rattan vanaspati ltd Management discussions


RATTAN VANASPATI LIMITED ANNUAL REPORT 2003-2004 MANAGEMENT DISCUSSION AND ANALYSIS Business scenario: Due to continuous losses in the previous years, your Company have closed operations of its plant. The efforts are being made to sell the plant and machinery of the Company. Management of Risk: The risk Management. process is to evaluate various risks associated with the business and to introduce suitable mechanism to effectively reduce such risks. The Companys plant is already closed. Internal control systems: The internal controls of the Company are centralised at the top management level and the company is not having proper system of internal checks. Human Resources: Management relations with employees remained cordial.