brigade tetrarch private limited AWS
BRIGADE TETRARCH PRIVATE LIMITED ANNUAL REPORT 2011‐2012
N O T IC E Notice is hereby given that the SEVENTEENTH ANNUAL GENERAL MEETING of Brigade Tetrarch Private Limited will be held at 12.30 p.m. on Thursday, 2nd August, 2012 at 30 th Floor, World Trade center, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, MalleswaramRajajinagar, Bangalore - 560 055 to transact the following business: AGENDA ORDINARY BUSINESS 1.
To receive, consider and adopt the Audited statement of Accounts as at 31 st March 2012 and the reports of the Board of Directors and the Auditors.
2. To appoint a Director in place of Mr. M. R. Jaishankar, who retires by rotation and being eligible, offers himself for re-appointment. 3. To re-appoint Auditors.
By order of the Board of Directors for Brigade Tetrarch Pvt. Ltd.
Place: Bangalore Date: 24th April, 2012
Sd/M.R.Jaishankar Director
NOTES: a) A MEMBER ENTITLED TO ATTEND AND VOTE IS ENTITLED TO APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF / HERSELF AND THE PROXY NEED NOT BE A MEMBER. b) Proxies in order to be effective must be received at the Registered Office of the Company not less than forty eight hours before this Annual General Meeting.
Brigade Tetrarch Pvt. Ltd. Regd. Office : 29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore- 560 055 Phone: +91-80-4137 9200, Fax : +91-80-2221 0784
DIRECTORS’ REPORT To The Members, Your Directors have pleasure in presenting the Seventeenth Annual Report of the Company, along with the Audited Statement of Accounts, for the year ended 31st March, 2012. 1. FINANCIAL HIGHLIGHTS The financial highlights of the Company for the year ended 31st March, 2012 is as follows: Particulars Income Direct Expenses Administrative Expenses Profit before tax Balance in Profit & Loss Account brought forward from previous year Balance carried to Balance Sheet
(Rupees in Lakhs) 2011-2012 2010-2011 0.29 5.12 0.11 19.17 0.30 0.38 (0.12) (14.43) (0.12) (14.43) (36.95)
(36.84)
2. DIVIDEND Directors have not recommended any dividend since the Company has incurred a loss. 3. REVIEW OF OPERATIONS DURING THE YEAR During the financial year 2011-12, the Company has registered income from operations amounting to Rs 0.29 Lakhs and incurred a loss of Rs. 0.12 Lakhs. The Company during the year has shifted the Registered office from “Penthouse, Brigade Towers, 135, Brigade Road, Bangalore - 560025” to “29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore - 560055” There has been no change in the share capital of the Company during the year.
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Brigade Tetrarch Pvt. Ltd. Regd. Office : 29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore- 560 055 Phone: +91-80-4137 9200, Fax : +91-80-2221 0784
4. DIRECTORS Mr. M. R. Jaishankar retires by rotation and being eligible offers himself for re-appointment. None of the Directors of the Company are disqualified under Section 274(1) (g) of the Companies Act, 1956. 5. DIRECTORS’ RESPONSIBILITY STATEMENT As stipulated under Section 217 (2AA) of the Companies Act, 1956, your Directors confirm as under:-
6.
a)
that in the preparation of the Annual Accounts, the applicable accounting standards have been followed along with the proper explanation relating to material departures
b)
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 and of the Profit and Loss of the Company for that period.
c)
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.
d)
That the Directors had prepared the Annual Accounts on a going concern basis.
CONSERVATION OF ENERGY, TECHNOLOGY FOREIGN EXCHANGE EARNINGS AND OUTGO
ABSORPTION
AND
The provisions of Section 217(1)(e) of the Companies Act, 1956 relating to the conservation of energy and technology absorption are not applicable to the Company. There are no Income or Expenditure in Foreign Currency earned or incurred during the year. 7.
FIXED DEPOSITS During the year under review your Company has not accepted any fixed deposits from its directors or shareholders.
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Brigade Tetrarch Pvt. Ltd. Regd. Office : 29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore- 560 055 Phone: +91-80-4137 9200, Fax : +91-80-2221 0784
8.
PARTICULARS OF EMPLOYEES UNDER SECTION 217(2A) There are no employees in the Company who are in receipt of remuneration in excess of the limits prescribed in section 217(2A) of the Companies Act, 1956 during the year under review.
10.
COMPLIANCE CERTIFICATE: A Compliance Certificate as required under Section 383A(1) of the Companies Act, 1956 from the Practicing Company Secretary as to the compliance with all provisions of the Companies Act, 1956 is attached to this report.
11.
AUDITORS The present Auditors, M/s. Narayanan Patil & Ramesh, Chartered Accountants, the Statutory Auditors of the Company retire at the ensuing Annual General Meeting of the Company and being eligible for reappointment, have offered themselves for re-appointment.
11.
ACKNOWLEDGEMENT Your Board of Directors would like to express its appreciation to all the Company’s valued customers – Shareholders, Consultants, Contractors, Suppliers, Agents for their support, co-operation, guidance and the confidence reposed on the Company and continued patronage.
for and on behalf of the Board
Place : Date :
Bangalore 24th April, 2012
Sd/M.R.Jaishankar Director
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Sd/Githa Shankar Director
N O T IC E Notice is hereby given that the SEVENTEENTH ANNUAL GENERAL MEETING of Brigade Tetrarch Private Limited will be held at 12.30 p.m. on Thursday, 2nd August, 2012 at 30 th Floor, World Trade center, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, MalleswaramRajajinagar, Bangalore - 560 055 to transact the following business: AGENDA ORDINARY BUSINESS 1.
