Mar 31, 2014
The Members,
TYPHOON HOLDINGS LIMITED
The Directors have pleasure in presenting the Annual Report of the
Company together with the Audited Annual Accounts for the year ended
31st March, 2014.
FINANCIAL RESULTS
PARTICULARS Year ended March 31, Year ended March 31,
2014 (In Rs.) 2013 (In Rs.)
Profit/(Loss) before
depreciation and taxes (2,67,871) (2,53,019)
Net Profit/(Loss) before
Tax (2,67,871) (2,53,019)
Less: Provision for Tax 0 0
Net Profit/(Loss) after Tax (2,67,871) (2,53,019)
OPERATIONS
The Company has made a loss of Rs. 2,67.871/- in the year under report
as against Rs. 2,53,019/- in the previous year.
CORPORATE GOVERNANCE
The paid-up Capital of the Company being less than Rupees Three Crores,
the Clause 49 of the Listing Agreement is not applicable to the
Company.
DIVIDEND
No Dividend is declared or recommended by the Board of Directors of the
Company during the year in view of the losses.
DIRECTORS'' RESPONSIBILITY STATEMENT
Pursuant to the requirements u/s. 217(2AA) of the Companies Act, 1956,
your Directors hereby state and confirm that :
i) I n preparation of the annual Accounts, the applicable Accounting
Standards have been followed along with proper explanations relating to
material departures, if any;
ii) They have selected the 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 the affairs
of the Company at the end of the financial year under review and for
Loss of the Company for the same period.
iii) They have 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 irregularit ies;
iv) Annual Accounts are prepared on a going concern basis.
AUDITORS
M/s. D M Oza & Associates, Chartered Accountants, statutory Auditors of
the Company retire at the conclusion of the ensuing Annual General
Meeting and are eligible for re-appointment. The Company has received a
letter to the effect that their appointment, if made, would be within
the prescribed limit under section 224(1-B) of the Companies Act, 1956.
AUDITORS'' REPORT
The comments in the Auditor''s Report with Notes of Accounts and
Schedules are self explanatory.
PUBLIC DEPOSITS
During the year, the Company has not accepted any public deposit u/s.
58A of the Companies Act, 1956 and the rules made there under.
PARTICULARS OF THE EMPLOYEES
The Company does not have any employee who is in receipt of
remuneration aggregating to the sum prescribed u/s. 217(2A) of the
Companies Act, 1956 read with the Companies (Particulars of Employees)
Rules, 1975 as amended till date.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE
EARNINGS & EXPENDITURE
The Company has no activities relating to conservation of energy and
technology absorption. There are no foreign exchange transactions
during the year.
LISTING
The Equity Shares of the Company is listed at the Bombay Stock Exchange
Limited (BSE).
ACKNOWLEDGEMENTS
Your Directors take opportunities to show gratitude towards
co-operation received from Shareholders and other Agencies.
By Order of the Board
TYPHOON HOLDINGS LIMITED
DIRECTOR DIRECTOR
Place : Mumbai
Date : September 02, 2014
Mar 31, 2013
Dear Members,
The Directors have pleasure in presenting the Annual Report of the
Company together with the Audited Annual Accounts for the year ended
31st March, 2013.
FINANCIAL RESULTS
PARTICULARS Year ended March 31, Year ended March 31,
2013 (In Rs.) 2012 (In Rs.)
Profit/(Loss) before (2,53,019) (1,98,986)
depreciation and taxes
Net Profit/(Loss) (2,53,019) (1,98,986)
before Tax
Less: Provision for Tax 0 0
Net Profit/(Loss) after Tax (2,53,019) (1,98,986)
OPERATIONS
The Company has made a loss of Rs. 2,53,019/- in the year under report
as against Rs. 1,98,986/- in the previous year.
CORPORATE GOVERNANCE
The paid-up Capital of the Company being less than Rupees Three Crores,
the Clause 49 of the Listing Agreement is not applicable to the
Company.
