Jaidka Industries Ltd. के अकाउंट के लिये नोट

Mar 31, 2015

1. Terms/ rights attached to equity shares

The Company has only one class of equity shares having a par value of Rs. 10 per share. All these shares have the same rights and preferences with respect to payment of dividend, repayment of capital and voting. The Bonus or dividend shall be distributed amount the members in proportion to the amounts paid or credited as paid on the shares held by the members.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the capital paid up or which ought to have been Paid Up at the commencement of the winding up oh the shares held by the share holders.

2. CONTINGENT LIABILITIES AND COMMITMENTS

A) CONTINGENT LIABILITIES

a) Claims against the company not acknowledged as debts NIL (Prev. Year Rs.NIL)

b) Guarantees not provided for NIL (Prev. Year Rs.NIL)

c) Other money for which the company is contingently liable NIL (Prev. Year Rs.NIL)

B) COMMITMENTS:-

a) Estimated amount of contracts remaining to be

Executed on capital account and not provided for NIL (Prev. Year Rs. NIL)

b) Uncalled Liability on shares and other investments partly paid up NIL (Prev. Year Rs. NIL)

3. In the opinion of the board and to the best of its knowledge and belief, the value on realization of Currents Assets, Loans & Advances in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet.

4. Balances in the accounts of Sundry Creditors, Sundry Debtors & Loans and Advances are subject to confirmation.

5. Under the Micro, Small and Medium Enterprises Development Act. Which came into force on October 2, 2006, certain disclosures are required to be made relating to Micro, Small and Medium Enterprises. The Company is in the process of compiling relevant information from its suppliers about there coverage under the Act. Since the relevant information is not readily available, no disclosures have been made in the accounts.

6. Previous year figures have been re-grouped and re-arranged wherever considered necessary.

7. The company has not accounted for the interest receivable on advances of Rs. 12.00 lacs in view of disputed and irrecoverable nature of loans and consequential remote possibility of recovery as on date. The same shall be accounted for as and when realized or the possibility of recovery improves.

8. In view of uncertainty of sufficient future taxable income, deferred tax asset (assets) has/have not been created on unabsorbed depreciation/carried forward of Business losses under Income Tax Law. There are no deferred tax liabilities as at 31/03/2015.

9. The Cash Flow Statement has been prepared under the indirect method set out in AS-3 issued by the institute of Chartered Accountants of India.

10. There are no amounts due for payment to the Investor Education & Protection Fund Under section 125 of The Companies Act, 2013 at the Year end.

11, Related Party Disclosure:

i. Key Management Personnel

Mr. Ashok Jaidka

Spouse: Smt. Asha Jaidka-Wife, Smt. Archna, Rajnee, Aarti & Anu -Daughter Mr. Satish Jaidka

Spouse: Smt. Kiran Jaidka,- Wife, Mr. Vivek Jaidka-Son, Smt. Vandna- Daughter Mr. Jagdish Jaidka

Spouse: Smt. Ritu Jaidka-Wife, Mr. Rohan Jaidka - Son, Smt. Divya - Daughter

ii. Enterprises where KMPs and their relatives have significant influence

Jaidka Woollen & Hosiery Mills Pvt. Ltd.

Jaidka Hosiery Factory (Regd.)

Shivam International Limited Jay International

12. The company is a single segment company engaged in the trading of Textile and allied products, therefore the disclosure requirements of Accounting Standard ( AS )- 17 on "Segment Reporting" is not applicable to the Company.

13. The CSR Policy is not applicable to the Company as the criteria specified in Sub-Section (1) of section 135 of the Company Act 2013 with regard to net worth/tumover or net profit is not fulfilled.

14. EMPLOYEES BENEFITS:

1. Contribution to provident fund and employee's state insurance are not applicable to company.

2. The company does not have any liability towards retirement benefits as on 31.03.2015. As such no disclosures are required under AS-15 issued by ICAI.

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Mar 31, 2013

1. CONTINGENT LIABILITIES AND COMMITMENTS

A) CONTINGENT LIABILITIES

a) Claims against the company not acknowledged as debts NIL (Prev. Year Rs.NIL)

b) Guarantees not provided For NIL (Prev. Year Rs.NIL)

c) Other money for which the company is contently liable NIL (Prev. Year Rs.NIL)

2. In the opinion of the board and to the best of its knowledge and belief, THE VALUE ON REALIZATION of current Assets loans & Advances in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet.

3. Balances in the accounts of Sundry Creditors. Sundry Debtors & Loans and Advances are subject to confirmation.

Under the Micro small and Medium Enterprises Development Act Which came in two force on October 2,2006 certain disclosures are required to be made relating to Micro Small and medium Enterprise The company is in the process of compiling relevant information from its suppliers about three coverage under the Act since the relevant information is not readily available no disclosures have been made in the accounts.

4. Previous year figures have been re-grouped and re-arranged wherever considered necessary.

5. The company has not accounted for the interest receivable on advances of Rs. 13 00 lacs in view of disputed and irrecoverable nature of loans and consequential remote possibility of recovery as on date the same shall be accounted for as and when realized or the possibility of recovery improves Further interest free loan of Rs,320.62 Lacs have been given to 3 parties but the recovery of these advances is not disputed This includes advances of Rs, 273.68 lacs given to M/s Shivam International Limited ( Related Patty).

6. In view of uncertainty of sufficient future taxable income deferred tax asset has/have not been created during this financial year on unabsorbed depreciation/carried forward of Business losses under Income Tax Law.

7 There are no amounts done for payment to the Investor Education & Protection Fund Under section 205 C of The Companies Act 1956 at the Year end.

