Harsh Polymers (India) Ltd. के अकाउंट के लिये नोट

Mar 31, 2014

1. Related party disclosure for the year ended March 31,2014

Subsidiaries Nil Associates Crown Tradelink Pvt. Ltd. Key Management Personal Prakesh Amin , Mr. Narendrakumar J. Shah Mr. Ajay Bhavsar Mr. Ashish Tripathi

2. Transctions with related parties (Rs. In Lac.)

3. Disclosure in respect of material transactions with related parties.

Rendering of Services Crown Tradelink Pvt. Ltd.

Finance Taken Crown Tradelink Pvt. Ltd.

Prakesh Amin

Mr. Narendrakumar J. Shah

Mr. Ajay Bhavsar

4. Disclosure required by clause 32 of the Leasing Agreement.

Amount of loan / advances in nature of loans outstanding from subsidiaries and associates during 2013-2014

5. No Provision for taxation for Current Year has been made in the absence of any taxable income under the Income Tax Act, 1961.

6. C.I.F. Value of Import RS. Nil

7. In the opinion of Board of Directors the Current Assets , Loans & Advance (except certain part of debtors and deposits) are approximately of the value stated , if realised in the ordinary course of business. All Known and ascertained liabilities are adequate & just in excess of the amount and reasonably necessary.

8. During the year under review, the company has borrowed unsecured loan from corporate body. As per the information and explanation given to us there is no stipulation as to its repayment, rate of interest and other conditions.

9. According to the information given to us Sundry Debtors, represents some old debtors, which are not realizable. No provision for the same is made in the books of accounts. Similarly the Creditors under the head sundry creditors are old and as per the management perception it''s Payment Liability are not likely to arise.

10. The Company has not carried out any production activities during the year. The quantity details are not available.

11. Sundry Debtors, Sundry Creditors and Loans & Advances are subject to reconciliation and confirmation.

12. Previous year''s figure have been grouped/ rearranged wherever necessary so as to confirm year''s grouping.

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Mar 31, 2013

1. No Provision for taxation for Current Year has been made in the absence of any taxable income under the Income Tax Act, 1961.

2. C.I.F. Value of Import RS. Nil

3. In the opinion of Board of Directors the Current Assets , Loans & Advance (except certain part of debtors and deposits) are approximately of the value stated , if realized in the ordinary course of business. All Known and ascertained liabilities are adequate & just in excess of the amount and reasonably necessary.

4. During the year under review, the company has borrowed unsecured loan from corporate body. As per the information and explanation given to us there is no stipulation as to its repayment, rate of interest and other conditions.

5. According to the information given to us Sundry Debtors, represents some old debtors, which are not realizable. No provision for the same is made in the books of accounts. Similarly the Creditors under the head sundry creditors are old and as per the management perception it''s Payment Liability are not likely to arise.

6. The Company has not carried out any production activities during the year. The quantity details are not available.

7. Sundry Debtors, Sundry Creditors and Loans & Advances are subject to reconciliation and confirmation.

8. Previous year''s figure have been grouped/ rearranged wherever necessary so as to confirm year''s grouping.

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Mar 31, 2010

1. Related party disclosure for the year ended March 31, 2010

Subsidiaries Nil

Associates Crown Tradelink Pvt. Ltd.

Key Management Personal Prakash Amin

Mr. Narendrakumar J. Shah

Mr. Ajay Bhavsar

2. Disclosure in respect of material transactions with related parties.

Rendering of Services Crown Tradelink Pvt. Ltd.

Finance Taken Crown Tradelink Pvt. Ltd. Prakash Amin

Mr. Narendrakumar J. Shah

Mr. Ajay Bhavsar

3. Provision for gratuity has not been made as no employee has completed the statutory minimum period of service as required by the Payment of Gratuity Act, 1972.

4. No provision for taxation for the current year has been made in the absence of any taxable income under the Income tax Act, 1961.

5. C. I. F. value of Import Rs. Nil.

6. In the opinion of Board of directors the current Assets, loans & Advance (except certain part of debtors and deposits) are approximately of the value stated, if relised in the ordinary course of business. All known and ascertained liabilities are adequate & just in excess of the amount and reasonably necessary.

7. During the year under review, the company has borrowed unsecured loan from corporate body. As per the information and explanations given to us there is no stipulation as to its repayment, rate of interest and other conditions.

8. According to the information given to us Sunday Debtors, represents some old debtors, which are not realizable. No provision for the same is made in the books of accounts. Similarly the Creditors under the head sundry creditors are old and as per the management perception its Payment liability are not likely to arise.

9. The Company has not carried out any production activities during the year. The year. The quantity details are not available.

10. Sundry Debtors, Sundry Creditors and Loans & Advances are subject to reconciliation and confirmation.

11. Previous years figure have been regrouped / rearranged wherever necessary so as to confirm years grouping.