Applicability of caro


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 February 2013 My Client is a closely held public limited company (not Pvt Ltd) satisfying all the conditions as stipulated for Pvt Ltd Company under CARO

I would like to know whether CARO is applicable to the company & if applicable the how?

Ajay Mishra (Expert)
22 February 2013 Hi

Please confirm, as you says, that it is closely help public company but not private limited company.


Please suggest what is on your company MOA & AOA.

Its public limited or private limited.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2013 Yes It's Public limited as written in MOA/AOA

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2013 But mostly family members are only holding the Shares (as it is closely held)


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