Moneycontrol
Get App
SENSEX NIFTY
you are here:

Pasupati Fincap Ltd.

BSE: 511734 | NSE: | Series: | ISIN: INE527C01010 | SECTOR: Finance - Investments

BSE Live

Mar 04, 16:00
0.97 -0.01 (-1.02%)
Volume
AVERAGE VOLUME
5-Day
27
10-Day
232
30-Day
414
100
  • Prev. Close

    0.98

  • Open Price

    0.97

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

(%)
Volume
No Data Available
  • Prev. Close

  • Open Price

  • Bid Price (Qty.)

    ()

  • Offer Price (Qty.)

    ()

Pasupati Fincap is not listed on NSE

Annual Report

For Year :
2014 2013 2012 2011 2010 2009

Auditor's Report

1. We have audited the attached Balance Sheet of .M/S PASUPATI FINCAP LTD.as at 31st March, 2009 and also the Profit and Loss Account 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. 2. We have conducted our audit in accordance with auditing standards generally accepted in India. These standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes, examining, on a test basis, evidence supporting the amounts and disclosure in financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides us a reasonable basis for our opinion. 3. As required by the Companies (Auditors Report) order 2003, issued by the Central Government of India in terms of Sub-Section (4A) of Section 227 of the Companies Act, 1956. we enclose in the Anncxure a Statement on the matters specified in paragraph 4 and 5 of the said order to the extent applicable to the company. 4. Further to our comments in the Annexure referred to above, we report that: (i) We have obtained all the information and explanation which, to the best of our knowledge and belief were necessary for the purpose of our audit. (ii) In our opinion, proper books of account as required by law have been kept by the Company so far as appears from our examination of those books. (iii) The Balance Sheet and the Profit and Loss Account dealt with by the report are in agreement with the Books of Account of the company. (iv) In our opinion, the Balance Sheet and Profit & Loss Account dealt with by this report comply with the Accounting Standards as referred to in Sub- Section (3c) of the Section 211 of the Companies Act, 1956 except liabilities for Gratuity and Leave Encashment on retirement and no reporting of related parts disclosure as lequired by AS-18. (v) On the basis of written representations received from the Directors as on 31.03.2009 and taken on record by the Board of Directors, we report that none of the Directors is disqualified as on 31stMarch 2009 from being appointed as a director in terms of clause (g) of Sub-section (i) of Section 274 of the Companies Act, 1956. 5. In our opinion and to the best of our information and according to the explanations given to us, the said financial statement with the notes thereon, given the information required by the Companies Act,1956, in the manner so required and present a true and fair view in conformity with the accounting principles generally accepted in India. (a) In case of the Balance Sheet, of the state of the affairs of the Company as at 31 March, 2009 and; (b) In case of the Profit and Loss Account, of the Profit for the year ended on that date. ANNEXURE REFERRED TO IN PARAGRAH 1 & 2 OF THE AUDITORS REPORT OF EVEN DATE TO THE MEMBERS OF M/S PASUPATI F1NCAP LTD. ON THE ACCOUNTS FOR THE YEAR ENDED MARCH 31.2009 1. (a) The Company is maintaining proper records showing full particulars, including quantitative details and situation of fixed assets. (b) According to the information and explanations given to us, Fixed assets have been physically verified by the management of the company during the year which is in our opinion is reasonable having regards to the size of the company and nature of its fixed assets. No material discrepancies were noticed on such verification. (c) According to the information and explanations given to us, the company has not disposed off substantial part of fixed assets, hence reporting on the going concern status in this regard does not rise. 2. (a) Physical verification of the inventory excluding materials in transit has been conducted at reasonable intervals by the management during the year. (b) In our opinion and according to information and explanations given to us, the physical verification of inventory followed by the management is reasonable and adequate in relation to the size of the company and the nature of its business. (c) In our opinion, the Company is maintaining proper records of inventory, and there no material discrepancies were noticed on physical verification by the management as inform to us. 3. (a) As informed to us, the Company has not granted interest free loans, secured or unsecured to companies , firms or other parties covered in the register maintained U/S 301 of the companies Act 1956 and the Company has not taken any loans, secured or unsecured to companies , firms or other parties covered in the register maintained U/S 301 of the companies Act 1956. Consequently, the report requirements of paragraph (iii) (a) to ( g) are not applicable and hence not reported accordingly. 4. In our opinion and according to the information and explanations given to us, there are adequate internal control procedures commensurate with the size of the company and the nature of its business for the purchase of inventory, fixed assets & sale of goods. 5. According to the information and explanations given to us, the Company has entered the transactions that need to be entered into the register in pursuance of Section 301 of the Act. Consequently, the report requirements of paragraph 4 v (a) & (b) are not applicable and hence not reported accordingly 6. In our opinion and according to the information and explanations given to us, the company has not accepted any Deposits from the public within the meaning of section 58A of the Companies Act, 1956, and the Companies (Acceptance of Deposit) Rules, 1975. 7. In our opinion, the company has an internal audit system commensurate with the size and nature of its business. 8. We are informed that the Central Government under Section 209(1) (d) of the Companies Act, 1956, has not prescribed the maintenance of cost records. 9. (a) According to the information and explanations given to us and according to the books and records as produced and examined by us, in our opinion, the Company is generally regular in depositing undisputed statutory dues with the appropriate authorities. According to the information and explanation given to us, there are no arrears of outstanding statutory dues as mentioned above as at 31st March, 2009 for a period of more than six months from the date they became payable. (b) According to the information and explanations given to us, there are no dues outstanding of sales tax, income tax, custom tax, wealth tax, excise duty and cess on account of any dispute. 10. According to the information and explanations given to us there are accumulated losses of the company at the end of the financial year. 11. According to the information and explanations given to us, the company has not defaulted in repayment of dues to any financial institution; and bank. 12. According to the information and explanations given to us, the company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other securities. 14. In our opinion and according to the information and explanations given to us, the Company is not dealing or trading in shares securities, debenture and other investment. 15. According to the information and explanations given to us, the Company has not given any guarantees for loans taken by others from banks or financial institutions. 16. In our opinion and according to the information and explanations given to us, the company not obtained any term loans during the year. 17. According to the information and explanations given to us and on an overall examination of the balance sheet of the Company, in our opinion, there are no funds raised on a short term basis which have been used for long term investment and vice versa. 18. The Company has not made any preferential allotment of shares to parties and companies covered in the Register maintained under section 301 of the Companies Act, 1956 during the year. 19. According to the information and explanations given to us The Company has not issued any debentures during the year. 20. The Company has not raised any money by public issue during the year. 21. According to the information and explanations given to us, during the year, no fraud on or by the company has been noticed or reported during the year. 4701/21-A, AnsariRoad Darya Ganj, New Dclhi-02 For M. C.JAIN & CO. Chartered Accountants (Manoj K. Patawari) Partner Place: New Delhi Date : 22nd August 2009.