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Annual Report cb smile - Jet Airways

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Statement pursuant to Section 212 (1) (e) of the Companies Act, 1956, relating to Subsidiary<br />

Company for the year ended 31 st March, 2010<br />

Name of the Subsidiary Company <strong>Jet</strong> Lite (India) Ltd<br />

1 Financial year of the Subsidiary Company ended on 31st March, 2010<br />

2 Holding Company’s Interest:<br />

a) number of Equity Shares of Rs.10/- each fully paid-up 456,115,409<br />

b) extent of holding 100%<br />

c) number of Preference Shares 340,000,000<br />

3 Net aggregate amount of Loss of the Subsidiary, so far as they concern<br />

members of the <strong>Jet</strong> <strong>Airways</strong> (India) Ltd.<br />

Amount (Rs. in Lakhs)<br />

i) for the financial year of the Subsidiary<br />

a) dealt with in the accounts of the Holding Company 4,619<br />

b) not dealt with in accounts of the Holding Company -<br />

ii) for the previous financial years of the Subsidiary since it became the<br />

Holding Company’s Subsidiary<br />

a) dealt with in the accounts of the Holding Company (101,254)<br />

b) not dealt with in accounts of the Holding Company -<br />

4 As the financial year of the Subsidiary Company coincides with the financial<br />

year of the Holding Company, Section 212(5) of the Companies Act,1956,<br />

is not applicable.<br />

82<br />

On behalf of the Board of Directors<br />

Saroj K. Datta Executive Director<br />

Durban<br />

Aman Mehta<br />

I.M. Kadri<br />

Yash Raj Chopra<br />

Victoriano P. Dungca<br />

}<br />

Directors<br />

Monica Chopra Company Secretary &<br />

Sr. General Manager - Legal<br />

Mumbai<br />

20 th May, 2010

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