| (A) ADDITIONAL NOTES ON ACCOUNTS
1) The Company is contingent Liability in respect:-
2) In accordance with A5-13 the long term investments held by the
company are to be carried at cost. All the investments of the Company
have been considered by the management to be of long-term nature.
3) The company has identified doubtful debt of Rs. 13.87 Crores (Pr.Yr. Rs.
11.98 Crore) and there against made NPA Provision of Rs.291.31 Lacs (Pr.
Yr. Rs. 157.64 Lacs) as per prudential norms of RBI Act and rules,
including fraud-covered NPA amounting to Rs.NIL (Previous year Rs.160.21).
The fraud covered NPA is fully written off amounting toRs. 215.79 Lacs.
4) Pursuant to the Provisions of Section 135 of the Companies Act 2013
read with companies (Corporate Social Responsibility Policy) Rules 2014
the company has provided for an amount of 718.5 Lacs towards the
discharge of Corporate Social Responsibility.
5) During the year company has written off certain loan creditors
amounting to Rs. 8127240 and the same is shown as exceptional item.
6) Segment Reporting:
Based on the accounting principles given in AS -17 "Segment Reporting"
issued by the Institute of Chartered Accountants of India, the size of
operation of wind power segment does not come under Reportable segment.
Accordingly the company has no reportable segment other than finance.
7) There are no dues payable to small scale undertaking in view of the
business of the nature of the company.
8) Depreciation on fixed assets is provided on straight line method as
per the estimated remaining useful life of assets pursuant to t h e
provisions of section 123 read with Schedule II - Part C of The
Companies Act, 2013. Accordingly the depreciation for the Current year
is taken at Rs.3799817. Had the earlier method been followed the
depreciation would have been at Rs.12246884.
9) Additional Information as required under Part II clause (viii) (d)
of Schedule III of the Companies Act, 2013 in respect of payment of
Dividend in foreign exchange:
- No. of Shareholders : One
- Total no. of shares held : 2770000 equity shares
- Dividend for the Financial Year: 2013-14
- Amount remitted : INR 2770000 (USD 57584.93).
10) As per AS-3 the Cash Flow Statement is enclosed herewith.
11) Disclosure in the Balance Sheet under Non-Banking Financial Company
as required by RBI as per their Circular RBI/2008-09116
DNBS(PD).CC.No.l25/03.05.002/2008-2009, Guidelines for NBFC-ND-SI as
regards capital adequacy, liquidity and disclosure norms is enclosed as
per Statement-"A".
12) Figures related to previous year regrouped/rearranged wherever
necessary.
13) The figures have been rounded off to the nearest multiple of a
rupee.
14) Figures of Debtors and Creditors are subject to confirmation,
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