AMBIK PROTEINS LIMITED
We have audited the attached Balance Sheet of Ambik Proteins Limited,
Ahmedabad as at 31 st MARCH,1994 and also the Profit and Loss Account of
the company for the period ended on that date annexed thereto and report as
1. 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.
2. In our opinion proper books of account as required by law have been kept
by the company so far as it appears from our examination of the books
3. The Balance Sheet and the Profit and Loss Account, dealt with by the
report are in agreement with the Books of Accounts.
4. In our opinion and to the best of our information and according to the
explanation given to us, the said accounts read with and subject to
(i) Note No.3 regarding confirmation of various balances
(ii) Note No.13 regarding non provision of liabilitiesard other notes
thereon and observations in our report on Manufacturing and other Companies
(Auditor's Report) order,1988 gives the information required by the
Companies Act,1956 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 31 st March,1994 and
(ii) In the case of the Profit & Loss Account of the Loss for the period
ended on that date.
FOR M. R. PANDHI & ASSOCIATES
DATE :15th DECEMBER,1994.