2010-11 - Grasim

SUN GOD TRADING AND INVESTMENTS LIMITED
DIRECTOR
ORS’ REPORT
TO THE MEMBERS
Your Directors have pleasure in presenting the Seventeeth
Annual Report of your Company together with the Audited
Accounts for the year ended 31st March, 2011.
During the year under review the financial results of the
Company show a Loss of Rs.3,925/- (previous year Profit of
Rs.15,603/- ) after meeting all expenses.
DIVIDEND
With a view to conserve resources, your Directors do not
consider it appropriate to recommend dividend on equity
shares for the Financial Year ended 31st March, 2011.
DIRECTOR
Shri Adesh Gupta retire from office by rotation at the ensuing
Annual General Meeting and being eligible, offer himself for
re-appointment.
DIRECTOR
ORS’ RESPONSIBILITY STATEMENT
TEMENT
As stipulated in Section 217(2AA) of the Companies Act,
1956, your Directors subscribe to the “Directors Responsibility
Statement” and confirm as under that :
i) in the preparation of the Annual Accounts, the applicable
accounting standards have been followed along with
proper explanation relating to material departures;
iii) proper and sufficient care has been taken for the
maintenance of adequate records in accordance with the
provisions of this Act for safeguarding the Assets of the
company and for preventing and detecting fraud and other
irregularities;
iv) the annual accounts have been prepared on a going
concern basis.
AUDI
UDITOR
ORS
The observations made in the Auditors’ Report are self
explanatory and therefore do not call for any further
comments under Section 217(3) of the Companies Act,1956
Messers Amritlal H. Jain & Co., Chartered Accountants, the
Auditors of the Company, retire at the ensuing Annual General
Meeting and being eligible offer themselves for reappointment.
PAR
ARTICULAR
TICULARS OF EMPLOYEES
The Company had no employee in the Category specified
Under Section 217 (2A) of the Companies Act, 1956.
CONSERVATION OF ENERGY
GY,
TECHNOLOGY
ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND
OUTGO
In view of the nature of operations, we have nothing to
report on these matters.
ii)
accounting policies have been selected and applied
consistently and the judgements and estimates made 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 profit or loss of the company for
that period;
Mumbai
Date: 29 April, 2011
On behalf of the Board
G.K. Tulsian
Shailendra K. Jain
Adesh Gupta
Directors
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