19 November 2018
If to a company X pvt ltd, CARO 2016 is not applicable then whether auditor needs to mention in "Report on other legal and regulatory Requirements Point No 1" that CARO is not applicable to this company.
19 November 2018
Yes, auditor has to mention that Caro,2016 is not applicable. My wordings is given here under..
1. As per the exceptions referred to in clause 2(v) of the Companies (Auditor’s Report) Order, 2016 (“the Order”) issued by the Central Government of India in terms of sub-section (11) of section 143 of the Act, statement on the matters specified in paragraphs 3 of the said order are not applicable to the company
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