Format of Auditor Certificate for DPT-3

Auditor Certificate

To,

The Board of Directors

………………………….. Private Limited

…………………………………………..

………………………………………………..

Chartered Accountants’ Certificate on Return of Deposit (Form DPT 3) under clause (31) of section 2 and section 73 of Companies Act, 2013 read with Rule 2(1) (c ) and Rule 16A of Companies (Acceptance of Deposits) Rules, 2014 along with Companies (Acceptance of Deposits) Amendment Rules, 2019.

(1) The accompanying “Certificate by the Statutory Auditor” is based on the verification of the books & records from 01^st April, 2020 to 31^st March, 2021 of M/s. ……………………………..Private Limited having CIN (“The Company”), incorporated on ………………………, having its Registered Office At …………………………………………. in respect of filing of Return of Deposit with the Registrar of Companies, ————

(2) This certificate is issued pursuant to the requirements of clause (31) of section 2 and section 73 of Companies Act, 2013 read with Rule 2(1) (c ) and 16 of Companies (Acceptance of Deposits) Rules, 2014

Managements’ Responsibility

(3) The preparation of the Form DPT-3 for reporting of Return of Deposit for disclosure of details of outstanding money or loan received by a company but not considered as deposits in terms of rule 2(1)(c) of the Companies(Acceptance of Deposits) Rules, 2014 is the responsibility of the Board of Directors of the Company. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the Form DPT-3 and related documents applying an appropriate basis for preparation; and making estimates that are reasonable in the circumstances.

(4) The Board of Directors are also responsible for ensuring that the Company complies with the requirements of the Companies Act, 2013 read with respective rules and provides all relevant information as required therein.

Chartered Accountants’ Responsibility

(5) Pursuant to clause (31) of section 2 and section 73 of Companies Act, 2013 read with Rule 2(1) (c ) and Rule 16 of Companies (Acceptance of Deposits) Rules, 2014 the auditors have to issue a certificate with respect to the filing of return of outstanding receipt of money or loan by a company but not considered as deposits, in terms of clause (c) of sub-rule 1 of rule 2 from the 01st April, 2020 to 31^st March, 2021. Based on the Companies (Acceptance of Deposits) Rules, 2014 statutory auditors have to issue a certificate for form DPT-3 for disclosure of details of outstanding money or loan received by a company but not considered as deposits in terms of rule 2(1)(c) of the Companies(Acceptance of Deposits) Rules, 2014.

(6) In view of the above regulations, the Board of Directors of the Company have approached us, and it is our responsibility to issue auditors’ certificate to file one time return by the Company with the Registrar of Companies, —————–.

(7) We conducted our examination of books of account provided to us in accordance with the Guidance Note on Reports or Certificates for Special Purposes issued by the Institute of Chartered Accountants of India (“ICAI”) as well as other applicable pronouncements of the ICAI. The Guidance Note also requires that we comply with the ethical requirements of the Code of Ethics issued by the Institute of Chartered Accountants of India.

Opinion

(8) Based on our verification of audited books of account period from 01^st April, 2020 to 31^st March, 2021, we certify the following that;

1. a) The Company has outstanding loan from shareholders Rs.__________________.
2. b) The Company has received advance towards supply of goods amounting to Rs.____________.
3. c) The Company has outstanding loan from directors or relative of directors amounting to Rs. ___________.
4. d) The Company has outstanding loan from any banking institution Rs. _______________.

Part I: Deposits

Part II: Non-Deposits

Restrictions on Use

(9) This certificate has been issued to the Board of Directors of the Company at their specific request for filing of Onetime return of outstanding receipt of money or loan by a company but not considered as deposits with the Registrar of Companies, Karnataka and should not be used by any other person or for any other purpose. Accordingly, we do not accept or assume any liability or any duty of care for any other purpose or to any other person to whom this certificate is shown or into whose hands it may come without our prior consent in writing.

AUDITOR CERTIFICATE

This is to certify that M/s. …………………………… Private Limited, having CIN No. ………………………………. (“The Company”) and having its office at …………………………………….. has accepted *deposits as detailed in Annexure 1.

We further certify that, there is an outstanding receipt of money or loan by the company but not considered as deposits, in terms of clause (c) of sub-rule 1 of rule 2 from the 01^st April 2020 to 31^st March 2021 based on the records and books of the Company.

We have verified the audited financial statements for the period from 01^st April, 2020 to 31^st March, 2021 maintain by the Company for these deposits and details as given in Annexure are found to be true and correct.