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.
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