Caro, 2003

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2013 Sir,

In pvt ltd Company, if an auditor first give audit report for the year 31-3-2012, where he says CARO, 2003 in not applicable.. The same audit report is being forwarded to all shareholders..

Now, when company upload audit report on the ROC Portal for the same year that is 31-3-2012 and it shows annexures as required in Para 4 & 5 of CARO, 2003, then which is correct?

What is the intention behind this? Can CA be considered in Professional misconduct for this guilty?

This suggest 2 AUDIT report for the same year, where one says CARO, 2003 NOT APPLICABLE and other one have annexure, statement report as requirement by CARO's Order in Para 4 & 5.

Please reply, Is this professional misconduct by CA?

Please reply..

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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08 April 2013 Yes thee cab 2 audit reports for the same year one is to be approved in AGM and the 2nd to be approved in EGM

If someone as shareholder filed complain to professional misconduct committee then the action can be taken