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 Third Annual Report together with the
audited statement of accounts for the year ended 31st March 2014.

FINANCIAL RESULTS & PROSPECTS

The Company has not earned any income from operation during the current year
under review. The other income earned was of Rs. 215,753 as against that of Rs. Nil
for the corresponding previous year. The expense incurred was of Rs. 3,874,120
during the period. The loss before and after taxes was of Rs. 3,874,120 as against that
of Rs. 7,500 for the corresponding previous year. Your Directors are hopeful of
commencing business activities during the current year.

DIVIDEND

In view of continuing losses, 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 Mr. Girish Dhoot, (Membership No. 102476), the Statutory
Auditors of the Company, expires at the end of the ensuing annual general meeting.
Mr. Girish Dhoot, Chartered Accountants, Mumbai, have consented and have
intimated about their eligibility and availability u/s 139(1) and the Companies
(Audit and Auditors) Rules, 2014. In terms of Section 139(1), the Statutory Auditors
have to be appointed for a period of five years. You are requested to appoint Mr.
Girish Dhoot, Chartered Accountants, Mumbai as the Statutory Auditors of
Company to hold office from the conclusion of the ensuing Annual General Meeting
to the conclusion of Eighth Annual General Meeting and also to 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: 4th September, 2014