| Terms Loans are Secured by Hypothecation of Stock, Book Debts and Fixed
Assets.
Vehicle Loans are secured against vehicle acquired under the scheme.
Secured Loans from Banks are payable in Equal Monthly Installments upto
31st October, 2018.
Rate of Interest on Secured Term Loans vary between 13% p.a. to 15.25%
p.a.
Rate of interest on Secured Vehicle Loan is 10.50% p.a.
1. CONTINGENT LIABILITIES (TO THE EXTENT NOT PROVIDED FOR)
PARTICULARS 31.03.2015
Amount of Amount Paid
Contingent Liability
Excise Duty 855,875 855,875
PARTICULARS 31.03.2014
Amount of Amount Paid
Contingent Liability
Excise Duty 855,875 855,875
A) Related Party Where Control Exits
i) Key Management Personel - Ashwani Khemka - Chairman & Managing
Director
B) Details Of Related Parties With Whom Transactions Have Taken Place
During The Year
i) Ashwani Khemka - Chairman & Managing Director
ii) Mrs. Naina A. Khemka - Relative of Managing Director
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