f) The Company has only one class of equity shares. The holders of equity shares are entitled to receive dividend was declared from time to time and are entitled to one vote per share.
g) 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 dues. The distribution will be in proportion to the number of equity shares held by the shareholders.
h) Equity Shares by way of fully paid bonus shares were issued in the Financial Year 2013-14. The details are as follows:
Note 8 Fixed Assets: As Per Separate Sheet Attached Note 9 Long Term Loans and Advances
Mar 31, 2015
1.1. Preliminary expenses are amortized over a period of five years.
1.2. Previous year's figure are re-grouped or rearranged wherever
necessary.
1.3. The Provision regarding additional information as required under
Para 4C and 4D of Part II of schedule III to the Companies Act are not
applicable.
1.4. In the opinion of the management and to the best of their
knowledge and belief the value of the realization of current assets,
loans & advances in the ordinary course of the business would not be
less than the amount at which they are stated in the Balance Sheet and
the provisions for all known and determined liabilities are-adequate
and not in excess of the amount reasonably required.
1.5. Earning Per Share (EPS):
The Earnings considered in ascertaining the Company's EPS comprises
the net profit (loss) and includes the post tax effect of any
extraordinary items. The number of shares used in computing Basic EPS
is weighted average number of shares outstanding during the year.
1.6. Additional information pursuant to the provision contained vides
part II of the schedule ill of the Companies Act. 2013.
I. Earning in foreign Exchange : NIL
li. Expenditure in Foreign Currency : NIL
III. Opening stock Purchase, Sales and Closing Stock: Not Applicable.
1.7. Managerial Remuneration to Directors during the year is NIL.
1.8. Taxation:
(a) Provision for current year tax is determined on the basis of
provisions on Income Tax Act, 1961.
1.9. Revenue recognition:
Revenue is recognized on transfer of significant risk and reward in
respect of ownership.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.