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1996
ASHA AGRO INDUSTRIES LIMITED
AUDITORS' REPORT
We have audited the attached Balance Sheet of ASHA AGRO INDUSTRIES LIMITED
as at 30th June, 1996 and also the annexed Profit & Loss Account of the
Company for the 18 Months period ended on that date and report that:
1. Further to our comments .
(a) We have obtained all the information and explanations which to the best
of our knowledge and belief were necessary for the purpose of our audit.
(b) In our opinion proper books of account as required by law, have been
kept by the Company, so far as appears from our examination of the books.
(c) The Balance Sheet and Profit & Loss Account dealt with by this report
are in agreement with the books of account.
In our opinion and to the best of our information and according to
explanations given to us, the said accounts read with notes thereon give
the information required by the Companies Act, 1956, subject to non
provision of interest on bank loans of Rs. 1.72 Crore (Note No.9) in the
manner so required and give a true and fair view.
(a) In the case of the Balance Sheet of the state of affairs of the Company
as at 30th June, 1996.
(b) In the case of Profit & Loss Account, of the Loss for the Period ended
on that date.
For JAIN DHINGRA & ASSOCIATES
Chartered Accountants
Place: Kanpur (R. N.
DHINGRA)
Dated: 5th October, 1996 Partner
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