Caro 2016 applicability

small companies is exempted under caro 2016.
But what if a small company which is pvt Ltd has share capital more than 1crore.Is it still applicable or exempt.
Replies (2)
Quick Summary
This discussion clarifies the applicability of CARO 2016 for small companies. It confirms that small companies are generally exempt from CARO 2016 requirements. The exemption holds true even if a private limited small company has share capital exceeding £1 crore.

Yes exempt
Yes small companies are accepted

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