FISHING FALCONS LIMITED
We have audited the attached Balance Sheet of FISHING FALCONS LIMITED as at
31st MARCH 1996 and the Profit & Loss Account for the year ended on that
date annexed thereto and report that:
a) We have obtained all the information and explanations 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 such books.
c) The Balance sheet and Profit & Loss Account referred to in this report
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 Balance sheet and the Profit & Loss
Account read with 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 affairs of the
company as at 31st March 1996, and
ii) In so far as it relates to the Profit & Loss Account, of the loss of
the company for the year ended on that date.
For J.B. REDDY & CO.
Place : Hyderabad
Date : 30th June, 1996.