ALLIANCE PROSYS TNDIALIMITED BBGUMPE'T. HYDERABADBALANCE SHEET ASON 31.03.

2010
lrS ON PARTICULARS
Sch.

AS ON

SOURCES OF FUNDS 1. Share Holders Furrds

70,000 Sharer Capital 430,000Share Application N{oney 3,420,430Resenyes & Surplus

3,920,430 2. LoanFunds 6,913,363 Loanrs 31,74:i Deferred Tax Liabiliry 6,945.108 10,865,53i3 APPLICATION OF FUNDS L Fi:<ed Assets

500,000 B 9,298;t37
q 7qR7i7

2 8 , 9 0 3 ,I3 1
29,134,314

38,933,091

C I 1,950,069

4,095,331 Gross Block 7 3 t . 0 5 7Less:Depreciation

3,364,27.+ 2. Nert Current Assetg 48,'286,15r5 CurrentAssets 40,809,16!) Less:Current Liabilities 7,'176,98'7 3. Miscellaneous Assets 24,27ti Micellaneous Exp.Not writtenofT

1,7t18,53!_
E F G

10,r6r,539

181,402,909 152,6:;5,642

28,'/47,266

24,276

10,865,538

38,933,091

As per our Report ofeven dated For andon Behalfof the Boardof Directors
"- n ;

V /',1^''4" _.L-2:
K.Jeevan Redd5, .C \ Diyector ,'# Place: I{yderabrld Date:S-0$-2010 PiSriRangir rao Director

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ALLIANCI, PROSYSINDIA PRVATE LIMITED BEGUMPET. H}'DERABAD! PARTICULARS ASON J1.03.2010 AS ON 31.03.2009

A - SHARX CAPITAI, SCITIEDULE apital Autbqd.igiLsb!$:C 50,000 EquityShares ofRs. l0/- each andPaidUp Capital Issr,red, Subscribr;d l]quityShares ofRs. l0/- each 50,{)00 Application money Share 500,000 & STIRPLI-IS B - RESERVES SCHEDTILE Opr:ning Balance AdrJ: CunentYearProflt

500,000

500,000

500.000

70,000 430,000
500,000

3,420,430 s,878,307 9,298,737

728,800 2,691,630 3,420,430

S C H E D T I LD E. L O A N S BankOD (secured) Loans Un Secured ASSE'TS B - CT]RRENT SCHEDULE LOIANS & ADVANCES a. Cash on Hand b. Deposits c. Cash at Bank d. liundrydebtors f. Inventories g.Other Assets Current h. I-oans & Advances (A.Y.09-10) i. T'DSReceivable j. T'DS (A.Y.l0-l 1) Receivalble CrcditCard PuneBranch 26,789,491 2.113.820 6,506,238 407.125 6,91J,363

28.903Jr l

l8 80,2 1,493,980
1 )ta 575

90,0 t9 , 6 8 1 18,448,528 24,276 678,591 6,67s,369 22,3'75,874 1,1 35I ,3 3 37,22t,683 181,402,908

44,8t2 545,796 809,592 36,120,654 10,733,557 3t,745

48,286,1s6

F - CURRENTLLABILITIES SCHI]DTJLE &,PROVISIONS Surlryc,reditors payable Salaries payable CreditCardPayment Provisions Tax Income Tax Fringe tsenefit Others Duties & Taxes

141,tt3,t26 20,093 2,420,709 3,79t,520 l 0,194 5,3

I 52.655.642

37,489,237 1,192,780

I,270,860 65,94',7 790,345

40.809.169

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REPOR'I AUDITOR'S
IO

The Membersof LTD ALLI|ANCE PROSYS(INDLT\) M/rs.

BalanceSheetof M/s. Alliance Prosys (India) Ltd l . We have auditedthe attached on as at 31stMarch, 2010 and also the prol:itand loss accountfor the year encled 'fhese of the responsibilitl' the are financi'alstatements that date annexedthereto. an opinion on these is to eXpreSS Our responsib'il:it1, management' co-mpany's basedon our audit. statements fin.ancial in generalll'accepted rvith auditing :;tandards our audit in accordance 2 . We oonducted inrjia. Those standardsrequire us that we plan and perforrn the audit to obtain are free of mLaterial about whether the financial statements reasonableassurance the accountingprinciplesused and includesassessing An audit a1so mjLsstatements. significant estimatesmade by management.as rn'ell as evaluating the ,cverali \\'e believe that our audit provides a reasonable financial statementpresentation. for our opinion. baLsis b,vthe Central (Auditor'r;Ii.eport) or1er.2003 issued As requiredb1'the Companies (4A) o1'section 227 of the Companies of india in termsof sub-section Govemment Act. 1956. we enclose irr the Annexrr,: a statementon the matters specified in 4 and 5 of the rsaid Order. paragraphs in the ,{nnexurereferredto above.we reportthat: 4. Furtherto our comments which to the best of a. We have obtainedall the information and explanations. for the purposeof our audit:: our knowledgeand belief were necessary

b. In our opinion.prirperbooks of accountas requiredby' lau' have beenkepl so I'ar as appearstiom our examinationof thosebooks and by the compan,v o1'our auclithave been received proper returnsaderquate for the purposes not visited bv us. from the branches c. The BalanceSheet.Profit and LrrssAccount dealt with by this repoft are in with the books of accountand with the rettrns from the branches: agreement Profit arrdLoss Account dealt'with b1 BalanceShee1, d. In our opinion. tLLe re{'erred to in sub-section this reporl compll' rvith the accountingstandards (3C) of Section Act. lt)56, 211 of the companies

