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You can view the entire text of Notes to accounts of the company for the latest year

BSE: 512064ISIN: INE762D01011INDUSTRY: Finance & Investments

BSE   ` 99.68   Open: 94.99   Today's Range 94.99
99.68
+4.69 (+ 4.71 %) Prev Close: 94.99 52 Week Range 65.00
112.49
Year End :2014-03 
1 SHARE CAPITAL

(A) Rights, Preference and Restriction attached to Shares

Voting right of every holder of Equity Shares shall be in proportion to his share of the paid up Equity Capital of the Company on every resolution placed before the company, and shall be entitled for Dividends as recommended by the Board of Directors in the particular year.

In the event of liquidation, Equity Shareholders are eligible to receive the remaining assets of me Company after distribution of ail preferential amounts, in proportion to their shareholding.

(B) Shares held by Holding/ultimate holding company and/or their subsidiaries/associates

Vishvprabha Trading ltd has no holding company, Hence the number of shares held by Holding/ultimate company is NIL

2 TRADE PAYABLES

The Company does not have any Sundry Creditors for goods as on the date of the Balance Sheet. Hence, disclosure of information as required under Micro, Small and Medium Enterprises Act 2006 is not applicable,

3 SEGMENT INFORMATION

a) Primary Segment

The business segment has been considered as the primary segment. The company is engaged in only one reportable segment.

b) Secondary Segment

The company operates in India and hence there are no geographical segments.

4 RELATED PARTY DISCLOSURES

During the year the company has not undertaken any transaction with parties that require disclosure as per Accounting Standard 18 on related party transaction.

5 CAPITAL COMMITMENTS

The Company has no outstanding commitment on Capital Contract.

6 CONTINGENT LIABILITIES : NIL

7 ADDITIONAL COMMENTS

i. In the opinion of the Board the current assets, and advances if realized in the ordinary course of business have value on realization at least to the amount at which there are stated in the Balance Sheet. The provision for all known liabilities are adequate and not in excess of the amount reasonable necessary.

ii. Sundry Liabilities are subject to confirmation.

iii. Figures have been rounded off to nearest Rupees.

iv. On assessment of the impairment of fixed assets of the company as at the Balance Sheet date as required by Accounting Standard 28 "Impairment of Assets" issued by the ICAI, the company is of the view that no provision for impairment of fixed assets is required.

v. The previous year's figure have been reworked, regrouped, rearranged and reclassified wherever necessary.