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NOTES TO ACCOUNTS

Asian Flora Ltd.
You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 1.06 Cr. P/BV -0.07 Book Value (₹) -36.70
52 Week High/Low (₹) 3/3 FV/ML 10/100 P/E(X) 0.00
Bookclosure 30/09/2019 EPS (₹) 0.00 Div Yield (%) 0.00
Year End :2013-03 
1. Contingent Liabilities on a account of litigation with creditors/Parties is to the extent of Rs. 6.15 lakhs from 1998-99. Income Tax Liability demanded by the Department for an amount of Rs. 11,13,063/- has not been provided in the Books of Accounts.

2. Deferred Revenue Expenditure will be written off over a period of 5 years.

3. Preliminary and Public Issue Expenses will be written off over a period of 10 years.

4. Amount invested by Moerheim Roses & Trading India, Bangalore has been shown in Current Liabilities Account.

5. Balances under the heads Sundry Debtors, Sundry Creditors, Term Loans, Bank Balances and advances given by the company are subject to confirmations.

6. Estimated amount of contracts to be executed on Capital Account and not provided for on 31st March, 2012 is Rs. NIL (Previous Year : NIL)

7. Gratuity is not accounted during the year as there are no employees. advanced by KSIIDC, Bangalore are under the proposal of OTS.

8. Provision for deferred Tax liability/asset has not been provided for as the same does not arise in the case of the company.

9. The loan outstanding to KSIIDC, Bangalore , NHB, Bangalore are secured against the assets of the company and the same are under the personal guarantee of Mr. K. Bhanu Prasad, Mr. D. Raghava Rao & Mr. K. Madhava Rao.

10. Previous Year's figures have been regrouped wherever considered necessary.

11. Figures have been rounded off to the nearest Rupee.

12. Schedules 1-11 referred to in the Balance Sheet and Profit and Loss Account from an integral part of accounts.

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