(a) Terms / rights attached to equity shares:

The Company has one class of equity shares having a par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company, in proportion to their shareholding.

NOTE 2 : CURRENT ASSETS AND LOANS AND ADVANCES

In the opinion of the Board, all the assets other than fixed assets and non-current investments have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated. The Provision of all known liabilities is adequate and not in excess of the amount reasonably necessary.

NOTE 3 : RELATED PARTY DISCLOSURE

a. Details of Related Parties

Description of Relationship Names of Related Parties

Key Management Personnel (KMP)          Mr. Aneel Jain, Chairman &
                                        Managing Director

                                        Mr.Ramesh Chandra Pusola,
                                        Chief Financial Officer

                                        Ms. Surbhi Singhvi,
                                        Company Secretary (upto
                                        November 11,2014)

                                        Ms. Shagun Daga,Company
                                        Secretary (w.e.f. January 23,
                                        2015 to March 02,2015)

Relatives of KMP                        Swati Jain - Brother's wife
                                        Vimal Jain HUF

Company in which KMP / Relatives        ABJ Developers Private Limited
of KMP can exercise significant
influence                               M/s. Vineet Enterprises
                                        (Proprietor Mr. Vimal Jain)

Notes:

1) The list of related parties above has been limited to entities with which transactions have taken place during the year.

2) Related party transactions have been disclosed till the time the relationship existed.

The Company is to re - appoint a Company Secretary. The re-appointment of the Company Secretary is under proceeding as required under section 203 read with Rule 8A of the Companies Act, 2013, as such, the accounts have not been signed by a Company Secretary.

NOTE 4 : SEGMENT REPORTING

(i) Information about Primary Business Segment

The Company is exclusively engaged in the business of Web hosting. This, in the context of Accounting Standard 17 on Segment Reporting, is considered to constitute a single primary segment. Thus, the segment revenue, segment results, total carrying amount of segment assets, total carrying amount of segment liabilities, total cost incurred to acquire segment assets, total amount of charge for depreciation during the year are all as reflected in the financial statements for the year ended March 31,2015 and as on that date.

(ii) Information about Secondary Geographical Segments:

The Company has business activity in India only hence this, in the context of Accounting Standard 17 on Segment Reporting, is considered to constitute a single secondary geographical segment. Thus all revenue, total assets and capital expenditure are with in india as reflected in the financial statements for the year ended March 31,2015 and as on that date.

NOTE 5 : IMPAIRMENT OF FIXED ASSETS

There was no impairment loss on the fixed assets on the basis of review carried out by the management in accordance with Accounting Standard (AS) - 28 'Impairment of Assets'.

NOTE 6 : PROVISIONING REQUIREMENTS

The Company being a Non-Banking Financial Company is required to make provision against sub-standard assets, doubtful assets and loss assets as per RBI instructions contained in the Notification No. DNBS.193 DG(VL)-2007 dated February 22, 2007 as amended and Master Circular No. RBI/2014-15/55 dated July 1,2014, however, the Company has not made such provisions in the books of account. Due to the above, impact on the Profit for the year and, Loans to Other Parties and Reserve and Surplus as at March 31,2015.

NOTE 7 : PREVIOUS YEAR'S FIGURES

Previous year figures have been regrouped or rearranged, wherever considered necessary, to confirm with the current year's presentation.