The move, which might have been to avoid the wrath of the Ministry of Corporate Affairs (MCA), also revealed that Vadra's Sky Light Hospitality booked a profit of about Rs 33 crore (Rs 330 million) from its controversial sale of a land parcel in Haryana's Manesar.
Though the document was dated August 30, 2013, it became available on MCA's website more than a year later, on October 16. Before this, the company had last filed its balance sheet in May 2012 for the year ended March 2011.
Against this, an item of "advance against sale of assets" of Rs 50 crore (Rs 500 million) was written off by the company. After adjusting for accumulated losses of Rs 7.1 crore, Sky Light ended the year with reserves of Rs 26.12 crore (Rs 261.2 million).
"There were two sets of business advances against purchase of property, one of which amounting to Rs 50 crore resulted in a satisfactory conclusion of purchase of commercial land and the second advance of Rs 15 crore was fully refunded," DLF had said in a statement after an expose by India Against Corruption in October 2012.