Annexure A
To,
The Members,
SWADESHI INDUSTRIES AND LEASING LIMITED
Mumbai.
CIN: L45209MH1983PLC031246
Our report of even date is to be read along with this letter.
1. Maintenance of secretarial record is the responsibility of the management of the
Company. My responsibility is to express an opinion on these secretarial records based on
my audit.
2. We have followed the audit practices and processes as were appropriate to obtain
reasonable assurance about the correctness of the contents of the secretarial records. The
verification was done on test basis to ensure that the correct facts are reflected in
secretarial records. I believe that the practices and processes I have followed provide a
reasonable basis for my opinion.
3. We have not verified the correctness and appropriateness of financial records and
Books of Account of the company.
4. Wherever required, I have obtained management representation about the compliance of
laws, rules, regulations, norms and standards and happening of events.
5. The compliance of the provisions of the Corporate and other applicable laws, rules,
regulations and norms is the responsibility of management. My examination was limited to
the verification of procedure on test basis.
6. The secretarial audit report is neither an assurance as to the future viability of
the Company nor of the efficacy or effectiveness with which the management has conducted
the affairs of the Company.
7. We have reported, in my audit report, only those non-compliance, especially in
respect of filing of applicable forms/ documents, which, in my opinion, are material and
having major bearing on financials of the Company.
|
For SANJAY DHOLAKIA & ASSOCIATES |
|
(SANJAY R DHOLAKIA) |
|
Practising Company Secretary |
|
Proprietor |
|
Membership No. 2655 /CP No. 1798 |
| Date: 28th May 2018 |
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| Place: Mumbai |
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