Tree House Education & Accessories Ltd has informed BSE that: "This has reference to the press article sighting a Queries on the Account receivables for the just concluded FY 2015. We wish to place on record as also for the benefit of members that the financials of Tree House Education and Accessories Limited have been audited and adopted by the board after a detailed and careful review of its true and fair position. The points raised by the proxy advisory firm is based on their understanding and is devoid of practical business realities and our revenue receipts sources. We wish to confirm that the nature of receivables is consistent with the business practice".
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