2. In case of liquidation, the equity shareholders shall be entitled for proportionate share of their holding in the assets remained after distribution to call creditors and preference shareholders, if any
3. Details of Share Holder holding more than 5% of Equity Shares
4. Employee Benefit
The company/assessee does not recognize post employment benefits as required by Accounting Standard 15 (Revised) issued by the Institute of Chartered Accountants of India. However, in the absence of any actuarial valuation or required details, we are unable to ascertain the effect of the same on the profit or loss for the year.
5. Foreign Income & Expenditure
No Income & Expenditure have been incurred in foreign currency during the year.
6. Previous year Figures
These Financial Statements have been prepared in the format prescribed by the Revised Schedule VI to The Companies Act, 1956 as notified by the Central Government of India. This has significantly impacted the disclosure & Presentation made in the financial Statement Previous year's figures have been regrouped / restated wherever necessary to make it comparable with the current year's figures.