No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other person(s) or entity(ies), including foreign entities (“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the Company (Ultimate Beneficiaries).
The Company has not received any fund from any party(s) (Funding Party) with the understanding that the Company shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Company (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
Note- 39 : Relationship with Struck off Companies: The Company did not have any transactions with companies struck off under Section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.
Note- 40 : No transactions to report
Against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:
a) Loans/ Advance granted to Directors/Promoters/ KMP/ Related parties
b) Crypto Currency or Virtual Currency
c) Title Deeds of Immovable property not held in the name of Company.
d) Revaluation of Property, Plant and Equipment’s
e) Intangible Assets under development
f) Benami Property held under Benami Transactions (Prohibition) Act, 1988 (45 of 1988)
g) Compliance with number of layers of companies
h) Compliance with approved Scheme(s) of Arrangements
i) Undisclosed Income under Income Tax Act, 1961
j) Charges to be filed and pending satisfaction
k) Relating to borrowed funds
i) Wilful defaulter
ii) Borrowings obtained on the basis of security of current assets
iii) Discrepancy in utilization of borrowings
iv) Current maturity of long term borrowings
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