DIVIDEND
No Dividend is declared or recommended by the Board of Directors of the
Company during the year in view of the losses.
DIRECTORS'' RESPONSIBILITY STATEMENT
Pursuant to the requirements u/s. 217(2AA) of the Companies Act, 1956,
your Directors hereby state and confirm that :
i) In preparation of the annual Accounts, the applicable Accounting
Standards have been followed along with proper explanations relating to
material departures, if any;
ii) They have selected the 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 the affairs
of the Company at the end of the financial year under review and for
Loss of the Company for the same period.
iii) They have 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) Annual Accounts are prepared on a going concern basis.
DIRECTORS
Director who are retiring by rotation and being offer themselves for
re-appointment.
AUDITORS
M/s. Rishabh D. Jain & Co., Chartered Accountants, statutory Auditors
of the Company retire at the conclusion of the ensuing Annual General
Meeting and are eligible for re-appointment. The Company has received a
letter to the effect that their appointment, if made, would be within
the prescribed limited under section 224(1-B) of the Companies Act,
1956.
AUDITORS'' REPORT
The comments in the Auditor''s Report with Notes of Accounts and
Schedules are self explanatory.
PUBLIC DEPOSITS
During the year, the Company has not accepted any public deposit u/s.
58A of the Companies Act, 1956 and the rules made there under.
PARTICULARS OF THE EMPLOYEES
The Company does not have any employee who is in receipt of
remuneration aggregating to the sum prescribed u/s. 217(2A) of the
Companies Act, 1956 read with the Companies (Particulars of Employees)
Rules, 1975 as amended till date.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE
EARNINGS & EXPENDITURE
The Company has no activities relating to conservation of energy and
technology absorption. There are no foreign exchange transactions
during the year.
LISTING
The Equity Shares of the Company is listed at the Bombay Stock Exchange
Limited (BSE).
ACKNOWLEDGEMENTS
Your Directors take opportunities to show gratitude towards
co-operation received from Shareholders and other Agencies.
By Order of the Board
TYPHOON HOLDINGS LIMITED
DIRECTOR
Place : Mumbai
Date : September 02, 2013
Mar 31, 2012
Dear members,
The Directors have pleasure in presenting the Annual Report of the
Company together with the Audited Annual Accounts for the year ended
31st March, 2012.
FINANCIAL RESULTS
PARTICULARS Year ended March 31, Year ended March 31,
2012 (In Rs.) 2011 (In Rs.)
Profit/(Loss) before
depreciation and taxes (1,98,986) (95,768)
Net Profit/(Loss) before Tax (1,98,986) (95,768)
Less: Provision for Tax 0 0
Net Profit/(Loss) after Tax (1,98,986) (95,768)
OPERATIONS
The Company has made a loss of Rs. 1,98,986/- in the year under report
as against Rs. 95,768/-in the previous year.
CORPORATE GOVERNANCE
The paid-up Capital of the Company being less than Rupees Three
Crores, the Clause 49 of the Listing Agreement is not applicable to
the Company.
DIVIDEND
No Dividend is declared or recommended by the Board of Directors of
the Company during the year in view of the losses.
DIRECTORS'' RESPONSIBILITY STATEMENT
Pursuant to the requirements u/s. 217(2AA) of the Companies Act, 1956,
your Directors hereby state and confirm that :
i) In preparation of the annual Accounts, the applicable Accounting
Standards have been followed along with proper explanations relating
to material departures, if any;
ii) They have selected the 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 the affairs
of the Company at the end of the financial year under review and for
Loss of the Company for the same period.
iii) They have 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) Annual Accounts are prepared on a going concern basis.
DIRECTORS
Director who are retiring by rotation and being offer themselves for
re-appointment.
AUDITORS
M/s. Rishabh D. Jain & Co., Chartered Accountants, statutory Auditors
of the Company retire at the conclusion of the ensuing Annual General
Meeting and are eligible for re-appointment. The Company has received
a letter to the effect that their appointment, if made, would be
within the prescribed limited under section 224(1-B) of the Companies
Act, 1956.
