1. During the Financial year 2005-06 the company had entered into a
Partnership Deed cum Joint Venture Agreement with M/s.Ultra Home
Construction Ltd. for construction of Residential Housing Project in
the name and style of
"Amarpali Grand" at Greater Kloida at Plot No.GH -09, Sector Zeta -I
Greater Noida. The land measuring 11.3 Acres approx. originally
allotted in the name of Bihariji Ispat Udyog Ltd. To facilitate the
transaction bank accounts was opened in the name of Bihariji Ispat
Udyog Ltd. with Allahabad Bank, Anand Vihar, Delhi where deposits were
received from advance booking etc. and utilised for payment of Land
Dues and other project expenses. Since, all such transactions were
done for the Joint "Venture hence, not accounted for in the books of
the Company as the same are accounted in the books of the aforesaid
Joint Venture.
2 Debit/Credit balances of parties accounts are subject to
confirmations.
3 Estimated amount of capital contracts remaining to be executed
Rs.9,88,37,637/- (Rs. 11,66,60,000).
I) LIST OF RELATED PARTY
(a) Where control exists:- Jotindra Steel & Tubes Umited (i)
Quality Synthetic Industries Ltd (ii)
(Hi) J . S . T . Engineering Services Ltd.
(iv) Aakshi Exports (P) Ltd.
(v) V . K . Flats Pvt. Ltd.
(vi) Saroj Metal Works Private Ltd.
(vii) Chakra Exports (P) Ltd.
(viii) R a m Forgings Pvt Ltd.
(ix) Radha Estate (P) Ltd.
(x) Subhlaxmi Properties (P) Ltd.
(xi) A to Z Solutions Bryond Software (P) Ltd.
(xii) Sunraj Farms Pvt. Ltd.
(xiii) Mauria Udyog Limited
(xiv) Sureka Tube Industries Pvt. Ltd.
(xv) Vaishnodevl Properties Pvt. Ltd.
(xvi) Sri Naryan Rajkumar Merchants Ltd.
(xvii) Dwarkadish Construction Pvt. Ltd.
(xviii) Srinarayan Raj Kumar Merchants Ltd
(ixx) Bihariji Fancy Fibers & Fabrics Ltd.
(XX) Bhama Properties (P) Ltd.
(xxi) P . O . Metal Industries (P) Ltd.
(xxii) Udayanchal Leasing Exports (P) Ltd.
(xxiii) VeeKay Surglcals Pvt Ltd.
(xxiv) V L Estate (P) Ltd.
(XXV) VEE EM Info center (P) Ltd.
(xxvi) S K D Estates Pvt Ltd .
(xxvii) M/s Rashl Developers
(xxviii) M/s Amr apali Grand
Mr. N.K.Sureka
(b) Key Management Personnel
Relative of Key Management Personnel
(c) whom transaction have taken place during the year).
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