The previous yeafsfigures have been reworked, regrouped, and reclassified wherever necessary. Amounts and other disclosures forthe preceding year are included as an integral part of the current annual financial statements and are to be read in relation to the amounts and other disclosures relatingto the current financial year.
27. The Company has rot revalued its Property, Plant and Equipment for the current year.
28. There has been noCapital work in progress forthe current yearof the company.
29. There isno Intangible assets underdevelopment in the currentyear.
30. Credit and Debit balances of unsecured loans, Trade Payables, sundry Debtors, loans and Advances are subject to confirmation and therefore the effect of the same on profit could not be ascertained.
31. Since the company has taken unsecured lean which is given by director of company but for that company has not any agreement in writing.
32. The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.
33. The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.
34. No proceeding has been initiated or pending against the Company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988, as a mended, and rules made thereunder.
35. The company has rot been declared as willful defaulter by any bank or financial institution or government or government authority.
36. The Company has not advanced or loaned to or invested in funds to any other person(s) or entity(is), including foreign entities (Intermediaries) with the understandingthatthe Intermediary shall:
a. directly or indirectly lend to or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or
b. provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries
37. The Company has not received any fund from any person(s) orentity(is), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall
c. directly or indirectly lend to or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or
d. Provide any guarantee, security or the like on behalf of the Ultima:e Beneficiaries.
38. The company does not have transaction with the struck off under section 248 of companies act, 2013 or section 560 of Companies act 1956.
39. The company is in compliance with the number of layers prescribed under clause (87) of section 2 of company's act read with companies (restriction on number of layers) Rules, 2017.
40. Related Parties Disclosure: -
The Disclosures of Transaction with the related parties as defined in the related parties as defined in the Accounting Standard are given below:
As per Accounting Standard 18, issued by the Chartered Accountants of India, The Disclosures of Transaction with the related parties as defined in the related parties as defined in the Accounting Standard are given below:
The company has initiated the process of obtaining the confirmation from suppliers who have registered themselves under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act, 2006) but has not received the same in totality. The above information is compiled based on the extent of responses received by the company from its suppliers.
45. Title deeds of immovable Property
Tittle deeds of immovable property has not been held in the name of promoter, director, or relative of promoter/ director or employee of promoters/ director of the company, hence same are held in the name of the company.
46. Loans or Advances in the nature of loans to promoters, directors, KMPs and the related parties:-
No Loans or Advances in the nature of loans are granted to promoters, directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person.
47. Compliance with approved Scheme(s) of Arrangements
The Company does not have made any arrangements in terms of section 230 to 237 of companies act 2013, and hence there is no deviation to be disclosed.
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