Qualified Opinion: 1. The company did not call AGM since financial year 2016-2017. AS such, neither the company's financial statements were approved by shareholders through ordinary resolution, nor auditors' appointment for the year June 30, 2017 nor June 30, 2018 was confirmed by the company's shareholders. However, the board of directors has given their consent to approve the financial statements for the year June 30, 2017 and June 30, 2018 in the company's board meeting. (cont.1)