The Directors who held office since the incorporation of this Company and to date of this report are:
1. MR. RAJESH THAKAR
2. MRS. NISHA THAKAR
The Companies Act requires the directors to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit/loss. It also requires the directors to ensure that the company keeps proper accounting records that disclose, with reasonable accuracy, the financial position of the company to enable the Company sustain itself instead of depending on its sister Companies.
They are also responsible for safeguarding the assets of the company.
The directors accept responsibility for the annual financial statements. Which have been prepared using appropriate accounting policies supported by reasonable and prudent judgments and estimates, in conformity with the international financial reporting standards and the requirements of the Companies Act.
The directors are of the opinion that the financial statements give a true and fair view of the state of the financial affairs of the company and of its profit and loss. The directors further accept responsibility for the maintenance of accounting records that may be relied upon in the preparation of financial statements, as well as adequate systems of internal financial control.