Caro reporting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 December 2014
If in the First year company incurred losses which is exceeds net worth of company. than how we report in the CARO report (point no.X)
Please give notes.
Please give notes.
18 December 2014
you may write like this;
The accumulated losses of the Company at the end of the financial year are more than (_%) of its net worth. The company has incurred cash losses amounting to Rs. _________ in the current financial year.
The accumulated losses of the Company at the end of the financial year are more than (_%) of its net worth. The company has incurred cash losses amounting to Rs. _________ in the current financial year.
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