sejal architectural glass limited - Securities and Exchange Board of ...

A complaint bearing Complaint No. 635 of 1998 was filed in the District Consumer Disputes Redressal
Forum, Mumbai on December 12, 1998 by the Complainants against the opposite party, in respect of
recovery of a sum of Rs. 54,000/- as payable on maturity of the bonds @ 18% p.a. as interest, a sum
of Rs. 20,000 towards interest paid on borrowings and mental tension suffered by arranging the funds
and an amount of Rs. 10,000/- towards the cost and expenses incurred in the correspondence and
towards cost of the complaint. The District Consumer Disputes Redressal Forum, by its order dated
September 28, 2000 ordered the Opposite Party to pay to the Complainants a sum of Rs. 54000/- with
interest @ 12% per annum and Rs. 1000/- as costs towards the Complaint. The Complainants have not
got any response or payment of the decretal amount and have therefore filed an Appeal before the
Consumer Disputes Redressal Commission, Maharashtra.
The said Appeal is pending before the Consumer Disputes Redressal Commission, Maharashtra.
Cases filed against our Directors
There are no cases filed against our directors.
V. Past Penalties Levied in the Last Five Years
The following penalties have been imposed on our Company by the Assistant Sales Tax Officer,
Dadra and Nagar Haveli, under Rule 10(2) of the Central Sales Tax (Dadra and Nagar Haveli)
Rules, 1983
Assessment Penalty imposed Brief particulars regarding
Year
(In Rs.)
penalty
1999 – 2000 500/- Penalty imposed for not
filling the quarterly returns
in time.
2000-2001 500/- Penalty imposed for not
filling the quarterly returns
in time.
2002-2003 1,54,649/- Penalty imposed for short
payment.
2004-2005 1,62,033/- Penalty of Rs. 1,61,033/charged
as penal interest
for duty not paid and Rs.
1000/- imposed for not
filing the returns timely
and correctly.
VII. Amount owed to Small Scale Undertaking and Other Creditors:
209
Remarks
(Paid / Payable)
Paid
There are no small scale undertakings to whom our Company owes a sum exceeding Rs. 1 Lac which is
outstanding more than 30 days, as on September 30, 2007. However, our Company owes an agreegate
amount of Rs.7,24,69,132 to various other creditors’ exceeding Rs. 1 Lac individually, which is
outstanding more than 30 days, as on September 30, 2007.
Litigation with respect to our Promoters / Promoters Group and other Ventures of our Promoters
Sejal Glass House
Paid
Paid
Paid