1. As stated in note 1.1 to the financial statements, accumulated losses of the Company as of March 31, 2016 exceeded its capital by SR 14.07 million (2015: SR 12.57 million). Article 180 of the Regulations for Companies requires partners meeting to consider the Company’s continuation or dissolution if the losses reach three fourth of the capital. Further, this resolution should also be published in official gazette. Furthermore, as per Article 181 of the new Companies Regulations, which are effective from May 02, 2016 if the losses of a limited liability partnership amounts to half of its capital, the directors of the company shall record such event in the commercial registry and call the partners for meeting, within a period of no more than 90 days of the date of being informed that the losses amounted to such level, in order to discuss whether to maintain or dissolve the company. The resolution of the partners, whether to maintain or dissolve the company, shall be notarized in the ways set forth in Article 158. The company shall be deemed dissolved by the force of law if the directors of the company fail to call the partners or the partners fail to adopt a resolution whether to maintain or dissolve the company. These conditions indicate existence of a material uncertainty that may cast doubt about the Company’s ability to continue as a going concern. However, the one of the partner Rolta India Limited has given commitment to support the Company and ensure its going concern status and as mentioned in note 1.1 to the financial statements the Company also has continuous orders from its customers.