డైరెక్టర్ల నివేదిక Ami Computers (I) Ltd.

Mar 31, 2009

The Directors are presenting the Annual Report together with the Audited Accounts of the Company for the year ended March 31,2009.

FINANCIAL RESULTS:

Amount in (Rs.) Amount in (Rs.) Year ended Year ended 31-03-2009 31-03-2008

Gross Income NIL NIL

Total Expenditure NIL NIL

Profit /(Loss) before Tax NIL NIL

Balance b/f from previous years (179835618) (179835618)

Balance carried to balance sheet (179835618) (179835618)

DIVIDEND:-

Your Directors is not in a position to recommend any dividend for the current year in view of losses incurred.

BOARD OF DIRECTORS:-

Sri Kundan Mal Banthia retires by rotation at this meeting and is eligible for reappointment. The Board recommends the re-appointment of Sri Kundan Mal Banthia.

AUD1TORS:-

m/s. R.Pagalia & Company. Chattered Accountants, holds office as Auditors of the Company until the conclusion of the ensuing Annual General Meeting and is recommended for re-appointment The Board proposes their appointment.

AUDITORS QUALIFICATION

The auditors qualification in connection with the accounts of the company generally pertains to fixed assets, sundry debtors etc. Since the Company is not having adequate business operations in the sluggish market hence some of the generally accepted accounting procedures could not be followed properly and same is to be taken care.

STATUTORY INFORMATION

Particular of Employees:-

The Company had no employee drawing Rs. 2,00.000/- or more per month or Rs. 24.00,000/- or more per annum during the period and as required under Section 217(2 A) of the Companies Act, 1956 .

Conservation of Energy & Technology Absorption.

Particulars required under section 217(1) (e) of the Companies Act. 1956, on conservation of energy, technology absorption are not applicable as this is not a manufacturing concern.

DIRECTORS RESPONSIBILITY STATEMENT:

In accordance with the Section 217(2AA) of the Companies Act, 1956 the Directors to the knowledge and belief confirm that:

i) That in the preparation of the accounts for the financial year ended 31st March,2009, the applicable accounting standards have been followed along with proper explanations relating to material departures,

ii) That the Directors have selected such accounting policies and applied them consistently and made judgements that are reasonably and prudent so as to give a true and fair view of the state of affairs of the Company as at the end of the financial year under review and of the loss of the Company for the year under review,

iii) That the Directors have taken proper and 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 and for preventing and detecting frauds and other irregularities.

iv) That the Directors have prepared the accounts for the financial year ended 31.03.2009 on a going concern basis.

APPRECIATION

Your Directors acknowledge the recognition accorded and trust reposed in your Company by all those concerned and connected with the Company.

By Order of the Board

Director Director

Place: - Kolkata

Date:-26th June. 2009

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Mar 31, 2007

The Directors are presenting the Annual Report together with the Audited Accounts of the Company for the year ended March 31,2007.

FINANCIAL RESULTS:

Amount in (Rs.) Amount in (Rs.) Year ended Year ended 31-03-2007 31-03-2006

Gross Income 2342813 3097571

Total Expenditure 9065872 66924661

Profit /(Loss) before Tax (6723059) (63827090)

Balance b/f from previous years (173112559) (109285469)

Balance carried to balance sheet (179835627) (173112559)

DIVIDEND:-

Your Directors is not in a position to recommend any dividend for the current year in view of losses incurred.

BOARD OF DIRECTORS:-

Sri Kamal Singh Nahata, retires by rotation at this meeting and is eligible for reappointment. The Board recommends the re-appointment of Sri Kamal Singh Nahata.

AUDITORS:-

M/s. R.Pagalia & Company. Chattered Accountants, holds office as Auditors of the Company until the conclusion of the ensuing Annual General Meeting and is recommended for re-appointment. The Board proposes their appointment.

AUDITORS QUALIFICATION

The auditors qualification in connection with the accounts of the company generally pertains to fixed assets, sundry debtors etc. Since the Company is not having adequate business operations in the sluggish market hence some of the generally accepted accounting procedures could not be followed properly and same is to be taken care.

STATUTORY INFORMATION

Particular of Employees:-

The Company had no employee drawing Rs. 2,00.000/- or more per month or Rs. 24.00,000/- or more per annum during the period and as required under Section 217(2 A) of the Companies Act, 1956 .

Conservation of Energy & Technology Absorption.

Particulars required under section 217(1) (e) of the Companies Act. 1956, on conservation of energy, technology absorption are not applicable as this is not a manufacturing concern.

DIRECTORS RESPONSIBILITY STATEMENT:

In accordance with the Section 217(2AA) of the Companies Act, 1956 the Directors to the knowledge and belief confirm that:

i) That in the preparation of the accounts for the financial year ended 31st March,2007, the applicable accounting standards have been followed along with proper explanations relating to material departures,

ii) That the Directors have selected such accounting policies and applied them consistently and made judgements that are reasonably and prudent so as to give a true and fair view of the state of affairs of the Company as at the end of the financial year under review and of the loss of the Company for the year under review,

iii) That the Directors have taken proper and 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 and for preventing and detecting frauds and other irregularities.

iv) That the Directors have prepared the accounts for the financial year ended 31.03.2007 on a going concern basis.

APPRECIATION

Your Directors acknowledge the recognition accorded and trust reposed in your Company by all those concerned and connected with the Company.

By Order of the Board

(Kamal Singh Nahata) (Kundan Mal Banthia)

Director Director

Place: - Kolkata

Date:- 30th June. 2007