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Directors Report of Aikyam Intellectual Property Consultancy Ltd.

Mar 31, 2014

Dear Stakeholders,

The Directors have pleasure in presenting the annual Report together with the Audited Accounts for the year ended 31st March, 2014.

FINANCIAL PERFORMANCE

This year Company has made a loss of Rs.7,34,854/-.

CAPITAL

This year Company has sub divided face value of Equity Share from Rs.10/- to Re.1/-. Subsequent to this, Share Capital of the Company is 4,35,98,000/- divided into 43598000 shares of Re.1/-.

DIVIDEND

In the event of losses, the Directors do not recommend any dividend for the year ended 31st March 2014.

DIRECTORS

Mr. P.S. Gupta and Mr. Noor Mohammed Khan has resigned during the year. The Board of Directors comprise of Mr. Dinesh Kumar Chouhan, Mr. Sharad Dadhich, Mr. Maksud Khan and Mr. Ranjeet Ranjan Thakur.

LISTING

The equity shares of the company is listed at Bombay Stock Exchange Limited.

DIRECTORS'' RESPONSIBILITY STATEMENT

In terms of section 217 (2AA) of the Companies Act, 1956, your directors confirm:

(i) that in preparation of the Annual Accounts, the applicable accounting standards had been followed;

(ii) that the applicable accounting policies have been consistently followed and that they had made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the Loss of the Company for that period.

(iii) that they had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; and

(iv) That they had prepared the annual accounts on a going concern basis.

INFORMATION AS PER SECTION 217 (1) (E) OF THE COMPANIES ACT, 1956

Your Company has no activity relating to conservation of energy or technology absorption. Your Company did not have any foreign exchange earnings or outgo during the year.

PERSONNEL

None of the employees of the Company is in receipt of remuneration in excess of limits prescribed under Section 217 (2A) of the Companies Act, 1956.

DEPOSITS

Your Company has not accepted any public deposit during the period under review.

MANAGEMENT DISCUSSION & ANALYSIS & CORPORATE GOVERNANCE REPORT

Management Discussion & Analysis and Corporate Governance report forms part of the Directors'' Report.

AUDITORS

Mr. D.M.Oza & Associates, Chartered Accountants, Ahmedabad were appointed as auditors of the company for the current financial year and their term of office expires at the ensuing Annual General Meeting. They being eligible offer themselves for re-appointment.

ACKNOWLEDGEMENTS

Yours Directors place on record their sincere appreciation for the assistance and support received to the Company from the Shareholders, Consultants and Auditors of the Company. Your directors express their appreciation for dedicated and sincere services rendered by the employees of the Company.

For and on behalf of the board

M.P. POLYPROPYLENE LIMITED

PLACE: Raisen DATE: September 2, 2014 CHAIRMAN


Mar 31, 2013

Dear Stakeholders,

The Directors present the Annual Report and Audited Accounts for the period from 01st day of April 2012 to 31st March 2013. Your company was incorporated as a Limited Company on 25th day of May, 1978.

Your Company has not done any business activity during the previous year. In the previous year the Income was from the profit on sale of assets. In the current Financial Year the company has incurred a net loss of Rs.17,66,750/-.

FINANCIAL PERFORMANCE

Particulars As on 31.03.2013 As on 31.03.2012

Gross Receipts 0.00 2,64,05,991.00

Expenditure 17,66,750 1,88,76,406.00

Net Profit/(Loss)before Tax (17,66,750) 75,29,585.00

Provision for Mat/ Defferred Tax/FBT 0.00 14,34,760.00

Profit/(loss) after tax (17,66,750) 60,94,830.00

CAPITAL

The Authorized Capital of your company is Rs. 10 Crores and the Paid up share capital is Rs.4,35,98,000 as on 31st March 2013.

OPERATIONS

In the event of losses, the Directors cannot recommend any dividend for the year ended 31st March 2013.

DIRECTORS

In accordance with the Companies Act, 1956, Mr. Dinesh Chauhan, who is liable to retire by rotation at the ensuing Annual General Meeting and being eligible offers himself for re-appointment. A motion for the re-appointment of Mr. Dinesh Chauhan, as Director of the Company will be placed before the Members in the ensuing AGM.

