Well, you should also copy management’s response on this remark by the auditor. I am not an expert on accounting so can’t make a firm comment on the same. Could you point out any instances to substantiate your claim about diversion of funds. What I found that NPRPL has provided 12cr unsecured loan to the listing entity at 0.0001%/yr for 5 yrs from 2012 onwards (FY15 AR, page 110) apart from helping secure loans from financial institutions. This makes me wonder why would promoters behave dishonestly.
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