Mar 31, 2009
1. The Company have shown investment of Rs.2790.89 lacs In group
companies at Cost; however these group companies are under provisional
liquidation.
2. Related Party Disclosures:
Name of related parties disclosures are as under.
Company Name Relationship Nature of transaction Amtinlacs
CRB Capital
Markets Ltd. Group Company Investment 1493.01
CRB Corporation
Ltd. Group Company Investment 947.88
CRB Asset Mgmt.
Co. Ltd Group Company Investment 50.0
CRB Arihant
Mangal Group Company Investment 300.00
Except Investment in above companies, there is no business transaction
with Company(s)/firms /proprietorship firms, which is under the same
management in which Directors of the Company are entrusted as Directors
and / or shareholders/partners or proprietor.
3. No provision is considered necessary by the management for
doubtful debtors, Loans, Advances and Other Current Assets although
they are outstanding for more than six months.
4. Gratuity, Leave Encashment and other retirement benefits will be
accounted for on payment basis.
5. The Company does not have any dues to Micro, Small and Medium
Enterprises as at 31.03.2009
6. In the opinion of the Board, there is no contingent liability as
at the Balance Sheet date.
7. Previous years figures have been regrouped / rearranged wherever
considered necessary.
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