KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

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SL. NO. 13 14 15 16 17 ASSESSMENT YEAR PARTICULARS DEMAND (RS. LACS) 2003-04 28.03.03 Notice dated 28.03.03 (penalty u/s 78(2) (a) reply filed on the same date and also appeal was filed Notice was issued by ACTO (FIS), Bhiwadi, Rajasthan 2002-2003 2004-05 Penalty order dated 28.03.04 u/s 78(2)(a) and 78(5) of RST, Act, 1994 by A.C.(A.E-I), Alwar 2004-2005 Penalty Order dated 16-02- 2004 u/s 78(5) of the RST Act, 1994 by A.C.(A.E-I), Alwar 2004-05 Penalty order dt. 22.09.04 u/s 78(5) by of RST Act A.C.(A.E- I), Alwar Illegal demand due to seizure without issuing an seizure memo and notice alleged that declaration Form-ST-18 C having important column blank. Penalty Order dated16-05- 2002 Illegal demand due to illegal seizure without issuing seizure notice Illegal demand due to goods not covered by proper documents Illegal demand due to order order issued in arbitrary manner merely rejecting our explanation 100 39,145 69,106 46,439 1,85,105 70,490 Paid Paid Paid Paid Paid STATUS Paid the penalty on 30.8.03 Appeal filed on 28-11- 2003 with the Deputy Commissioner of Appeal Appeal filed on 03-07- 02.The appeal decided in favour of Company by Deputy Commissioner of Appeals by Order dated 08-09-04. Further CTO (A/E) Alwar filed an appeal against this Order before Rajasthan Tax Board, Ajmer. Penalty paid on 28.03.04 and reply filed. Appeal was filed on May 20, 2004 Matter is still pending with the Deputy Commissioner of appeals Appeal was filed on 03-03-2005. Matter is still pending with the Deput Commissioner Appeal. Appeal filed on 10.11.04 Matter still pending with the Deputy Commissioner of Apeals.
3.2 CENTRAL EXCISE Commissioner of Excise and Customs vs. Kamdhenu Ispat Ltd. Parties to the case Plaintiff: Commissioner of Excise a n d Customs Respondent: Kamdhenu Ispat Limited 3.3 INCOME TAX S.No. 1. 2. Court in which it is filed and in which it is pending as on date High Court of Rajasthan at Jaipur ASSESSMENT YEAR Order of Deputy Commissioner of Income Tax, Alwar for Assesment year 1996-97 Order of Deputy Commissioner of Income Tax, Alwar for Assesment year 2001-02 PARTICULARS Charges / Allegation involved Dispute related to illegal levy of penalty by the Revenues department. The Period of Dispute is Sept 1998 to Feb 1999. Illegal disallowances/ Additions of expenses of Rs. 5.00 Lacs for the Assesment year 1996-97 Illegal disallowances/ Additions of expenses of Rs. 5.52 Lacs for the Assesment year 2001-02 101 Present Status Kamdhenu has appealed against the penalty imposed and Revenue department has also filed an appeal stating that the penalty imposed should be equal to the amount involved.. DEMAND (RS. LACS) 5.00 Lacs 5.52 Lacs 4. LITIGATION INVOLVING CIVIL LAWS There is no litigation pending against the Company involving civil laws. 5. LITIGATION INVOLVING LABOUR LAWS There is no litigation pending against the Company involving labour offences. STATUS Present Status Amount Involved & Provisions made in the financial statements The amount involved is Rs. 4, 48,627/- but the penalty imposed is 2,25,000/-.the amount is shown as contingent liability in the financial statments for the year ended on 31.03.2005 Company has filed an appeal before the Commissioner of Income Tax (Appeals ), Alwar through Appeal no. 297/97-98 Company has filed an appeal before the Commissioner of Income Tax (Appeals ), Alwar through Appeal no. 152/04-05. The Company has deposted Rs. 3.00 lacs under project.
