We have audited the attached Balance Sheet of Rollatainers Limited as
 at 30th September 2010, the Profit and Loss Account and also the Cash
 Flow Statement for the year ended on that date annexed thereto. These
 financial statements are the responsibility of the Companys
 management. Our responsibility is to express an opinion on these
 financial statements based on our audit.
 
 We conducted our audit in accordance with the Auditing Standards
 generally accepted in Indian(Indian GAAP). Those standards require that
 we plan and perform the audit to obtain reasonable assurance about
 whether the financial statements are free of any material misstatement.
 An audit includes examining, on a test basis, evidence supporting the
 amounts and disclosures in the financial statements. An audit also
 includes]assessing the accounting principles used and significant
 estimates made by the management, as well as evaluating the overall
 financial statement presentation. We believe that our audit provides a
 reasonable basis for our opinion.
 
 1.  As required by the Companies (Auditors Report) Order, 2003 issued
 by the Central Government in terms of Sub-section (4A) of Section 227
 of the Companies Act, 1956, we enclose in the Annexure, a statement of
 the matters specified in paragraphs 4 and 5 of the said order.
 
 Further to our comments in the Annexure referred to above, we report
 that:
 
 2.  (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 accounts as required by law have
 been kept by the Company so far as appears from our examination of
 those books.
 
 (c) The Balance Sheet, Profit & Loss Account and Cash Flow Statement
 dealt with by this report are in agreement with the books of account.  
 
 (d) In our opinion, the Balance Sheet, Profit & Loss Account and Cash
 Flow Statement dealt with by this report comply with the Accounting
 Standards referred to in Sub-Section (3C) of Section 211 of the
 Companies Act, 1956.
 
 (e) On the basis of written representation received from the directors,
 we report that none of the directors is disqualified as on 30th
 September 2010 from being appointed as Director in terms of Clause (g)
 of Sub- Section (1) of Section 274 of the Companies Act 1956.
 
 In our opinion and to the best of our information and according to the
 explanations given to us, the said accounts give the information
 required by the Companies Act, 1956 in the manner so required and give
 a true and fair view in conformity with the accounting principles
 generally accepted in India:
 
 i.  In the case of Balance Sheet, of the State of affairs of the
 Company as at 30* September 2010;
 
 ii.  In the case of Profit and Loss Account, of the loss of the company
 for the Year ended on that date; and
 
 iii.  In the case of Cash Flow Statement, of the cash flows for the
 Year ended on that date.
 
 
 ANNEXURE TO THE AUDITORS REPORT (As referred in paragraph 1 of our
 report to the members of ROLLATAINERS LIMITED on the accounts for the
 Year ended 30* September 2010
 
 (i) a) The company has maintained proper records showing full
 particulars including quantitative details and situation of fixed
 assets.
 
 b) As explained to us, major fixed assets have been physically verified
 & reconciled at such intervals, as considered appropriate by the
 management and no material discrepancy has been observed. In our
 opinion, the frequency of physical verification of such assets is
 reasonable having regard to the si2e of the Company and nature of its
 fixed assets. In case of other assets, we have been explained that the
 Management intends to carry out a thorough physical verification &
 reconciliation thereof and to determine the impaired assets, if any.
 
 c) The company has not disposed off any substantial part of its fixed
 assets during the period under report.
 
 (ii) a) We have been explained that the inventory has been physically
 verified by the management at regular intervals during the year.
 
 b) In our opinion, the procedures of physical verification of inventory
 followed by the management are reasonable in relation to the size of
 the company and the nature of its business.
 
 c) The company is maintaining proper records of inventory. The
 discrepancies noticed on physical verification of inventory as compared
 to book records were not material and have been properly dealt with in
 the books of account.
 
 (iir) a) According to the information and explanations given to us, the
 company has not granted loans, secure or unsecured to companies, firms
 or other parties covered in the register maintained under section 301
 of the Companies Act, 1956. Therefore, provisions of clauses 4 (iii)
 (b), (c) and (d) of the Companies (Auditors Report) Order 2003 (as
 amended) are not applicable to the Company.
 
 b) As informed, the Company has not taken any loans, secured or
 unsecured from companies, firms or other parties covered in the
 register maintained under Section 301 of the Companies Act, 1956.
 Therefore, provisions of clauses 4 (iii) (e) to (g) of the Companies
 (Auditors Report) order, 2003 (as amended) are not applicable to the
 Company.
 
 (iv) On the basis of our evaluation of internal control system and
 according to the information and explanation given to us, having regard
 to the explanation that some of the items purchased are of a standard
 product and alternative source do not exist for obtaining quotations
 thereof, or items subject to Government price control where no
 comparison is possible, it appears that there are reasonable internal
 control procedures commensurate with the size of the company and its
 nature of business, for the purchase of inventory and fixed assets and
 for sale of goods and Services. Further, on the basis of our
 examination and according to the information and explanations given to
 us, we have neither come across nor have been informed of any
 continuing failure to correct major weaknesses in the aforesaid
 internal control system.
 
 (v) a) As per information and explanations given to us all the
 particulars of contracts or arrangements referred to in Section 301 of
 the Companies Act, 1956 that need to be entered in to the register
 maintained under that section are being so entered.
 
 b) In our opinion and according to the information & explanations given
 to us, the transactions made in pursuance of contracts or arrangements
 entered in the register maintained under section 301 of the Companies
 act, 1956 in respect of any party during the year have been made at
 prices which are reasonable having regard to prevailing market prices
 at the relevant time.
 
 (vi) The Company has not accepted any deposits during the period under
 report from the public under Section 58A and 58AA of the Companies Act,
 1956.
 
 (vii) In our opinion the company has a proper and effective internal
 audit system commensurating with the size and the nature of its
 business.
 
 (viii) We have been informed that the Central Government has not
 prescribed maintenance of cost records under section 209(l}(d) of the
 Companies Act, 1956 for the period under review.