BAY LINERS LIMITED
We have audited the attached Balance Sheet of M/s. BAY LINERS LIMITED as at
31 st March,1995 and Profit & Loss account of the company for the year
ended on that date annexed thereto :
1. We report that:
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 it appears from our examination of those
c. The Balance Sheet and Profit & Loss Account dealt with by this report
are in agreement with the 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 read together with and subject
to the notes thereon give the information required by the Companies
Act,1956 in the manner so required and give a true and fair view:
In the case of Balance Sheet of the state of affairs of the company as at
31st March, 1995 and
In the case of Profit Loss Account of the loss of the Company for the year
ended on that date.
For A.M.REDDY & CO.,
A.V. RAMANA REDDY
Place : Hyderabad,
Dated : 03rd August, 1995.