Orient Paper & Industries Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
1. Non-ascertainment and provision of liabilities for the quarter in respect of the revised Accounting Standard 15 Employee Benefits.
2. Non provision for deferred tax for the quarter.
1. Non-ascertainment and provision of liabilities for the quarter in respect of the revised Accounting Standard 15 Employee Benefits.
2. Non provision for deferred tax for the quarter.
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