1. LONG-TERM BORROWINGS
 
 The above liability of 15% Non-convertible Debentures, being unpaid
 without proper and valid claims, is continuing under long term
 borrowings. The said Debentures, as per the terms of issue are secured
 by way of second charge over leased assets and assets under Hire
 Purchase Agreements and book debts pertaining to such Lease and Hire
 Purchase assets.
 
 In respect of loans from companies there are no specific terms and
 conditions as to repayment of the above Loans and Advances except that
 the amounts are to be repaid in a phased manner depending upon the
 resources available to the Company from time to time.
 
 # Includes dues to related parties - Refer to Note No. 19.
 
 2.  Balances of Sundry Debtors, Sundry Creditors, Loans and Advances
 payable or receivable are subject to confirmations to be obtained from
 the parties.
 
 3.  Extraordinary items : Nil (Previous year Rs. 15,84,000/-
 represents the interest expenditure pertaining to earlier years against
 a loan with a scheduled bank, which was settled under one time
 settlement).
 
 4.  Related Party Transactions:
 
 a) There are no Loans and Advances in the nature of Loans to
 Subsidiaries, Associates etc. as required to be disclosed under Clause
 32 of listing agreement. The Company has an investment of Rs. 275.02
 lacs in 2750220 Equity Shares of Rs. 10/- each in its Associate Company
 M/s. Medinova Diagnostic Services Limited.
 
 5. The company is engaged in the Business of Marketing/Trading of
 Hospital Products. There are no other reportable segments.
 
 6. The company has no dues to Micro, Small and Medium Enterprises
 during the year ended 31st March, 2012 and 31st March, 2011.