Details regarding energy conservation Information required to be provided under section 217 (1)(e) of the companies Act, 1956, read with the companies (Disclosure of Particular in the Report of Board of Directors Rules, 1988, in relation to conservation of Energy and Technology Absorption are currently not applicable to the Company. Details regarding foreign exchange earnings and outgoForeign currency earnings and outgo during the year is also not applicable. Details regarding technology absorptionInformation required to be provided under section 217 (1)(e) of the companies Act, 1956, read with the companies (Disclosure of Particular in the Report of Board of Directors Rules, 1988, in relation to conservation of Energy and Technology Absorption are currently not applicable to the Company. Disclosure in board of directors report explanatoryTo Members CAREER POINT EDUTECH LTD Kota
Your Directors have pleasure in presenting Annual Report of the Company, together with the audited statement of account for the year ending on 31.03.2014. 1. Financial Results Detail of financial results for the year ended 31st March, 2014 are attached with this report. 2. Dividend Your directors regret their inability to recommend any dividend for the period ended 31st March, 2014. 3. Auditors iv) Hussain & Associates. Chartered Accountants, statutory auditors of your company, hold office until the conclusion of the ensuing annual general meeting and are eligible for re-appointment. The board proposes to and request to appoint Auditors and fix their remuneration. 4. Auditors Report All the items on which the auditors have commented in their report are self explanatory. 5. Director’s responsibility statement iv) That in the preparation of the annual accounts, 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 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 2013-14 and of the loss of the 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 this Act, 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 on a going concern basis.
6. Energy Conservation Technology Absorption and Foreign Exchange Earnings and Outgo Information required to be provided under section 217 (1)(e) of the companies Act, 1956, read with the companies (Disclosure of Particular in the Report of Board of Directors Rules, 1988, in relation to conservation of Energy and Technology Absorption are currently not applicable to the Company. Foreign currency earnings and outgo during the year is also not applicable. 7. Acknowledgement The directors wish to record their thankful appreciation for the sincere co-operation and valuable guidance received from stakeholders. BY ORDER OF THE BOARD
Place: KOTA (Rahul Nawal) (Rahul Nyati) Dated: May 26, 2014 Director DIN : 05243940
Director DIN :05179184
Disclosures in director’s responsibility statementi) That in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures. |