Mar 31, 2014
1. Share Capital
Terms/Rights attached to equity shares
The company has only one class of equity shares having a par value of
Rs. 10/- per share. Each holder of equity shares is entitled to one
vote per share.
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 number of equity shares held.
2. Contingent Liabilities: There are no Contingent liabilities as on
date.
3. The Company has no Subsidiaries.
4. No outstanding amounts payable to micro, small and medium
enterprises.
5. Segment information:
Revenue of the Company comes from a single segment of operating
activities, as also economic environment in the whole of country is
one, Segment Reporting as required under Accounting Standard - 17 has
not been given.
6. CIF value of import in respect of capital goods: Nil.
Expenditure and Earnings in Foreign Currency: Nil (Previous Year: Nil)
7. Retirement benefits/Gratuity will be considered in accounts on
payment basis. However no employee qualifies for the same.
8. There were no employees in respect of remuneration of Rs.
24,00,000/- or more per annum or Rs. 2,00,000/- or more per month, if
employed for part of the year.
9. Additional information pursuant paragraphs 3, 4C and 4D of part II
of schedule of VI of the companies Act, 1956 is not applicable to the
Company.
10. Figures for the previous year are regrouped and rearranged,
wherever necessary.
11. On 20th February 2014, The Board for Industrial and Financial
Reconstruction has sanctioned restructuring scheme. As per the said
scheme on 20th February 2014 company has de-rated the existing equity
capital of the company by sixty percentage and unsecured loans amount
worth of Rs. 3,00,00,000/- has converted into equity share capital.
Mar 31, 2013
1. Contingent Liabilities: There are no Contingent liabilities as on
date.
2. The Company has no Subsidiaries.
3. No outstanding amounts payable to micro, small and medium
enterprises.
4. Segment information: Revenue of the Company comes from a single
segment of operating activities, as also economic environment in the
whole of country is one, Segment Reporting as required under Accounting
Standard  17 has not been given.
5. CIF value of import in respect of capital goods: Nil. Expenditure
and Earnings in Foreign Currency: Nil (Previous Year: Nil)
6. Retirement benefits / Gratuity will be considered in accounts on
payment basis. However no employee qualifies for the same.
7. There were no employees in respect of remuneration of Rs.24,
00,000/- or more per annum or Rs.2, 00,000/- or more per month, if
employed for part of the year.
8. Additional information pursuant paragraphs 3, 4C and 4D of part II
of schedule of VI of the companies Act, 1956 is not applicable to the
Company.
9. Figures for the previous year are regrouped and rearranged,
wherever necessary.
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