मैट्रिक्स
 
 
एनसीसी फायनांस निदेशकों की रिपोर्ट, एनसीसी फायनांस निर्देशकों द्वारा रिपोर्ट

एनसीसी फायनांस

बीएसई: 531452  |  NSE: N.A  |  ISIN: INE768B01012  |  Finance - General

खोजें एनसीसी फायनांस कनेक्शन Mar 13
निदेशकों की रिपोर्ट वर्षांत : Mar '14
Dear members,
 
 The Directors present the 20th Annual Report together with Audit
 Financial Statement of the Company for the year ended 31st March 2014.
 
 FINANCIAL RESULTS	                                (Rs in Lakhs)
 
 Particulars	                             2013-2014	    2012-2013
 
 Gross Income	                                1.27	      1.22
 
 Profit / (Loss) before interest, 
 depreciation and tax	                      (1.35)	    (2.17)
 
 Interest                                           -	         -
 
 Profit / (Loss) before depreciation & tax     (1.35)	    (2.17)
 
 Depreciation	                                   -	         -
 
 Profit/(Loss) before Tax	              (1.35)	    (2.17)
 
 Provision for Tax	                           -	         -
 
 Profit / (Loss) After Tax	              (1.35)	    (2.17)
 
 Balance of loss b/f from previous year	    (590.71)	  (588.54)
 
 Accumulated Loss	                    (592.06)	  (590.71)
 
 DIVIDEND:
 
 In view of the loss suffered by the company, your Board regrets for
 its inability to recommend dividend for the year ended 31-3-2014.
 
 REVIEW OF OPERATIONS:
 
 During the year your Company has earned a gross income of Rs 1.27
 lakhs (previous year Rs 1.22 lakhs) which has resulted in net loss of
 Rs. 1.35 lakhs. The company is exploring various alternatives
 available for restructuring its business.
 
 PUBLIC DEPOSITS:
 
 During the year the Company has not accepted any Deposits.
 
 DIRECTORS'' RESPONSIBILITY STATEMENT:
 
 Pursuant to the provisions of Section 217 (2AA) of the Companies Act,
 1956, your Director''s confirm as under.
 
 a) in the preparation of the annual accounts for the year ended March
 31, 2014, the applicable accounting standards have been followed along
 with proper explanations relating to material departures;
 
 b) we 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 as at March 31,2014 and of the loss suffered by the
 company for the year ended on that date;
 
 c) we 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
 
 d) the accounts for the year ended March 31,2014 have been prepared on
 a going concern basis.
 
 DISCLOSURES:
 
 Personnel
 
 Information as required under Section 217 (2A) of the Companies Act,
 1956 read with Companies (Particulars of Employees'') Rules, 1975 as
 amended are Nil.
 
 CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
 EARNINGS AND OUTGO:
 
 The Company did not have any activities either relating to
 Conservation of Energy or Technology Absorption and therefore the
 provisions relating to Conservation of Energy or Technology Absorption
 are not applicable. The Company did not have any foreign exchange
 earnings and foreign exchange outgo during the year under review.
 
 DIRECTORS
 
 Sri A G K Raju, Director retires by rotation and being eligible offers
 himself for re-appointment.
 
 AUDITORS:
 
 The Auditors of your Company, M/s M Bhaskara Rao & Co. retire at the
 forthcoming Annual General Meeting and being eligible offer themselves
 for reappointment as auditors of the Company to hold office up to the
 conclusion of the next Annual General Meeting.
 
 COMMENTS OF AUDITORS:
 
 The observations/comments made by the auditors in their report
 attached have been suitably clarified/explained in terms of Section
 217 (3) of the Companies Act, 1956, the Directors state as follows:
 
 In order to overcome the current situation and put the company back on
 successful track, the company is exploring alternative business
 opportunities. The Company has also taken necessary steps to recover
 the dues outstanding from defaulting clients.
 
 Item No.7 of the annexure to the Audit Report.
 
 Although the Company has no formal internal audit system, there are
 necessary internal control systems which are sufficient to take care
 of the present size of operations of the company.
 
 CORPORATE GOVERNANCE:
 
 In pursuance of clause 49 of the Listing Agreement entered into with
 the Stock Exchanges, a separate section on Corporate Governance has
 been incorporated in the annual report for the information of the
 shareholders. A certificate from the Auditors of the Company regarding
 compliance of conditions of Corporate Governance as stipulated under
 said clause also forms part of the Annual Report.
 
 ACKNOWLEDGEMENTS:
 
 Your Directors wish to place on record their sincere appreciation and
 gratitude to the Company''s Bankers and Shareholders of the company and
 look forward for the same in greater measure.
 
                                        For and on behalf of the Board
 
                                          A G K RAJU        Y D MURTHY
 
                                           DIRECTOR	    DIRECTOR
 
 Place : Hyderabad 
 Date : 26-05-2014
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `5,024 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `248 Cr की बिकवाली की
  • MARKET CUES : FIIs ने F&O में `10 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `162 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `1358 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `1205 Cr की बिकवाली की
  • CLSA ON NIFTY 50 : सितंबर के निचले स्तर से बाजार में मजबूती का रूख
  • CLSA ON NIFTY 50 : निफ्टी 12118 के पार निकला तो 13,800 तक पहुंचना संभव
  • HSBC ON RELIANCE IND : BUY रेटिंग, लक्ष्य बढ़ाकर `1700/Sh
  • MACQUARIE ON IGL : Neutral रेटिंग, लक्ष्य बढ़ाकर `420/Sh

अभी देखें

नो युअर कंपनी

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.