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receivedfrom the Directors.as on On the basisof the vvrittenrepresentations we l:eport 2010, and takenon reoordby the Boardof Directors" 31't lv{arch" disqualifiedas on 31" March. 2010 from that none of the directorsr,vas (1) if (g) of sub-section being appointedas a director in terms of clzruse Act, 1956. 274 of the Companies section In our opinion ancl to the best of our information and according to the b1' given to us, the said accountsgive the inlbrmation requir:ed explanations the CompaniesAct. 1956,in the nlannerso requiredand give a true and fair principles generally acceptedin view in conformitl' u,ith the acc:ounting India: i. in the case of the BalarLceSheet, of the state of affairs of the as at 31" March2010.And Company ii. ln the caseof the profit and Loss Account, of the profit for the -vear endedon that date.

Place:Hyderabad D a t e :2 8 - 0 8 - 2 0 1 0

For G.SAI LEKH RA Chanered

ASSOCIATF;S
ntants

f*a /cHmtmrol
!\,-_l

( G . S A EKH

hccouuims,;

Partner

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referredto in paragraph[3] our renort of evendata Annexure

Re:\UVs. ALLIANCE PRC)SYS IND.IALTD

1) a .The (Jompany has generally rnaintained proper records showing full particulars. including quantitativedetails; and situationof'fixed assets. verified of the companllduring the year hasphLysically tr. The rnanagement all fixed assets. at reasonable intervals hadbeenobserved on suchl'erification. o. No materialdiscrenancies d. Therewas no disposalof fixed.assets during the year. "
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2,1

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recordshave in sofi ware products.Inventor,v fhe Company is a dealerand rJistrib,utor beenmaintainedb,vthe company'. to/ from The Company has neither grarrted nor taken an,vloans, securedor unsecured maintained under section301 compa.nies, firms or otherpar-ties. coveredin the register: Act, 1956. of the Companies given to us. there are In our opinion and accordingto the information and explanations with the size of the Companv and adequilteinternal control procedures commensurate the natureof its business. provided by the management, there are According to the information and explanations no transactions that needto be entered maintained underSection.101. into the register The Companyhasnot accepte<l any'Ceposits tiom the public. The Companyhas no internalaudit si1'stem. The c,ompany is a Dealer in Soft rvareand hLard ware, threrefore. the rules made b.vthe Central Govemmentfor the maintenance recordsunderSection209(l) (d) of the o1c:ost Companies Act. and 1956do not appl,v. Undisputedstatutorydueshavebeenpaid by the company. .According to the inforrnation and explanationsl given to us. no undisputed payablein respect amorrnts of PF. IISI. Investor Fund.incomeEducation & Protection ',vs4hhtax, tax, sales-tax. customsduty and exciseduly were outstanding, at the 1'ear end lbr a period of more than six rrronths fiom the datethey becamepayable.

3)

1)

5)

6) 1) 8)

9)

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at the end los:;es has no accumulate<| 1()) The comLpany

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of the hnancial year and it has not financial year' precedilrg ilcurred cashlossesin the currerttand immediately given b-vthe and explanations the irLformation and as rper ornour audit procedures Elased of repavment has rLotdefaultedin we aie of the opinion thai the compan)I rnanagelment, holders' cl,r., I a financial institutions,bank or debentuLre and basedon the documents loans and advanceson the grante<l 3nd records producedto us the company has not and othersecurities' debentures Uy:*u1,ofpledgeof-,shaies, 6asiso1'security or a nidhi /mutual benefit fund / societl" ln our opinion, the companyis not a chit frurd (Auditor's Report)order' the provision oi clausea(xiii) of the companies Therefore, not applicableto the conlpany' 2003 ar:e in or trading in' shares'securities'debentures In our ,rpinion.the companyis not dealing "pr,c.,,isions oi clause4(xiv) of the companies ttre Accordingt-"-. and other investments. to the company' (Audit,or'sReport)order.2003 arenot applicaLble given to rils'the companyhas not given Accor<lingto the information and eliplanation for loanstakenby others' guarantee

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given to us 1 2 ) ,\ccordi.ngto the information and explanation

