Kandhari Rubbers Ltd. के निदेशक की रिपोर्ट

Mar 31, 2013

The Directors have pleasure in presenting the Twenty Seventh Annual Report together with the Audited Accounts for the financial year 31st March,2013. .

FINANCIAL RESULTS:

(Rs. in Lacs )

2012-2013 2011-2012

1. Sales/Other Receipts 01.77 19.31

2. Gross Profit /(Loss) 00.00 (04.50)

DIRECTORS:

In pursuance of the provisions of the Companies Act, 1956 and Articles of Association of the Company, Shri. K L Arora, retire by rotation and eligible for reappointment..

INSURANCE: All properties of the company including Building, Plant & Machinery, Equipment & other Assets, wherever necessary and to the extent required have not been insured as Assets were illegally possessed and sold by the FI''s . Your company had Challenged the sale by FI''s through writ before Honorable RHC Jodhpur . INDUSTRIAL RELATION:

Industrial relations during the year under consideration have been cordial. The Management will always value & cherish the devotion & commitment demonstrated by loyal employees at all levels.

PARTICULARS OF EMPLOYEE:

The Company has no employees whose salary exceeds the limit prescribed under the section 217(2A), of the companies Act, 1956. Hence information required to be given under the said section read with Companies (Particulars of Employees) Rules, 1975 as amended w.e.f. April 17, 2002 has not been provided in this report.

DIRECTOR''S RESPONSIBILITY STATEMENT:

As required under section 217(2AA) of the Companies Act, 1956 your Directors confirm that:

1. In preparation of the Annual Accounts, applicable accounting standard have been followed with proper disclosure of any departure.

2. The accounting policies are consistently applied and reasonable, prudent judgment and estimate are made so as to give a true and fair view of the state of affairs of the company at the end of financial year.

3. Proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provision of the said Act for safe guarding the assets of the Company and for preventing and deducting fraud and other irregularities.

4. The Annual Accounts have been prepared on a going concern basis.

CORPORATE GOVERNANCE:

Pursuant to clause 49 of listing agreement with the Stock Exchanges., Management Discussion & Analysis, Corporate governance Report and Auditor''s Certificate regarding compliance of the conditions of Corporate Governance are made a part of this Annual Report.

LISTING :

The equity shares of the Company are at present listed with the Stock Exchange, Mumbai, The Stock Exchange, Ahmadabad, The Stock Exchange, Jaipur,- Delhi Stock Exchange Association Limited, New Delhi.

AUDITORS: -

The auditors M/s C.K. Jagetia & Co., Chartered Accountants, Udaipur retire at the ensuing Annual General Meeting and are eligible for re-appointment.

CONSERVATION OF ENERGY / TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO :

The information relating to conservation of energy, Technology absorption and Foreign Exchange earnings and outgo as required under section 217(1 )(e) of the Companies Act, 1956 read with the Companies ( Disclosure of particulars in the report of Board of Directors ) Rules, 1998 is annexed here to and forms part of the report.

ACKNOWLEDGEMENT:

The Directors wish to place on record their appreciation for the co-operation received from shareholders, valued customers, and deeply appreciate the commitment and dedication of employees at all levels.

For & on behalf of the Board

Place: Udaipur

Date: 25.08.13 sd

(Harisn kandhari)

Mg. Director

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Mar 31, 2012

TO THE SHARE HOLDERS:

The Directors have pleasure in presenting the Twenty Sixth Annual Report together with the Audited Accounts for the financial year 31st March,2012.

FINANCIAL RESULTS:

( Rs.in Lacs )

2011-2012 2010-2011

1. Sales/Other Receipts 19.31 03.61

2. Gross Profit/(Loss) 04.50 (08.91)

DIRECTORS:

In pursuance of the provisions of the Companies Act, 1956 and Articles of Association of the Company, Shri. G.S. Bhageiya, retire by rotation and eligible for reappointment..

INSURANCE:

All properties of the company including Building, Plant & Machinery, Equipment & other Assets, wherever necessary and to the extent required have not been insured as Assets were illegally possessed and sold bv the FI''s . Your company had Challenged the sale bv FI''s through writ before Honorable RHC Jodhpur.

INDUSTRIAL RELATION:

Industrial relations during the year under consideration have been cordial. The Management will always value & cherish the devotion & commitment demonstrated by loyal employees at all levels.

PARTICULARS OF EMPLOYEE:

The Company has no employees whose salary exceeds the limit prescribed under the section 217(2A), of the companies Act, 1956. Hence information required to be given under the said section read with Companies (Particulars of Employees) Rules, 1975 as amended w.e.f. April 17,2002 has not been provided in this report.

DIRECTOR''S RESPONSIBILITY STATEMENT:

As required under section 217(2AA) of the Companies Act, 1956 your Directors confirm that:

1. In preparation of the Annual Accounts, applicable accounting standard have been followed with proper disclosure of any departure.

