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Caro applicability

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21 July 2016 if share capital is more than 1 Cr . whether Caro is applicable for private limited company
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Ruchi

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Ruchi (Expert)
21 July 2016 Yes, it will be applicable. If paid up capital and free reserves exceed 50 lakhs then CARO is applicable irrespective of turnover and outstanding loans.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
21 July 2016 @ Ruchi
It is one crore as per CARO,2016.



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Ruchi

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Ruchi (Expert)
21 July 2016 Ohhh.... thank you Sir for correcting me.

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