NOTE 1 PAYABLES & RECEIVABLES
Balance of certain sundry debtors, loans & advances (including capital
advances), creditors and other process of confirmation/reconcil-
liation. The management is of the opinion that adjustment, in
liabilities if any, arising out of such reconcilliation would not be
material.
NOTE 2 ADVANCES RECOVERABLE
In the opinion of the Board, the current assets, loans and advances are
approximately of the value stated, if realized in the ordinary course
of business. The provision for known liabilities is adequate and not in
excess of amount reasonably necessary.
NOTE 3 MICRO SMALL AND MEDIUM ENTERPRISES DEVELOPMENT ACT, 2006
The company has not received intimation from suppliers regarding the
status under Micro Small and Medium Enterprises Act 2006 and hence
disclosures if any, relating to amounts unpaid as at the year end
together with Development interest paid/payable as required under the
said Act have not been given.
NOTE 4 REGROUPING OF FIGURES
The previous year figures have been recast/ regrouped whenever
considered necessary to facilitate comparison.
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