| 1. The company has one class of equity shares having par value of Rs.
10/- per shares. Each holder of an equity share is entitle to one vote
per share
In the event of liquidation of the Company, the holders of equity
shares will be entitled to received remaining assets of the Company,
after distribution of all perferential amounts. The distribution will
be in proprotion to the number of shares held by the equity share
holders
2. There was no Foreign Currency transaction during the year.
3. Unexecuted Capital Commitments could not be ascertained (Previous
year - same).
4. Interim Financial Reporting :
The company has elected to publish quarterly financial results which
were subject to limited review by the statutory auditors.
5. Sundry Debtors, Sundry Creditors and Sundry Advance balance are
subject to Confirmation by the parties.
6. No provision for taxation has been made in the accounts in view of
carried forward losses from previous years.
7. The company does not have any outstanding liability exceeding a sum
of Rupees one lakh for the period of more than 30 days in respect of
small scale undertakings.
8. Defferred Tax:
The company has unabsorved depreciation & carried forward losses
available for set off under the Income Tax Act. 1961. However in view
of present uncertainty regarding generation of sufficient future
taxable income, Net Defferred Tax at the year end including related
undefferred tax for the year has not been recognised in the account on
prudent basis.
9. The figures in bracket represent the previous year figure unless
otherwise stated.
10. Segment information :
The Company's only business during the year is Green leaf growing &
selling, hence disclosure segment wise information is not applicable
under AS 17 "segment information (AS 17)". There is no geographical
segment to be reported.
11. The figures have been regrouped and rearranged wherever found
necessary and all figures are rounded off to the nearest rupee.
|