The company has been a leader in the insurance market with world-class products, efficient service and after-sales support. The company has been offering various types of insurance plans both in the Life Insurance category and General Insurance category. When it comes to Travel Insurance, the company offers its customers a host of travel insurance plans whether it is for individuals, or the entire family.
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial control that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Ind AS financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.
We have taken into account the provisions of Bajaj report Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made there under.
We conducted our audit of the standalone Ind AS financial statements in accordance with the Standards on Auditing, issued by the Institute of Chartered Accountants of India, as specified under Section 10 of the Act. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements.
Bajaj Allianz Travel Insurance Overview. Bajaj Allianz Travel Insurance plans are offered by Bajaj Allianz General Insurance Company Limited, which is a joint venture between Bajaj . Bajaj Auto Limited is a global two-wheeler and three-wheeler Indian manufacturing company. It manufactures and sells motorcycles, scooters and auto monstermanfilm.com Auto is a part of the Bajaj monstermanfilm.com was founded by Jamnalal Bajaj in Rajasthan in the s. It is based in Pune, Mumbai, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttarakhand. Download the latest copy of the Annual report of Bajaj Finserv, Bajaj Allianz, and Bajaj Finance here. You can also access reports from the last eight years. Visit this page for more information.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone Ind AS financial statements. Opinion In our opinion and to the best of our information and according to the explanations given to us, the standalone Ind AS financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at 31 Marchits profit including other comprehensive income, its cash flows and the changes in equity for the year ended on that date.
Other matter The Ind AS financial statements of the Company for the year ended 31 March have been audited by the predecessor auditor who expressed an unmodified opinion on those statements on 18 May Report on other legal and regulatory requirements 1.
As required by section 3 of the Act, we report that: The Company has disclosed the impact of pending litigations on its financial position in its standalone Ind AS financial statements - Refer Note 34 to the standalone Ind AS financial statements; ii.
The Company has made provision, as required under the applicable law or accounting standards, for material foreseeable losses, if any, on long-term contracts including derivative contracts - Refer Note 32 c to the standalone Ind AS financial statements; iii.
There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company. No material discrepancies were noticed on such verification. The inventory has been physically verified by the Management during the year. In our opinion, the frequency of verification is reasonable.
No material discrepancies were noticed on such physical verification. Inventories lying with third parties have been confirmed by them as at 31 March and no material discrepancies were noticed in respect of such confirmations.
Accordingly, the provisions of clause 3 iii ab and c of the Order are not applicable to the Company and hence not commented upon. In our opinion and according to the information and explanations given to us, there are no loans, guarantees, and securities given in respect of which provisions of section of the Act are applicable and hence not commented upon.
In our opinion and according to the information and explanations given to us, provisions of section of the Act in respect of investments made have been complied with by the Company.
The Company has not accepted any deposits within the meaning of Sections 73 to 76 of the Act and the Companies Acceptance of Deposits Rules, as amended. Accordingly, the provisions of clause 3 v of the Order are not applicable to the Company and hence not commented upon.
To the best of our knowledge and as explained, the Central Government has not specified the maintenance of cost records under section 1 of the Act for the products of the Company.
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As per a report from Autocar India, the Bajaj Pulsar is in the works and is likely to be launched in April or by mid The LS is likely to make the Pulsar brand more affordable. Since Bajaj Auto Ltd.
is one of the top listed entities, the Company, as in the previous years, has presented its BR Report for the financial year , which is part of this Annual Report.
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the animals ask. Bajaj Allianz Travel Insurance Overview. Bajaj Allianz Travel Insurance plans are offered by Bajaj Allianz General Insurance Company Limited, which is a joint venture between Bajaj .