1.1 In the opinion of Board of Directors, the aggregate value of
 Current Assets, Loans & Advances on realisation in ordinary course of
 business will not be less than the amount at which these are stated in
 the Balance Sheet.
 
 2.2 Based on the information available with the company, there is no
 amount due to small scale undertakings for more than thirty days as at
 31st March''2011
 
 2.3 Share application money represents private equity investment in A To
 Z Venture Capital Limited in Ansal Bhawan .Kashorla Gandhi Marg, New
 Delhi, Company is expecting allotment of shares by September 2011.  
 
 2.4 During the Financial year 1996-97, Company purchased nine
 commercial flats under the Lease agreement with an MNC at an aggregate
 purchase value of Rs.  57,44,300/- Company use those commercial flats
 for rental purpose only since inception and rental income as and when
 accrued as rental income in the books of accounts and shown under
 income from Rent, Rental income received by the company was being shown
 so long under the head house property income for the income tax purpose
 and availing 30% deduction there on but no depreciation was claimed for
 income tax purpose. However company provides depreciation on this asset
 under Companies Act for arriving this profit. In the opinion of Board
 this should be shown under investments instead of Fixed assets
 considering it as a wrong accounting.  During the financial year
 2010-2011, the company rectified the error showing these flats under
 the Head ''Investments'' after passing the Board resolution. In the
 process of rectification, the Company reversed the entire accumulated
 past years depreciation of Rs. 28,41,561 by crediting the prior period
 adjustment account in the Profit & Loss a/c.
 
 2.5 Investments includes Flats at Delhi and Flats at Jaipur
 amounting Rs. 4,29,85,983. Delhi Flats are lying vacant and used by the
 Co. for its own purpose and Jaipur Flats are ready for possession.
 However completion certificate is still awaited by developers. The
 Company shall take possession soon after the completion certificates
 are available.
 
 2.6 MANAGING DIRECTOR''S REMUNERATION.
 
 2.7 Auditor''s remuneration (including service tax) shown in Schedule-10
 consists of the following:
 
 2.8    Details of Shares as Stock-in-Trade
 
 2.9     Information Pursuant to Schedule VI of the Companies Act, 1956.
 
 Particulars in respect of Opening Stock, Purchases, Sales & Closing
 Stock of Shares, Mutual Funds Unit & Fully convertible debentures.
 
 2.10 Related party Disclosures:
 
 Following are the transactions entered through related parties and the
 Company, during the year ended 31st March 2011
 
 2.11 The Company has only one reportable business segment i.e. N. B.
 F.C. Business as per Accounting Standard 17 of The Institute of
 Chartered Accountants of India.  Business segment
 
 2.12 Pursuant to Accounting Standard on ''Accounting for Taxes on
 income''(AS-22), deferred tax liability/ (assets) are as under:
 
 The management has based on its operational parameters and future
 earnings, reassessed and recognised deferred tax asset (Net) as above.
 The management is of the view that sufficient future taxable income
 will be available against which such deferred tax assets can be
 realised.
 
 2.13 Earning per Share (EPS)       As On            As On
 
                                  31.03.2011      31.03.2010
 
 Weighted average number of
 Shares at the beginning and
 end of the year                  10,007,970      10,007,970
 
 Net Profit after tax (if any)
 available for Equity
 Shareholders (Rs.)               13,026,284       4,730,479
 
 2.14 Basic and Diluted Earning
       per Shares (Rs.)                 1.30            0.47
 
 (i) Expenditure in Foreign
     Currency                        NIL              NIL
 
 (ii) Income in Foreign Currency     NIL              NIL
 
 2.15 Contingent Liability           NIL              NIL
 
 2.16 The figure of the previous year have been regrouped/reclassified
 to confirm with the figures of the current year
 
 2.17 Schedules 1 to 10 form an integral part of the accounts and have
 been duly authenticated.