Filing Of Revised Quarterly Result (Q1) For The Quarter Ending 30Th June 2017
The company has to pay a sum of Rs.9.72 crores to its group companies as on 31st March 2017. As there was no resources to pay back the amount and there is no income expected in the near future to pay the amount to the creditors, the directors discussed the situation with the creditors and the creditors accepted the situation and ready to write of the amount in their accounts. Based on the discussion, Board of directors written off the payables...28-08-2017