2. The accounting policies are consistently applied and reasonable, prudent judgment and estimate are made so as to give a true and fair view of the state of affairs of the company at the end of financial year.

3. Proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provision of the said Act for safe guarding the assets of the Company and for preventing and deducting fraud and other irregularities.

4. The Annual Accounts have been prepared on a going concern basis.

CORPORATE GOVERNANCE:

Pursuant to clause 49 of listing agreement with the Stock Exchanges, Management Discussion & Analysis, Corporate governance Report and Auditor''s Certificate regarding compliance of the conditions of Corporate Governance are made a part of this Annual Report.

LISTING :

The equity shares of the Company are at present listed with the Stock Exchange, Mumbai, The Stock Exchange, Ahmadabad, The Stock Exchange, Jaipur, Delhi Stock Exchange Association Limited, New Delhi.

AUDITORS:

The auditors M/s C.K. Jagetia & Co., Chartered Accountants, Udaipur retire at the ensuing Annual General Meeting and are eligible for re-appointment.

CONSERVATION OF ENERGY / TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO :

The information relating to conservation of energy, Technology absorption and Foreign Exchange earnings and outgo as required under section 217(l)(e) of the Companies Act, 1956 read with the Companies Disclosure of particulars in the report of Board of Directors) Rules, 1998 is annexed here to and forms part of the report.

ACKNOWLEDGEMENT:

The Directors wish to place on record their appreciation for the co-operation received from shareholders, valued customers, and deeply appreciate the commitment and dedication of employees at all levels.

By order of the Board

Place: Udaipur (Harish Kandhari)

Date: 25.07.2012 Mg.Director

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Mar 31, 2009

The Directors have pleasure in presenting the Twenty Third Annual Report together with the Audited Accounts for the financial year 31st March,2009.

FINANCIAL RESULTS:

(Rs.in Lacs) 2008-2009 2007-2008

1. Sales/ Other Receipts 27.85 04.66

2. Gross Profit /(Loss) 20.61 (01.81)



DIRECTORS:

In pursuance of the provisions of the Companies Act, 1956 and Articles of Association of the Company, Shri. K.L.arora , retire by rotation and eligible for reappointment..

INSURANCE:

All properties of the company including Building, Plant & Machinery, Equipment & other Assets, wherever necessary and to the extent required have not been insured as Assets were illegally possessed and sold by the FPs . Your company had Challenged the sale by FPs through writ before Honrable RHC Jodhpur .

INDUSTRIAL RELATION:

Industrial relations during the year under consideration have been cordial. The Management will always value & cherish the devotion & commitment demonstrated by loyal employees at all levels.

PARTICULARS OF EMPLOYEE

The Company has no employees whose salary exceeds the limit prescribed under the section 217(2A), of the companies Act, 1956. Hence information required to be given under the said section read with Companies ( Particulars of Employees) Rules, 1975 as amended w.e.f April 17, 2002 has not been provided in this report.

DIRECTORS RESPONSIBILITY STATEMENT:

As required under section 217(2AA) of the Companies Act, 1956 your Directors confirm that:

1. In preparation of the Annual Accounts, applicable accounting standard have been followed with proper disclosure of any departure.

2. The accounting policies are consistently applied and reasonable, prudent judgment and estimate are made so as to give a true and fair view of the state of affairs of the company at the end of financial year.

3. Proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provision of the said Act for safe guarding the assets of the Company and for preventing and deducting fraud and other irregularities.

4. The Annual Accounts have been prepared on a going concern basis.

CORPORATE GOVERNANCE:

Pursuant to clause 49 of listing agreement with the Stock Exchanges, Management Discussion & Anal>sis, Corporate governance Report and Auditors Certificate regarding compliance of the conditions of Corporate Governance are made a part of this Annual Report.

LISTING :

The equity shares of the Company are at present listed with the Stock Exchange, Mumbai, The Stock Exchange, Ahmedabad, The Stock Exchange, Jaipur, Delhi Stock Exchange Association Limited, New Delhi.

AUDITORS:

The auditors M/s C.K. Jagetia & Co., Chartered Accountants, Udaipur retire at the ensuing Annual General Meeting and are eligible for re-appointment.

CONSERVATION OF ENERGY / TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO :

The information relating to conservation of energy, Technology absorption and Foreign Exchange earning and outgo as required under section 217(l)(e) of the Companies Act, 1956 read with the Companies ( Disclosure of particulars in the report of Board of Directors ) Rules, 1998 is annexed here to and forms part of the report.

ACKNOWLEDGEMENT:

The Directors wish to place on record their appreciation for the co-operation received from shareholders, valued customers, and deeply appreciate the commitment and dedication of employees at all levels.

For & on behalf of the Board

Place: Udaipur sd Date : 17.08.09 (Harish Kandhari) Mg.Director