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Question ID : 44706

CARO Applicability

A private Limited company is having paid up capital Rs Rs 4.92 cr and Reserves and surplus negative i.e.(-5) cr . Borrowing from banks is Rs 0.53 cr and Revenue is 1 cr . So kindly guide whether CARO is applicable.

Posted by samirkumar gokulbhai kasvala on Aug 08, 2024

Filed Under Companies Act, 2013

Answer ID : 85487

Answered in Question ID 44707

Posted by CA. SURAJ KUMAR CHOUDHARY on Aug 12, 2024