gadchiroli metals minerals ltd Management discussions


GADCHIROLI METALS AND MINERALS LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS OPERATIONS: Since the Company has not yet commenced any activities, the Profit and Loss Account for the year ended has not been prepared As at the end of the year the Company has incurred Rs.2,235,939/- for the preliminary expenses, which will be amortised over a period of live years after commencement of business. FIXED DEPOSITS: The Company has not accepted any deposits within the meaning of Section 58A of the Companies Act, 1956 and the Rules made thereunder.