Caro

This query is : Resolved 

03 October 2013 an outstanding o/d account of Rs. more than 25 lacs can make a pvt company eligible for caro reporting??(other all conditiions satisfied)

03 October 2013 Yes CARO 2003 applies since such loan , mentioned in clause 2(iv), may be on account of overdraft, cash credit, packing credit, term loan, etc.


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