Amal Ltd 2020-21

57 b) There were no undisputed amounts payable in respect of provident fund, employees’ state insurance, income tax, customs duty, cess, goods and service tax and other material statutory dues in arrears as at March 31, 2021 for a period of more than six months from the date they became payable. c) Details of dues of sales tax that have not been deposited as on March 31, 2021, on account of disputes are given as follows: d) The Company has not taken any loans or borrowings fromfinancial institutions, banks and government or has not issued any debentures. Hence reporting under Clause (viii) of the Order is not applicable to the Company. e) TheCompany has not raisedmoneys byway of initial public offer or further public offer (including debt instruments) or term loans and hence reporting under Clause (ix) of the Order is not applicable to the Company. f) To the best of our knowledge and according to the information and explanations given to us, no fraud by the Company and no material fraud on the Company by its officers or employees has been noticed or reported during the year. g) In our opinion and according to the information and explanations given to us, the Company has paid | provided managerial remuneration in accordance with the requisite approvals mandated by the provisions of Section 197 read with Schedule V to the Act. h) The Company is not a Nidhi Company and hence reporting under Clause (xii) of the Order is not applicable. i) In our opinion and according to the information and explanations given to us, the Company is in compliance with Section 177 and 188 of the Act, where applicable, Name of statute Nature of dues Forum where dispute is pending Period to which the amount relates Amount ( ` in lakh) The Gujarat Sales Tax Act, 1969 Sales tax (including interest and penalty) High Court of Gujarat 1999-00 10.39 The Gujarat Sales Tax Act, 1969 Sales tax (including interest and penalty) Joint Commissioner, Surat 2001-02 to 2003-04 52.47 CST Act, 1956 Sales tax (including interest and penalty) Gujarat Value Added Tax Tribunal, Ahmedabad 2003-04 3.31* *net of ` 50,000 paid under protest for all transactions with the related parties and the details of related party transactions have been disclosed in the Standalone Financial Statements, etc as required by the applicable accounting standards. j) During the year, the Company has not made any preferential allotment or private placement of shares or fully or par tly convertible debentures and hence reporting under Clause (xiv) of CARO 2016 is not applicable to the Company. k) In our opinion and according to the information and explanations given to us, during the year, the Company has not entered into any non-cash transactions with its Directors or Directors of its holding, subsidiary or associate companies or persons connected with them and hence provisions of Section 192 of the Act are not applicable. l) TheCompany is not required to be registered under Section 45-IA of the Reserve Bank of India Act, 1934. For Deloitte Haskins & Sells LLP Chartered Accountants Firm registration number: 117366W|W-100018 Samir R. Shah Partner Mumbai Membership number: 101708 April 22, 2021 UDIN: 21101708AAAACE5289