RUPAL LAMINATES LIMITED
We have audited the attached Balance Sheet of RUPAL LAMINATES LIMITED as at
31st March, 1993 and the Profit and Loss Account for the year ended on that
1. We report that.
(a) We have obtained all the information and explanations except separate
records showing quantitative details of Imported and indigenous Raw materials
which to the best of our knowledge and belief were necessary for the purpose
of our audit.
(b) In our opinion proper books of account, as required by law have been kept
by the company so far as appears from our examination of those books.
(c) The Balance Sheet and Profit and Loss Account are in agreement with the
books of account.
(d) In our opinion and to the best of our information and according to the
explanations given to us, the said statements of accounts read together with
the Notes on Accounts given in Schedule : 'P' give the information required
by the Companies Act, 1956 in the manner so required and subject to
Note No : 5 regarding change of method for valuation of finished goods and
Note No : 13 regarding Accounting of Export Benefits receivable
given in schedule : 'P' the said statement of Accounts give a true and fair
(i) In the case of Balance Sheet, of the state of affairs of the company as
at 31st March, 1993.
(ii) In the case of profit and Loss Account, of the Profit of the Company
for the year ended on that date.
For PARIKH SHETHWALA & CO.
Place : Ahmedabad
Date : 01/03/1993 Partner