___________ LIMITED (Name of Company) DIRECTORS REPORT





To The Members,

_________________________ LIMITED

Your Directors have great pleasure in presenting the ____________ ANNUAL REPORT of the Company along with AUDITED ACCOUNTS as at 31st March '_____.

FINANCIAL RESULTS

During the year under review, the Company got good returns on his investments and earned Net Profit after tax to the tune of Rs.---------.

The Overall Financial Performance of the Company is as under;

Year Ended Year Ended

31/3/_____ 31/3/_____

Turnover

Less: Operating Expenses

Net Profit Before Tax

Provision for Taxation

Net Profit After Tax

Profit/(Loss) B/f from Previous Period

Net Profit/(Loss) Carried Over to

Balance Sheet

DIRECTORS

Shri ______________, Director of the Company, who retire by rotation and being eligible offers himself for re-appointment.

AUDITORS

M/s _____________________, Chartered Accountants, New Delhi, Auditors of the Company retires at the ensuing Annual General Meeting and being eligible, offers themselves for re-appointment.

AUDITORS' REPORT

Auditors’ Report to the accounts have been considered by the Board and clarified wherever necessary in the Schedules Notes on Accounts.

PARTICULARS OF EMPLOYEES

In pursuance of the provisions of section 217(2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Rules, 1975 your Company had no employee drawing salary of Rs.6,00,000/- or more p.a. during the financial year ending on ____________, 200___ or Rs.50,000/- or more p.m. during any part of the financial year.

or

In pursuance of the provisions of section 217(2A) of the Companies Act, 1956 read with the Companies (Particulars of Employees) Rules, 1975 a list of the employees drawing salary of Rs.6,00,000/- or more p.a. during the financial year ending on ____________, 200___ or Rs.50,000/- or more p.m. during any part of the financial year is given in Annexure ' ' to this report.

DEPOSITS

The Company has not accepted any Public Deposits within the means of section 58A of the Companies Act, 1956 and the rules made thereunder.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

Your Company has yet to start its commercial production, therefore, we would like to mention that the section 217(1)(e) of the Companies Act, 1956 read with rule (2) of the Companies (Disclosures of Particulars in the Report of Board of Directors) Rule 1988 are not applicable to this Company.

Foreign Exchange Earnings - Rs. Nil

Outgos - Rs. Nil

ACKNOWLEDGEMENT

Your Directors wish to place on record their appreciation for the co-operation and support extended by the Banks, person associated at all levels.

By order of the Board

CHAIRMAN

New Delhi,

__________, 200___.