To receive, consider and adopt the Audited statement of Accounts as at 31 st March 2012 and the reports of the Board of Directors and the Auditors.
2. To appoint a Director in place of Mr. M. R. Jaishankar, who retires by rotation and being eligible, offers himself for re-appointment. 3. To re-appoint Auditors.
By order of the Board of Directors for Brigade Tetrarch Pvt. Ltd.
Place: Bangalore Date: 24th April, 2012
Sd/M.R.Jaishankar Director
NOTES: a) A MEMBER ENTITLED TO ATTEND AND VOTE IS ENTITLED TO APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF / HERSELF AND THE PROXY NEED NOT BE A MEMBER. b) Proxies in order to be effective must be received at the Registered Office of the Company not less than forty eight hours before this Annual General Meeting.
Brigade Tetrarch Pvt. Ltd. Regd. Office : 29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore- 560 055 Phone: +91-80-4137 9200, Fax : +91-80-2221 0784
DIRECTORS’ REPORT To The Members, Your Directors have pleasure in presenting the Seventeenth Annual Report of the Company, along with the Audited Statement of Accounts, for the year ended 31st March, 2012. 1. FINANCIAL HIGHLIGHTS The financial highlights of the Company for the year ended 31st March, 2012 is as follows: Particulars Income Direct Expenses Administrative Expenses Profit before tax Balance in Profit & Loss Account brought forward from previous year Balance carried to Balance Sheet
(Rupees in Lakhs) 2011-2012 2010-2011 0.29 5.12 0.11 19.17 0.30 0.38 (0.12) (14.43) (0.12) (14.43) (36.95)
(36.84)
2. DIVIDEND Directors have not recommended any dividend since the Company has incurred a loss. 3. REVIEW OF OPERATIONS DURING THE YEAR During the financial year 2011-12, the Company has registered income from operations amounting to Rs 0.29 Lakhs and incurred a loss of Rs. 0.12 Lakhs. The Company during the year has shifted the Registered office from “Penthouse, Brigade Towers, 135, Brigade Road, Bangalore - 560025” to “29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore - 560055” There has been no change in the share capital of the Company during the year.
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Brigade Tetrarch Pvt. Ltd. Regd. Office : 29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore- 560 055 Phone: +91-80-4137 9200, Fax : +91-80-2221 0784
4. DIRECTORS Mr. M. R. Jaishankar retires by rotation and being eligible offers himself for re-appointment. None of the Directors of the Company are disqualified under Section 274(1) (g) of the Companies Act, 1956. 5. DIRECTORS’ RESPONSIBILITY STATEMENT As stipulated under Section 217 (2AA) of the Companies Act, 1956, your Directors confirm as under:-
6.
a)
that in the preparation of the Annual Accounts, the applicable accounting standards have been followed along with the proper explanation relating to material departures
b)
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 and of the Profit and Loss of the Company for that period.
c)
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.
d)
That the Directors had prepared the Annual Accounts on a going concern basis.
CONSERVATION OF ENERGY, TECHNOLOGY FOREIGN EXCHANGE EARNINGS AND OUTGO
ABSORPTION
AND
The provisions of Section 217(1)(e) of the Companies Act, 1956 relating to the conservation of energy and technology absorption are not applicable to the Company. There are no Income or Expenditure in Foreign Currency earned or incurred during the year. 7.
FIXED DEPOSITS During the year under review your Company has not accepted any fixed deposits from its directors or shareholders.
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Brigade Tetrarch Pvt. Ltd. Regd. Office : 29th Floor, World Trade Centre, Brigade Gateway Campus, 26/1, Dr.Rajkumar Road, Malleswaram-Rajajinagar, Bangalore- 560 055 Phone: +91-80-4137 9200, Fax : +91-80-2221 0784
8.
PARTICULARS OF EMPLOYEES UNDER SECTION 217(2A) There are no employees in the Company who are in receipt of remuneration in excess of the limits prescribed in section 217(2A) of the Companies Act, 1956 during the year under review.
10.
COMPLIANCE CERTIFICATE: A Compliance Certificate as required under Section 383A(1) of the Companies Act, 1956 from the Practicing Company Secretary as to the compliance with all provisions of the Companies Act, 1956 is attached to this report.
11.
AUDITORS The present Auditors, M/s. Narayanan Patil & Ramesh, Chartered Accountants, the Statutory Auditors of the Company retire at the ensuing Annual General Meeting of the Company and being eligible for reappointment, have offered themselves for re-appointment.
11.
ACKNOWLEDGEMENT Your Board of Directors would like to express its appreciation to all the Company’s valued customers – Shareholders, Consultants, Contractors, Suppliers, Agents for their support, co-operation, guidance and the confidence reposed on the Company and continued patronage.
for and on behalf of the Board
Place : Date :
Bangalore 24th April, 2012
Sd/M.R.Jaishankar Director
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Sd/Githa Shankar Director
