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Section 185 & 186 of co. act 2013

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(Querist)
25 November 2016 if a company give interest free loan to director & employee then in auditor report in CARO point ... should we hv te report that company does not complied with provision of section 185 & 186 respectively ??
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
28 November 2016 You need not qualify the audit report, you can mention the same in the notes to accounts and draw attention to the same in the communication to TCWG.
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