Microse India Ltd. के अकाउंट के लिये नोट

Mar 31, 2024

8. Provisions

A provision is recognized when the Company has a present obligation as a result of past
event, it is probable that an outflow of resources embodying economic benefits will be
required to settle the obligation and a reliable estimate can be made of the amount of the
obligation. Provisions are not discounted to their present value and are determined based
on the best estimate required to settle the obligation at the reporting date. These estimates
are reviewed at each reporting date and adjusted to reflect the current best estimates.

9. Cash and Cash Equivalent

Cash and cash equivalents for the purposes of cash flow statement comprise cash at bank
and cash/ cheques/ drafts on hand and short term investments with an original maturity of
three months or less.

24. NOTES ON ACCOUNTS:-

^{v ln the} opinion of the Board of Directors the aggregate value of Current Assets and Loans &
Advances on realization in the ordinary course of business will not be less than the amount
at which they are stated in the balance sheet. The provisions of all known liabilities are
adequate and reasonable.

* Valuation of Investments, for Non Current long term investments has been carried on at
cost, however as mentioned some shares are non traded in market which are listed in
stock exchange and some shares are non listed, therefore it is difficult to ascertain its
realizable value.

> Shares held in stock in trade are valued at cost.

The additional disclosure requirements as per amendments to schedule III of Companies
Act 2013 are as follows: -

> (i) There is no Capital Work -in- progress and intangible asset under development

> (ii) Corporate Social Responsibility (CSR) is not applicable to the company as per section
135 of Companies Act ,2015

> (iii)Loans granted to promoters, directors, KMP and related party - Not applicable

(iv) Utilization of Borrowed Funds - Funds borrowed by the company have been utilize for
their intended purpose.

> (v)There is no bank return /stock statement filled by the company with bank.

'' (vi)Registration of charges or satisfaction. There are no charges against the company.

" (vii)Reiationship with Struck off Companies: Not Applicable.

'' (xi)Valuation of Investment Property, Property Plant and Equipment and Intangible
Assets: Not Applicable and no revaluation was done of Fixed assets.

'' (x)Utilization of Borrowed funds and share premium (Diversion of Funds)- Not applicable

'' (xi)Willful Defaulter: The company is not declared as willful defaulter.

^> (xii)Benami Property: There is no Benami Property held in the name of the company.

" (xiii)Compliance with approved Scheme(s) of Arrangements: Not Applicable.

^ (xiv)Compliance with number of layers of companies: No such compliance.

'' (xv)Statement of Changes in Equity: There''s no change in the Statement of Equity.

'' (xvi)Crypto Currency: The Company has not traded or invested in Crypto or Virtual
Currency.

^r The Figures for previous year have been regrouped / rearranged whenever necessary to
confirm to current year’s classification.

As per Our report of even date

For Toderwal & Toderwal LLP For and on behalf of the Board of Directors

Chartered Accountants

Firm Reg.no. 111009W/W100231

^Sd/- Sd/- Sd/-

(C.A. Kunal S Toderwal) (Shyam Sunder) (Saurabh Garg)

Partner Director Director

Mem.No. 137804 DIN: 00355837 DIN: 00376890

UDIN:24137804BJZWQR6066

Place: Mumbai Sd/- Sd/-

(Manoj Chaudhari) (Amit Kumar Mishra)

Date:29/05/2024 CEO CFO

^Sd/-

(Mini Goyal)

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Mar 31, 2014

1. In the opinion of the Board of Directors the aggregate value of Current Assets and Loans & Advances on realization in the ordinary course of business will not be less than the amount at which they are stated in the balance sheet. The provisions of all known liabilities are adequate and reasonable.

2. Valuation of Investments, for Non Current long term investments has been carried on at cost, however as mentioned shares are non traded in market which are listed in stock exchange and other are non listed and therefore it is difficult to ascertain its realizable value. Investments are not provided for the reduction in value other then temporary nature.

3. Segment Reporting :- The Company considers business segment (business of trading in shares, securities, future and option) as its primary segment.

4. Shares held in stock in trade are valued at cost.

5. The Figures for previous year have been regrouped / rearranged whenever necessary to confirm to current year''s classification.

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Mar 31, 2013

1. General Corporate Information:

M/s. Microse India Limited (the company) is a limited company domiciled in India and incorporated under the companies Act 1956. The company is doing business of Trading and Investment in Shares, Securities, Future and Option

2. In the opinion of the Board of Directors the aggregate value of Current Assets and Loans & Advances on realization in the ordinary course of business will not be less than the amount at which they are stated in the balance sheet. The provisions of all known liabilities are adequate and reasonable.