During the Year, the Board was further strengthened by appointment of 3 new directors, Mr.Sharad Dadhich ,Mr.Maksud Khan and Mr.Ranjeet Ranjan Thakur as additional Directors. They are appointed as Non-Executive Independent Directors. Mr.Maksud Khan and Mr.Ranjeet Ranjan Thakur, young dynamic individuals have been appointed for introduction of modern thinking as per new era and also to introduce latest technology for advancement and growth. Mr.Sharad Dadhich, aged 41, is having more than 20 years of experience in the corporate world. His rich and dynamic exposure in various facets of business enterprise will be an advantage for us and will empower our Board.

LISTING

The company is listed at Bombay Stock Exchange Limited. The suspension in trading of Equity Shares of the Company has been revoked by BSE vide its Notice No. 20120928-13 dated September 28, 2012.

DIRECTORS'' RESPONSIBILITY STATEMENT

In terms of section 217 (2AA) of the Companies Act, 1956, your directors confirm:

(i) that in preparation of the Annual Accounts, the applicable accounting standards had been followed; (ii) that the applicable accounting policies have been consistently followed and that they had made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state

of affairs of the Company at the end of the financial year and of the Loss of the Company for that

period. (iii) that they had taken proper and sufficient care for the maintenance of adequate accounting records in

accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the

Company and for preventing and detecting fraud and other irregularities; and (iv) That they had prepared the annual accounts on a going concern basis.

INFORMATION AS PER SECTION 217 (1) (E) OF THE COMPANIES ACT, 1956

Your Company has no activity relating to conservation of energy or technology absorption. Your Company did not have any foreign exchange earnings or outgo during the year.

PERSONNEL

None of the employees of the Company is in receipt of remuneration in excess of limits prescribed under Section 217 (2A) of the Companies Act, 1956.

DEPOSITS

Your Company has not accepted any public deposit during the period under review.

MANAGEMENT DISCUSSION & ANALYSIS & CORPORATE GOVERNANCE REPORT

Management Discussion & Analysis and Corporate Governance report forms part of the Directors'' Report.

AUDITORS

Mr. D.M.Oza & Associates, Chartered Accountants, Ahmedabad were appointed as auditors of the company for the financial year 2012-2013 and their term of office expires at the ensuing Annual General Meeting. They being eligible offer themselves for re-appointment.

The Auditors have in the auditor''s report on the accounts for the period ended on 31st March 2013 have given Point No. (4) and have reported some non-conformities with the Accounting Standards/ Principles generally accepted in India otherwise the Auditors Report is self explanatory and therefore it does not require any further explanation/clarification.

ACKNOWLEDGEMENTS

Yours Directors place on record their sincere appreciation for the assistance and support received to the Company from the Shareholders, Banks, Consultants, Auditors and clients of the Company. Your directors express their appreciation for dedicated and sincere services rendered by the employees of the Company.

For and on behalf of the board

M.P. POLYPROPYLENE LIMITED

PLACE: Raisen DATE: September 04, 2013 CHAIRMAN


Mar 31, 2011

The Directors present the Annual Report and Audited Accounts for the period from 01st day of April 2010 to 31st March 2011. Your company was incorporated as a Limited Company on 25th day of May, 1978.

Your Company has not done any business activity during the previous year and has incurred a net loss of Rs. 19,46,547/- as against the previous year loss of Rs.14,33,163/-.

FINANCIAL PERFORMANCE

Particulars As on 31.03.2011 As on 31.03.2010

Gross Receipts 0.00 0.00

Expenditure 19,46,547.00 14,33,163.00

Net Profit/Loss before Tax (19,46,547.00) (14,33,163.00)

Provision for Mat/ Deff Tax/FBT 0.00 0

Profit/(loss) after tax (19,46,547.00) (14,33,163.00)

CAPITAL

The Authorized Capital of your company is Rs. 10 Crores and the Paid up share capital is Rs.4,35,98,000 as on 31st March 2011.

OPERATIONS

Your directors regrets to inform you that your company has shown a Net Loss of Rs. 19,46,547/- for the year under review. And hence, your Directors are unable to recommend any dividend for the year ended 31st March 2011.

MANAGEMENT

During the year, there is no change in Management of your company.

DIRECTORS

In accordance with the Companies Act, 1956, Mr. Dinesh Chouhan, who is liable to retire by rotation at the ensuing Annual General Meeting and being eligible offers himself for re-appointment. A motion for the re-appointment of Mr. Dinesh Chouhan, as Director of the Company will be placed before the Members in the ensuing AGM

DIRECTORS' RESPONSIBILITY STATEMENT

In terms of section 217 (2AA) of the Companies Act, 1956, your directors confirm:

(i) that in preparation of the Annual Accounts, the applicable accounting standards had been followed;

(ii) that the applicable accounting policies have been consistently followed and that they had made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the Profit of the Company for that period.

