Mar 31, 2012
THE MEMBERS OF SURYODAYA INVESTMENT AND TRADING COMPANY LIMITED
The Directors of your Company presents the Annual Report and the
Audited Statement of Accounts for the year ended 31st March, 2012.
OPERATION:
During the year your Company has incurred a net profit of Rs.
236,624/-. The total loss carried forwarded to the Balance Sheet is Rs.
81,752,633/-.
DIVIDEND:
In view of the augment of resources, your Directors do not recommend
any dividend for the year.
PUBLIC DEPOSIT:
The Company has not accepted any public deposit as defined under the
provisions of Non-Banking Financial Companies (Reserve Bank) Direction
1977.
DIRECTOR:
Shri S. M. Singhvi and Shri A. K. Singhania are retiring by rotation at
the ensuing Annual General Meeting and being eligible, offer themselves
for re-appointment.
DIRECTORS RESPONSIBILITY STATEMENT:
The Directors confirm that, they had:
a. followed in the preparation of annual accounts, the applicable
accounting standards and given proper explanation relating to material
departure if any;
b. selected such accounting policies and applied them consistently and
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 or loss of the company for
that period;
c. taken proper and sufficient care for the maintenance of adequate
account records in accordance with the provisions of the Act so as to
safeguard the assets of the company and to prevent and detect fraud and
other irregularities;
d. prepared the accounts on a going concern basis;
AUDITORS:
The present auditors M/s. Khandelwal Jain & Company, Chartered
Accountants, will be retiring at the ensuring Annual General Meeting
and being eligible offer themselves for reappointment.
PARTICULARS OF EMPLOYEES:
The particulars of the employees as required under section 217(2A) of
the Companies Act, 1956, read with the Companies (particulars of
employees) Rule, 1975 is not applicable to the Company,
ENERGY CONSERVATION / TECHNOLOGY ABSORPTION / FOREIGN EXCHANGE EARNINGS
AND OUTGO:
The Company has no activities relating to conservation of energy or
technology absorption. During the year under review, five Company did
not cam and use any Foreign Exchange.
By order of Board of Directors
For Suryodaya Investment and Trading Co. Limited
R.S.Bhangui S.M.Singhvi
DIRECTORS
Place : Mumbai
Date 3rd September, 2012
Mar 31, 2010
THE MEMBERS OF
SURYODAYA INVESTMENT AND TRADING COMPANY LIMITED
The Directors of your Company presents the Annual Report and the
Audited Statement of Accounts for the year ended 31st March, 2010.
OPERATION:
During the year your Company has incurred a net Loss of Rs. 120,895/-.
The total loss carried forwarded to the Balance Sheet is Rs.
77,761,543/-.
DIVIDEND:
In view of the losses incurred, your Directors do not recommend any
dividend for the year.
PUBLIC DEPOSIT:
The Company has not accepted any public deposit as defined under the
provisions of Non-Banking Financial Companies (Reserve Bank) Direction
1977.
DIRECTOR:
Shri R. S. Bhangui and Shri S. M. Singhvi are retiring by rotation at
the ensuing Annual General Meeting and being eligible, offer themselves
for re-appointment.
DIRECTORS RESPONSIBILITY STATEMENT:
The Directors confirm that, they had:
a. followed in the preparation of annual accounts, the applicable
accounting standards and given proper explanation relating to material
departure if any;
b. selected such accounting policies and applied them consistently and
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 or loss of the company for
that period;
c. taken proper and sufficient care for the maintenance of adequate
account records in accordance with the provisions of the Act so as to
safeguard the assets of the company and to prevent and detect fraud and
other irregularities;
d. prepared the accounts on a going concern basis;
AUDITORS:
The present auditors M/s. Khandelwal Jain & Company, Chartered
Accountants, will be retiring at the ensuring Annual General Meeting
and being eligible offer themselves for reappointment.
PARTICULARS OF EMPLOYEES:
The particulars of the employees as required under section 217(2A) of
the Companies Act, 1956, read with the Companies (particulars of
employees) Rule, 1975 is not applicable to the Company.
ENERGY CONSERVATION / TECHNOLOGY ABSORPTION / FOREIGN EXCHANGE EARNINGS
AND OUTGO:
The Company has no activities relating to conservation of energy or
technology absorption. During the year under review, the Company did
not earn and use any Foreign Exchange.
By order of Board of Directors
For Suryodaya Investment and Trading Co, Limited
R. S. Bhangui S. M. Singhvi
DIRECTORS
Place : Mumbai
Date : 2nd September, 2010