KUSUM AGROTECH LIMITED
We have audited the attached Balance Sheet of M/s. KUSUM AGROTECH LIMITED
as at 31 st March, 1995 and also the Profit & Loss Account for the year
ended on that date, and we report that audit was delayed due to search and
seizure operation by Income Tax Authorities under section 132 (1) of the
I.T. Act,1961. We have relied on documents/records as certified by the
management for the purpose of completion of accounts to the extent deemed
necessary, and we report that :-
1. 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.
2. 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 those
3. The said Balance Sheet and the Profit & Loss Account annexed thereto are
in agreement with the books of accounts.
4. In our opinion and to the best of our information and according to the
explanations given to us, the said accounts read with the notes thereon and
the notes as per Schedule 'S' annexed gives the information required by the
Companies Act,1956, in the manner so required and give a true and fair
(a) In the case of Balance Sheet of the state of affairs of the Company as
at 31st March,1995
(b) In the case of Profit & Loss Account of the Profit of the Company for
the period ended on that date.
For R. KOTHARI & CO.
Place : Calcutta.
Dated : 10th November, 1995.