Short Term Debt

3 Months Ended

12 Months Ended

Mar. 31, 2019

Dec. 31, 2018

Mann- India Technologies Private Limited [Member]

Short Term Debt

Note 11	Short Term Debt
	The following is a summary of Short-term debt including related parties as of March 31, 2019 and December 31, 2018:

		As at March 31, 2019		As at December 31, 2018
		(Unaudited)
Lathika Regunathan*	a	$	5,295	$	8,601
Sushil Chaudhary*	a		-		11,895
Noor Qazi	a		52,138		96,364
Roopam Shyam*	a		-		22,783
Asa Portfolio Private Limited*	b		-		117,858
Yukti Securities Private Limited*	c		4,805		47,804
		$	62,238	$	305,305

	* includes accrued interest payable till date.
a	These loans from directors are unsecured loans and are due on demand. During the years ended December 31, 2018 interest @ 13.5 % has been paid on the outstanding balance. Subsequently, these loans are being converted in to share capital.
b	Loan payable to Asa Portfolio Private Limited is an unsecured loan which is due on demand and bears interest rate @ of 13.5% annually. Interest expense on the loan for the three months ended March 31, 2019 and 2018 was $2,310 and $3,387, respectively. Mr. Sushil Chaudhary (director in Asa Portfolio Private Limited) is shareholder of the Company.
c	Loan payable to Yukti Securities Private Limited is an unsecured loan which is due on demand and bears interest rate @ of 13.5% annually. Interest expense on the loan for the three months ended March 31, 2019 and 2018 was $94 and $1,424 respectively. Yukti Securities Private Limited is one of the promoter shareholder.
	The entire balance is reflected as a current liability as the amounts are either due on demand or due within the next twelve months.

Note 11	Short Term Debt
	The following is a summary of Short-term debt including related parties as of December 31, 2018 and December 31, 2017:

		As at December 31, 2018		As at December 31, 2017
Lathika Regunathan*	a	$	8,601	$	2,456
Sushil Chaudhary*	a		11,895		-
Noor Qazi	a		96,364		56,561
Roopam Shyam*	a		22,783		-
Asa Portfolio Private Limited*	b		117,858		115,680
Yukti Securities Private Limited*	c		47,804		46,662
		$	305,305	$	221,359

	* includes accrued interest payable till date.
a	These loans from directors are unsecured loans and are due on demand. During the years ended December 31, 2018 interest @ 13.5 % has been paid on the outstanding balance. Subsequently, these loans are being converted into share capital.
b	Loan payable to Asa Portfolio Private Limited is an unsecured loan which is due on demand and bears interest rate @ of 13.5% annually. Interest expense on the loan for the years ended December 31, 2018 and 2017 was $13,952 and $14,154, respectively. Mr. Sushil Chaudhary (director in Asa Portfolio Private Limited) is shareholder of the Company.
c	Loan payable to Yukti Securities Private Limited is an unsecured loan which is due on demand and bears interest rate @ of 13.5% annually. Interest expense on the loan for the years ended December 31, 2018 and 2017 was approximately $5,702 and approximately $5,709 respectively. Yukti Securities Private Limited is one of the promoter shareholder.
	The entire balance is reflected as a current liability as the amounts are either due on demand or due within the next twelve months.