ALOK KUMAR GUPTA & CO.

PHONE :0129-2285871
CHARTERED ACCOUNTANTS PLOT NO-877, SECTOR-17
FARIDABAD-121002.

AUDITOR’S CERTIFICATE ON BOOK DEBTS

Name of the borrower: GOPALSONS ATEELS PVT. LTD

Address : 31/6, NEW ROHTAK ROAD, NEW DELHI

1) Statement of Book debts as at 30.09.2007.

2) Total of book debts as at 30.09.2007 Rs. 34198119.00

3) A) Of which Book debts which are not more than 6 months old and which are
not classified as doubtful debts by the borrower.
------------------------------------------------------------------------------
Date of Debt Name of Debtor Amount( Rs.)
------------------------------------------------------------------------------
AS PER ANNEXURE ENCLOSED 32377469.00

B) Of which Book debts which are more than 6 months and of which are not
classified as doubtful debt by the borrower.

------------------------------------------------------------------------------
Date of Debt Name of Debtor Amount( Rs.)
------------------------------------------------------------------------------
AS PER ANNEXURE ENCLOSED 1820650.00

4) Of which Debts which are classified as doubtful for which provision of

which has been made/is yet to be made:
----------------------------------------------------------------------------------
Date of Debt Name of the Debtor Extent of Provision
Provision made yet to be made
----------------------------------------------------------------------------------
-NIL -

We certify that the details of the Book debts listed above is a true extract of the Books
of accounts maintained by GOPALSONS STEELS PVT. LTD and the said Book
debts have arisen in the course of supply of the goods/services by the borrower.

For ALOK KUMAR GUPTA & Co.

(Chartered Accountants)

Name of Signatory: (Alok Kumar Gupta)

Proprietor
Place: Faridabad Membership No. : 83333
Date : 07.10.2007
ALOK KUMAR GUPTA & CO. PHONE :0129-2285871
CHARTERED ACCOUNTANTS PLOT NO-877, SECTOR-17
FARIDABAD-121002.

AUDITOR’S CERTIFICATE ON BOOK DEBTS

Name of the borrower: RAJAT WIRES PVT LTD

Address : 31/6, NEW ROHTAK ROAD, NEW DELHI

1) Statement of Book debts as at 30.09.2007.

2) Total of book debts as at 30.09.2007 Rs. 51691093.00

3) A) Of which Book debts which are not more than 6 months old and which are
not classified as doubtful debts by the borrower.
------------------------------------------------------------------------------
Date of Debt Name of Debtor Amount( Rs.)
------------------------------------------------------------------------------
AS PER ANNEXURE ENCLOSED 51122101.00

B) Of which Book debts which are more than 6 months and of which are not
classified as doubtful debt by the borrower.

------------------------------------------------------------------------------
Date of Debt Name of Debtor Amount( Rs.)
------------------------------------------------------------------------------
AS PER ANNEXURE ENCLOSED 568992.00

5) Of which Debts which are classified as doubtful for which provision of

which has been made/is yet to be made:
----------------------------------------------------------------------------------
Date of Debt Name of the Debtor Extent of Provision
Provision made yet to be made
----------------------------------------------------------------------------------
-NIL -

We certify that the details of the Book debts listed above is a true extract of the Books
of accounts maintained by RAJAT WIRES PVT. LTD and the said Book debts have
arisen in the course of supply of the goods/services by the borrower.

For ALOK KUMAR GUPTA & Co.

(Chartered Accountants)

Name of Signatory: (Alok Kumar Gupta)

Proprietor
Place: Faridabad Membership No. : 83333
Date : 07.10.2007