A) . Contingent Liabilities:
Exparte decree dated 24.09.2007 was set aside by the honorable Madras
High Court in its order dated 24.09.2012 on payment of deposit of Rs
10.00 Lakhs and the case is pending before the appropriate court.
B) Remuneration to the Directors : NIL
C) Letter seeking confirmation of debit & credit balances have been
sent to the parties and some are still awaited.
D) The company does not have a qualified whole time company secretary
as stipulated under Section 383A of the Companies Act, 1956.
E) Previous year's comparative figures are re-grouped and recast,
wherever necessary to the extent practicable for uniformity in
presentation
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