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RELATED PARTY TRANSACTIONS
12 Months Ended
Mar. 31, 2024
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 6- RELATED PARTY TRANSACTIONS

 

During the year ended March 31, 2024 and 2023, the Director and Officer of the Company advanced $67,381 and $16,629 to the Company to support operating cost and was repaid of $56,549 and $18,995, respectively.

 

During the year ended March 31, 2024 and 2023, the Company incurred management salary to the Director and Officer of $55,520 and $56,600, respectively. As of March 31, 2024 and March 31, 2023, the accrued management salary was $692,689 and $635,477, respectively. As of March 31, 2024 and March 31, 2023, the total amount due to the Director and Officer was $741,901 and $676,706 respectively.

 

As of March 31, 2024 and March 31, 2023, the amount due to another Director of the Company of $1,255 and $1,256, respectively.

 

The loans to the related parties are unsecured, due on demand and non-interest bearing.

 

As of March 31, 2024 and March 31, 2023, the total amount due to related parties was $743,156 and $677,962, respectively.