Applicability of CARO
This query is : Resolved
06 September 2008
If paid up sharecapital & reserves exceeds Rs.50 lakhs, CARO is applicable.
Whether Share Premium is included in the defination of 'Reserves' for this purpose?
Whether Share Premium is included in the defination of 'Reserves' for this purpose?
06 September 2008
Yes
06 September 2008
yes
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