Mar 31, 2014
The Members
Anubhav Industrial Resources Limited
The Directors' present the Annual report on the business and
operations of your Company for the year 2013-14.
FINANCIAL RESULTS AND FUTURE OUTLOOKS:
During the year under Report, the Company has earned a Profit of Rs.
32547/- for the year ended 31st March, 2014 as against loss of Rs.
22161/- in the previous year.
DIVIDEND:
In view of conserving the resources, your directors do not recommend
any dividend for the financial year 2013-14
DIRECTORS:
MR. Ramesh Kumar Khetan, Director of the Company is liable to retire by
rotation at the ensuing Annual General Meeting and being eligible,
offer himself for re-appointment.
Mr. Ramesh Kumar Khetan who was been appointed as additional director
in the board meeting dated June 24, 2014 has been regularized as
director in the Annual General Meeting.
Mr. Vijay Pandere who was been appointed as additional director in the
board meeting dated June 24, 2014 has been regularized as director in
the Annual General Meeting.
Mr. Santosh Mohite who was been appointed as additional director in the
board meeting dated October 15, 2013 has been regularize as director in
the Annual General Meeting.
Mr. Vijay Garg and Ms. Rita Garg has been resigned from Board dated
October 15, 2013 CORPORATE GOVERNANCE
The Company has vigorously striven to follow the best corporate
governance practices aimed at building trust among the key
stakeholders, shareholders, employees, customers, suppliers and other
stakeholders on four key elements of corporate governance -
transparency, fairness, disclosure and accountability
MANAGEMENT DISCUSSION AND ANALYSIS
The Management Discussion and Analysis Report on the operations of the
Company is provided in a separate section and forms part of this Report
PARTICULARS OF EMPLOYEES
No employee is covered under the Provisions of Section 217 (2A) of the
Companies Act, 1956 read with Companies (Particulars of Employees)
Rules, 1975.
DEPOSITS
The Company has not invited/accepted any deposits from the public
during the financial year ended March 31,2014. There were no unclaimed
or unpaid deposits as on March 31,2014.
INFORMATION UNDER SECTION 217 (1) (e) OF THE COMPANIES ACT, 1956
The particulars relating to conservation of energy and technology
absorption required to be furnished pursuant to Section 217(1)(e) of
the Companies Act, 1956, read with the Companies (Disclosure of
Particulars in the Report of Board of Directors) Rules, 1988 pertaining
to conservation of energy and technology absorption, are not applicable
to the Company.
Foreign Exchange Earnings and Outgo:
(a) Activities relating to exports; : N.A.
initiatives taken to increase exports
development of new export markets
for products and services and export plans
(b) Foreign Exchange Earned : Rs. Nil
(Previous year : Rs. Nil)
(c) Foreign Exchange Used : Rs. Nil
(Previous Year : Rs. Nil)
DIRECTORS' REPONSIBILITY STATEMENT
Pursuant to Section 217(2AA) of the Companies Act, 1956, as amended by
the Companies (Amendment) Act, 2000, the Directors confirm that -
(i) in the preparation of the annual accounts, the applicable
accounting standards have been followed with proper explanations
relating to material departures, if any.
(ii) appropriate accounting policies have been selected and applied
consistently and the Directors have 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 as at 31st March, 2014 and of the
Profits for the financial year from 1st April, 2013 to 31st March,
2014.
(iii) proper and sufficient care has been taken 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.
(iv) the annual accounts have been prepared on a going concern basis.
AUDITORS AND AUDITORS' REPORT:
M/s. Shyam C. Agarwal & Co, Chartered Accountants, existing Auditors
will retire at the conclusion of the ensuing Annual General Meeting.
Pursuant to the provisions of Section 139 of the Companies Act, 2013
and Companies (Audit and Auditors) Rules, 2014 and have expressed their
unwillingness to continue as the statutory auditor of the Company. The
Board of Directors at their meeting held on September 4, 2014 had
recommended M/s. Shyam C. Agarwal & Co., Chartered Accountant, Mumbai,
as the statutory auditor of the Company.
M/s. Shyam C. Agarwal & Co.,, Chartered Accountants, Mumbai, are
proposed to be appointed as Auditors, to hold office up-to the
conclusion of the next Annual General Meeting.
Pursuant to the provisions of Companies (Audit and Auditors) Rules,
2014, M/s. Shyam C. Agarwal & Co.,, Chartered Accountants has certified
that the following:
a. They are eligible for appointment and are not disqualified for
appointment under the Companies Act, 2013, the Chartered Accountants
Act, 1949 and rules/regulations made thereunder;
b. The proposed appointment is as per the term provided under the
Companies Act, 2013;
c. The proposed appointment is within the limits laid down by or under
the authority of the Companies Act, 2013;
d. There are no proceedings against the audit firm or any partner of
the audit firm pending with respect to professional matters of conduct.
