Majestic Research Services and Solutions Ltd
Auditors disclaim opinion on H1/2026 results amid CIRP, NCLT transfer, and evidence gaps
Financial Results
Key audit disclaimer
- Disclaimer of opinion on results due to inability to obtain sufficient audit evidence.
- Basis cites inability to verify opening balances as at 1 April 2025.
- NCLT initiated CIRP; Resolution Professional appointed; board powers suspended.
- Resolution plan approved 20 June 2025; new management appointed.
- Comparatives for the previous half-year not presented due to CIRP.
- Current half-year results shown as balancing figure between audited year and unaudited H1.
- Auditors independent; disclaimer issued per basis of opinion.
- Management/Resolution Professional responsible for current half-year financial information.
- There remains possibility significant information not considered; impact on financial position uncertain.