Question ID :
35861
Applicability of CARO
Whethet CARO is applicable to the following Pvt Ltd Co?
1. Paid up capital & reserve: Rs 1.19 Crore
2. Loan : Rs 43 Laks
3. Turnover : Rs 7.22 Crore
Posted by
CA. GHOSH SAMRAT
on
Oct 29, 2018
Filed Under
Companies Act, 2013
The turnover has crossed the exceptional limit as in clause 2(v) , hence CARO,2016 is applicable to the said company.
Posted by
B.CHACKRAPANI WARRIER on
Nov 08, 2018