The Board of Directors recommends to the shareholders the appointment
of M/s. Shyam C. Agarwal & Co.,, Chartered Accountants, as Auditors of
the Company.
The observations and comments given in the report of the Auditors read
together with notes to accounts are self explanatory and hence do not
call for any further information and explanation under Section 217(3)
of the Companies Act, 1956.
ACKNOWLEDGEMENTS
Your Board takes this opportunity to place on record its appreciation
for the dedication and commitment of employees shown at all levels
which have contributed to the success of your Company. Your Directors
also express their gratitude for the valuable support and co-operation
extended by various Governmental authorities, including Ministry of
Information and Broadcasting, Department of Telecommunication, Ministry
of Corporate Affairs, Stock Exchanges, Depositories and other
stakeholders including banks, financial Institutions, viewers, vendors
and service providers.
For & on behalf of the Board of Director
Date: 14/08/2014
Place: Chandigarh
Sd/- Sd/-
Vidya Chalke Santosh Mohite
Director Director
DIN: 02903650 DIN: 02953365
Mar 31, 2013
Dear Members,
Your Directors have pleasure in presenting to you the Twenty Eighth
Annual Report together with the Audited Accounts of your Company for
the year ended 31st March, 2013.
FINANCIAL RESULTS AND FUTURE OUTLOOKS
During the year under Report, the Company has earned a Profit of Rs
18,215/- for the year ended 31st March, 2013 as earned Profit of Rs.
7,540/- in the previous year.
DIVIDENDS
Your Director do not recommend any payment of dividend for the year
ended 31st March, 2013.
DEPOSITS
The Company has not accepted any deposits to which the provisions of
Section 58(A) of the Companies Act, 1956 are applicable.
PERSONNEL
The Companies (Disclosure of Particulars in the Report of Board of
Directors) Rule, 1988. are not applicable. There was no employees
covered by the provision of Section 217 (2-A) of the Companies Act,
1956.
DIRECTORS
In accordance with the provisions of the Companies Act, 1956 and
Articles of Association of the Company Mr. Lok Nath Aggarwal who
retires by rotation and being eligible, offers himself for
reappointment.
DIRECTORS' RESPONSIBILITY STATEMENT
Pursuant to the requirement under Section 217(2AA) of the Companies
Act. 1956 with respect to Directors' Responsibility Statement, it is
hereby confirmed:
i. that in the preparation of the annual accounts for the financial
year ended 31st March, 2013, the applicable accounting standards had
been followed along with proper explanation relating to material
departures ;
ii. that the Directors had selected such accounting policies and
applied them consistently and made judgments and estimates that were
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 or loss of the company for the year under review ;
iii. that the Directors 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 ;
iv. that the Directors had prepared the accounts for the financial
year ended 31st March, 2013 on a 'going concern' basis.
CONSERVATION OF ENERGY, TECHNOLOGY, ABSORPTION, FOREIGN EXCHANGE
EARNINGS AND OUTGO.
Particulars under the Companies (Disclosure of Particulars in the
report of the Board of Directors Rules, 1988) or conservation of
energy, technology, absorption, foreign exchanges earnings and outgo
are not applicable, since there is no manufacturing process involved
and there has been no Import/Export.
AUDITORS
The present auditors M/s. S.C. Dewan & Co., Chartered Accountants,
Panchkula, will retire at the forthcoming Annual General Meeting. They
have confirmed their eligibility for reappointment and the Board
recommends their re-appointment at the forthcoming Annual General
Meetings.
for and on behalf of the Board of Directors
(LOK NATH aGGARWAL) (VIJAY KUMAR GARG)
DIRECTOR DIRECTOR
PLACE : CHANDIGARH
DATED : 30th May, 2013
Mar 31, 2012
Dear Members,
The Directors have pleasure in presenting to you the Twenty Seventh
Annual Report together with the Audited Accounts of your Company for
the year ended 31 st March, 2012.
FINANCIAL RESULTS AND FUTURE OUTLOOKS
During the year under Report, the Company has earned a Profit of Rs.
7,540/- for the year ended 31st March, 2012 as against loss of Rs.
41,387/- in the previous year.
DIVIDENDS
Your Director do not recommend any payment of dividend for the year
ended 31st March, 2012.
DEPOSITS
The Company has not accepted any deposits to which the provisions of
Section 58(A) of the Companies Act, 1956 are applicable.
