h) ICDS-X Provisions. Contingent Liabilities and contingent Assets:

Provisions involving substantial degree of estimation in measurement are recognized when there is
present obligation as result of past events and it is probable that there will be an outflow of resources.
Contingent Liabilities are not recognized but are disclosed in the notes. Contingent Assets are neither
recognized nor disclosed in the financial statements.

i) Provisions related to ICDS-II valuation of inventories, ICDS-III Construction contracts, ICDS-VI Foreign
Currency transaction, ICDS-VII Government Grants, ICDS-VIII Securities are not applicable.

j) Previous year figures have been regrouped/ recast wherever necessary.

k) Other accounting policies are in accordance with generally accepted accounting practices.

The company is not declared as a willful defaulter by any Bank or Financial Institution or other
lender.

9 Relationship With Struck off Companies

None of the company with whom company has any transaction, has been strucked
off.

10 Following are the details of charges registered in the name of company at ROC:

13 There is no scheme of arrangement approved in the case of company by the competent authority in
terms of sec 230 to 237 of the Companies Act, 2013.

14 The company has not advanced or loaned or invested funds nor received funds with the
understanding that the same shall be lent / received to/from any other entity.