Page 191 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
STATEMENTS
REPORTS
REPORT
Standalone

Core Investment Companies (Reserve Bank) Directions, give any guarantee nor any assurance that all liabilities falling
2016) has more than one CIC as part of the Group. The due within a period of one year from the balance sheet date,
Group has six CICs as part of the Group. will get discharged by the Company as and when they fall
due.
(xvii) The Company has not incurred cash losses in the current and
in the immediately preceding financial year. (xx) a) In our opinion and according to the information and
explanations given to us, there is no unspent amount
(xviii) There has been no resignation of the statutory auditors under sub-section (5) of section 135 of the Companies
during the year. Accordingly, clause 3(xviii) of the Order is not Act, 2013 pursuant to any project other than ongoing
applicable.
projects. Accordingly, clause 3(xx)(a) of the Order is not
(xix) According to the information and explanations given to us applicable.
and on the basis of the financial ratios, ageing and expected
dates of realisation of financial assets and payment of financial b) In our opinion and according to the information and
liabilities, other information accompanying the financial explanations given to us, there is no unspent amount
statements, our knowledge of the Board of Directors and under sub-section (5) of section 135 of the Companies
management plans and based on our examination of the Act, 2013 pursuant to any ongoing project. Accordingly,
evidence supporting the assumptions, nothing has come to clause 3(xx)(b) of the Order is not applicable.
our attention, which causes us to believe that any material For B S R & Co. LLP
uncertainty exists as on the date of the audit report that the Chartered Accountants
Company is not capable of meeting its liabilities existing at Firm’s Registration No: 101248W/W-100022
the date of balance sheet as and when they fall due within a
period of one year from the balance sheet date. We, however, Vijay Mathur
state that this is not an assurance as to the future viability of Partner
the Company. We further state that our reporting is based on Mumbai Membership No: 046476
the facts up to the date of the audit report and we neither April 29, 2022 UDIN: 22046476AIAYFT9792

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