PERSONNEL
The Companies (Disclosure of Particulars in the Report of Board of
Directors) Rule, 1988, are not applicable. There was no employees
covered by the provision of Section 217 (2-A) of the Companies Act,
1956.
DIRECTORS
In accordance with the provisions of the Companies Act, 1956 and
Articles of Association of the Company Mr. Vijay Kumar Garg who retires
by rotation and being eligible, offers himself for reappointment.
DIRECTORS' RESPONSIBILITY STATEMENT
Pursuant to the requirement under Section 217(2AA) of the Companies
Act, 1956 with respect to Directors' Responsibility Statement, it is
hereby confirmed:
i. that in the preparation of the annual accounts for the financial
year ended 31st March, 2012, the applicable accounting standards had
been followed along with proper explanation relating to material
departures ; '
ii. that the Directors had selected such accounting policies and
applied them consistently and made judgments and estimates that were
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 or loss of the company for the year under review ;
iii. that the Directors 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 ;
iv. that the Directors had prepared the accounts for the financial year
ended 31st March, 2012 on a 'going concern' basis.
CONSERVATION OF ENERGY, TECHNOLOGY, ABSORPTION, FOREIGN EXCHANGE
EARNINGS AND OUTGO.
Particulars under the Companies (Disclosure of Particulars in the
report of the Board of Directors Rules, 1988) or conservation of
energy, technology, absorption, foreign exchanges earnings and outgo
are not applicable, since there is no manufacturing process involved
and there has been no Import/Export.
AUDITORS
The present auditors M/s. S.C. Dewan & Co., Chartered Accountants,
Panchkula, will retire at the forthcoming Annual General Meeting. They
have confirmed their eligibility for reappointment and the Board
recommends their re-appointment at the forthcoming Annual General
Meetings.
For and on behalf of the Board of Directors
(LOK NATHAGGARWAL) (VIJAY KUMAR GARG)
DIRECTOR DIRECTOR
PLACE : CHANDIGARH
DATED : 2nd July, 2012
Mar 31, 2011
Dear Members,
The Directors have pleasure in presenting to you the Twenty Sixth
Annual R®Port to9ether with the Audited Accounts of your Company for
the year ended 31 st March, 2011.
FINANCIAL RESULTS AND FUTURE OUTLOOKS
During the year under Report, the Company has incurred a loss of Rs.
41,387/- for the year ended 31st March, 2011 as against loss of Rs.
36,983/- in the previous year.
DIVIDENDS
Your Director do not recommend any payment of dividend for the year
ended 31 March, 2011.
DEPOSITS
The Company has not accepted any deposits to which the provisions of
Section 58(A) of the Companies Act, 1956 are applicable.
PERSONNEL
The Companies (Disclosure of Particulars in the Report of Board of
Directors) Rule, 1988, are not applicable. There was no employees
covered by the provision of Section 217 (2-A) of the Companies Act,
1956.
DIRECTORS
In accordance with the provisions of the Companies Act, 1956 and
Articles of Association of the Company Mrs. Rita Garg, Director retires
by rotation and being eligible offer herself for re-appointment.
DIRECTORS' RESPONSIBILITY STATEMENT
Pursuant to the requirement under Section 217(2AA) of the Companies
Act, 1956 with respect to Directors' Responsibility Statement, it is
hereby confirmed:
i. that in the preparation of the annual accounts for the financial
year ended 31st March, 2011, the applicable accounting standards had
been followed along with proper explanation relating to material
departures ;
ii. that the Directors had selected such accounting policies and
applied them consistently and made judgments and estimates that were
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 or loss of the company for the year under review;
iii. that the Directors 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 ;
iv. that the Directors had prepared the accounts for the financial year
ended 31st March, 2011 on a 'going concern' basis.
CONSERVATION OF ENERGY, TECHNOLOGY, ABSORPTION, FOREIGN EXCHANGE
EARNINGS AND OUTGO.
Particulars under the Companies (Disclosure of Particulars in the
report of the Board of Directors Rules, 1988) or conservation of
energy, technology, absorption, foreign exchanges earnings and outgo
are not applicable, since there is no manufacturing process involved
and there has been no Import/Export.
AUDITORS
The present auditors M/s. S.C. Dewan & Co., Chartered Accountants,
Panchkula, will retire at the forthcoming Annual General Meeting. They
have confirmed their eligibility for reappointment and the Board
recommends their re-appointment at the forthcoming Annual General
Meetings.
For and on behalf of the Board of Directors
(LOK NATHAGGARWAL) (VIJAY KUMAR GARG)
DIRECTOR DIRECTOR
PLACE : CHANDIGARH
DATED : 12th July, 2011
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