| (A) CONTINGENT LIABILITIES NOT PROVIDED FOR
F.Y.
2014-15 F.Y.
2013-14
(i) Claims against the company not
acknowledged as debts Nil Nil
(ii) Estimated amounts of contracts remaining to
be executed on Capital Accounts and not provided for Nil Nil
(B) IN THE OPINION OF DIRECTORS
(i) The current assets and loans and advances are approximately of
value stated if realized in the ordinary course of business except to
the extent of impairment, if any.
(ii) The provision for all known liabilities is adequate and considered
reasonable.
(C) Balances of Sundry Debtors, Creditors and other Advances are
subject to confirmation/reconciliation and consequential adjustment if
any arising there to shall be considered in due course of time.
(D) RETIREMENT BENEFITS
Liability for Gratuity and Leave encashment is being provided based
upon the certificate of Actuarial at the end of the year. _____
(E) Segment Reporting (AS-17)
1- Primary Segment: The identification of Business segment is done in
accordance with the system adopted for internal financial reporting to
the board of directors and management structure. The company has
identified products as primary segment.
2- Secondary Segment: The company had operated in one segment only.
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