Jun 30, 2012
1. CONTIGENT LIABILITY NOT PROVIDED FOR
a. In respect of non fulfillment of export obligations on advances
licenses is unascertainable.
b. Claim from the Toepfer International Asia Pvt. Ltd. Singapore for
Rate difference not acknowledged as debt US$ 6526 and UK Pounds 2290.
c. Property tax (house tax) Rs. 100000/- by Municipal Corporation,
Ludhiana.
2. Balances of certain receivable and payables are subjects to
confirmation and reconciliation, However in the opinion of management,
difference on reconciliation, if any, will not be material.
3. Previous year figures have been regrouped / recasted wherever
necessary.
4. Figures have been rounded of to the neares rupee.
Jun 30, 2010
1. CONTIGENT LIABILITY NOT PROVIDED FOR
(a) In respect of non fulfillment of export obligations on advances
licenses is unascertainable.
(b) The income Tax liability for the Assesment Year assessed at
Rs.141978/- against which the Company has filed an appeal with the
Tribunal, which is still pending. However, the Company has already
deposited the full amount of Income Tax.
(c) Claim from the Toepfer International Asia Pvt. Ltd. Singapore for
rate difference not acknowledged as debt US$ 6526 and UK Pounds 2290.
(d) Property tax (house tax)- Rs.100000/-by Municipal Corporation,
Ludhiana.
2. Balances of certain receivable and payables are subjects to
confirmation and reconciliation, However in the opinion of
management, difference on reconciliation, if any, Will not be
material.
3. Previous year figures have been, regrouped / recasted wherever
necessary.
4. Figures have been rounded of to the nearest rupee.
7. ADDITIONAL INFORMATION REQUIRED UNDER PARA 3 & 4 OF THE PART II OF
SCHEDULE VI TO THE COMPANIES ACT, 1956.
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