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41xvit' underSe'ction 1 6 ) Term Loansappliedto the conlpan.v 'ferm lnvestment'Therefore Section for Long applied fundrs term Shot no are There 17) 4(xvii) doesnot appl"v. 18) of shares to parties and The r;omPany has not made an1,'prefer.ential .allotntent Act' 301 of the companies under secrlion maintained coveredin the register companies 19 5 6 . therefore Section 4(xix) does not The ,:ompany had not issuerlany debenturesand appl)" Section4(xx) doesnot appli'' is not a listed company.Therr;fore T'he(Jompany of reporting the true and performed for the pr'r'rpose Based upon the audit procedLures given and explanations and as per the infi:,rmation fair view of the financial stal.ements noticed or we repoft the no fraud tn or b.vt5e companyhas been by ttre management. riported during the courseof'our audit' G.SAILF.KHRAJ & ASSOCIATES F,.rr Place:Flyderabad Date:28-08-2010 Partner

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Mis. ALLIANCE PROSYS 0NDIA) LTD BUILDING H. No. 1-10-198.IT'PI BEG UMPET. HYDERABAD-'16. NO'I'ICE TO MEMBERS NOTICE is hereby given that the FOURTH z{NNUAL GIINERAL MEETING of the Members ,cf M/s. ALLIANCE PITOSYS(INDIA) LTD rvill be held at the regirstered Orr 29th H-vderabad. ITPI Building,Br:gumpet, office of the Companyat H.No. 1-10-198. busiltess: the f'ollorving 2010at 11.00A.M.to transact Seprtembe.r l. To considerand approvethe Annual Accountsfor th,: year ended31" March 2010 and including Audited Profit & Loss Account for the period ended 31.03.2010 and report Auditors with the together 31-03-i1010 Balance Sheetfor the yearende<l the Directorsreportthereon. To re-appoint M/s. G. SAILEKH RA.I & ASSOCIATES, CHARTIIRED ACCOUNTANTS. 1-1-380/27,/8.1" Floor. Ashr:k Nagar Extn, Hyderabad. of this Annual General aurlitors of the compan,v.who retire at the concluLsion of the next hnnual conclusion Meeting,for a furtherperiodof one year.i.e.. till the by the Board of Directors. Meeting and to fix their remuneration Ge:neral

2.

Hyderabad Plzrce: 28-08-2010 Darte:

r"FAirQB&ffips;n*Bor{iRts
K.JEEVAN (MANr\GING

of Director'sand Auditors'. and Reports of accounts Audited Statement En.closed: Notes:A mermber entitled to attendanclvote at the meeting is entitled to appoint a prox-vand Proxiesin orderto be effectil'emust Cc,mpany. suchproxy neednot be a membero1'the of the the commencement be receivedby the Company,not lessthen,{8 hoursbeflore meeting. Members are requestedto inform the Compan,vof alny change in their addresses Companyto do requiredcorrespondence. immediatelyso as to enablethLe

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ITPI Buildine. H.No.1-10-198. 6. Hvderabad-1 Begumnet. DIRECTOR'SREPORTTO MEMI}ERS

1.

accounts reportandthe audited ttLeir in presenting haspleasure YourDirector 31-03-2010' for theperiodencled For theFourthYearof theCompanl' As on 31-03-2010 49.133,393 40,63 5.089
Rs. 8,498,304

Financial Results: In,come E>rpenditure

Net Profit before Tax

Hyderabad'who 2. M/s. G. SAILEKH RAJ & ASSOCIATES, CharteredAccountants, We reappointment' are the auditorsof the companyare retiring ancithey are rlligible for you to appointthem for the cutrentyear and fix their remuneration' requesit to develop the businessand aiso ji. Your Director's are making necessar.v arrangements and Bankersot'the comtrran,v. wish to thank all the employees 4. DIRIICTORSRESPONSIBILITYSTATEIVIENT towards safeguarding In order to make the Directors of rhe c()mpanyaccountable has been given br' a director's responsibilitystatement the interestof the compan),, the Board of Directorsof the compan)'. It is also in{brmed: o1'theannualaccountthe applicableaccountingstandards a. that in the preparation had beenfotlowed along with propererplanationrelatingto materialdeparlures: policies and applied them b, that the directors had selected sur;h account:ing and prudent that are reasonable consistentlyand madejudgmentsand estirnates so as to give a true and 1'aiivierv of the stateof affairs of the companyat the end of the financialyearof the profit or lossof the companyfor that period:

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*utntenanceof citnl sul and proper :uo' l::']nt Thr: directorshad taken fraud a d e q u a te a cco u n ti n gr ecor dsinaccor clance^withp' ' ::on' ofthi s Ac tfor detecting andol' *nd for preventing of the company the asJets sa{,eguarding andotherinegularities: Your basis' concern on a loing accounts theannual hadprepared Thedirectors the b'v provided support of th.e theirapprer;iation alsoplaceon recor,l directors sh,areholders.

Place:HYderabad Dater29-08-2010

,; "r;:ted no, ai!i**ceprft.lfr&, (MANAGING BlRFf4gs)

.>)4"' REDDY K. JT]EVAN

OF THE BOARD BY ORDEIT