PREMIER PLANTATIONS LIMITED
ANNUAL REPORT 2006-2007
Your directors have pleasure in presenting the 16th Annual Report together
with Audited Accounts for the period ended 31st March, 2007.
Your company had no business operations during the year. Your directors are
trying to get into alternate business and a project report is being
Mrs. Sukumary Muralidharan retires by rotation at the ensuing Annual
General Meeting and being eligible offer himself for reappointment.
DIRECTORS RESPONSIBILITY STATEMENT:
Pursuant to the requirements under Sec.217 (2AA) of the Companies Act 1956,
it is hereby confirmed,
i) That in the preparation of the annual accounts for the period ended 31st
March 2007; the applicable accounting standards have been followed.
ii) That the directors has selected such accounting policies and applied
them consistently and made judgments and estimates that were reasonable 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 and of the profit of the
Company for the year under review.
iii) That the directors had taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, for safeguarding against fraud and other
iv) That the directors had prepared the accounts for the year ended 31st
March 2007 on a going concern basis.
The Board of directors of the company consist of 3 non executive members.
The company had no chairman during the year. There were four Board Meetings
during the year. No sitting fees was paid. There were no share transfers
during the year. Since the company was not operative during the year, and
the shares not traded in any of the exchanges. the other matters of
corporate governance are not applicable.
Mr. Pradeep Kumar P. Chartered Accountant, company's auditor retires at
this AGM and being eligible offers for reappointment.
PARTICULARS OF EMPLOYEES:
The information as require under Sec. 217(2A) of the Companies Act 1956 is
not applicable as there is no employee drawing remuneration at the
CONSERVATION OF ENERGY. TECHNOLOGY, ABSORPTION AND FOREIGN EXCHANGE EARNING
The information required under Sec. 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 had no
Date : 09.09.07.
Place: Ernakulam. By order of the Board