DUFA INDIAN SAMAY LIMITED
To the Members
We have audited the attached Balance Sheet of DUFA INDIAN SAMAY LIMITED as
at 31st March, 1994 and also the Profit and Loss Account for year ended on
that date annexed thereto and report that :
Further to our comments in the annexure referred to in paragraph 1 above.
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 accounts 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 dealt with the report are
in agreement with the books of accounts.
d) In our opinion and to the best of knowledge and according to
explanations given to us, the said statements of accounts subject to Note
No. A(3) (regarding non provision of depreciation amount to Rs. 30,26,486)
as appearing in Schedule 'N' annexed to the said accounts and read together
with the notes thereon, given the information required and give a true and
fair view :
i) in the case of Balance Sheet of the state of affairs of the Company as
at 31st March, 1994.
ii) in the case of the Profit and Loss Account of the loss for the year
ended on that date.
For RAJEEV AGARWAL & ASSOCAITES
RAJEEV. K. AGARWAL
Place : New Delhi
Dated : 19th August, 1994