Caro
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2012
clause no x of caro, we have to report on
"in case of a company which has been registered for a period not less than five years, We have to reports its accumulated losses at the end of the financial year are not less than fifty per cent of its net worth and whether it has incurred cash losses in such financial year and in the immediately preceding financial year"
what if the company is less than 5 years old and have accumulated loss and also incurred cash loss?
"in case of a company which has been registered for a period not less than five years, We have to reports its accumulated losses at the end of the financial year are not less than fifty per cent of its net worth and whether it has incurred cash losses in such financial year and in the immediately preceding financial year"
what if the company is less than 5 years old and have accumulated loss and also incurred cash loss?
21 August 2012
In case of a company which has been registered for less than 5 years, you have to mention "Not applicable".
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