| (Amount in Rs.)
As at 31st March
Particular 2014 2013
1 CONTINGENT LIABILITY
a) Contingent liabilities not provided
for in respect of Guarantee given by 1,30,00,000 1,30,00,000
Canara bank to National Securities
Clearing Corporation limited ( Rs. 80 lacs)
and Stock Holding Corporation of
India Limited (Rs. 50 lacs) #
b) Estimated amount of contracts
remaining to be executed on capital 20,01,085 26,84,687
account and not provided for
(net of advances)
# : The above bank guarantees extended by Canara Bank is secured by
pledge of fixed deposits and also secured by way of equitable mortgage
of a company's Immovable Property. The said facilities are further
secured by personal guarantees of three directors of the Company.
2 Revaluation of Office Premises was carried out as on 31.03.96 by an
approved Valuer. The revaluation resulted in an increase of Rs.
13,11,255/- in the value of the assets over its net book value as on
31.03.96 which has been credited to Revaluation Reserve. Depreciation
for the year ended 31.03.2014 of Rs. 21,373/- on revalued portion has
been adjusted with Revaluation Reserve.
3 Previous year's figures have been regrouped/reclassified wherever
necessary to correspond with the current year's
classification/disclosure
4 Figures have been rounded off to nearest rupee.
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