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Radhagobind Commercial Ltd.

BSE: 539673 Sector: Others
NSE: N.A. ISIN Code: INE792P01012
BSE LIVE 15:09 | 14 Aug 13.75 -0.69
(-4.78%)
OPEN

13.75

HIGH

13.75

LOW

13.75

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 13.75
PREVIOUS CLOSE 14.44
VOLUME 96
52-Week high 14.45
52-Week low 10.80
P/E
Mkt Cap.(Rs cr) 2
Buy Price 13.75
Buy Qty 155.00
Sell Price 0.00
Sell Qty 0.00
OPEN 13.75
CLOSE 14.44
VOLUME 96
52-Week high 14.45
52-Week low 10.80
P/E
Mkt Cap.(Rs cr) 2
Buy Price 13.75
Buy Qty 155.00
Sell Price 0.00
Sell Qty 0.00

Radhagobind Commercial Ltd. (RADHAGOBINDCOMM) - Auditors Report

Company auditors report

TO

THE MEMBERS OF M/S. TEJMANGAL COMMERCIAL COMPANY LIMITED

We have audited the attached Balance Sheet of M/s TEJMANGAL COMMERCIAL COMPANYLIMITED as at 31st March 2012 and also the Profit and Loss Account forthe year ended on that date annexed hereto. These financial statements are theresponsibility of the Company’s management. Our responsibility is to express anopinion on these financial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted inIndia. Those standards require that we plan and perform the audit to obtain reasonableassurance about whether the financial statements are free of material misstatement. Anaudit includes examining on a test basis evidence supporting the amounts and disclosuresin the financial statements. An audit also includes assessing the accounting principlesused and significant estimates made by the management as well as evaluating the overallfinancial statement presentation. We believe that our audit provides a resonable basis ofour opinion.

As required by the Companies (Auditor’s Report) Order 2004 issued by the CentralGovernment in terms of Section 227(4A) of the Companies Act 1956 we enclose in theAnnexure a statement on the matters specified in paragraphs 4 and 5 of the said Order.

Further to our comments in the Annexure referred to in paragraph (3) above we reportthat:

1) We have obtained all the information and explanations which to the best of ourknowledge and belief were necessary for the purpose of our audit;

2) In our opinion proper books of account as required by law have been kept by theCompany so far as appears from our examination of the books;

3) The Balance Sheet and Profit and Loss account dealt with by this report are inagreement with the books of accounts;

4) In our opinion the Balance Sheet and Profit and Loss Account dealt with by thisreport comply with the accounting standards referred to in sub-section (3C) of Section 211of the Companies Act 1956;

5) On the basis of the written representation received from the Board of Directors andtaken on record by the Board of ‘ Directors none of the directors of the Company wasdisqualified as on 31st March 2012 from being appointed as a director interms of clause (g) of sub-section (1) of Section 274 of the Companies Act 1956.

6) In our opinion and to the best of our information and according to the explanationsgiven to me the said accounts give the information required by the Companies Act 1956in the manner so required and give a true and fair view in conformity with the accountingprinciples generally accepted in India:

a) in the case of the Balance Sheet of the State of affairs of the company as at 31stMarch 2012; and

b) in the case of the Profit and Loss Account of the Profit of the company for theyear ended on that date.

c) in the case of the Cash Flow Statement of the Cash Flows for the year ended on thatdate.

161/1 Mahatma Gandhi Road For Ashok Kumar Natwarlal & Co.
3rd Floor Room No. 70B Chartered Accountants
Kolkata - 700 007
ASHOK KUMAR AGARWAL
0 5 SEP 2012 Proprietor
Dated : Membership No. 056189
Firm Regn No.322307E

ANNEXURE TO THE AUDITORS’ REPORT

Statements referred to in paragraph 3 of our report of even date to the members of M/s.TEJMANGAL COMMERCIAL COMPANY LIMITED on the accounts for the year ended 31stMarch 2012.

In terms of the information and explanations given to us and the books and recordsexamined by us in normal course of audit and to the best of our knowledge and belief westate that:

1. The Company does not own any Fixed Assets and as such clauses 4 (i) (a) to 4 (i) (c)of the Companies (Auditors Report) Order 2004 are not applicable.

