Audited accounts. 29.1.1 The Concessionaire shall maintain books of accounts recording all its receipts (including all fee and other revenues derived/collected by it from or on account of the Project and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice,
Audited accounts. 15.1.1 The Supplier shall maintain books of accounts recording all its receipts (including Tariff, revenues from sale of power to the Aggregator, other Distribution Licensees and Buyers, and all incomes derived/collected by it from or on account of the Power Station and/or sale of electricity from the Power Station), income, expenditure, payments, assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Supplier shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Aggregator shall have the right to inspect the records of the Supplier during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Aggregator for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement.
15.1.2 The Supplier shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Aggregator its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange.
15.1.3 On or before the thirty-first day of May each Year, the Supplier shall provide to the Aggregator, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarised information on (a) receipts on account of Tariff, (b) revenues from sale of electricity to other Distribution Licensees and Buyers, and (c) such other information as the Aggregator may reasonably require.
Audited accounts. 27.1.1 The Concessionaire shall maintain books of accounts recording all its receipts (including all revenues derived collected by it from or on account of the Project and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement.
27.1.2 The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified.
27.1.3 The Concessionaire shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange.
Audited accounts. As soon as available and in any event within 120 days after the end of each of its financial years (beginning with the current one), the Borrower will deliver to the Agent enough copies for the Banks of its annual report and audited consolidated accounts (including balance sheet, profit and loss and cashflow statements of the Borrower) as at the end of and for that financial year, together with copies of the related directors’ and auditors’ reports.
Audited accounts. 30.1.1 The Concessionaire shall maintain books of accounts recording all its receipts (including all Fees and other revenues derived or collected by it from or on account of the Project), income, expenditure, payments, assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire shall provide 2 (two) copies of its audited financial statement [viz balance sheet, cash flow statement and profit and loss account), along with a report thereon by its Statutory Auditors as filed with the relevant Registrar of Companies, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority only for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement.
30.1.2 On or before the thirty-first day of July each Year, the Concessionaire shall provide to the Authority, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarized information on (i) the count for each category of persons using the Project and liable for payment of Fee therefor, (ii) the number of Students using the Medical College and liable for payment of Tuition Fees therefor
Audited accounts. 21.1.1 The Implementation Agency shall maintain books of accounts recording all its receipts (including all revenues derived/collected by it from or on account of the Project and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Implementation Agency shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement, Profit and loss Account, along with a report thereon by its Statutory Auditors, within 180 (one hundred and eighty) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right either through itself or through any of its authorised representatives, to inspect the records of the Implementation Agency during office hours and require copies of relevant extracts of books of Accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either party under this Agreement.
21.1.2 The Implementation Agency shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, giving summarized information on the conducted tests count for each category of Users using the Project and liable for payment of Fee therefore, and any other information, in the manner and form prescribed by the Securities and Exchange Board of India.
21.1.3 On or before the 31st (thirty-first) day of May each Year, the Implementation Agency shall provide to the Authority, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarized information on revenues derived from the Project, and such other information as the Authority may reasonably require.
Audited accounts. 13.1.1 The Operator shall maintain separate books of accounts with respect to the Project in compliance with generally applicable accounting principles in India, which books of accounts shall be duly audited by a statutory auditor in accordance with the requirements of Applicable Law. Copies of such books of accounts shall be provided to the Authority upon written request from the Authority and shall also be available for audit as and when required.
Audited accounts. The delivery to the Purchaser of true and correct copies of each of the Financial Statements and such statements shall include true and complete copies of the balance sheets of the Company and Related Entity and the related statements of operations, shareholders' equity and cash flow statements for each such period, together with a true and correct copy of the report on such audited information and all existing management letters from the auditors, with respect to the results of such audits.
Audited accounts. 19.1.1 The Operator shall maintain, in accordance with standard accounting practices and statutory requirements under Indian Law, complete, accurate and up-to-date records and accounts relating to the Project and the Project Facilities including the assets, liabilities, revenues and expenses, costs of repair, as well as records of the Operator’s staff/ employees/ personnel/ sub-contractors involved in performing the Operator’s obligations under the Contract, from time to time;
19.1.2 The Operator shall provide copies of such accounts, duly audited and certified by its Statutory Auditors, to the Authority no later than 90 (ninety) days from the date of close of each Financial Year to which they pertain. The Operator shall promptly furnish to the Authority copies of relevant extracts of its books of accounts, duly certified by its Statutory Auditors, as may be reasonably required by them for verification of such accounts. The Operator shall also furnish to the Authority, within 7 (seven) days of its publication, a certified copy of the audited accounts and the annual report published by the Operator under the Applicable Laws.
Audited accounts. (i) In accordance with Section 38 (Arrangements with Service Providers) of the Health Act, 2004 as amended by the Health Act 2007, the Provider shall submit a copy of its audited accounts and the auditor’s certificate and report on the accounts to the Executive within the period specified by the Executive.
(ii) For the avoidance of doubt, the expenses of the audit of the Provider’s accounts shall be payable by the Provider.
(iii) The Provider’s audited accounts shall separately identify Funding received from the Executive, as distinct from other funding received during the financial year.