8. Related Party Disclosure:

i. Key Management Personnel

Mr. Ashok Jaidka

Mr. Satish Jaidka

Mr. Jagdish Jaidka

ii Enterprise where KMPs and their relative have significant influence

Jaidka Woollen & Hosier} Mills Pvt. Ltd.

Jaidka Hosiery Factory (Regd.)

Shivam International Limited

9. The company is a single segment company engaged in the trading of Textile and allied products therefore the disclosure requirements of Accounting standard (AS) -17 on segment Reporting issued by the coalmines (Accounting Standards) Rules 2006 is not applicable to the company.

10. During the year company has received an amount of Rs,243375/- toward calls money due from shareholders The Board of Directors vide its resolution dated 01.05.2012 has waived the interest payable by the shareholders on the call money due.

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Mar 31, 2012

A) Terms/ rights attached to equity shares

The Company has only one class of equity shares having a par value of Rs. 10 per share. All these shares have the same rights and preferences with respect to payment of dividend, repayment of capital and voting. The Bonus or dividend shall be distributed amoung the members in proportion to the amounts paid or credited as paid on the shares held by the members.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the capital paid up or which ought to have been Paid Up at the commencement of the winding up on the shares held by the shares holders.

1. CONTINGENT LIABILITIES AND COMMITMENTS

A) CONTINGENT LIABILITIES:-

a) Claims against the company not acknowledged as debts NIL (Prev. Year Rs.NIL)

b) Guarantees not provided for NIL (Prev. Year Rs.NIL)

c) Other money for which the company is contingently liable NIL (Prev. Year Rs.NIL)

B) COMMITMENTS:-

a) Estimated amount of contracts remaining to be executed on capital account and not provided for NIL (Prev. Year Rs.NIL)

b) Uncalled Liability on shares and other investments partly paid up NIL (Prev. Year Rs. NIL)

2. In the opinion of the board and to the best of its knowledge and belief, the value on realization of Currents Assets, Loans & Advances in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet.

3. Balances in the accounts of Sundry Creditors, Sundry Debtors & Loans and Advances are subject to confirmation.

4. Under the Micro, Small and Medium Enterprises Development Act. Which came into force on October 2, 2006, certain disclosures are required to be made relating to Micro, Small and Medium Enterprises. The Company is in the process of compiling relevant information from its suppliers about there coverage under the Act. Since the relevant information is not readily available, no disclosures have been made in the accounts.

5. Previous year figures have been re-grouped and re-arranged wherever considered necessary.

6. The company has not accounted for the interest receivable on advances of Rs. 13.00 lacs in view of disputed and irrecoverable nature of loans and consequential remote possibility of recovery as on date. The same shall be accounted for as and when realized or the possibility of recovery improves. Further interest free loan of Rs.2.68 crore have been given to 3 parties, but the recovery of these advances is not disputed.

7. In view of uncertainty of sufficient future taxable income, deferred tax asset (assets) has/have not been created during this financial year on unabsorbed depreciation/carried forward of Business losses under Income Tax Law.

8. There are no amounts due for payment to the Investor Education & Protection Fund Under section 205 C of The Companies Act 1956 at the Year end.

9. Related Party Disclosure:

i. Key Management Personnel Mr. Ashok Jaidka Mr. Satish Jaidka Mr. Jagdish Jaidka

ii. Enterprises where KMPs and their relatives have significant influence Jaidka Woollen & Hosiery Mills Pvt. Ltd. Jaidka Hosiery Factory (Regd.) Shivam International Limited

10. The company is a single segment company engaged in the trading of Textile and allied products, therefore the disclosure requirements of Accounting Standard ( AS )- 17 on "Segment Reporting" issued by the Companies ( Accounting Standards ) Rules, 2006 is not applicable to the Company

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Mar 31, 2010

1. In the opinion of the board and to the best of its knowledge and belief, the value on realization of Currents Assets, Loans & Advances in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet.

2. Balances in the accounts of Sundry Creditors, Sundry Debtors & Loans and Advances are subject to confirmation.

3. Previous year figures have been re-grouped and re-arranged wherever considered necessary.

4. Under the Micro, Small and Medium Enterprises Development Act. Which came into force on October 2,2006, certain disclosures are required to be made relating to Micro, Small and Medium Enterprises. The Company is in the process of compiling relevant information from its suppliers about their coverage under the Act. Since the relevant information is not readily available, no disclosures have been made in the accounts.

5. The Company has not accounted for the interest receivable on certain advances in view of the pendency of legal proceeding and on some irrevocable loans and consequential remote possibility of recovery as on date. The same shall be accounted for as and when realized or the possibility of recovery improves.

6. In view of uncertainty of sufficient future taxable income, deferred tax asset (assets) has/have not been created during this financial year on unabsorbed depreciation/carried forward of Business losses under under Income Tax Laws.

7. Related Party Disclosure

1. Enterprises where Directors are interested

Jaidka Woollen & Hosiery Mills Pvt. Ltd.

Jaidka Hosiery Factory (Regd.)

Jay International

2. Kev Manaement Personnel

Mr. Ashok Jaidka

Mr. Satish Jaidka .

Mr. Jagdish Jaidka

8. The Company has not complied with the provisions of u/s 383 a of the Companies Act, 1956 relating to the employment of full-time Company Secretary. The efforts of the Company have not resulted in any positive results so far.

9. Earning Per Equity Share

Basic earring per share is calculated by dividing the net profit/loss for the year attributable to the equity shareholders by the weighted average of the number, of equity shares outstanding during the year (4406020 shares). The Basic and diluted earring per Share are the same.