Question ID : 44548

Applicability of CARO 2020

Regarding Private Limitred, have one Confusion . In the Order it is mentioned that not being a subsidiary or holding company of a public company Here My Query is Whether if Private Limited Company is a Subsidiary of one foreign Company. Then CARO is applicable to this or nor? Because of the Professionals are telling that CARO is applicable to Any Subsidiary Company.

posted by LAKSHMI NARAYANA PANTHANGI on Sep 21 2023 12:00AM