| 1. Corporate Information
Parth AUuminium Limited is a limited company domiciled in India and
incorporated under the provisions of Companies Act, 1956. The Company
is engaged in green house projects.
2. Contingent Liabilities
As informed to us, there are no contingent liabilities as on Balance
Sheet Date.
3. In the opinion of Board of Directors of the company current assets,
loans & advances are approximately of the same value stated, if
realized in ordinary course of business.
4. Balance of certain sundry debtors, sundry creditors, and advances
and deposit are subject to confirmation / reconciliation.
5. The company has not received intimation from many suppliers
regarding their status under Micro, Small and Medium Enterprise
Development Act, 2006. Further, there are no Micro and small enterprise
to which company owes dues, which are outstanding for more than 45 days
as on 31st March, 2014. This information is required to be disclosed
under the said Act, has been determined to the extent such parties have
been identified on the basis of information available with the company.
6. Figures of the previous years have been regrouped / rearranged
wherever necessary & rounded off to nearest rupee.
7. Wherever Documentary Evidence was not available for our
verification, we have relied on the authentication of the Management.
8. During financial year 1998-99, Income Tax Department has taken
search operations in the premises of the company on 08.12.1998 and the
same challenged by the Company and the same is pending before the High
Court of Gujarat, the Company does not envisage any Income Tax
Liability for the same.
9. The company is listed with Ahmedabad Stock Exchange, Bombay Stock
Exchange and Jaipur Stock Exchange, however due to non-payment of Fees
to the Ahmedabad & Jaipur Stock exchange, current Status of both
exchange is not known.
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