AUDITORS'' REPORT
The comments in the Auditor''s Report with Notes of Accounts and
Schedules are self explanatory.
PUBLIC DEPOSITS
During the year, the Company has not accepted any public deposit u/s.
58A of the Companies Act, 1956 and the rules made there under.
PARTICULARS OF THE EMPLOYEES
The Company does not have any employee who is in receipt of
remuneration aggregating to the sum prescribed u/s. 217(2A) of the
Companies Act, 1956 read with the Companies (Particulars of Employees)
Rules, 1975 as amended till date.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE
EARNINGS & EXPENDITURE
The Company has no activities relating to conservation of energy and
technology absorption. There are no foreign exchange transactions
during the year.
LISTING
The Equity Shares of the Company is listed at the Bombay Stock
Exchange Limited (BSE).
ACKNOWLEDGEMENTS
Your Directors take opportunities to show gratitude towards the
co-operation received from Shareholders and other Agencies.
By Order of the Board
TYPHOON HOLDINGS LIMITED
DIRECTOR
Place : Mumbai
Date : September 03, 2012
Mar 31, 2011
Dear members,
The Directors have pleasure in presenting the Annual Report of the
Company together with the Audited Annual Accounts for the year ended
31st March, 2011.
FINANCIAL RESULTS
PARTICULARS Year ended March 31, Year ended March 31,
2011 (In Rs.) 2010 (In Rs.)
Profit/(Loss) before
depreciation and taxes (95,768) (52,865)
Net Profit/(Loss) before Tax (95,768) (52,865)
Less: Provision for Tax 0 0
Net Profit/(Loss) after Tax (95,768) (52,865)
Balance B/F from previous year (24,54,255) (24,01,390)
Balance carried to
Balance Sheet (25,50,023) (24,54,255)
OPERATIONS
The Company has made a loss of Rs. 95,768/- in the year under report
as against Rs. 52,865/- in the previous year.
CORPORATE GOVERNANCE
The paid-up Capital of the Company being less than Rupees Three
Crores, the Clause 49 of the Listing Agreement is not applicable to
the Company.
DIVIDEND
No Dividend is declared or recommended by the Board of Directors of
the Company during the year in view of the losses.
DIRECTORS'' RESPONSIBILITY STATEMENT
Pursuant to the requirements u/s. 217(2AA) of the Companies Act, 1956,
your Directors hereby state and confirm that:
i) In preparation of the annual Accounts, the applicable Accounting
Standards have been followed along with proper explanations relating
to material departures, if any;
ii) They have selected the 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 the affairs
of the Company at the end of the financial year under review and for
Loss of the Company for the same period.
iii) They have 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) Annual Accounts are prepared on a going concern basis.
DIRECTORS
Director who are retiring by rotation and being offer themselves for
re-appointment.
AUDITORS
M/s. Rishabh D. Jain & Co., Chartered Accountants, statutory Auditors
of the Company retire at the conclusion of the ensuing Annual General
Meeting and are eligible for re-appointment. The Company has received
a letter to the effect that their appointment, if made, would be
within the prescribed limited under section 224(1-B) of the Companies
Act, 1956.
AUDITORS'' REPORT
The comments in the Auditor''s Report with Notes of Accounts and
Schedules are self explanatory.
PUBLIC DEPOSITS
During the year, the Company has not accepted any public deposit u/s.
58A of the Companies Act, 1956 and the rules made there under.
PARTICULARS OF THE EMPLOYEES
The Company does not have any employee who is in receipt of
remuneration aggregating to the sum prescribed u/s. 217(2A) of the
Companies Act, 1956 read with the Companies (Particulars of Employees)
Rules, 1975 as amended till date.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE
EARNINGS & EXPENDITURE
The Company has no activities relating to conservation of energy and
technology absorption. There are no foreign exchange transactions
during the year.
LISTING
The Equity Shares of the Company is listed at the Bombay Stock
Exchange Limited (BSE).
