PROVISIONING FOR STANDARD ASSETS :
The Reserve Bank Of India vide their notification has issued direction to NBFC-ND-SI &
NBFC-SI to make provision of 0.35% on STANDARD ASSETS from the financial year 2024¬
2025. Since the Company does not come under the current definition of NBFC-ND-SI the
Company has made provision @ 0.25% in the previous year. Since the Amount of Standard
assets during the financial year 2024-25 is less than the previous financial year, the
company has not made provision on standard asset for the financial year 2024-25.
NOTE 18 OTHER NOTES ON ACCOUNTS
BALANCE SHEET AS AT 31ST MARCH, 2025
i Based on the information / documents available with the Company, no creditor is covered under Micro, Small and
Medium Enterprise Development Act, 2006. As a result, no interest provision/payments have been made by the
Company to such creditors for the year ended 31st March 2025.
ii Loans & advances balances are subject to confirmation by the respective parties .
iii Segment Report :
The Company is engaged in the business of Non-Banking Financial Services and there are no separate reportable
segments as per Accounting Standard 17.
iv Related Party Disclosure :
As per accounting statndard 18 no information for related parties.
KEY MANAGEMENT PERSONNEL ( KMP )
1. Sagar Mal Nahata - Managing Director
2. Adya Ojha - Company Secretory
v The Company has Complied this information based on the current information in its possession. As at 31.03.2015,
Amount due to Micro Small and Medium Enterprises as on 31.03.2025 Rs. NIL ( PY Rs. NIL )
vi The Financial Statements and Notes on Accounts has been prepared as per the Companies Act, 2013
with their Schedule as the same is effective from 1st April, 2014
vii Provision for taxation on Income for the year has been made under the tax calculated on income under normal
computation as per income tax act being higher than the tax computed under section 115JB of the income tax act.
viii No Provision has been made on account of gratuity as none of the employees have put in completed years of Service
as required by the payment of Gratuity Act.
ix The Leave Salary for the Financial Year 2023-2024 has been paid to the employees during the Financial Year
2024-2025.
x Previous Year figures have been regrouped, rearranged or recasted wherever considered necessary.
xi Informations required to be furnished under paragraph 9BB of Non-Banking Financial Companies Prudential Norms
(Reserve Bank) Directions, 1998 is given in separate Annexure.
In terms of our report of even date
For and on behalf of the Board of Directors BERiwAL & ASSoaATES
sd/- Sagar Mal Nahata, din.00307611 (MD) ( Chartered Accountants )
sd/- Sandip Kumar Bej, din.02738193 (Director)
sd/- Sujit Kumar Panda, din.06873319 (Director)
sd/- Rishi Kant Tiwari, din.08029578 (Director)
( SUNIL BERIWAL )
(Proprietor )
Date:28.05.2025 M.No : 055302
Place : Kolkata Firm Registration No : 327762E
UDIN NO. 25055302BMIBVS4612
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