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Does hydrocodone come in liquid form

The quality characteristics of the product offered are well defined and are supported by sophisticated analytical methodologies developed for the specific purpose.

A foray has also been made by the R&D Division in the field of development of new chemical entities. The Company has filed for a patent for a new product to can xanax and hydrocodone be taken together protect its Intellectual Property Rights. Ready acceptance of products developed at Bal Pharma Limited in international pharmaceutical market is a yardstick of the high quality characteristics that the products possess. Application of stringent control measures at each stage of development of any pharmaceutical products provides ample assurance on all parameters of quality. The R&D does hydrocodone come in liquid form Division is also working on introducing new products possessing chiral characteristics to meet the increasing demand for such products in the international commercial market. 6.AUDIT COMMITTEE: The Audit Committee, a sub-committee of Board consisted of Dr. G S R Subba Rao, Independent hydrocodone ingerdients Director, Mr.David Rasquinha, Nominee Director of EXIM Bank, and Mr.

G.S.R Subba Rao, has been discharging its duties under SEBI Guidelines read with the Listing Agreement.

The said Committee is also functioning as Audit Committee under Section 292A of the Companies Act, 1956. 7.INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY: Your Company has an adequate system of internal controls with clearly defined authority limits. They ensure that the Company's assets are protected against loss from unauthorised use or disposition and all transactions are authorised, recorded and reported in conformity with generally accepted accounting principles. These systems are designed to ensure accuracy and reliability of accounting data, promotion of operational efficiency and adherence to the prescribed management policies. These policies are periodically reviewed to meet current business requirements. Internal Audit is carried out by Messrs Ishwar & Gopal an independent firm of Chartered Accountants. They interact with the Audit Committee and have reported to the Directors that there is adequate internal control systems in respect of areas carried out by them. 8.DIRECTORS' RESPONSIBILITY STATEMENT: In compliance to the provisions of Section 2I7(2AA) of the Companies Act, 1956, your Directors wish to confirm with reference to statement of Accounts for the financial year ended on 31.03.2009: (i)that in preparing the Annual Accounts, all applicable Accounting Standards have been followed; (ii)that the accounting policies adopted are consistently followed and the judgements or estimates made are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit and Loss Account of the Company for the financial year ; (iii)that the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for does hydrocodone come in liquid form preventing/detecting fraud and other irregularities; (v) that the Directors have prepared the annual accounts on 'going concern' basis.

9.SUBSIDIARY does hydrocodone come in liquid form COMPANIES: The Company has two Wholly Owned Subsidiary Companies as on 31st March, 2009. Statement pursuant to Section 212 of the Companies Act, 1956, relating to Company's interest in Subsidiary Companies is given as Annexure I forming part of the Directors' Report. Subject to the procedures prescribed under various laws and requisite approvals, your Board of Directors have decided for amalgamation of Basav Chem limited (100% Subsidiary Company) with Bal Pharma limited to reduce the statutory Compliance requirements under various Acts does hydrocodone come in liquid form and for closure of Novosynth Research Labs Private Limited 10.PARTICULARS OF EMPLOYEES: A statement of particulars of employees as required under Section 2I7(2A) of the Companies Act, 1956, is given as Annexure II and forms part of this report. 11.CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGNEXCHANGE EARNINGS AND FOREIGN EXCHANGE OUTGO: As per provisions of Section 2I7(I)(e) of the Companies Act, I956, read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, I988, details relating to the Conservation of Energy and Technology Absorption and Foreign Exchange Earnings and Outgoings are given in Annexure forming part of the Directors Report.



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