(iii) that they had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; and

(iv) That they had prepared the annual accounts on a going concern basis.

INFORMATION AS PER SECTION 217 (1) (E) OF THE COMPANIES ACT, 1956

Your Company has no activity relating to conservation of energy or technology absorption. Your Company did not have any foreign exchange earnings or outgo during the year.

PERSONNEL

None of the employees of the Company is in receipt of remuneration in excess of limits prescribed under Section 217 (2A) of the Companies Act, 1956.

DEPOSITS

Your Company has not accepted any public deposit during the period under review.

MANAGEMENT DISCUSSION & ANALYSIS & CORPORATE GOVERNANCE REPORT Management Discussion & Analysis and Corporate Governance report forms part of the Directors' Report. AUDITORS

M/s. Jain Chatterjee & Associates, Chartered Accountants, Bhopal were appointed as auditors of the company for the financial year 2010-2011 and their term of office expires at the ensuing Annual General Meeting. They being eligible offer themselves for re-appointment.

The Auditors have in the auditor's report on the accounts for the period ended on 31st March 2011 have given comments in sub point No. (f) to (h) of Point No. (4) and have reported some non-conformities with the Accounting Standards/ Principles generally accepted in India otherwise the Auditors Report is self explanatory and therefore it does not require any further explanation/clarification.

ACKNOWLEDGEMENTS

Yours Directors place on record their sincere appreciation for the assistance and support received to the Company from the Shareholders, Banks, Consultants, Auditors and clients of the Company. Your directors express their appreciation for dedicated and sincere services rendered by the employees of the Company.

For and on behalf of the board

For M.P. POLYPROPYLENE LIMITED

PLACE: Dist :Raisen

DATE: May 20, 2011 CHAIRMAN


Mar 31, 2010

The Directors present the Annual Report and Audited Accounts for the period from 01st day of April 2009 to 31st March 2010. Your company was incorporated as a Limited Company on 25th day of May 1978.

Your Company has not done any business activity during the previous year and has incurred a net loss of Rs. 14,33,163/- as against the previous year loss of Rs.9,98,258/-.

FINANCIAL PERFORMANCE

Particulars As on 31.03.2010 As on 31.03.2009

Gross Receipts 0.00 1,010,626

Expenditure 14,33,163.00 2,008,884

Net Profit/Loss before Tax (14,33,163.00) (998,258)

Provision for Mat/ Deff Tax/FBT 0 0

Profit/(loss) after tax (14,33,163.00) (998,258)

CAPITAL

The Authorized Capital of your company is Rs. 10 Crores and the Paid up share capital is Rs. 4,35,98,000 as on 31st March 2010.

OPERATIONS

Your directors regrets to inform you that your company has shown a Net Loss of Rs. 14,33,163/- for the year under review. And hence, your Directors are unable to recommend any dividend for the year ended 31st March 2010.

MANAGEMENT

During the year, there is no change in Management of your company.

DIRECTORS

In accordance with the Companies Act, 1956, Mr. Noor Mohammad Khan, who is liable to retire by rotation at the ensuing Annual General Meeting and being eligible offers himself for re-appointment. A motion for the re- appointment of Mr. Noor Mohammad Khan, as Director of the Company will be placed before the Members in the ensuing AGM

DIRECTORS' RESPONSIBILITY STATEMENT

In terms of section 217 (2AA) of the Companies Act, 1956, your directors confirm:

(i) that in preparation of the Annual Accounts, the applicable accounting standards had been followed;

(ii) that the applicable accounting policies have been consistently followed and that they had made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the Profit of the Company for that period.

(iii) that they had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; and

(iv) That they had prepared the annual accounts on a going concern basis.

INFORMATION AS PER SECTION 217 (1) (E) OF THE COMPANIES ACT, 1956

Your Company has no activity relating to conservation of energy or technology absorption. Your Company did not have any foreign exchange earnings or outgo during the year.

PERSONNEL

None of the employees of the Company is in receipt of remuneration in excess of limits prescribed under Section 217 (2A) of the Companies Act, 1956.

DEPOSITS

Your Company has not accepted any public deposit during the period under review.

