Year : 2010-11 - CCL

__________________________________________________ CENTRAL COALFIELDS LIMITED
MINUTES OF THE 55th ANNUAL GENERAL MEETING OF
CENTRAL COALFIELDS LIMITED HELD IN THE REGISTERED OFFICE
AT DARBHANGA HOUSE, RANCHI ON 21st MAY, 2011
PRESENT:
1. Shri R.K. Saha .. Member & Chairman
2. Shri S. Chakraborty .. Representative of CIL, a Corporate Member, and Proxy of Shri
N.C. JHA, Member and Shri A.K. Sinha, Member.
SPECIAL INVITEE .. Shri A. Chatterjee, Director (Finance), CCL
IN ATTENDANCE:
Shri C. V. N. Gangaram, Company Secretary, CCL.
Shri R.K. Saha, Chairman-cum-Managing Director, took the Chair. Being informed about the
receipt of consent for Shorter Notice from all the members of the Company as per Article 22 and about
the presence of quorum pursuant to Article 24 of the Articles of Association of the Company, the
Chairman welcomed Shri S. Chakraborty, GM(F)/TS to D(F), CIL, representative of CIL, and called
the meeting to order.
The Statement of Accounts for the year 2010-11, Reports of Statutory Auditors as well as of
Comptroller & Auditor General of India thereon, Management’s comments on those Reports, and
Review of Accounts by the Comptroller & Auditor General of India along with Directors report to the
members, as circulated,were taken as read.
ORDINARY BUSINESS:
1. ADOPTION OF ACCOUNTS:
Thereafter, Shri R.K. Saha, Chairman & Member of the Company proposed that the Audited
Balance Sheet as on 31st March, 2011 and Profit & Loss Account for the year ended 31st
March, 2011, Reports of Statutory Auditors as well as of Comptroller & Auditor General of India
thereon, Management’s comments on those Reports, and Review of Accounts by the Comptroller
& Auditor General of India along with Directors’ Report be received and adopted. The motion
was seconded by Shri S. Chakraborty and after detailed discussion, the Accounts were adopted
unanimously.
2. A proposal to declare an amount of 748.10 Crore as dividend on Equity Shares for the
financial year ended 31st March, 2011 as recommended by the Board at its 377th meeting held
on 17th May, 2011, was moved by the Chairman and was seconded by Shri S. Chakraborty.
The resolution was adopted unanimously.
3. A proposal as per the provisions of Article 34(iii) of the Articles of Association of the Company for
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