CERTIFICATION BY CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER
We hereby certify, for the Finacial
Year ended 31st March, 2008, on the basis of the review
of the financial statements and the cash flow statement
and to the best of our knowledge and belief that:-
1.
These statements do not contain any materially untrue statement or omit any material fact or contain statement that might be misleading.
2.
These statements together present a true and fair view of the company's affairs and are in compliance with existing accounting standards, applicable laws and regulations.
3.
There are no transactions
entered into by the Company during the year
2008-09 which are fraudulent, illegal or in
violation of the Company's Code of Conduct.
4.
We have accepted responsibility for establishing and maintaining internal controls for financial reporting.
5.
We have evaluated the effectiveness of internal control systems of the Company pertaining to finacial reporting.
6.
We have disclosed to the
Auditors and Audit Committee, deficiencies of
which we are aware in the design or operation
of the internal control systems.
7.
We have taken the required steps to rectify these internal control deficiencies.
8.
We further certify that: a) There have been no significant changes in internal controls over financial reporting during the year. b) There have been no significant changes in accounting policies during the year. c) There have been no instances of significant fraud of which we have become aware and the involvement therein, of management or an employee having a significant role in the company's internal control systems over finacial reporting.
For THE MOTOR &
GENERAL FINANCE LTD
(RAJIV GUPTA) CHAIRMAN AND MANAGING DIRECTOR CHIEF EXECUTIVE OFFICER(CEO)
For
THE MOTOR & GENERAL FINANCE LTD
(M.K MADAN)
VICE PRESIDENT & COMPANY SECRETARY CHIEF FINANCIAL OFFICER(CFO)
DECLARATION
As provided under Clause
49 of the Listing Agreement with the Stock
Exchanges, the Board Members and the Senior
Management Personnel have confirmed compliance
with the Code of Conduct for the year ended
March 31, 2008.
.
For
THE MOTOR AND GENERAL FINANCE LTD
Place : New Delhi
Date :July 31, 2008
(RAJIV GUPTA)
CHAIRMAN & MANAGING DIRECTOR & CHIEF
EXECUTIVE OFFICER
