Inflame Appliances Ltd. இன் கணக்கு குறிப்புகள்

Mar 31, 2018

b. Terms / rights attached to equity shares

Each holder of equity share is entitled to one vote per share with a right to receive per share dividend by the Company when declared. In the event of liquidation the equity shareholders will be entitled to receive remaining assets of the Company after distribution of all preferential amounts in the proportion to the number of equity shares held by them.

NOTE NO. 1 - The Company has not received the required information from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosures relating to Micro and Small Enterprises have not been made.

NOTE NO. 2 - There is no contingent liability as on March 31, 201 8.

NOTE NO. 3 - Earnings in Foreign Exchange - Nil

NOTE NO. 4 - Expenditure in Foreign Exchange - Nil

NOTE NO. 5 - Loss in Foreign Currency Fluctuation - Rs. 148492.00

NOTE NO. 6 - During the year ended March 31, 2018 the revised Schedule VI notified under the Companies Act 1956 has become applicable to the company for preparation and presentation of its financial statements. The adoption of revised Schedule VI does not impact recognition and measurement principles followed for the preparation of financial statements. The company has also reclassified the previous year figures in accordance with the requirements applicable in the current year.

NOTE NO. 7 - Figures of previous year have been regrouped reclassified and recast wherever considered necessary.