This being a statement of fact calls for no comments separately.
for De Chakraborty & Sen
Chartered Accountants FR No. 303029E
(Hrishikesh Chakraborty) Partner
Membership No. 005660 Place: Kolkata
Date :the18th day of May, 2012.
ANNEXURE TO THE AUDITORS' REPORT
(Referred to in paragraph 3 of our report of even date).
On the basis of checks carried out during the course of audit and as per information
and explanations furnished to us and to the best of our knowledge and belief we report
the few old items of fixed assets mentioned by the auditors are fully
Efforts for verification of fixed assets at other locations have
already been taken, and the same has since been carried out during 2012-13.
the said Stockyards of West Bengal Regional Sales office are not
operative since long. the book stock is not significant and its value has been fully
provided for since long.
These are 100% subsidiaries of CIL, and are sick and referred to
BIFR. Certain interest from advances to these companies were deferred due to
uncertainties involved in realization owing to their poor financial
condition and in certain cases such interest were waived as per their revival scheme under
Chartered Accountants FRNo.303029E
Date : the 18th day of May, 2012.