k j international ltd Management discussions


K.J. INTERNATIONAL LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS I. Review of operations: The Company is a Sick Company with in the meaning of the Sick Industrial Companies (Special Provisions) Act, 1985. Moreover the case of the Company is with the Debt Recovery Tribunal Chandigarh and Delhi. The Factories have been closed for the last nine years. During the financial year 2007-08 the company did receive some Job work orders but due to obsolete Plant & Machinery, it did not materialize. The Company plans to start production next year and necessary plan in this regard is under way.