| 1. Debtors, Creditors, Loans & Advances are subject to confirmation.
2. Share call money stood at Rs. 121250/-. It should be transfered
to share forfeiture account after going through forfeiture
formalities.
3. Provision for doubtful debt should be provided for time bar ed
debts.
4. During the year the depreciation has not been provided for as there
was no production. Had it been provided it would have been Rs.
136685/- for 1995-96 and Rs.151872/- for 1994-95.
c) Earnings in foreign exchange & exp. in foreign currency on account
of travelling is Nil.
d) There is no production during the year, imported and indigenous
raw material consumed for production is Nil.
8. Previous year figures have been regrouped/rearranged/reclassified
and given in brackets wherever necessary.
9. As pointed out to us no provision for gratuity is necessary as per
the payment of gratuity act.
10. During the year no remuneration has been paid to Director of the
Company. There is no employees who is entitled to remuneration,
which is aggregate was not less than Rs. 12000/- per month.
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