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Applicability of caro

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(Querist)
14 September 2012 A Private company has an unsecured loan of 60 lakhs,paidup & reserve of 30 lakhs and turnover of 4 crores.Is CARO applicable to this company??
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Amol S Joglekar

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Amol S Joglekar (Expert)
14 September 2012 Yes. It is very much applicable.
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Manisha Garg

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Manisha Garg (Querist)
14 September 2012 plz give the reason why it is applicable??



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HARI KRISHNA

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HARI KRISHNA (Expert)
15 September 2012 caro is not applicable
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Manisha Garg

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Manisha Garg (Querist)
15 September 2012 Experts plz gv sm reasons with ur answers so dat i cn understand better.
plz rply

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