Annual Report for 2011-2012 - Vizag Steel

RASHTRIYA ISPAT NIGAM LIMITED
P.N. Rao & Co.,
Company Secretaries
Phone : 0891-2751934
e-mail: pnraoandco@gmail.com
13. Appointment of Cost Auditors
The Company has appointed Cost Auditors under Section 233B of the Act, for its Power
Plant operations and duly complied with the provisions of the Act.
14. Provident Fund
The Company has deposited both employees' and employer's contribution with the VSP
Employees Contributory Provident Fund Trust within the prescribed time pursuant to Section
418 of the Act.
15. Loans to Directors
The Company being a "Private Company" and also a "Government Company" as on
31 st March, 2012, the provisions of Section 295 of the Act are not applicable.
16. Prosecution / Penalties
There was no prosecution initiated against or show cause notice received by the Company
and no fines or penalties or any other punishment was imposed on the Company, its Directors
and Officers during the financial year for offences under the Act.
For P.N. Rao & Co.
Company Secretaries
Visakhapatnam
16 th July 2012
(P. NARASINGA RAO)
Proprietor CPNo. 2552
Flat No. 102, I Floor, Door No. 9-42 19 1, Swamy Prasad Vinayagar, Balajinagar, Siripuram,
Adjacent to State Bank of India Administrative Office Main Entrance, Visakhapatnam-530 003
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