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Applicability of CARO 2003

Companies Law - PRESS RELEASE - Dated:- 1-4-2015 - We are receiving queries from the members regarding applicability of CARO, 2003 along with Auditors Report on financial statements of companies for the financial year 2014-15. The Ministry of Corpora .....

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ittee. We are given to understand by MCA that an Order being a smaller version of CARO 2003, applicable for the financial year 2014-15, may be notified soon under section 143(11) of the Companies Act, 2013. However, at this juncture, to bring more cl .....

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also ceases to have effect from the said date. Section 143(11) of the Companies Act, 2013 which came into force from 01st April, 2014 provides that the Central Government may, in consultation with the National Financial Reporting Authority, by gener .....

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