Query on caro 2016

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

04 April 2016  

Friends

As per reporting requirements of CARO 2016, could you please clarify very briefly what is meant by ‘non cash transactions’ in the clause – “whether the company has entered into any non-cash transactions with directors or persons connected with him and if so, whether the provisions of section 192 of Companies Act 2013 have been complied with.”

Regards,

Dipjyoti