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May 2008

S & S Power Switchgear Ltd.

By Himanshu V. Kishnadwala, Chartered Accountant
Reading Time 1 mins

New Page 1S & S POWER SWITCHGEAR LTD.

— (30-9-2007)

From Notes to Accounts :

7. The Company is in the process of identifying the
small-scale units and Micro, Small and Medium Enterprises and hence :

(a) Interest, if any, payable as per Interest on Delayed
Payment to Small Scale and Ancillary Industrial Undertakings Ordinance, 1993
and the Micro, Small and Medium Enterprises Development Act, 2006 is not
ascertainable, and

(b) Amount payable to small-scale units is not
ascertainable.


From Auditors’ Report :



(g) Subject to the foregoing, in our opinion and to the
best of our information and according to the explanations given to us, the
said financial statements read along with the notes thereon, subject to the
dues to the small-scale industry units (Refer Note 7 of Schedule 15), 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 principle
generally accepted in India.



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