Moneycontrol
Get App
SENSEX NIFTY
you are here:

Multipurpose Ltd.

BSE Live

Dec 18, 16:00
10.00 0.00 (0.00%)
Volume
No Data Available
1
  • Prev. Close

    10.00

  • Open Price

    10.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

(%)
Volume
No Data Available
  • Prev. Close

  • Open Price

  • Bid Price (Qty.)

    ()

  • Offer Price (Qty.)

    ()

Multipurpose is not listed on NSE

Annual Report

For Year :
2014 2013 2012 2011 2010

Director’s Report

Dear Members, The Directors of your Company are pleased to present the Audited Financial Statements of the Company for the financial year ended on 31 March, 20. Financial Results The financial Results of the Company are summarized below: FINANCIAL RESULT As at 31st As at 31st March 2014 March 2014 Profit (Loss) before Tax (5,16,917) (5,27,725) Provision for Tax - - Deferred Tax Saving/ (Expense) - - profit (LOSS) after Tax (5,16,917) (5,27,725) OPERATIONS During the period company incurred loss of Rs.5,16,917 primarily become of no operation.Effort are being made to lnitiate business activity during the current year. Dividend As the company incurred loss during the year, no dividend is proposed to be declared. Directors Mrs. Shiwani Singh, Director of the Company, who is liable to retire by rotation at the ensuing Annual General Meeting of the Company and being eligible offer himself for reappointment. Fixed Deposits The Company has not accepted any fixed deposits from the Shareholders/ public during the year under review within the meaning of Section 58A of the Companies Act, 1956. Auditors M/s Nidhi Bansal & Co., Statutory Auditors of the Company will retire at the ensuing Annual General Meeting and being eligible for re-appointment, you are requested to approve their re-appoint as statutory Auditors and to fix their remuneration at the forthcoming Annual General Meeting. CORPORATE GOVERNANCE Clause 49 of the Listing Agreement relating to Corporate Governance does not apply to the Company. - Auditors'' Report The Auditors'' Report along with Notes on Accounts are Self-explanatory and therefore, do not call for any further comments or explanation. Directors'' Responsibility Statements Pursuant to the requirement of Section 217(2AA) of the Companies Act, 1956 with respect to Directors'' Responsibility Statements, it is hereby confirmed: i) that in preparation of the Annual Accounts for the financial year ended 31st March, 2014, the applicable accounting standards had been followed along with proper explanation relating to material departures; ii) that the directors had selected such accounting policies and applied them consistently and made judgments and estimates that were reasonable and prudent so as to give a true and fair view of the state of affairs of your Company at the end of the financial year and of the profit of your Company for that period, iii) that the directors had 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; iv) that the directors had prepared the Annual Accounts for the financial year ended 31st March, 2014 on a going concern basis. Energy Conservation. Technology Absorption. Foreign Exchange Earning and Outgo Information on conservation of energy, technology absorption, foreign exchange earning and outgo required to be given pursuant to Section 217(1 )(e) of the Companies Act, 1956, read with the Companies (Disclosures of particulars in the Report of the Board of Directors) Rules 1988 is mentioned below: i) Conservation of Energy Being Finance & Investment Company, this clause is not applicable for the Company. ii) Technology Absorption The prescribed Form-B is not applicable to the Company. Employees Employee''s relations continue to be cordial during the year. Acknowledgements The Directors wish to record their sincere gratitude for our valued Business associates for the continuous co-operation, support and assistance extended by them. We place on record our appreciation of the commitment, dedication and hard work put in by employees of the Company. We also thank our members for the continued support received from them. By Order of the Board For Multipurpose Trading and Agencies Ltd. Place: New Delhi Date: 25.08.2014 Ashish Singh DIRECTOR Din:00066423 r/o B-1, Kalindi New Delhi-110065

Director’s Report

Quick links