3. Valuation of ''investments, for Non Current long term investments has been carried on at cost, however as mentioned shares are non traded in market which are listed in stock exchange and other are non listed and therefore it is difficult to ascertain its realizable value. Investments are not provided for the reduction in value other then temporary nature.

4. The Company has sold one of its Fixed Assets during the year, sales proceeds have been disclosed in other Income.

5. Segment- Reporting :- The Company considers business segment (business of trading in shares, securities, future and option) as its primary segment.

6. The Figures for previous year have been regrouped / rearranged whenever necessary to confirm to current year''s classification.

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Mar 31, 2012

1. General Corporate Information:

M/s. Microse India Limited (the company) is a limited company domiciled in India and incorporated under the companies Act 1956. The company is doing business of Trading and Investment in Shares, Securities, Future and Option

2. In the opinion of the Board of Directors the aggregate value of Current Assets and Loans & Advances on realization in the ordinary course of business will not be less than the amount at which they are stated in the balance sheet. The provisions of all known liabilities are adequate and reasonable.

3. Segment Reporting

The Company considers business segment (business of trading in shares, securities, future and option) as its primary segment.

4. The financial statements for the year ended 31.03.2011 had been prepared as per the then applicable, pre revised schedule VI of the companies Act, 1956. Consequent to the notification of revised schedule VI under the companies Act, 1956, the financial statements for the year ended 31st March 2012 are prepared as per revised schedule VI. Accordingly, the previous year figures have also been re-classified to confirm to this year classification. The adoption of revised schedule VI for the previous year figures does not impact recognition & measurement principles followed for preparation of the financial statements.

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Mar 31, 2010

1. In the opinion of the Board of Directors the aggregate value of Current Assets and Loans & Advances on realization in the ordinary course of business will not be less than the amount at which they are stated in the balance sheet. The provisions of all known liabilities are adequate and reasonable.

2. Unsecured Loans includes amount of Bs.44J6.929/- (P.Y. Rs.7,19,258/-) taken from parties In which director are interested}

3. Creditors Include amount of Rs.6,434/- (P.Y. Rs.12,434/-) payable to parties in which director are interested.

4. The previous years figures have been reworked, regrouped, rearranged and/or reconciled wherever necessary.

5. DEFERRED TAX LIABILITY :

In Deferred tax resulting from timing difference between book profit and taxable profit is accounted for using the tax rate and laws that have been enacted or substantively enacted as on the balance sheet. The deferred tax assets/liabilities is recognized and carried forward only to the extent that there is a reasonable / virtual certainty that the assets will be realized in future.

5. Related Party Disclosure - Transactions have taken place during the year with parties related to the Company including Key Management personnel.

The following persons will be considered as related persons for the year ended 31st March, 2010.

Key Management Personnel

Shyam Sunder Agrawal, Director Pratik Garg , Son of Directors Brother

Associate Companies & Firm

Matsun Financial Pvt. Ltd

Berg Trading Private Limited

City Land & Housing Pvt. Ltd.

Closing Balance as on 31.03.2010 Rs.7,423 Thousand credit Balance.

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Mar 31, 2009

1. In the opinion of the Board of Directors the aggregate value of Current Assets and Loans & Advances on realization in the ordinary course of business will not be less than the amount at which they are stated in the balance sheet. The provisions of all known liabilities are adequate and reasonable.

2. Unsecured Loans includes 7,19,258/- taken from parties In which director are interested.

3. Creditors Include amt. of Rs.12,434/- payable to parties in which director are interested.

4. The previous years figures have been reworked, regrouped, rearranged and/or reconciled wherever necessary.

5- DEFERRED TAX LIABILITY :

In Deferred tax resulting from timing difference between book profit and taxable profit is accounted for using the tax rate and laws that have been enacted or substantively enacted as on the balance sheet. The deferred tax assets/liabilities is recognized and carried forward only to the extent that there is a reasonable / virtual certainty that the assets will be realized in future.

6. Related Party Disclosure - Transactions have taken place during the year with parties related to the Company including Key Management personnel.

The following persons will be considered as related persons for the year ended 31st March, 2008.

Key Management Personnel Enterprise in which Key Management Personnel and their Relatives and Company are able to exercise significant influence.

Shri. Shyam Sunder Agrawal Matsun Financial Pvt.Ltd

-do- Berg Trading Private Limited

-do- City Land & Housing Pvt.Ltd.