Does contravention of section 185 need to report by auditor ?
whether CARO reporting applicable for the same ?
5 Replies
P C Agrawal
(Registered independent director Past Ch)
(8229 Points)
Replied 19 June 2014
CARO is yet to be amended as per Companies Act 2013.
RoHaN k
(CA & CS)
(308 Points)
Replied 19 June 2014
But sir , whether auditor needs to qualify the report if there is a contravention of Sec.185?
P C Agrawal
(Registered independent director Past Ch)
(8229 Points)
Replied 19 June 2014
When there is no amendment in CARO for Sec.185, where is the question of reporting non-compliance?
RoHaN k
(CA & CS)
(308 Points)
Replied 19 June 2014
Sir ,
CARO is one of the reporting requirement.
The company which are not elgible for CARO reporting , whether such 185 contravention need to be reported and need qualification in such case or not ?
Because I am confused whether Violation of law is a reason of qualification ? Because it is not specificaly mentioned u/s 143.
If Auditor need to qualify such contravention then followed by this board report also have to comment on such contravention.
Recent Topics
- Form GSTR-3A Notice - Notice to return defaulter u
- Itr forms released itr2 3
- Query related to E-invoice
- Project Finance Process
- Miracle on 11-Jul-2025. ITR-2 and ITR-3 Now Availa
- 80ddb & discharge summary
- GSTR1 filing issue for ISD Invoices in B2B
- Report Swiggy and Zomato Sale in GSTR1
- Form 10IE before due date and ITR filed after due
- BUC SALE
Related Threads
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CA Deepak Gupta15 July 2025
CAclubindia
