Applicability of Companies (Auditor’s Report) Order, 2016 (CARO 2016)
Applicability of Companies (Auditor’s Report) Order, 2016 The Central Government, after consultation with the, committee constituted under proviso to sub-section (11) of section 143 of the Companies Act, 2013 hereby makes the following Order, namely: Companies (Auditor’s Report) Order, 2016 Every company including a foreign company as defined in clause (42) of section 2 of the Companies Act, 2013 (18 of 2013) [hereinafter referred to as the Companies Act) except (i) a Banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949); (ii) an insurance company as defined under the Insurance Act 1938 (4 of 1938); (iii) a company licensed to operate under section 8 of the Companies Act; and (iv) a One Person Company as defined under clause (62) of section 2 of the Companies Act and a Small Company as defined under clause (85) of section 2 of the ...