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Rajdhani Leasing & Industries Ltd.

BSE: 523030 | NSE: | Series: NA | ISIN: INE608D01016 | SECTOR: Miscellaneous

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Rajdhani Leasing & Industries is not traded on BSE in the last 30 days

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Rajdhani Leasing & Industries is not listed on NSE

Annual Report

For Year :
2015 2014 2013 2012 2011 2008 2006

Director’s Report

The Directors have pleasure in presenting the Annual Report along with the audited statement of Accounts for the year ended on 31st March, 2008. FINANCIAL RESULTS ITEM As on 31st March, 2008 As on 31st March, 2007 (Rs. in lacs) (Rs. in lacs) Sales & other Income Nil 1,782,254 Profit / Loss before (407,616) 206,405 depreciation and tax Tax 249 518,689 Loss after tax and 407,865 312,284 depreciation Profit brought forward 2,438,119 2,750,403 Balance carried to 2,030,254 2,438,119 balance sheet CURRENT BUSINESS OPERATIONS & FUTURE OUTLOOK During the year, the Company has not been able to do any significant business due to continued recessionary conditions. There was no income in the current year. Company has incurred administrative expenditure heavily. However the directors are hopeful of improved performance both in terms of turnover and profitability in the current year. DIVIDEND The board regrets their inability to recommend any dividend to their shareholders. DIRECTORS RESPONSIBILITY STATEMENT As per the requirement of section 217(2AA) of the Companies Act, 1956 with respect to Directors responsibility statement, it is confirmed: 1 .That in the preparation of the accounts for the financial year ended 31st March,2008 the applicable accounting standards have been followed along with proper explanations relating to material departures; 2.That the Directors have selected such accounting policies & applied them consistently & made judgments & estimates that were reasonable & prudent so as to give a true & fair view of the state of affairs of the Company at the end of the financial year and of the profit or loss of the Company for that period. 3. That the Directors have taken proper & 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 & for preventing & detecting fraud & other irregularities. 4. That the Directors have prepared the accounts of the Company for the financial year ended 31st March, 2008 on a going concern basis. DEPOSITS The Company has not accepted any deposits under Section 58A of the Companies Act, 1956 during the year under review DIRECTORS Shri Ravi Sawlani, Director retires by rotation at the ensuing Annual General Meeting and being eligible, offers himself for reappointment. Shri. Anil Kaula, Director had resigned from the directorship of the Company and his resignation was accepted by the Board w.e.f. 04.04.2008. The Board placed on record its appreciation of services rendered and guidance provided by him during his tenure with the Company. PARTICULARS OF EMPLOYEES: During the financial year under review, none of the Companys employee was in receipt of remuneration as prescribed under section 217(2A) of the Companies Act, 1956 read with The Companies (Particulars of Employees) Rules, 1975, and hence no particulars required to be disclosed in this report. THE COMPANIES (DISCLOSURE OF PARTICULARS IN THE REPORT OF BOARD OF DIRECTORS) RULES. 1988 Conservation of Energy: Since the Company is not carrying on any business, therefore no step has been taken in this regard. Research & Development activity and Absorption of Technology: N.A. Foreign Exchange-Earning /Outgo: Nil LISTING AND NBFC STATUS The equity shares of the company are presently listed on the Mumbai Stock exchange. The company is presently holding the registration with RBI as NBFC under category B as no deposit accepting company. AUDITORS Agarwal Ravinder fit Associates Auditors of the Company will hold office until the conclusion of the ensuing Annual General Meeting. The Company has received certificate from them to the effect that their appointment, if made, would be within the limits prescribed under Section 224 (1B) of the Companies Act, 1956. The notes to the accounts read with the Auditors Report are self explanatory and therefore, do not call for any further comments. AUDITORS REPORT The Directors have gone through the Auditors report and are in agreement with the same. COMPLIANCE CERTIFICATE The Directors have gone through the observations made by Practicing Company secretary through their Compliance Certificate under Section 383A (1) of Companies Act, 1956 and are in agreement with the same. CORPORATE GOVERNANCE: The Company is seized of the concept of corporate governance and the principle underlying the same. As a part of good corporate governance, the company has already taken adequate steps to ensure conditions of Corporate Governance as contained in amended clause 49 of the Listing Agreement with the stock Exchange to the extent applicable. It had constituted committees including Share Transfer Committee, Investor Grievances Committee etc. APPRECIATION The Board places on record the continue patronage of its shareholders, Government agencies, Bankers, and Customers of the Company. By Order of the Board Place: New Delhi Semtember 01, 2008 Director

Director’s Report