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KAMDHENU ISPAT LIMITED DRAFT PROSPE
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DEFINITIONS AND ABBREVIATIONS Gener
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Abbreviations Abbreviation Full For
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RISK FACTORS An investment in equit
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mentioned under Class 1 to 42 cover
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(b) Any disruption/ discontinuance
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affect our operating results. We ar
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The central and state tax scheme in
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SUMMARY The following summary is qu
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THE ISSUE Equity Shares offered by
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of the Stabilisation Period allot,
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For the year ended August March Mar
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LEGAL ADVISOR TO THE ISSUE Luthra &
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2. Capital Buildup: The existing sh
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B. Promoter Group 1. Saurabh Agarwa
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Sl. Name of Date of Consid- No. of
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Sl. Name of Date of Consid- No. of
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7. The Pre-issue and Post-issue sha
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(b) Our top ten shareholders and sh
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OBJECTS OF THE ISSUE The proceeds f
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BASIS FOR ISSUE PRICE QUALITATIVE F
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STATEMENT OF TAX BENEFITS The Compa
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loss, such long -term capital loss
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Benefit available to Mutual Funds I
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Restrictions in external trade, bot
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to compete with the likes of China,
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III. Flat Products Flat products in
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· In China and other Asian countri
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BUSINESS OVERVIEW Kamdhenu Ispat Li
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PROCESS PROCESS FLOW CHART FOR PROD
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POWER The Company sources Power fro
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The sponge iron is one of the raw m
Page 65 and 66: We help them to get right people to
Page 67 and 68: 23. A.S. CEMENT INDUSTRIES, Patiala
Page 69 and 70: PROPERTY A. Properties owned by the
Page 71 and 72: S No. 6. 7. 8. Date & Tenure Name &
Page 73 and 74: OUR INDEBTEDNESS Sr. No 1 Lender &
Page 75 and 76: Main Objects The main objects of th
Page 77 and 78: OUR MANAGEMENT As per the Articles
Page 79 and 80: C. MR. SUNIL KUMAR AGARWAL Designat
Page 81 and 82: Company Secretary Secretarial & Leg
Page 83 and 84: PROMOTERS OUR PROMOTERS MR. SATISH
Page 85 and 86: 2. and accessories, automobile part
Page 87 and 88: The Board of Directors Kamdhenu Isp
Page 89 and 90: Annexure - II Statement of Assets a
Page 91 and 92: 7 The company is manufacturing CTD/
Page 93 and 94: Annexure - VII Performance Ratios:
Page 95 and 96: Principal Terms of Sanctioned Loans
Page 97 and 98: Financial Statements of Group Compa
Page 99 and 100: The Board of Directors of the Compa
Page 101 and 102: List of Shareholders as on 30.9.200
Page 103 and 104: MANAGEMENT’S DISCUSSION AND ANALY
Page 105 and 106: DEPRECIATION Depreciation on fixed
Page 107 and 108: of excise duty was 8% thereafter up
Page 109 and 110: Administrative and Other Expenses W
Page 111 and 112: Cost Of Goods Traded In The company
Page 113 and 114: Information required as per clause
Page 115: SL. NO. 5 6 7 8 9 10 11 12 ASSESSME
Page 119 and 120: 4.2 M/s. Kamdhenu Ispat Limited vs.
Page 121 and 122: II Outstanding litigations involvin
Page 123 and 124: Sales Tax ASSESSMENT YEAR PARTICULA
Page 125 and 126: 11. The Company has obtained consen
Page 127 and 128: BEHALF AND TOWARDS THIS PURPOSE, TH
Page 129 and 130: Public Issue expenses are estimated
Page 131 and 132: ISSUE INFORMATION Terms of the Issu
Page 133 and 134: Applications by Hindu Undivided Fam
Page 135 and 136: Payment Instructions 1. Payments sh
Page 137 and 138: 5. Investors can contact the Compli
Page 139 and 140: for public subscription and the bal
Page 141 and 142: POWER TO MODIFY RIGHT 11. (i) If at
Page 143 and 144: without any deduction or allowance
Page 145 and 146: there be no such Chairman or if at
Page 147 and 148: 69. The Director shall not be requi
Page 149 and 150: fit and any such appointment may (i
Page 151 and 152: present and entitled to vote there
Page 153 and 154: MATERIAL CONTRACTS AND DOCUMENTS FO
Page 155: DECLARATION All the relevant provis
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KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

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