Amal Ltd 2014-15

Amal Ltd | Annual Report 2014-15 Majority decision is carried through while the dissenting members’ views are captured and recorded as part of the minutes wherever required. I further report that there are adequate systems and processes in the Company commensurate with the size and operations of the Company to monitor and ensure compliance with applicable laws, rules, regulations and guidelines. I further report that during the audit period there were no instances of: i) Public | Rights | Preferential issue of shares | debentures | sweat equity. ii) Redemption | buy-back of securities. iii) Major decisions taken by the Members in pursuance to Section 180 of the Act. iv) Foreign technical collaborations. I further report that during the audit period the Company has undertaken events|actions having a major bearing on the affairs of the Company in pursuance of the above referred laws, rules, regulations, guidelines, standards, etc as under i) Merger of the Company with Atul Ltd however, pending approval from Board for Industrial and Financial Reconstruction and the said scheme has not come into effect. For Nilesh A. Pradhan & Co, Practicing Company Secretaries Nilesh A. Pradhan Proprietor Place: Mumbai FCS Number: 5445 Date: April 15, 2015 COP Number: 3659