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

BSE: 511187ISIN: INE570N01025INDUSTRY: Trading & Distributors

BSE   ` 2.00   Open: 1.97   Today's Range 1.90
2.14
-0.05 ( -2.50 %) Prev Close: 2.05 52 Week Range 1.73
3.18
Year End :2024-03 

10. CONTINGENT LIABILITIES

There is no any contingent liability.

11. TRADE RECEIVABLE AND PAYABLE

Balances of trade payable and receivable are subject to confirmation, reconciliation and
consequential adjustments, if any.

12. RELATED PARTY TRANSACTIONS

Subsidiary Company: Millennium Online (India) Ltd

15. The amount due to Micro & Small Enterprises are based on the information available with the
company.

16. Where the company has not used the borrowings from banks and financial institutions for the
specific purpose for which it was taken at the balance sheet date, the company shall disclose the
details of where they have been used :- Not Applicable

17. If, in the opinion of the Board, any of the assets other than Property, Plant and Equipment,
Intangible Assets and non-current investments do not have a value on realization in the ordinary
course of business at least equal to the amount at which they are stated, the fact that the Board is
of that opinion, shall be stated :- Not Applicable

18. Where the Company has revalued its Property, Plant and Equipment, the company shall disclose
as to whether the revaluation is based on the valuation by a registered valuer as defined under rule
2 of the Companies (Registered Valuers and Valuation) Rules, 2017:- Not Applicable

19. No Immovable Properties are held by the company.

21. CWIP Ageing : Not Applicable

22. CWIP Completion Schedule : Not Applicable

23. Intangible Tangible Assets under Development : Not Applicable.

24. The Company does not have any benami property, and no proceeding has been initiated against
the Company for holding any benami property.

25. The Company does not have borrowings on the basis of security of Current Assets: Not
Applicable.

26. The Company is not a declared wilful defaulter by any bank/ financial Institution/ other lender.

27. Relationship with Struck off Companies :- Not Applicable

28. Charges / Satisfaction yet to be registered with ROC beyond the statutory period along with
details and reasons thereof: Not Applicable

29. The Company has complied with number of layers prescribed under Section 2(87) of the Act,
the name & CIN of such layer of companies along with relationship / extent of holding

31. Any Scheme of Arrangements has been approved by the Competent Authority in terms of
sections 230 to 237 of the Companies Act, 2013, the company shall disclose that the effect of such
Scheme of Arrangements have been accounted for in the books of account of the Company 'in
accordance with the Scheme' and 'in accordance with accounting standards' and deviation in this
regard shall be explained :- Not Applicable

32. Company has Advanced/ Loaned/ Invested to any other person or entity, incl. foreign entities
with the understanding (recorded or otherwise) that the Intermediary shall Lend or invest in
Ultimate Beneficiaries Provide Guarantee/ Security/ etc. on behalf of Ultimate Beneficiaries :- Not
Applicable

33. Company has Received from any other person or entity, incl. foreign entities with the
understanding (recorded or otherwise) that the Company shall Lend or invest in Ultimate
Beneficiaries Provide Guarantee/ Security/ etc. on behalf of Ultimate Beneficiaries. Not Applicable

34. Details of any transaction not recorded in the books of accounts that has been surrendered or
disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such
as, search or survey or any other relevant provisions of the Income Tax Act, 1961), unless there is
immunity for disclosure under any scheme:- Not Applicable

35. The company not covered under section 135 of the companies act

36. The company has not traded or invested in Crypto Currency or Virtual Currency during the
financial year.

37. Previous year's figures have been regrouped / reclassified wherever necessary to correspond
with the current year's classification/disclosure.