Wednesday, July 2, 2014

Draft Auditors' Certificate for Deposits

TO WHOMSOEVER IT MAY CONCERN

This is to certify that M/S XYZ PRIVATE LIMITED, having CIN No. U17110PN1996PTC104672 has accepted *deposits from relatives of the directors of the company and associate firm. Total deposits outstanding as on 1st April, 2014 amounts to Rs. 1,10,000/- received from 5 (Five) Depositors. Details of the party wise deposits are enclosed in Annexure -1.

We further certify that, as explained to us by the management, these deposits do not bear any maturity date. We were further explained that no interest is payable on the Deposits as indicated in the said Annexure.

We have verified the records maintain by the Company for these deposits and details as given in Annexure are found to be true and correct.

FOR ABC& CO
Chartered Accountants
Firm Registration No.


ABC –Proprietor
(Membership No. )
Place: Pune
Date: 16.06.2014



*The company had taken these Unsecured Loans prior to 1st April 2014 and at the time of receipt these were not deposits Pursuant to Rule 2 (b) ( ix) of Companies (Acceptance of Deposits) rules 1975.Further the above List of Depositors does not include sums accepted from other Companies and Directors, which is not a Deposit as per Rule 2(c)(vi) and Rule 2(c)(viii) respectively of Companies (Acceptance of Deposits) Rules, 2014.

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