2.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the company , after distribution of all preferential amounts.However, no such preferential amounts exist currently.The distribution will be in proportion to the number of equity shares held by the shareholder.

3. Disclosure of transactions with related parties as required by Accounting Standard - 18 on 12 related party disclosures as prescribed by Companies (Accounting Standards) Rules, 2006.

A Related parties and nature of relationship:

1 Key Managerial Personnel:

a) Jignesh Shah

b) Usha Agarwal

c) Amit Gajjar

d) Nirav Shah

e) Falguni Shah

f) Dimpal Parmar

2 Enterprise over which Key Managerial Personnel are able to exercise significant influence:

a) Prashil Securities Private Limited

b) Venus Exploration Private Limited

c) Christy Comtrade Private Limited

d) Shakti Creative & Tradex Private Limited

4. The Company follows accrual systems of accounting.

5. The Financial statements are prepared under the historical cost convention in accordance with the normally accepted Accounting principles.

6. The recognition of revenue from the contract is by reference to the contract signed by the Company.

7. Wherever original bills/Vouchers were not available during the test checks applied during the course of our audit, we relied on the bills/vouchers prepared, produced and certified by the management.

8. Fixed Assets & Depreciation.

The entity does not have any Fixed Assets for the period under consideration.

9. Provision for Taxation:

The Company has not recognized any Deferred Tax Assets / Deferred Tax Liabilities on timing differences between accounting income and taxable income as the components for the same are not present for the year under consideration. The entity will recognise Deferred Tax Assets and Liabilities when there is a virtual certainty that sufficient future taxable income will be available against which such Deferred Tax Assets can be realized.

10. Contingencies and Capital Commitments:

As per the management, there were no Contingencies / Capital Commitments as on 31st March, 2015.

11. The Company has not received information from vendors regarding their status under the Micro, small and medium enterprises Development Act, 2006 and hence disclosure relating to amounts unpaid as at the year end together with interest paid / payable under this act, have not been given.

12. Balances are subject to confirmation.

13. Previous year's figures have been regrouped and rearranged wherever necessary, to make them comparable with those of current year.