30) i) Contingent liability in respect of capital contracts remaining to be executed - Rs. 25.84 (PY Rs. 25.84)
ii) Other Contingent liabilities- Rs. 0.77 in respect of demand outstanding at TDSCPC (PY 0.36)
iii) Company has not provided any corporate guarantee.
31) Debit and Credit balances are subject to confirmation.
32) In the opinion of the Board of Directors, the current assets have value on realization in ordinary course of business at least equal to the amount at which they are stated except as otherwise stated.
35) Disclosure regarding loans given, investments made and guarantee given pursuant to section 186(4) of the Companies Act, 2013:
a) Loan Given: Nil
b) Investment Made: Nil
c) Guarantee Given: Nil
36) Segment Reporting
The Company does not have more than one business segment and hence segment reporting is not applicable.
40) Figures have been rounded off to the nearest rupee and those in brackets represent corresponding figures for the previous year.
41) The company has not incurred any Financial Lease obligation during the current financial year however the company has paid Rs. 14.13 Lacs (P.Y. Rs. 14.85 Lacs) during the current financial year towards office rent which would be classified as operating lease.
42) Additional regulatory information required by Schedule III of Companies Act, 2013:a) Details of Benami property:
No proceedings have been initiated or are pending against the Company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.
b) Utilization of borrowed funds and share premium:
The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:
a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company (Ultimate Beneficiaries) or
b. provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries
The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:
a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or
b. provide any guarantee, security or the like on behalf of the ultimate beneficiaries
c) Compliance with number of layers of companies:
The Company has complied with the number of layers prescribed under the Companies Act, 2013.
d) Compliance with approved scheme(s) of arrangements:
The Company has not entered into any scheme of arrangement which has an accounting impact on current or previous financial year.
e) The Company has not been declared as a wilful defaulter by any bank or financial institution or government or any government authority.
f) Struck off Companies:
Details of relationship with Companies struck off under Section 248 of Companies Act, 2013 or Section 560 of the Companies Act, 1956
g) Undisclosed income:
There is no income surrendered or disclosed as income during the current or previous year in the tax assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.
h) Details of crypto currency or virtual currency:
The Company has not traded or invested in crypto currency or virtual currency during the current or previous year.
i) The figures have been rounded off to the nearest lacs of rupees upto two decimal places. The figure 0.00 wherever stated represents value less than ' 1000/-.
Notes referred to above form part of the accounts as per our report of even date attached.
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