| 1. Estimated contracts remaining to be executed on capital account and
not provided for amounts to Rs. 10 lakhs. (Previous year Rs. 25 lakhs)
2. Contingent Liability
31.03.2000 31.03.1999
Rs. Ps. Rs. Ps.
i. Bill discounted with Schedule
Bank 11.04 Lakhs 25.75 Lakhs
ii. Bank Guarantee 0.93 Lakhs 2.93 Lakhs
iii. Income Tax Nil Nil
iv. Claims Against the company not
Acknowledged as debt Nil Nil
3. Raw material consumed includes cost
of sale in the case of pepper.
31.03.2000 31.03.1999
Rs. Ps. Rs. Ps.
4. Value of imports of CIF-Basis Nil Nil
5. Payment to whole-time Directors
A. Salary Paid/payable 206900 117900
B. Contribution to Provident and Other
Funds Nil Nil
6. Directors sitting Fee 3900 3750
7. Loans from Bank
The term loans from State Bank of Travancore, Pathanamthitta are
secured by equitable mortgage of land together with all buildings and
machinery existing and or to be constructed/installed. Working Capital
loan is secured by hypothecation/pledge of stocks of raw materials,
Packing material, consumable stores and spares, stock in process,
finished goods, book debts, receivables, goods in transit and held by
shipping agents and other current assets/letter of credit/confirmed
order and equitable mortgage of land.
8. In the opinion of the management, Current Assets, Loans and Advances
shall realise the value as disclosed in the Balance Sheet.
9. Auditors's Remuneration
Statutory audit Rs. 25000/-
Other Services Rs. 10500/-
10. Previous years figures have been regrouped wherever necessary.
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