



| 1. SIGNIFICANT ACCOUNTING POLICIES | ||||||
| D. | RECOGNITION OF INCOME AND EXPENSES | |||||
| Items of Income and expenses are recognised in these account on accrual basis. | ||||||
| E. | EMPLOYEE BENEFITS | |||||
| i. | Short Term employee benefits are recognised in the period in which employee render the related services. | |||||
| ii. | No post employment benefits and other long term benefits are payable to any employee. | |||||
| F. | MISCELLANEOUS EXPENDITURE | |||||
| Preliminary expenses have been fully written off during the year. | ||||||