MANAGEMENT DISCUSSION & ANALYSIS & CORPORATE GOVERNANCE REPORT Management Discussion & Analysis and Corporate Governance report forms part of the Directors' Report AUDITORS

M/s. Jain Chatterjee & Associates, Chartered Accountants, Bhopal were appointed as auditors of the company for the financial year 2009-2010 and their term of office expires at the ensuing Annual General Meeting. They being eligible offer themselves for re-appointment.

The Auditors have in the auditor's report on the accounts for the period ended on 31st March 2010 have given comments in sub point No. (f) to (h) of Point No. (4) and have reported some non-conformities with the Accounting Standards/ Principles generally accepted in India otherwise the Auditors Report is self explanatory and therefore it does not require any further explanation/clarification.

ACKNOWLEDGEMENTS

Yours Directors place on record their sincere appreciation for the assistance and support received to the Company from the Shareholders, Banks, Consultants, Auditors and clients of the Company. Your directors express their appreciation for dedicated and sincere services rendered by the employees of the Company.

For and on behalf of the board

For M.P. POLYPROPLENE LIMITED

PLACE: DIST: RAISEN

DATE: August 12, 2010 CHAIRMAN


Mar 31, 2009

The Directors present the Annual Report and Audited Accounts for the period from 01st day of April 2008 to 31st March 2009. Your company was incorporated as a Limited Company on 25th day of May 1978.

Your Company has been able to achieve a Total revenue of Rs. 1010626/- and has a net loss of Rs. 998258/- as against the previous year loss of Rs. 2006025/-.

FINANCIAL PERFORMANCE

Particulars As on 31.03.2009 As on 31.03.2009

Gross Receipts 1,010,626 6,863

Expenditure 9.02.329 8.14.013

Depreciation 11,06,555 11,98,875

Net Profit/Loss before Tax (9,98,258) (20,06,025)

Provision for Mat/ Deferred Tax/FBT 0 0

Profit/(loss) after tax (9,98,258) (20,06,025)

CAPITAL

The Authorized Capital of your company is Rs. 10 Crores and the Paid up share capital is Rs. 4,35,98,000 as on 31st March 2009.

OPERATIONS

Your directors regrets to inform you that your company has shown a Net Loss ofRs. 9,98,258/- for the year under review. And hence, your Directors are unable to recommend any dividend for the year ended 31st March 2009

DIRECTORS

In accordance with the Companies Act, 1956, Mr. Prem Sagar Gupta , who is liable to retire by rotation at the ensuing Annual General Meeting and being eligible offers himself for re-appointment. A motion for the re-appointment of Mr. Prem Sagar Gupta, as Director of the Company will be placed before the Members in the ensuing AGM

DIRECTORS' RESPONSIBILITY STATEMENT

In terms of section 217 (2AA) of the Companies Act, 1956, your directors confirm:

(i) that in preparation of the Annual Accounts, the applicable accounting standards had been followed;

(ii) that the applicable accounting policies have been consistently followed and that they had made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the Profit of the Company for that period.

(iii) that they had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; and

(iv) That they had prepared the annual accounts on a going concern basis.

INFORMATION AS PER SECTION 217 (1) (E) OF THE COMPANIES ACT, 1956

Your Company has no activity relating to conservation of energy or technology absorption. Your Company did not have any foreign exchange earnings or outgo during the year.

PERSONNEL

None of the employees of the Company is in receipt of remuneration in excess of limits prescribed under Section 217 (2A) of the Companies Act, 1956.

DEPOSITS

Your Company has not accepted any public deposit during the period under review.

MANAGEMENT DISCUSSION & ANALYSIS & CORPORATE GOVERNANCE REPORT Management Discussion & Analysis and Corporate Governance report forms part of the Directors' Report. AUDITORS

M/s. Jain Chatterjee & Associates, Chartered Accountants, Bhopal were appointed as auditors of the company for the financial year 2008-2009 and their term of office expires at the ensuing Annual General Meeting. They being eligible offer themselves for re-appointment.

The auditor's report on the accounts for the period ended on 31st March 2009 is self explanatory; therefore it does not require any further explanation/clarification.

ACKNOWLEDGEMENT S

Yours Directors place on record their sincere appreciation for the assistance and support received to the Company from the Shareholders, Banks, Consultants, Auditors and clients of the Company. Your directors express their appreciation for dedicated and sincere services rendered by the employees of the Company.

For and on behalf of the board For M.P. POLYPROPYLENE LIMITED

PLACE: DIST RAISEN

DATE: July 12, 2009 CHAIRMAN

 
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