Election 2014
SENSEX NIFTY
Tatia Skylines and Health Farms Directors Report, Tatia Skylines Reports by Directors
YOU ARE HERE > MONEYCONTROL > MARKETS > COMPUTERS - SOFTWARE MEDIUM/SMALL > DIRECTORS REPORT - Tatia Skylines and Health Farms
Tatia Skylines and Health Farms
BSE: 526187|NSE: TATIASKYLN|ISIN: INE293C01019|SECTOR: Computers - Software Medium/Small
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
LIVE
BSE
, 16:01
2.71
0
VOLUME 23
Tatia Skylines and Health Farms is not traded in the last 30 days
Download Annual Report PDF Format 2013 | 2012 | 2011 | 2010
Directors Report Year End : Mar '13    Mar 12
Dear Shareholders,
 
 The Directors have great pleasure in presenting the 22nd Annual Report
 together with the Audited Accounts of your Company for the financial
 year ended 31st March 2013.
 
 1. OPERATIONS
 
 The financial results of the Company for the year ended 31st March 2013
 is summarized below:
 
 
                                                            Rs. in Lacs
 
 Particulars                                   Year ended    Year ended
                                               31st March    31st March
                                                     2013          2012
 
 Income from Operations                              ----           ---
 
 Non-operating Income                               14.22          9.66
 
 Total Income                                       14.22          9.66
 
 Total Expenditure                                  32.82         23.48
 
 Profit/Loss before Depreciation                   -18.60        -13.82 
 
 Interest and Taxation
 
 Interest & Finance Charges                          ----          ----
 
 Depreciation                                        0.10          0.12
 
 Profit/Loss before Tax                            -18.70        -13.93
 
 Provision for Current Taxes                         ----          ----
 
 Provision for Deferred Taxes                        ----          ----
 
 Profit/Loss after Tax                             -18.70        -13.93
 
 Statutory Reserve                                   ----          ----
 
 Balance in Profit & Loss Account                  -15.80         -1.87
 
 Balance carried to Balance Sheet                  -34.49        -15.80
 
 
 
 Your Company has incurred a loss, of Rs. -18.70 lacs for the financial
 year 2012 - 2013 as compared to loss of Rs.-13.93 in the previous year
 2011  2012.
 
 DIVIDEND
 
 In order to stream Line Company''s business model, the board of
 directors have decided not to declare any dividend for the current
 fiscal.
 
 FIXED DEPOSITS
 
 The Company has not accepted any public deposits and , as such, no
 amount on account of principal or interest on public deposit was out
 standing as on date of balance sheet.
 
 DIRECTORS
 
 Mr. E. Subbarayan Director, and Mr. Jetender Surchander Rao Director
 retire by rotation and being eligible offer themselves for
 reappointment.
 
 DIRECTORS RESPONSIBILITY STATEMENT
 
 Pursuant to the requirement under Section 217(2AA) of the Companies
 Act, 1956 the Directors hereby confirm that:
 
 i) in the preparation of the Annual Accounts for the financial year
 ended 31st March, 2013 the applicable Accounting Standards have been
 followed and there are no material departures;
 
 ii) 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 profit and loss
 account of the company for that period;
 
 iii) they have taken proper and sufficient care to the best of their
 knowledge and ability for the maintenance of adequate accounting
 records in accordance with the provisions of the Act for safeguarding
 the assets of the Company and for preventing and detecting fraud and
 other irregularities;
 
 iv) they have prepared annual accounts on a going concern basis.
 
 AUDITORS
 
 M/s K Subramanyam & Co, Chartered Accountants, Auditors of the Company,
 retire at ensuing Annual General Meeting and have furnished a
 certificate under Section 224(1B) regarding their eligibility for
 reappointment as the Company''s Auditors for the year 2013 - 14. The
 Auditor have certified the Company''s Compliance of the requirements of
 Corporate Governance in terms of the Listing Agreement and the same is
 enclosed as an annexure to the Corporate Governance Report.
 
 PARTICULARS OF EMPLOYEES
 
 Particulars of the employees of the Company who were in receipt of
 remuneration, which in aggregate exceeded the limits fixed under
 Section 217 (2A) of the Companies Act, 1956 and Companies (Particulars
 of Employees) Rules 1975 is not applicable to the company for the year.
 
 PARTICULARS AS REQUIRED UNDER SECTION 217 (1) (E) OF THE COMPANIES ACT,
 1956 READ WITH THE COMPANIES (DISCLOSURE OF PARTICULARS IN THE REPORT
 OF BOARD OF DIRECTORS) RULES, 1988 Conservation of Energy.
 
 The Company had taken steps to conserve energy in its office use,
 consequent to which energy consumption has been minimized. Since the
 company has not carried on industrial activities, disclosures regarding
 impact of measures on cost of production of goods, total energy
 consumption, etc., are not applicable.
 
 Technology Absorption:-
 
 The company has not adopted / intends to adopt any technology for its
 business and hence no reporting is required to be furnished under this
 heading.
 
 Foreign Exchange Inflow & Outgo:-
 
 Foreign Exchange inflow during the year :- Nil Foreign Exchange outgo
 during the year :- Nil
 
 MANAGEMENT DISCUSSION & ANALYSIS REPORT
 
 The Management Discussion & Analysis Report for the year under review,
 as stipulated under Clause 49 of the Listing Agreements is presented in
 a separate section forming part of the Directors Report as Annexure A.
 
 CORPORATE GOVERNANCE
 
 Your Company is committed to maintain the highest standards of
 Corporate Governance. Your Directors adhere to the requirements set out
 by the Securities Exchange Board of India''s, Corporate Governance
 Practices and have implemented all the stipulations prescribed. Report
 on Corporate Governance as stipulated in Clause 49 of the Listing
 Agreement is presented in a separate section forming part of the
 Directors'' Report as Annexure B.
 
 EXPLANATION TO AUDITORS OBSERVATION
 
 As regards the qualification given by the auditor in Point No. IX
 Annexure to Auditor Report. The Company has filed a writ petition and
 stay petition with the Honorable High Court of Madras.
 
 COMPANY SECRETARY
 
 The Company is making consistent efforts for appointment of whole time
 Company Secretary. The Company has been availing services of practicing
 Company Secretary from time to time to ensure compliance of the
 provisions of the applicable acts and statutes . Also the Annual Return
 of the Company is being certified by practicing Company Secretary from
 year to year and the company is also taking certification from them for
 Stock Exchanges Compliances .
 
 ACKNOWLEDGEMENT
 
 Your Directors would like to express their grateful appreciation for
 assistance and co-operation received from the Financial Institutions,
 Banks, Government Authorities, Customers and Members during the year
 under review.Your Directors also wish to place on record their deep
 sense of appreciation for committed and dedicated services of the
 workers, staff, and officers of the Company.
 
 
 
                                            BY THE ORDER OF THE BOARD 
 
                                        FOR ASHRAM ONLINE.COM LIMITED
 
                                                                 Sd/- 
 
 PLACE : CHENNAI                                   S. PA NNALAL TATIA 
 
 DATE : 30.08.2013                    CHAIRMAN CUM EXECUTIVE DIRECTOR
Source : Dion Global Solutions Limited
Quick Links for tatiaskylineshealthfarms
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.