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Mahaganesh Texpro Ltd.

BSE: 521139 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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Mahaganesh Texpro Ltd. (MAHAGANESHTEXPR) - Auditors Report

Company auditors report

1996 MAHAGANESH TEXPRO LIMITED AUDITORS REPORT We have audited the attached Balance Sheet of MAHAGANESH TEXPRO LTD as on 31st March, 1996 and the profit and Loss Account of the Company for the year ended on that date and report that :- 01. We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of audit. 02. In our opinion proper books of accounts as required by law have been kept by the company so far as it appears from our examination of books. 03. The Balance Sheet and Profit and Loss account are in agreement with the books of accounts. 04. In our opinion and to the best of our information and according to the explanations given to us the said accounts together with the notes thereon and attached thereto, give the information required by the Companies Act, 1956 in the manner so required and give a true and fair view : (a) In the case of Balance Sheet of the state of affairs of the Company as on 31st March,1996. (b) In the case of the Profit and Loss account of the profit of the Company for the year ended on that date. B. In case of Service Activities : (i) For activities of the labour job undertaken by the Company, there is a reasonable system for recording receipts, issues and consumption of raw materials commensurate with the size of the Company and the nature of its business for issue of colour and chemicals, stores to the labour job work undertaken. Company is also having a system of allocation of man- hours utilised with the relative job work. C. In case of Trading Activities : There are no damaged goods and hence the question of making provision for the loss does not arise. For M.A.SHAH & CO. Chartered Accountants R.C. MAKADIA (PARTNER) PLACE : MUMBAI DATED : 1st August 1996