| Notes: 1.a
(i) Reconciliation of the number of shares and amount outstandi ng at
the beginning and at the end of the reporting period:
Note 1.b
There were no instances of shares being issued/allotted by way of bonus
shares or for consideration other than cash and no shares have been
bought back by the company during the period of five years immediately
preceding the date of balance sheet.
Notes: 2.a
The Board of Director have accepted deposits from closely related of
Directors. The company has filed annual return with R.B.I. In time. The
company at present maintained liquidity ratio as required by non
banking financial, companies rules ( 1971 ) of R.B.I. There is no any
default of repayment of deposits together with interest. Prospectus in
lieu of advertisement have not been produced before us.
Related Party Disclosures :
List of Related Parties with whom transactions have taken place during
the year.
2.b) Key Management Personnel Mr. Pravinbhai K. Patel Mr. Ankitbhai P.
Patel
2.C) Relatives of Key Management Personnel
Name of Party Related party Relationship
A.Patel & co Key Management personnel is Proprietor
Keshavlal Z Patel(HUF) Key Management personnel is Karta
Pravinkumar & co. Key Management personnel is Proprietor
Chaitali Patel Relative of Key Management Personnel
Hardik P.Patel(HUF) Relative of Key Management Personnel
Hardik P.Patel Relative of Key Management Personnel
Kailashben P.Patel Relative of Key Management Personnel
Kenaben H.Patel Relative of Key Management Personnel
Kapilaben B. Patel Relative of Key Management Personnel
Mihir B.Patel Relative of Key Management Personnel
Amratlal K. Patel Relative of Key Management Personnel
Babulal K.Patel Relative of Key Management Personnel
Nature of Security
(i) Loans are guaranteed against the Fixed deposit (Asset) of the
company (iii) Terms of Re-payment of Loan
Particulars Repayment Terms
The Navnirman Co Op Bank Ltd UCO Bank
Note 3 Trade Payables
Notes: 3.a
1 All the Balances of loans and Advances, Leassee, Depositors,
andsecurity depositors are subject to their balances confirmation.
2 In the opinion of the Board of Director, current Assets loans and
Advance of Business at least equal to the amount at which they are
stated.
3 Additional Information Pursuant to paragraphs 3 (I) (II), 4B and 4C
of Part - II of Schedule VI of the companies Act. 1956. These clause
are not applicable to company as company is lease finance company.
4. Generic Names Of three Principal Products/Services of Company ( As
Per Monetary Terms)
Items Code No. : N.A
Product Description : Hier Purchase
Items Code No. : N.A
Product Description : Leasing
Items Code No. : N.A
Product Description : Bill Discounting
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