RR INVESTOR CAPITAL SERVICES PRIVATE LIMITED
ANNUAL REPORT 2008-2009
DIRECTOR'S REPORT
To
The members of
RR Investor Capital Services Private Limited
Your Directors have pleasure in presenting the 9th Annual report together
with the Audited Accounts of the Company for the year 01.07.2008 to
30.06.2009.
OPERATING RESULTS
During the year ended 30.06.2009
Particulars Amount (Rs)
Sales or any other income 26,28,52,881
Expenditure 24,26,22,481
Profit/(loss) Before Tax 20,230,399
Profit/(loss) After Tax 16,427,564
Transfer to reserves NIL
Proposed dividend NIL
DIRECTORS
Mr.Rajender Singh Rautela, Director of the Company retires by rotation at
the ensuring Annual General Meeting and being eligible, offers him self for
re-appointment..
DIRECTORS RESPONSIBILITY STATEMENT
As per the provision of section 217(2A) of the Companies Act,1956, your
Directors confirm as under:-
v) That in the preparation of the annual accounts, the applicable
accounting standards have been followed along with proper explanation
relating to material departures;
vi) That the directors 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 if the company
for that period;
vii) That the directors have 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 for
preventing and detecting fraud and other irregularities;
viii) That the directors have prepared the annual accounts on a going
concern basis.
AUDITORS
M/S. Rajeev Kumar Gupta, Chartered Accountant, Auditor of the company
retires at the ensuing Annual General Meeting and being eligible offer
themselves for reappointment as auditors of the Company to hold office from
the conclusion of ensuing annual general meeting until the conclusion of
next annual general meeting of the Company. As required under section 224-
1B of the Companies Act, 1956 the company has obtained from them a
confirmation to the effect that their appointment, if made, would be in
conformity with the limits prescribed in the said section.
FIXED DEPOSITS
The company has not accepted or renewed any fixed deposit during the year
under review.
ENERGY CONSERVATION, TECHNOLOGY, ABSORPTION AND FOREIGN EXCHANGE EARNING
AND OUTGO
There has been no foreign exchange earning and outgo during the period
under review.
The information relating to Conservation of Energy, Technology Absorption
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 are not applicable as the company is engaged mainly
in securities related business.
PERSONNEL
Your Directors place on record their appreciation for the efficient
services rendered by the employees of the company. None of the employee was
in receipt of remuneration more than the limit prescribed under Section
217(2A) of the Companies Act, 1956 read with companies (Particulars of
Employees) Rules, 1975 and hence no information is appended in this regard.
ACKNOWLEDGEMENT
Your Directors place on record their deep appreciation and gratitude for
the co-operation and assistance extended to the company by banks and
various Govt. departments.
By order of the Board
For RR Investor Capital Services Private Limited
Sd/- Sd/-
Date : 30.09.2009 Minu Sangal Rajendra Singh Routela
Place: New Delhi Director Director
SECRETARIAL COMPLIANCE CERTIFICATE
To,
The Members,
M/S RR INVESTOR CAPITAL SERVICES PRIVATE LIMITED.
47, M.M.Road, Rani Jhansi Marg, Jhandewalan,
New Delhi, 110055
I have examined the Registers, Records, and Books & Papers of M/S RR
INVESTOR CAPITAL SERVICES PRIVATE LIMITED required to be maintained under
the Companies Act, 1956 and the rules made there under and also the
provisions contained in the Memorandum and Articles of Association of the
Company for the Financial Year ended on 30th June, 2009. In my opinion and
to the best of my information provided by the Company and according to the
examinations carried out by me and explanations furnished to me by the
Company, its officers and agents, I certify that in respect of aforesaid
financial year:
13. The Company has kept and maintained all registers as stated in Annexure
A' to this Certificate, as per the provisions of the Act and Rules made
there under and all entries therein have been duly recorded.
14. The Company has duly filed the forms and returns as stated in Annexure
B' to the Certificate, with the Registrar of Companies.
15. The Company being a Private Limited which is a subsidiary of a public
Company has the minimum prescribed paid-up capital and its maximum number
of members during the said financial year was within the limits prescribed
under the Act and:
(a) has not invited public to subscribe for its shares or debentures; and
(b) has not invited or accepted any deposits from persons other than its
members, Directors and their relatives.
16. The Board of Directors duly met Five times respectively on 17th August
2008, 29th September 2008, 31st December 2008, 31st March 2009 and 29th
June 2009 respect of which proper notices were given and the proceedings
were properly recorded in the Minutes book and signed.
17. The Company has not closed its Register of Members during the financial
year.
