SUBSEQUENT EVENT

12 Months Ended

Oct. 31, 2011

Subsequent Events [Abstract]

Subsequent Events [Text Block]

22.  SUBSEQUENT EVENT 

On November 22, 2011, the company withdrew its Registration Statement on Form S1 which was filed on December 06, 2010. The Company has determined, because of unfavorable market conditions, not to proceed with the registration and sale of its common stock as contemplated by the Registration Statement. The Registration Statement has not been declared effective and no securities have been sold pursuant to the Registration Statement.

On January 6, 2012, the Board of Directors of China Botanic Pharmaceutical Inc. (the “Company”) approved an amendment and restatement of the Company’s bylaws (the “Amended and Restated Bylaws”) pursuant to the authority granted by Section 2 of Article V of the Company’s bylaws. The Amended and Restated Bylaws replace the Company’s current bylaws (“Old Bylaws”). The Company’s Board of Directors (the “Board”) believes the Amended and Restated Bylaws are in the best interests of the Company’s shareholders.