| Note 1.: Sundry balances written off includes Debit Credit balance
both. Dr. amount Rs.1440672 & Cr. Amt. Rs.18186
b. Commitments
There are no contracts remained to be executed on capital account
* Estimated amount involved in suits. The company has been advised that
the demand is likely not to be raised or deleted substantially and as
such no provision is considered necessary
** In AY 2008-09, a disallowance of brought forward depreciation was
made totalling to Rs.168.39 lacs which stands confirmed by the first
appellate authority. However, the company is advised that there is
strong case in favor of the assessee and the Hon'ble ITAT may give a
substantial relief in the matter. As such no provision is being made
against the same
*** The guarantee given is in respect of Spectrum Foods Ltd. which is a
associate concern of the assessed
Note 2: Financial & Derivative Instruments
The company has not entered into any long term contracts including
derivative contracts during the year.
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