LAWA COATED PAPERS LIMITED
TO THE SHAREHOLDERS
We have audited the attached Balance Sheet of M/s. Lawa Coated Papers
Limited as at March 31, l995, and report that:
1. As the Company has no manufacturing, trading, service or investment
activity during the year ended March 31, 1995, no Profit and Loss Account
prepared for the said year.
2. Further to our comments in the foregoing paragraph we report that:
a) We have obtained all the information and explanation 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 required by law have been kept
by the Company so far as it appears from our examination of the books.
(c) The Balance Sheet dealt within this report is in agreement with the
Books of Accounts.
(d) In our opinion and to the best of our knowledge and according to the
information and explanation given to us, the said Accounts, read with the
notes thereon, give the information required by the Companies Act, 1956 in
the manner so required and gives a true and fair view:
(i) In the case of Balance Sheet of the state of affairs of the Company as
at March 31, 1995.
For P. G. KHANDEKAR & CO.
PARAG G. KHANDEKAR
Place : Bombay
Date : May 26, 1995.