18. The Annual General Meeting for the financial year ended on 30th June
2008 was held on 31st December,2008 after giving due notices to the Members
of the Company and the resolution passed thereat were duly recorded in
minutes book maintained for the purpose.
19. No Extra-Ordinary General Meetings was held during the financial year.
20. The Company being a subsidiary of a public company, provisions of
Section 295 would be applicable but no loans have been given to the
directors for the year ending 30th June 2009.
21. The Company has not entered into any Contracts falling within the
preview of Section 297 of the Act.
22. The Company has duly recorded in the register maintained under Section
301(3) of the Act, the general notices received from the directors under
section299 (3)(a) of the Act.
23. As there were no instances falling within the preview of Section 314 of
the Act, the Company has not obtained any approval from the Board of
Directors, Members or the Central Government.
24. The Company has not issued any Duplicate Share Certificates during the
Financial Year.
13. (a) There is not transfer/ transmission of the shares during the year.
(b) The Company has not deposited the amount of dividend in a separate bank
account since there is no declaration of dividend.
(c) The Company was not required to post warrant to any member of the
Company as no dividend was declared during the year.
(d) The Company has no amounts in unpaid dividend accounts application
money due for refund, matured deposits, matured debentures and the interest
accrued thereon which have remained unclaimed or unpaid for a period of
seven years requiring transfer to Investor Education & Protection Fund.
(e) The company has duly complied with the requirements of Section 217 of
the Act.
34. The Board of Directors of the Company is duly constituted. There was no
appointment and cessation of directors during the year.
35. The Company's paid up capital is less than 5 Crores, so the company is
not required to comply with provisions of section 269 of the Act with
regard to appointment of Managing Director/Whole time Director or Manager.
36. The Company has not appointed any sole selling agents during the
financial year.
37. The Company was not required to obtain any approval of the Central
Government, Company Law Board, Regional Directors, Registrar and / or such
authorities prescribed under the various provisions of the Act during the
financial year.
38. The Directors have disclosed their interest in other firms / Companies
to the Board of Directors pursuant to the provisions of the Act and the
rules made there under.
39. There were no allotments of Shares during the year.
40. The Company has not bought back any shares during the financial year.
41. There was no redemption of preference shares or debentures during the
financial year.
42. There were no transactions necessitating the company to keep in
abeyance the right to dividend, Right shares and Bonus Shares pending
registration of transfer of shares.
43. The Company has not invited/accepted any deposits including any
unsecured loans falling within the preview of Section 58A during the
financial year.
44. The Company has duly complied with the provisions of Section 293(1) (d)
of the Act for the year ended 30th June 2009.
45. The Company has duly complied with the provisions of section 372A of
the Act for the year ended 30th June 2009.
46. The Company has not altered the provisions of the Memorandum with
respect to the Situation of the Company's Registered Office from one state
to another during the year under scrutiny.
47. The Company has not altered the provisions of the Memorandum with
respect to the Objects of the Company during the year under scrutiny.
48. The Company has not altered the provisions of the Memorandum with
respect to the Name of the Company during the year under scrutiny.
49. The Company has not altered the provisions of the Memorandum of
Association with respect to the Share Capital of the Company.
50. The Company has not altered its Articles of Association during the
Financial Year.
51. As per the information given by the company, there was no prosecution
initiated against or show cause notices received by the Company and no
fines or penalties or any other punishment was imposed on the company
during the financial year, for offences under the Act.
52. The Company has not received any money as security from its employees
during the Financial Year.
53. The Company has not constituted a separate provided fund trust for its
employees or class of its employees as contemplated under section 418 of
the Act.
For SUDHIR ARYA & ASSOCIATES.
(Company Secretaries)
Sd/-
(SUDHIR KUMAR ARYA)
C.P. No: 8391
Place: Delhi
Date : 30/09/2009
ANNEXURE A'
Registers as maintained by the Company
7. Register of Members u/s 150
8. Registers & Returns u/s 163
9. Minutes Book of Meetings U/s 193
10. Books of Accounts u/s 209.
11. Register of particulars of Contracts in which directors are interested
u/s 301.
12. Register of Directors & Managing Director u/s 303
ANNEXURE B'
According to the Record shown by the Company, and the information available
on the MCA website, the following Forms and Returns are filed with the
Registrar of Companies during the financial year ending on 30th June, 2009.
Form No./Documents Filed Under Date of Filing Whether filed Whether
Section of Document within requisite
prescribed additional
time fee paid
1. Form 18 146 05/07/2008 Yes N.A.
|