applicabliti of CARO in case of pvt. ltd. co.

This query is : Resolved 

29 August 2008 if a pvt. ltd. company having capital 1.00 lacs and turnover Rs. 38 lacs and raised a unsecured loan from directors and relatives during the previous year Rs. 5 lacs. IS CARO APPLICABLE

29 August 2008 caro is not applicable.



30 August 2008 No Caro is not applicable

30 August 2008 Thanks



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