1. CONTIGENT LIABILITIES (in Rs.)
31.03.2012 As at
remaining to be Executed - -
Claims against the Company
not acknowledged as debts - -
Other monies for which the
Company is Contigentely liable - -
2. The Company has not dealt in the foreign currency in the current
year and previous year. The company has neither imported any material
nor exported any material. Further the company has not incurred any
expenditure in foreign currency.
3. During the year, company has charged depriciation on Plant &
Machinery from retospective effect i.e. depriciation for the period
April 1st, 1999 to March 31st, 2011 and current year for which, the
depriciation was not charged in earlier years. Depriciation has been
charged at the single shift SLM rate upto 95% of the total asset value.
4. RELATED PARTY DISCLOSURES
Key Management Personnel Shri Nitin Maheshwari Shri Madan Chandra Das
Shri Rishabh Bhutra
5. In the absense of taxable income during the year, no provision for
taxation has been made. The company has not recognised deferred tax
asset (net) as on 31st March 2012 in the absense of virtual certainity
of future taxable income.
6. The Company is engaged only in one business a nd therefore has only
one reportable segment.
7. No amount is outstanding to Micro, Small & Medium Enterprises based
upon information available with the company.