Naval Technoplast Industries Ltd. இன் கணக்கு குறிப்புகள்

Mar 31, 2010

1 Previous year figures have been regrouped / rearranged wherever found necessary.

2 In opinion of the Board of Directors Current Assets, Loans & Advances have a value on realisation at least equal to the amount at which they are stated in the Balance Sheet.

3 Debit balance and Credit balance of parties are subject to confirmation.

4 Provision for taxation has been made in accordance with the provision of Income Tax Act, 1961. The company has recognised Deffered Tax Liability for Rs. 1,13,25,476/- in respect of timing differencies arrising out of Depreciation as per Companies Act & Income Tax Act & other expenses allowable under income tax on payment basis as per Companies Act & Income Tax Act.

5 Provision for Doubtful Debts is not being made from Debtors outstanding for more than 6 months or any other Debtors whose payments have been delayed since the outstanding amounts have been guaranteed by our Del - Credere agents. Commission to the extent of amount outstanding has not been paid to the commission agents.

6 Directors Remuneration

(Inclusive of Taxable value of Perquisites provided)

7 Related Party Disclosure :

Related party disclosures, as required by AS-18, "Related Party Disclosures" are given below :

a Relationships :

a Subsidiary of the Company -

The Company does not have any subsidiary company.

b Other Related Parties :

Naval Overseas Pvt. Ltd. Naval Chemicals Industries

Naval Pen Company Eskay Plast Processors

Nimesh N. Tibrewala Hitesh P. Tibrewala

Sharadchandra K. Tibrewala Punit V. Tibrewala

Mayank S.Tibrewala Lalitadevi N Tibrewala

Saritadevi N Tibrewala Anjudevi P Tibrewala

Vimalkumar K Tibrewala Ampee Industries

Pavan Industrial Enterprises Naval Singapore Pte Ltd

Nimesh & Co. Savitridevi K. Tibrewala

Precision Engineering Comapany

c Directors

Shri N K Tibrewala - Managing Director Shri P K Tibrewala - Executive Director

Shri K N Bhavsar - Director Shri Nimesh Tibrewala - Director

Shri M R Agrawal - Director

8 Segment Information :

The Company is engaged in the business of manufacturing & trading of Spares required by yarn manufacturing units such as bobbins,Tubes,Card Can etc. which is a single segment as defined by " Accounting Standard 17-Segment Reportig" .In opinion of the managment there does not exist seperate reportable geographocal segment, as risks and returns are not different in different geopraphical segment, in which company is dealing.