We report that: (I) a) The Company has maintained
As required by Section 143(5) of the Act, we have considered the direction and sub issued by the Comptroller Auditor General of India. We report that: (I) a) The Company has maintained proper records showing full particulars including quantitative details and situation of fixed assets on the basis of the available information. B) As explained to us, the Company has a regular programme of physical verification of its fixed assets by which all fixed assets are verified in a phased manner, which in our opinion is reasonable, having regard to the size of the Company and nature of its assets.
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As with everything there is a balance of respect As a property manager we are hired to give the best we can we are entrusted with another’s property. Every month is definitely to many times to do an on site inspection when a drive by would be sufficient. One can tell a lot by how an exterior is maintained (unless there is a gardener).
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