| 1. Depreciation is charged on fixed assets as per The Companies Act,
1956.
2. In the opinion of the Board of directors, current assets, loans and
advances have value on realization in the ordinary course of business
at least equal to the amount at which they are stated in the Balance
Sheet. The provisions for all known liabilities are adequate and not in
excess of the amount reasonably necessary.
3. Balance of sundry debtors, sundry creditors, loans and advances are
subject to confirmation.
4. Previous years figures are regrouped or rearranged wherever
necessary to make them comparable with the current year's figures.
|