Oriental Remedies & Herbals Ltd. के निदेशक की रिपोर्ट

Mar 31, 2012

The Directors have Pleasure in Presenting the Annual Report together with audited statement of accounts for the year ended 31st March. 2012

FINANCIAL RESULTS (Amount in Rs)

Particulars 31-3-2012 31-03-2011

Total Income - -

Total Expenditure 63,788 89.917

Profit / (Loss) before Tax (63,788) (89,917)

Provision for Taxation - -

Profit / (Loss) after Tax (63.788) (89,917)

OPERATIONS

Your directors regret to inform you that your company has shown a Net Loss of Rs. 63.788/- for the year under review

The directors are taking steps to improve the overall performance of the company

DIVIDEND:

Since the Company could not generate any profits, the directors do not propose any dividend for the year under review.

DIRECTORS

There was no change in the management of the company during the year

DIRECTORS, RESPONSIBILITY STATEMENT

The Board of Directors State:

l) that in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanations relating to material departure; lit) that the Directors had selected such accounting policies and applied them consistently and made judgments and estimates that ate 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 the loss of the Company for the period;

iii) That the Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the prov- isions 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 annual accounts on a going concern basis.

PUBLIC DEPOSITS

I he Company has not invited/accepted any public deposits within the meaning of Section 58 A of the Companies Act. 1956 from the public during the year under review .

LISTING AGREEMENTS REQUIREMENTS

The securities of your company are listed at Bombay Stock Exchange. Trading in company''s securities remain suspended at Stock Exchanges for non-submission of documents and all possible steps are being taken by the management to get shares traded at the floor of the Exchange.

BUY-BACK OF SHARES

There was no buy-back of shares during the year under review.

PARTICULARS OF THE EMPLOYEES:

None of the employees employed during the year was in receipt of remuneration in excess of the Prescribed limit specified in section 217 (2A) of the Companies Act, 1956 Hence, furnishing of particulars under the Companies ( Particulars of Employees) 1975 does not arise.

AUDITORS

M/s. H. K. Saha & Co., Chartered Accountants, Auditors of the Company retire at the ensuing Annual General Meeting. They have expressed their willingness for reappointment.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION

During the year under review, there were no activities, which required heavy consumption of energy. However adequate measures have been taken to make sure that there is no wastage of energy. Since the requisite information with regard to the conservation of energy, technology absorption (Disclosures of Particulars in the report of Board of Directors) Rules is irrelevant/not applicable to the company during the year under review, the same are not reported.

FOREIGN EXCHANGE EARNINGS AND OUTGO:

- Foreign Exchange Earnings - Rs. Nil

- Foreign Exchange Outgo - Rs. Nil

ACKNOWLDGEMENTS

The Board of Directors wish to place on record their appreciation for the co-operation and support of the Company''s Bankers, its valued customers, employees and all other intermediaries concerned with the company''s business.

Your directors sincerely thank all members for supporting us during the difficult days. We look forward to your continued support and reiterate that we are determined to ensure that the plans are successfully implemented.

For Oriental Remedies & Herbals Ltd.

Place : KOLKATA Director

Date : 01/09/2012

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Mar 31, 2011

The Directors have Pleasure in Presenting the Annual Report together with audited statement of accounts for the year ended 31st March, 2011

FINANCIAL RESULTS (Amount in Rs)

Particulars 31-3-2011 31-03-2010

Total Income - -

Total Expenditure 89,917 78,760

Profit / (Loss) before Tax (89,917) (78,760)

Provision for Taxation - -

Profit / (Loss) after Tax (89,917) (78,760)

OPERATIONS

Your directors regret to inform you that your company has shown a Net Loss of Rs. 89,917/- for the year under review.

The directors are taking steps to improve the overall performance of the company.

DIVIDEND:

Since the Company could not generate any profits, the directors do not propose any dividend for the year under review.

DIRECTORS

There was no change in the management of the company during the year.

DIRECTORS'' RESPONSIBILITY STATEMENT

The Board of Directors State:

i) that in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanations relating to material departure;

ii) that the Directors had selected such accounting policies and applied them consistently and made judgments and estimates that ate 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 the loss of the Company for the period;

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 annual accounts on a going concern basis.

PUBLIC DEPOSITS

The Company has not invited/accepted any public deposits within the meaning of Section 58A of the Companies Act, 1956 from the public during the year under review.

LISTING AGREEMENTS REQUIREMENTS:

The securities of your company are listed at Bombay Stock Exchange. Trading in company''s securities remain suspended at Stock Exchanges for non-submission of documents and all possible steps are being taken by the management to get shares traded at the floor of the Exchange.

