You are here » Home » Companies » Company Overview » Madras Motor Finance & Guarantee Company Ltd

Madras Motor Finance & Guarantee Company Ltd.

BSE: 511055 Sector: Financials
NSE: MADRASMFIN ISIN Code: N.A.
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN
PREVIOUS CLOSE
VOLUME
52-Week high 0.00
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 0
Buy Price
Buy Qty
Sell Price
Sell Qty
OPEN
CLOSE
VOLUME
52-Week high 0.00
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 0
Buy Price
Buy Qty
Sell Price
Sell Qty

Madras Motor Finance & Guarantee Company Ltd. (MADRASMFIN) - Auditors Report

Company auditors report

1995 MADRAS MOTOR FINANCE AND GUARANTEE CO. LIMITED AUDITOR'S REPORT We have audited the attached Balance Sheet of M/s. MADRAS MOTOR FINANCE & GUARANTEE COMPANY LIMITED as at 31st March 1995 and attached Profit and Loss Account for the period ended on that date annexed thereto and report that: 1. Further we report that :- a) We have obtained all the informations and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit. b) The company's balance sheet and profit and loss account dealt with by this report are in agreement with the books of account. c) 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 books. d) In our opinion and to the best of our information and according to the explanation's given to us, the said accounts read together with note no.8 regarding non charging of overdue interest to the accounts of Hire Purchase parties, note no.11 regarding non-provision of gratuity on actuarial basis for the full period, note no.13 regarding pending documentation of certain tease and H.P. transactions to the tune of Rs.617.81 lacs and Rs.120 lacs respectively and other notes thereon give the information required by the Companies Act,1956 in the manner so required and give a true and fair view: i. In so far as it relates to the Balance Sheet of the state of affairs of the company as at 31st March. 1995 and ii. In so far as it relates to the Profit and Loss account of the PROFIT for the period ended on that date. For M.C.RANGANATHAN & CO., Chartered Accountants, M.C. SRIKANTH, Partner. Place : Madras Dated : 17th August, 1995.