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Directors Report
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SPV Global Trading Ltd.
BSE CODE: 512221   |   NSE CODE: NA   |   ISIN CODE : INE177E01010   |   14-Mar-2023 Hrs IST
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March 2014

Details regarding energy conservation

Provision of section 217(1)(e) read with the Companies (Disclosure in the report of Board of Directors ) Rule 1986 are not applicable to your Company since your company is not scheduled industry.

Details regarding foreign exchange earnings and outgo

During the year under review Company neither earned nor spent any foreign exchange

Particulars of employees as per provisions of section 217

The Company has no employees in the category specified under section 217(2A) of the Companies Act, 1956.

Disclosures in director’s responsibility statement

Pursuant to Sub Section (2AA) of Section 217of the Companies Act, 1956, the Board of Directors of the Company hereby state and confirm that: i) in the preparation of the Annual Accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures; ii) 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 of the Company for that period ; iii) that the Directors had taken proper and sufficient care for 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 fraud and other irregularities; iv) that the Directors had prepared the Annual Accounts on a going concern basis.