Annual Report: 2022
down town hospital limited's Thirty Sixth Annual General Meeting will be held on September 30th, 2022, at 12:00 Noon at the Registered Office in Dispur, Guwahati. The Ordinary Business includes receiving and adopting the Audited Financial Statements for the year ending March 31st, 2022, along with the Auditors' and Directors' reports. The meeting will also involve the appointment of a Director in place of Mrs. Bandana Dutta (DIN: 00704884) and Mr. Joutishman Dutta (DIN: 06638552), both retiring by rotation and eligible for reappointment.
Directors' Report for the Financial Year 2021-22:
The directors are presenting the Thirty Sixth Annual Report on the company's business and operations, along with the Audited Statement of Accounts for the year ended March 31st, 2022.
Financial Highlights:
Compared to the previous financial year, the company's performance during the year under review was:
State of Company's Affairs and Future Outlook:
The company acquired a dialysis machine, an HD Laparoscopy set, two Steris OT lights, and two OT tables for modernizing the existing modular Ortho OT to Modular Glass OT, and upgraded the effluent treatment plant. Two additional 20-passenger Kone elevators are being installed, and one defibrillator, two infusion pumps, and another dialysis machine have been ordered.
Other Key Points:
Corporate Social Responsibility (CSR) Initiatives:
The Company has a CSR Committee comprising Ms. Mayurakshi Dutta, Ms. Gariasi Dutta, and Dr. Narendra Nath Dutta as Chairman. Activities focus on promoting sanitation, hygiene, and supplying purified water in Guwahati.
Auditor's Report:
The financial statements of DOWN TOWN HOSPITAL LIMITED have been audited, and in the auditor's opinion, they give a true and fair view of the company's financial position as of March 31st, 2022, in conformity with accounting principles generally accepted in India. The company has an adequate internal financial control system. However, trade receivables & trade payables are subject to final adjustments pending receipt of all confirmations. The company had advanced to Excel Construction Pvt. Ltd, down town enterprises limited, Down Town Consultancy Pvt. Ltd. & provided unsecured loan to Down Town Charity Trust, which are yet to be adjusted in the Books. The GST paid & Accrued is subject to Reconciliation and Rs. 49,24,400/- of bad debts was written off during the year.
Financial Statement Data (as of 31.03.2022):
Shareholding Pattern (as of 31.03.2022):
Penalties/Punishment/Compounding of Offenses:
There were no penalties, punishments, or compounding of offenses for the company or its directors.
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