अलाकृति हाउसिंग निदेशकों की रिपोर्ट, अलाकृति हाउसिंग निर्देशकों द्वारा रिपोर्ट

अलाकृति हाउसिंग

बीएसई: 523738  |  NSE: N.A  |  ISIN: INE781D01011  |  Construction & Contracting - Housing

खोजें अलाकृति हाउसिंग कनेक्शन Mar 13
निदेशकों की रिपोर्ट वर्षांत : Mar '14
Dear Members,
 We take pleasure in presenting this, our Twenty Second Annual Report of
 our Company together with the Audited Accounts for the year ended 31st
 March, 2014.
                                                  2013-2014    2012-2013
                                                     (Lacs)       (Lacs)
 Profit/(Loss) before Depreciation and Tax          (16.72)      (40.16)
 Less: Depreciation                                    0.18         0.23
 Loss before Tax                                    (16.90)      (40.39)
 Less: Provision for Tax including Deferred Tax         Nil          Nil
 Loss after Tax                                     (16.90)      (40.39)
 Add: Balance brought forward from previous year  (8630.89)    (8590.50)
 Balance carried forward to Balance Sheet         (8647.79)    (8630.89)
 The Directors in their report are required to state the material
 developments that have taken place in the business of the Company up to
 the date of the said Report. Accordingly, the material developments up
 to date of this Report are covered as appropriate in the following
 The Present Situation:
 The Directors are pursuing their sincere efforts to resume the
 operations of the Company with the help of like- minded investors.
 Corporate Governance:
 The Company is presently handicapped due to the absence of a Company
 Secretary (the previous Company Secretary had resigned from the
 services of the Company in 2001-2002) and there being no staff in the
 Secretarial Department, it has not been possible to prepare the
 Corporate Governance and Management Analysis Reports required to be
 annexed to the Annual Report which shall be circulated to the members
 as soon as they are compiled.
 Your Company has neither invited nor accepted any deposits from the
 Your Company''s shares are currently listed at Mumbai, Coimbatore,
 Hyderabad and Ahmedabad Stock Exchanges.  The Company is in arrears of
 the listing fees to the Stock Exchanges as detailed below. Trading of
 the Company''s shares has been suspended on account of non-payment of
 listing fees as well as non-compliance of corporate governance as
 stipulated in Clause 49 of the Listing Agreement with the stock
 Name of Stock Exchange        Arrears in listing fees
 Bombay Stock Exchange               2010-11
 Madras Stock Exchange               2010-11
 Hyderabad Stock Exchange            2004-05
 Coimbatore Stock Exchange           2003-04
 Ahmedabad Stock Exchange            2003-04
 Your Company proposes to save procedure and expenses by voluntarily
 delisting the Company''s shares from The Madras Stock Exchange, The
 Coimbatore Stock Exchange, The Ahmedabad Stock Exchange and The
 Hyderabad Stock Exchange while continuing listing in the Bombay Stock
 Exchange. Such delisting will not adversely affect the interests of any
 investors since nationwide online terminals are provided by the Bombay
 Stock Exchange.
 Mr. Dilip Dharmasthal, Director, retires by rotation at the ensuing
 Annual General Meeting and being eligible offers himself for
 reappointment. .
 The Company Secretary''s post in your Company is vacant.
 The observations made in the Auditor''s Report and Notes on accounts are
 self-explanatory and do not require any further explanations except for
 the reference to the following in the Annexure to the Auditor''s Report
 where the Directors wish to state as follows:
 i. Point (iv) & (viO: The internal control & systems which had
 slackened in the earlier years of organizational agitation and
 demotivation are in the process of gradual restoration although the
 operations now are on a much reduced scale. However, the Company is
 presently taking steps to improve the position in all areas.
 ii. Point (ix) a.: The Company is making every effort to clear the
 undisputed statutory dues in due course.
 iii. Point lix) b.: ESIC dues are subject of appeals filed by the
 Company before courts/ appropriate authorities.
 iv. Point (xi): The Company is in constant negotiations with all the
 Banks and is requesting them to waive interest in full in all cases and
 also portion of principal dues in certain cases. The Company is
 confident to clear the agreed sums in due course.
 Mr. R. Vathsangam, Chartered Accountant, Chennai, Auditor of the
 Company, retires at the ensuing Annual General
 Meeting and it is proposed that Mr. R. Vathsangam, Chartered
 Accountant, Chennai be appointed as Statutory , Auditor of the Company
 at the ensuing Annual General Meeting.
 Companies (Disclosure of Particulars in the Report of Board of
 Directors) Rules, 1988:
 '' a) Conservation of Energy, Technology Absorption and Foreign Exchange
 Earnings and Outgo:
 Particulars with respect to Conservation of Energy and Technology
 absorption are not applicable to the Company. During the year under
 review the foreign exchange earnings and outgo were: NIL
 b) Particulars of Employees under Section 217 (2A)
 As there are no employees who are in receipt of remuneration exceeding
 the limits prescribed, the statement required under section 217 (2A) of
 the Companies Act,1956, read with Companies (Particulars of Employees)
 Rules, 1975 is not provided.
 c) Directors''Responsibility Statement
 Pursuant to Section 217(2AA) of the Companies Act, 1956, the Board of
 Directors of the Company confirm:
 - that in the preparation of the Annual Accounts, the applicable
 Accounting Standards have been followed and that there are no material
 - that they have selected such accounting policies and applied them
 consistently and made judgments and estimates that 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 LOSS of the
 Company for the year under review;
 - that they have 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; and
 - that they have prepared the annual accounts on a going-concern
 The company has entered into an agreement with National Securities
 Depository Ltd. (NSDL) and Central Depository Services Ltd. (CDSL) for
 dematerialization of the Company''s shares. Members are requested to
 hold their shares in demat form since it will help in easy trading in
 shares even though they are informed that holding of shares in demat
 form is not compulsory but only optional.
 Your Directors take this opportunity to offer their sincere thanks to
 the Customers, Shareholders and investors for their unstinted support
 and assistance and look forward to their continuing support and
                                       For and on behalf of the Board 
                                         For Alacrity Housing Limited
 Place: Chennai                                          Ashok Karnad
 Date: 1st September 2014                           MANAGING DIRECTOR
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `2354 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `145 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `4135 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `354 Cr की बिकवाली
  • MARKET CUES : इंडेक्स ऑप्शंस में `2421 Cr की खरीदारी
  • MARKET CUES : स्टॉक फ्यूचर्स में `2123 Cr की खरीदारी
  • MARKET CUES : स्टॉक ऑप्शंस में `56 Cr की बिकवाली
  • CS ON LUPIN : Outperform रेटिंग, लक्ष्य `690/Sh
  • JEFFERIES ON TVS MOTORS : Underperform रेटिंग, लक्ष्य `260/Sh
  • JEFFERIES ON IEX : BUY रेटिंग, लक्ष्य `195/Sh

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(August 06, 2018)

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