Page 5 - BALANCE SHEET MGT_001(1)

"Annexure A" to the lndependent Auditor's Report o[ even date on the Standalone F'inancial statements of
M G T MOTORS PRIVATU LlMtTr:D for the year ZOtg-ZO

. We report that:
Sl.no Particularc Auditors Remark
(i) (a) Whether the company is maintaining proper The company is maintaining proper records
records showing full particulars, including showing full particulars, includirrg quantitative
quantitative details and situation of fixed assets: details and situation of fixed assets.

(h) Whether thesc tlxed assers have beerr physically There is a regular progranrme of selecrivt'
verified by the management at reasonable verification ol the nrajor assets wlrich, in our
. intervals; whether any material discreparrcies opinion, is reasonable having regard to the sizr.
were noticed on such verificatlon and if so, ol the'conrparry arld the naturc of its assets. No
whether the same have been properly dealt wirh material rliscrepancics were noticed on such
in the books ofaccount; verificatiorr

Whc.ther title dceds of inrrrrovable propertir.s are The showroorl building at lnrphal is corrstructed
held in the rranre ol the conrpany, if not, provide on leasehold land located at Chari, Airport Road,
the details lmphal leased for a peliod o[ 25 (twerrry] fivt:
years frorn L Dilip Singh.
(i i) (a) Whether physical verification of inventory has The inventory . has been physicalty verified
been conducted at reasonable intervals by the during the year by the management. ln our
management; opinion, the frequency of veritication is
reasonable.
(b) Whether any uraterial discrepancies were The company is maintaining proper records of
noticed and if so, whether the same have been inventory. The discrepancics noticed on
properly dealt with in the books of accounr verification between the physical stocks and thc
book records werc not ntaterial
(iii) Whether the company has granted any loans, secured The contpany has not grantc.d any unsecured
or unsecured to companies, firms or other parties loitrts lo any conrl)arny or [irnrs covcred rrrttltr
covered in the register maintained under section l89 s(!ction I U9 ol tht (lottparrir.s Act, 201:i
ol the Conrpanies Act. lfso,
a a) Whethor thc ternrs and conditions ol thc grirnt ol Not applicublt
such loans are not prr'lutlicial [o thr. conlpatry
b) Whether the schedule of rl.paylncnt ol principal Not applicable
and paynrent of int€rest has been stipulated and
whether tlre repayments or receipts are regular
c) lf the amount is overdue, state the toEtl amount Not applicable
overdue for more than ninety days, and whether
reasonable steps have been taken by the
compiury lbr recovery o[ the priocipal and
interest

(iv) ln respect ol loans, investnrents, guarautees and There are no such cases
security whether provisions ofsection 185 and 186 of
the Companies Act, 2013 have been com plied with. ll
not, proviclc the dctails thtreo[.

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