Notes to Accounts of Praveen Properties Ltd.

Mar 31, 2015

1. The company has one class of equity shares having a par value of Rs.10 per share. Each shareholder is eligible for one vote per share held.

2. Details of Shareholders holding more than 5% of the equity shares of face value of Rs.10 per share in the company

3 Additional information Pursuant to the provisions of paragraphs 3 and 4 of Part III of Schedule VI of the Companies Act, 2013 - NIL

4. Earnings in foreign exchange and expenditure in foreign currency during FinancialYear-NIL

5. Depreciation on fixed assets provided as per schedule XIV of the Companies Act, 2013

6. The Balance of sundry creditors is subject to confirmation from the parties. As soon as confirmations are received, they will be provided before the auditor.

7. Remuneration to Managing Director

Salary - Nil

Perquisites - Nil

Total - Rs. Nil

8. Remuneration to Auditors Fees

Internal Audit Fees - Rs. 18,000

Statutory Audit Fees - Rs. 15,000

Total - Rs. 33,000

9. Value of work-in-progress is valued including cost of materials, labour and transport charges and stock of materials has been valued at cost and certified by the Managing Director.

10. Provision for gratuity has not been made as none of the employees has completed five years of service.

11. Figures are rounded off to the nearest tens.

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Mar 31, 2014

1) Additional information Pursuant to the provisions of paragraphs 3 and 4 of Part III of Schedule VI of the Companies Act, 1956 - NIL

2) Earnings in foreign exchange and expenditure in foreign currency during Financial Year-NIL

3) Depreciation on fixed assets provided as per schedule XIV of the Companies Act, 1956

4) The Balance of sundry creditors is subject to confirmation from the parties. As soon as confirmations are received, they will be provided before the auditor.

5) Remuneration to Managing Director

Salary - Rs. 2,40,000

Perquisites - Nil

Total - Rs. 2,40,000

6) Remuneration to Auditors Fees

Internal Audit Fees - Rs. 18,000

Statutory Audit Fees - Rs. 15,000

Total - Rs. 33,000

7) Value of work-in-progress is valued including cost of materials, labour and transport charges and stock of materials has been valued at cost and certified by the Managing Director.

8) Provision for gratuity has not been made as none of the employees has completed five years of service.

9) Figures are rounded off to the nearest tens.

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Mar 31, 2013

1) Value of work-in-progress is valued including cost of materials, labour and transport charges and stock of materials has been valued, at cost and certified by the Managing Director.

2) Provision for gratuity has not been made as none of the employees has completed five years of service.

3) Figures are rounded off to the. nearest tens. .

4) Additional information Pursuant to the provisions of paragraphs 3 and 4 of Part III of Schedule VI of the Companies Act, 1956 - NIL

5) Earnings in foreign exchange and expenditure in foreign currency during Financial Year-NIL

6) Depreciation on fixed assets provided as per schedule XIV of the Companies Act, 1956

7) The Balance of sundry creditors Is subject to confirmation from the parties. As soon as confirmations are received, they will be provided before the auditor.

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Mar 31, 2012

(a) The company has one class of equity shares having a par value of Rs.10 per share. Each shareholder is eligible for one vote per share held.

(b) Details of Shareholders holding more than 5% of the equity shares of face value of Rs.10 per share in the company

1) Additional information Pursuant to the provisions of paragraphs 3 and 4 of part III of Schedule V of the Companies Act, 1956 - NIL

2) Earnings in foreign exchange and expenditure in foreign currency during Financial Year-NIL

3) Depreciation on fixed assets provided as per schedule XIV of the Companies Act, 1956

4) The Balance of sundry creditors is subject to confirmation from the parties. As soon as confirmations are received, they will be provided before the auditor.

5) Value of work-in-progress is valued including cost of materials, labour and transport charges and stock of materials has been valued at cost and certified by the Managing Director.

6) Provision for gratuity has not been made as none of the employees has completed five years of service.

7) Figures are rounded off to the nearest tens.

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Mar 31, 2010

1) Additional information Pursuant to the provisions of paragraphs 3 and 4 of part III of Schedule V of the Companies Act, 1956 - NIL

2) Earnings in foreign exchange and expenditure in foreign currency during Financial Year-NIL

3) Depreciation on fixed assets provided as per schedule XIV of the Companies Act, 1956

4) The Balance of sundry creditors is subject to confirmation from the parties. As soon as confirmations are received, they will be provided before the auditor.

5) Remuneration to Managing Director :-

6) Remuneration to Auditors Fees :-

7) Value of work-in-progress is valued including cost of materials, labour and transport charges and stock of materials has been valued at cost and certified by the Managing Director.

8) Provision for gratuity has not been made as none of the employees has completed five years of service.

9) Figures are rounded off to the nearest tens.