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1995
AVIKEM RESINS LIMITED
AUDITORS' REPORT
We have audited the attached Balance Sheet of Avikem Resins Limited as at
30th June, 1995 and the Profit and Loss Account of the Company for the year
ended on that date, annexed there to:
1. We report as under:
(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 and Loss Account are in agreement with
books of account;
(d) In our opinion and to the best of our information and according to the
explanations given to us, the said accounts, subject to:
i) Note No. (6) relating to basis of allocations of various expenses to
revenue and capital.
ii) Note No. (17) relating to advance for purchase of office premises.
and read together with other notes thereon, give the information required
by the Companies Act, 1956 in the manner so required and give a true and
fair view:
(i) In the case of the Balance Sheet, of the State of affairs of the
Company as at 30th June, 1995, and
(ii) In the case of the Profit and Loss Account, of the profit of the
Company for the year ended on that date.
For JAIN AND ASSOCIATES
Chartered Accountants
P.C. JAIN
Partner
Place: Bombay,
Dated: 1st December, 1995.
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