CHEELIZA TRADING PRIVATE LIMITED

CIN: U51103MH2011PTC215600
Regd Off: 704-F, Raj Legacy, LBS Road, Vikhroli (W), Mumbai - 400083
Tel: 022-24938500; Email: manisha1952@gmail.com

DIRECTORS' REPORT

To The Members,

Your Directors have pleasure in presenting Second Annual Report together with the
audited statement of accounts for the year ended 31st March 2013.

FINANCIAL RESULTS & PROSPECTS

Since your Company is yet to commence its business activities it has not earned any
income during the period under review. The expense incurred was of Rs. 7,500
during the period. The loss before and after taxes was of Rs. 7,500. Your Directors
are hopeful of commencing business activities during the current year.

DIVIDEND

Since the Company is yet to commence its business activities, your directors regret
their inability to recommend any dividend during the financial period under review.

PUBLIC DEPOSIT

The Company has not accepted any fixed deposit from public during the year under
review.

DIRECTORS’ RESPONSIBILITY STATEMENT

Pursuant to Section 217 (2AA) of the Companies Act, 1956, your directors are
pleased to confirm that:
(i) in preparation of the annual accounts, the applicable accounting standards
had been followed alongwith proper explanation relating to material
departures;
(ii) the directors had selected such accounting policies and applied them
consistently and made judgements 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 the year;
(iii) 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 regularities;
(iv) the directors had prepared the annual accounts on a going concern basis.
 CHEELIZA TRADING PRIVATE LIMITED
CIN: U51103MH2011PTC215600
Regd Off: 704-F, Raj Legacy, LBS Road, Vikhroli (W), Mumbai - 400083
Tel: 022-24938500; Email: manisha1952@gmail.com

AUDITORS & AUDITORS' REPORT

The term of Office of M/s Motilal & Associates, the Statutory Auditors of the
Company, expires at the end of the ensuing annual general meeting. M/s Motilal &
Associates has intimated the Board about their inability to render any further
services in view of their other commitments, hence they not be reappointed. On
being approached, Mr. Girish Dhoot, Chartered Accountant, Mumbai, have
consented and have intimated about their eligibility and availability u/s 224(1B) of
the Companies Act, 1956. You are requested to appoint Mr. Girish Dhoot, Chartered
Accountant, Mumbai as the Statutory Auditor of Company for the ensuing period
and also fix their remuneration.

The observations made in the Auditors’ Report are self explanatory and hence do
not call for any further comments under Section 217 of the Companies Act, 1956.

CONSERVATION OF ENERGY & TECHNICAL ABSORPTION AND FOREIGN

EXCHANGE EARNINGS & OUTGO

Particulars with respect to conservation of energy, etc. as per Sec.217(i)(e) of the

Companies Act, 1956 read with Companies (Disclosure of particulars in the Report
of the Board of Directors) Rules 1988 are annexed and forms part of this Report.

EMPLOYEES

There was no employee drawing remuneration exceeding the limits specified under
Section 217 (2A) of the Companies Act, 1956.

By Order of the Board of Directors,

Sd/- Sd/-
Promila Chadha Manisha Amarapurkar
Director Director

Mumbai, dated: 3rd September, 2013