| 1. Since the Company operates in a single segment i.e. "Paper & Paper
Board". Accounting Standard (AS) 17-" Segment Reporting" issued by the
institute of Chartered Accountants of India is not applicable.
2. Balances of Trade receivable, Trade payables and Advances as at
31st March, 2014 are subject to confirmation.
3. In the opinion of Board of Directors, the Current Assets, Loans &
Advances have the value at which they are stated in the Balance Sheet
as at31.03.2014 if realised in ordinary course of business.
4. Trade receivble includes Rs. 76.35 lacs for which suits are pending
in the court. In the opinion of Board of Directors, they are good as
fully recoverable.
5. The fixed Assets Register is under preparation, hence the book
Records and Physical verification of Fixed Assests could not be
reconciled. The steps are Being taken to complete it at the earliest.
6. The bifurcation of the total outstanding dues of small scale
industrial undertaking and other than small scale industrial
undertaking as well as the name small scale industrial, undertaking to
whom the company owes a sum of exceeding rupees one lacs and which is
outstanding for more than thirty days, are not disclosed in the Balance
Sheet as suppliers have not indicated their status on their
documents/papers whether they are small scale undertaking or not hence
it is not possible for the company to disclose the said information in
respect of trade creditors.
7. Previous year figures have been re-arranged and re-grouped wherever
necessary.
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