NaturalShrimp Incorporated Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

DUE TO RELATED PARTY

DUE TO RELATED PARTY

12 Months Ended

Mar. 31, 2014

NOTE 5 - DUE TO RELATED PARTY

At March 31, 2014, the Company is indebted to the former Chairman of the Company (resigned effective August 5, 2011) for cash advances of $45,968 (2013 - $32,632). The amount is unsecured, non-interest bearing, has no specific terms of repayment, and will not be demanded within the following fiscal year.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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