Spicejet Annual Report

Only available on StudyMode
  • Download(s) : 361
  • Published : March 19, 2012
Open Document
Text Preview
CONTENTS
Particulars Notice Directors’ Report Management Discussion and Analysis Corporate Governance Report Auditors’ Report Balance Sheet Profit & Loss Account Cash flow Statement Schedules to Financial Statements Note to Accounts Balance Sheet Abstract Page No. 1 11 16 27 37 42 43 44 46 53 68

Intentionally Left Blank

Registered Office: Murasoli Maran Towers, 73, MRC Nagar Main Road, MRC Nagar, Chennai- 600 028

N O T I C E I S H E R E B Y G I V E N T H AT T H E T W E N T Y S E V E N T H A N N U A L G E N E R A L MEETING OF THE SHAREHOLDERS OF SPICEJET LIMITED WILL BE HELD ON THURSDAY, THE 29 TH DAY OF SEPTEMBER, 2011 AT 10.00 A.M. AT THE KALAIGNAR ARANGAM, ANNA ARIVALAYAM, 367/369, ANNA SALAI, TEYNAMPET, CHENNAI – 600 018 TO TRANSACT THE FOLLOWING BUSINESS: Ordinary Business 1. 2. To consider and adopt the Balance Sheet as at March 31, 2011, Profit and Loss Account for the year ended on that date and the Reports of the Board of Directors and Auditors thereon. To appoint M/s S. R. Batliboi & Associates, Chartered Accountants, retiring auditors, as the Auditors of the Company, who shall hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting on such remuneration as may be fixed by the Board.

Special Business 3. To consider and if thought fit, to pass, with or without modifications, the following resolution as an Ordinary Resolution: “Resolved that Mr. Kalanithi Maran, in respect of whom the Company has received a notice pursuant to the provisions of Section 257 of the Companies Act, 1956 proposing his candidature to the office of director, be and is hereby appointed as director of the Company liable to retire by rotation.” 4. To consider and if thought fit, to pass, with or without modifications, the following resolution as an Ordinary Resolution: “Resolved that Mrs. Kavery Kalanithi, in respect of whom the Company has received a notice pursuant to the provisions of Section 257 of the Companies Act, 1956 proposing her candidature to the office of director, be and is hereby appointed as director of the Company liable to retire by rotation.” 5. To consider and if thought fit, to pass, with or without modifications, the following resolution as an Ordinary Resolution: “Resolved that Mr. J. Ravindran, in respect of whom the Company has received a notice pursuant to the provisions of Section 257 of the Companies Act, 1956 proposing his candidature to the office of director, be and is hereby appointed as director of the Company liable to retire by rotation.”

27th Annual Report 2010-2011

1

6.

To consider and if thought fit, to pass, with or without modifications, the following resolution as an Ordinary Resolution: “Resolved that Mr. Nicholas Martin Paul, in respect of whom the Company has received a notice pursuant to the provisions of Section 257 of the Companies Act, 1956 proposing his candidature to the office of director, be and is hereby appointed as director of the Company liable to retire by rotation.

7.

To consider and if thought fit, to pass, with or without modifications, the following resolution as an Ordinary Resolution: “Resolved that Mr. M. K. Harinarayanan, in respect of whom the Company has received a notice pursuant to the provisions of Section 257 of the Companies Act, 1956 proposing his candidature to the office of director, be and is hereby appointed as director of the Company liable to retire by rotation.”

8.

To consider and if thought fit, to pass without modifications, the following resolution as an Ordinary Resolution: “Resolved that in accordance with the provisions of Section 94 and other applicable provisions, if any, of the Companies Act, 1956 (including any statutory modification(s) or enactments thereof for the time being in force) read with Clause 48 of the Articles of Association of the Company, the authorised share capital of the Company be increased from Rs.5,000,000,000 (Rupees Five Thousand...
tracking img