INTERLINK EXPORTS LIMITED
We have audited the attached Balance Sheet of INTERLINK EXPORTS LIMITED as at
31st March,1994, and Profit and Loss Account for the year ended on that date
and we report that:
(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
except details and explanations relating to advances to the extent of
(2) 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.
(3) The Balance Sheet and Profit & Loss Account dealt with by this report
are in agreement with the books of account.
(4) i) Reference is invited to our remarks No. (i) of statement on MAOCARO
(annexted to this report) as regards Fixed Assets, No.(ix) as regards
loans and advances and No.(xv) as regards excessive cash balance on
ii) Balance of creditors, debtors, loans and advances are not confirmed.
iii) Rs. 1,13,000/- is short received in Bank A/c for allotment of
shares (for second call), as explained to us for which the reconcilation
and recovery/adjustment is pending.
Subject to foregoing remarks, in our opinion and to the best of our
information and according to the explanations given to us, the said accounts
read together with notes thereon give the information required by the
Companies Act, 1956, in the manner so required and on such basis give a true
and fair view:
(a) In the case of the Balance Sheet, of the State of the affairs of the
Company as at 31 st March, 1 994.
(b) In the case of Profit and Loss account of the profit for the year ended
on that date.