ACKNOWLEDGEMENTS
Your Directors take opportunities to show gratitude towards the
assistance and co-operation received from Shareholders and other
Agencies''.
By Order of the Board
TYPHOON HOLDINGS LIMITED
DIRECTOR DIRECTOR
Place: Mumbai
Date: September 02, 2011
Mar 31, 2010
The Directors are pleased to present the Twenty Fifth Annual Report
together with Audited Statement of Accounts for the year ended 31st
March 2010.
FINANCIAL RESULTS:
The company is not operating and therefore during the financial year
the Company has incurred a loss of Rs. 128429/- as against Rs.55863/-
in previous year.
DIVIDEND:
In view ofloss, your Directors don''t recommend a dividend for the
period ended 31st March 2010.
PARTICULARS UNDER SECTION 217(2A) AND 217(!)(a) OF THE COMPANIES ACT,
5956.
There were no employees or Directors drawing salary in excess of Rs
2,00,000/- p.m. or Rs 24,00,000/- p.a. during year under review.
DIRECTORS RESPONSIBILITY STATEMENT:
The Directors hereby confirm:
1. that in the preparation of the Annual Accounts, the applicable
accounting standards have been followed and that no material departure
have been made from the same;
2. that they have 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 loss of the
company for that period;
3. that they have taken proper and sufficient care for the maintenance
of adequate accounting records in accordance with the provision of this
Act for safeguarding the assets of the company and for preventing and
detecting fraud and other irregularities;
4. that they have prepared the Annual accounts on a going concern
basis;
AUDITORS:
M/s RISHABH D. JAIN & CO., Chartered Accountants, Auditors of the
Company, retire at the ensuing Annual General Meeting and offer
themselves for reappointment.
LISTINGS:
The equity shares of the Company are at present listed with Bombay
Stock Exchange Limited. The Company is regular in payment of Listing
Fee.
CASH FLOW STATEMENT:
In conformity with the provision of clause 32 of the Listing Agreement
and requirement of Companies Act, 1956 the cash flow statement for the
year ended 31.03.2010 is annexed here to.
ACKNOWLEDGMENT:
The Board of Directors expressed deep gratitude for the assistance,
co-operation and support extended to your Company by the stakeholders
and look forward to their continued support.
FOR & ON BEHALF OF BOARD OF DIRECTORS
DIRECTOR
Place: Mumbai
Date: 3rd September, 2010
Mar 31, 2009
The Directors have pleasure in presenting the Annual Report of the
Company together with the Audited Annual Accounts for the year ended
March 31, 2009.
FINANCAIL RESULTS
Year ended Year ended
March 31, March 31,
2009 Rs. 2008 Rs.
Profit/(Loss) before depreciation
and taxes (55,863) (68,684)
Net Profit/(Loss) before Tax (55,863) (68,684)
- Less: Provision for Tax 0 0
Net Profit/(Loss) after tax (55,863) (68,684)
Balance B/F from previous year (23,45,527) (22,76,843)
Balance carried to balance Sheet (24,01,390) (23,45,527)
OPERATIONS
During the year under report, the Company has performed better than the
previous year. The Company has made a loss of Rs.55,863/- in the year
under report as against Rs.68,684/- in the previous year. Earning per
share for the year is Rs. (0.11). Due to sluggish market conditions the
company made a loss.
CORPORATE GOVENANCE
The paid-up Capital of the Company being less than Rupees Three Crores,
the Clause 49 of the Listing Agreement is not applicable to the
Company.
AUDITORS
M/s. Rishabh D. Jain & Company, Chartered Accountants, the present
Statutory Auditors of the Company retire at the conclusion of the
ensuing Annual General Meeting and being eligible, offer themselves for
re-appointment.
PUBLIC DEPOSITS
During the year the Company has not accepted any deposits form public
u/s. 58A of the Companies Act, 1956.
DIRECTORS RESPONSIBILITY STATEMENT
The Directors confirm that:
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