Caro

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 December 2013 dear sir
a pvt company's sundry creditors are in the closing date it was 26 lakhs .
is the company applicable to caro?

CA Kedar Sakhardande (Expert)
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31 December 2013 No CARO not applicable for creditors criteria

Applicable only for Capital, Loan and Turnover criteria as per Co Act 1956

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