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You can view full text of the latest Auditor's Report for the company.

BSE: 523351ISIN: INE888N01013INDUSTRY: Chemicals - Others

BSE   ` 11.70   Open: 11.70   Today's Range 11.70
11.70
+0.00 (+ 0.00 %) Prev Close: 11.70 52 Week Range 5.42
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Year End :2015-03 
We have audited the accompanying financial statements of Standard Shoe Sole And Mould (india) Limited (the Company), which comprise the balance Sheet as at March 31, 2015, the Statement of Profit and Loss and cash flow Statement' for the. year then ended and summary of significant accounting policies and other explanatory information.

MANAGEMENT'S RESPONSIBILITY FOR THE FINANCIAL STATEMENTS

The Company's Management is responsible for the preparation of these financial statements that give a true-and fair view of the financial position, financial performance and cash flow of the company in accordance with the

Accounting Standards notified under the companies Act, 1956 (the Act) read with the General Circular 05/ 2013 dated 13th September, 2013 of the ministry of corporate affairs in respect of Section 133 of the Companies Act, 2013 and in accordance with the accounting principle generally accepted in India. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the financial statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

AUDITORS' RESPONSIBILITY

Our responsibility is to express an opinion, on these financial statements based on our audit. We conducted out audit in accordance with the Standards on Audit in issued by the Institute of Chartered Accountants of India those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement

An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The procedure selected depend on the auditors judgment, including the assessment of the risk of material misstatement. of the financial statements whether due to fraud or error In making those risk assessments, the auditor consider internal control relevant to the Company's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but nor for the purpose of expressing an opinion on the, effectiveness of the Company's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management as-well as evaluating the overall presentation of the financial statement. We believe that the audit evidence we have obtained is support and appropriate to provide a basis for our audit opinion.

OPINION

In our opinion and to the best of our information and according to the explanations given to us the aforesaid financial statements give the information required by the Act, in the manner so required and give a true and fair view, in conformity With the accounting principles generally accepted in India;

(a) In the case of the Balance Sheet, of the stale of affairs or the Company as at March 31,2015;

(b) In the case of the Statement of Profit and Loss, of the Profit of the company for the year ended On that date; and

(c) In the case of the Cash Flow Statement, of the cash flows of the Company for the year ended on that date

REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS

1. As required by the companies (Auditor's Report) Order,2015 (the order) issued by the Central Government of India we give in the Annexure a statement on the matters specified in paragraph 3 of the Order.

2. As required by Section 327(3) static Act, we report that:

a. We have obtained all the information and explanations which to the best of our knowledge and believe were necessary for the purpose of our audit;

b. In our opinion, proper books of amount as required by the law have been kept by the company so far as appears from our examination of those books.

c. The Balance Sheet the Statement of Profit and Loss, and the Cash Flow Statement dealt with by this Report are in agreement with the books of account. "

d. In our opinion, the Balance Sheet, the Statement-of Profit and Loss and the cash flow statement comply with accounting standard notified under the act read with the General Circular 15/2013 dated 13th September, 2013 if the ministry of corporate Act,2013.

                                             For Mukherjee Sanyal & Co

                                               Chartered Accountants 

                                                  (FRN : 3070398)

Place : Kolkata                                 C.A K.K MUKHERJEE 

Date : 23/05/2015                                     Partner

                                                Membership No. 011435