2. a) The management has conducted physical verification at suitable intervals inrespect of stock of shares & securities.

b) In our opinion the procedure of physical verification of stock followed by themanagement is reasonable and adequate in relation to size of Company and nature of thebusiness.

c) The Company is maintaining proper records of the stock of shares & securitiesand no discrepancies are noticed on physical verification.

3. In respect of unsecured Loans granted to companies covered in the registermaintained u/s 301 of the Companies Act 1956 and according to information and explanationgiven to us :

(a) During the year the company has not given any unsecured loans to companies firmsor other parties listed in the register maintained u/s 301 of the Companies Act 1956 andas such clause 3(iii) (a) to 3(iii) (d) is not applicable.

(b) During the year the company has not taken unsecured loans from Directors listed inthe register maintained u/s 301 of the Companies Act 1956 and as such clause 3(iii)(e) to3(iii)(f) is not applicable.

4. In our opinion and according to the information and explanations given to us thereare adequate internal control procedures commensurate with its size and the nature ofbusiness with regard to purchase and sale of shares & securities or services. Duringthe course of our Audit we have not observed any continuing failure to correct majorweaknesses in internal control.

5. a) In our opinion and according to the information and explanations given to usthere are no transactions that need to be entered into the register maintained undersection 301 of the Companies Act 1956.

b) In our opinion and according to the information and explanations given to us thereare no transactions of purchase of shares & securities goods materials and servicesmade in pursuance of contracts or arrangements with any party entered in the registermaintained under Section 301 of the Companies Act 1956 for value aggregating toRs.500000/- or more during the year under review.

6. The Company has not accepted deposits from the public compliance of the provisionof section 58A and 58AA of the Companies Act 1956 and the Companies (Acceptance ofDeposit) Rules 1975 with regard to the deposits accepted from public does not apply.

7. In our opinion and according to the information and explanations given to us thereis an adequate internal audit system commensurate with the size and nature of itsbusiness.

8. According to the information and explanations given to us the Central Governmenthas not prescribed the maintenance of costs records under section 209(1)(d) of theCompanies Act 1956 for any products of the . Company.

9. a) As explained to us the Provident Fund Scheme and Employees State InsuranceScheme are not applicable to the Company.

b) According to the information and explanations given to us no undisputed amountpayable in respect of Income-Tax Sales-Tax Wealth-Tax Service Tax Custom Duty andExcise Duty were outstanding as at 31st March 2012 for a period of more thansix months from the date they become payable.

10. The Company has not incurred any cash losses during the financial year covered byour audit and during the immediate preceding financial year.

11. In our opinion and according to the information and explanations given to us theCompany has not defaulted in repayment of dues to bank with which transactions have beenmade during the year.

12. The Company has not granted any loans and advances on the basis of security by wayof pledge of shares debentures and other securities.

13. The Company is not a chit fund nidhi/mutual benefit fund and therefore therequirement pertaining to such classes of companies is not applicable. Therefore theprovision of clause 4(xiii) of the order are not applicable to the Company.

14. According to the information and explanations given to us the Company hasmaintained proper records of transactions and contracts in respect of its dealing inshares securities debentures and other investments and timely entries have been madetherein. The aforesaid securities have been held by the Company in its own name except tothe extent of the exemption granted under section 49 of the Companies Act 1956

15. In our opinion and according to the information and explanations given to us theCompany has not given any guarantee for loans taken by others from banks or financialinstitutions.

16. In our opinion and according to the information and explanations given to us theCompany has not taken any long term loans during the year.

17. According to the information and explanations given to us and on our overallexamination of the Balance Sheet of the Company we report that no funds raised on shortterm basis have been used for long term investment.

18. According to the information and explanations given to us the Company has not madeany preferential allotment of shares during the year to parties and companies covered inthe Registrar maintained under section 301 of the Companies Act 1956.

19. The Company has not issued any debentures during the year and therefore thequestion of creating security or charge in respect thereof does not arise

20. The Company has not made any public issues during the year and therefore thequestion of disclosing the end use of money does not arise.

21. According to the information and explanations given no fraud on or by the Companyhas been noticed or reported during the year.

161/1 Mahatma Gandhi Road For Ashok Kumar Natwarlal & Co.
3rd Floor Room No. 70B Chartered Accountants
Kolkata - 700 007
ASHOK KUMAR AGARWAL
Proprietor
Membership No. 056189
Firm Regn No.322307E