BUY-BACK OF SHARES

There was no buy-back of shares during the year under review.

PARTICULARS OF THE EMPLOYEES:

None of the employees employed during the year was in receipt of remuneration in excess of the Prescribed limit specified in section 217 (2A) of the Companies Act, 1956 Hence, furnishing of particulars under the Companies ( Particulars of Employees) 1975 does not arise.

AUDITORS

M/s. H. K. Saha & Co., Chartered Accountants, Auditors of the Company retire at the ensuing Annual General Meeting. They have expressed their willingness for reappointment.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION

During the year under review, there were no activities, which required heavy consumption of energy. However adequate measures have been taken to make sure that there is no wastage of energy. Since the requisite information with regard to the conservation of energy, technology absorption (Disclosures of Particulars in the report of Board of Directors) Rules is irrelevant/not applicable to the company during the year under review, the same are not reported.

FOREIGN EXCHANGE EARNINGS AND OUTGO:

- Foreign Exchange Earnings - Rs. Nil

- Foreign Exchange Outgo - Rs. Nil

ACKNOWLDGEMENTS

The Board of Directors wish to place on record their appreciation for the co-operation and support of the Company''s Bankers, its valued customers, employees and all other intermediaries concerned with the company''s business.

Your directors sincerely thank all members for supporting us during the difficult days. We look forward to your continued support and reiterate that we are determined to ensure that the plans are successfully implemented.

For Oriental Remedies & Herbals Ltd.

Director

Place : KOLKATA

Date : 01.09.2011

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Mar 31, 2010

The Directors have Pleasure in Presenting the Annual Report together with audited statement of accounts for the year ended 31st March, 2010

FINANCIAL RESULTS (Amount in Rs)

Particulars 31-3-2010 31-03-2009

Total Income - -

Total Expenditure 78,760 66,150

Profit / (Loss) before Tax (78,760) (66,150)

Provision for Taxation - -

Profit / (Loss) after Tax (78,760) (66,150)

OPERATIONS

Your directors regret to inform you that your company has shown a Net Loss of Rs. 78,760/- for the year under review.

The directors are taking steps to improve the overall performance of the company.

DIVIDEND:

Since the Company could not generate any profits, the directors do not propose any dividend for the year under review.

DIRECTORS

There was no change in the management of the company during the year.

DIRECTORS'' RESPONSIBILITY STATEMENT

The Board of Directors State:

i) that in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanations relating to material departure;

ii) that the Directors had selected such accounting policies and applied them consistently and made judgments and estimates that ate 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 the loss of the Company for the period;

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 annual accounts on a going concern basis.

PUBLIC DEPOSITS

The Company has not invited/accepted any public deposits within the meaning of Section 58A of the Companies Act, 1956 from the public during the year under review.

LISTING AGREEMENTS REQUIREMENTS:

The securities of your company are listed at Bombay Stock Exchange. Trading in company''s securities remain suspended at Stock Exchanges for non-submission of documents and all possible steps are being taken by the management to get shares traded at the floor of the Exchange.

BUY-BACK OF SHARES

There was no buy-back of shares during the year under review.

PARTICULARS OF THE EMPLOYEES:

None of the employees employed during the year was in receipt of remuneration in excess of the Prescribed limit specified in section 217 (2A) of the Companies Act, 1956 Hence, furnishing of particulars under the Companies ( Particulars of Employees) 1975 does not arise.

AUDITORS

M/s. H. K. Saha & Co., Chartered Accountants, Auditors of the Company retire at the ensuing Annual General Meeting. They have expressed their willingness for reappointment.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION

During the year under review, there were no activities, which required heavy consumption of energy. However adequate measures have been taken to make sure that there is no wastage of energy. Since the requisite information with regard to the conservation of energy, technology absorption (Disclosures of Particulars in the report of Board of Directors) Rules is irrelevant/not applicable to the company during the year under review, the same are not reported.

FOREIGN EXCHANGE EARNINGS AND OUTGO:

- Foreign Exchange Earnings - Rs. Nil

- Foreign Exchange Outgo - Rs. Nil

ACKNOWLDGEMENTS

The Board of Directors wish to place on record their appreciation for the co-operation and support of the Company''s Bankers, its valued customers, employees and all other intermediaries concerned with the company''s business.

Your directors sincerely thank all members for supporting us during the difficult days. We look forward to your continued support and reiterate that we are determined to ensure that the plans are successfully implemented.

For Oriental Remedies & Herbals Ltd.

Director

Place : KOLKATA

Date : 01.09.2010