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Moneycontrol.com India | Notes to Account > Finance - Investments > Notes to Account from Shree Nath Commercial & Finance - BSE: 512105, NSE: N.A
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Shree Nath Commercial & Finance

BSE: 512105|ISIN: INE490J01032|SECTOR: Finance - Investments
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Shree Nath Commercial & Finance is not listed on NSE
Mar 13
Notes to Accounts Year End : Mar '14
1. Employee benefits
 
 Provision for retirement benefits to employees was not provided on
 accrual basis, which is not in conformity with Accounting Standard-15
 issued by ICAI and the amount has not been quantified because actuarial
 valuation report is not available. However, in the opinion of the
 management the amount involved is negligible and has no material impact
 on the Profit & Loss Account.
 
 2. CONTINGENT LIABILITY:
 
                                          2013-2014      2012-2013
                                         Amount in Rs.  Amount in Rs.
 
 Contingent Liabilities not provided for     NIL              NIL
 
 Others                                      NIL              NIL
 
 3. RELATED PARTY TRANSACTION:
 
 List of Related Parties:-
 
 a) Key Management personnel :-
 
 i) Giriraj Kishor Agrawal ii) Tanu Agrawal
 
 b) Related parties over which Key Management personnel have significant
 influence :-
 
 i) Axon Finance Ltd (Formerly Axon Infotech Ltd)
 
 ii) Banas Finance Limited
 
 iii) Rockon Fintech Limited
 
 iv) Rockon Capital Market Pvt Ltd
 
 v) Tilak Finance Limited (Formerly Out of City Travel Solutions Ltd)
 
 vi) Five X finance & Investment Ltd
 
 vii) Kayaguru Health Solutions Limited
 
 viii) Kayaguru Capital Market Pvt Ltd
 
 ix) Handful Investrade Pvt Ltd
 
 x) Girraj Kishore Agarwal HUF
 
 xi) Saloni Agarwal
 
 4.  Income in Foreign Currency : NIL
 
 5.  Expenditure in Foreign Currency : NIL
 
 6  As per information available with the Company, none of the
 creditors has confirmed that they are registered under the Micro, Small
 and Medium enterprises Development Act, 2006.
 
 7.  Trade Receivable, Trade Payable, Short Term Borrowings and Short
 Term Loans and Advances balances are subject to confirmation and
 reconciliation.
 
 8.  Segment Information: The Company is engaged in single segment and
 there are no separate reportable segments as defined in AS-17.
 
 9.  Previous year''s figures have been regrouped, rearranged and
 reclassified wherever necessary to conform to the current''s
 classification/ presentation.
Source : Dion Global Solutions Limited
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