having significant influence
 
 - Mr. Anil Agarwal
 
 Note: In respect of above parties, there is no provision for doubtful
 debts as on 31st March, 2011 and no amount has been written off or
 written back during the year in respect of debts due from/to them.
 
 6.  Contingent Liability not provided for
 
 Particulars                                          (in 000)
 
                                        2010-2011         2009-10
                                           Rs.             Rs.
 
 a) Guarantees given by Banks            48,274           31786
 
 b) Estimated amount of contract 
 remaining to be executed on capital        136            2207
 Account and not provided for (net of
  Advances)
 
 c) Disputed Liability of Central Excise 
 Duty. Dispute pending with Customs      15,359          15,359
 Excise & Service Tax Appellate Tribunal, 
 Ahmadabad
 
 d) Duty liability with respect to
 capital goods imported under EPCG
 Scheme.                               1,82,319        1,85,837 
 (against balance export obligation)
 
 7.  Impairment of Assets Accounting Standard 28
 
 The company has carried out an exercise to ascertain the impairment, if
 any, in the carrying values of its assets. The exercise has not reveals
 any impairment in any fixed assets of the company.
 
 9.  The provision of Dividend on Preference Shares made in earlier year
 is no more required, hence it is reversed.
 
 10.  These Fixed Deposits are pledged with bank as margin money.
 
 13.  The company has a single segment namely Flexible Packaging
 therefore the company''s business does not fall under different business
 segments as defined by AS-17 Segmental Reporting issued by ICAI.
 
 14.  Previous years figures have been regrouped & rearranged wherever
 necessary.
Source : Dion Global Solutions Limited
Quick Links for radhamadhavcorporation
Follow moneycontrol.com

Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.