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Daily Archives: December 6, 2015
Easy to remember CARO, 2015 – Part 2

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As a continuance of Part -1, CARO, 2015 clauses are easy to remember. All have their own technique or way to remember. Here is one of my way to remember, especially for students in exams, CARO, 2015 clauses:
1) In old CARO i.e. in CARO, 2003 there were 21 clauses but now in new CARO, 2015; there are only 12 clauses.
2) Key to remember sequentially all clausess:
“By FILing of ID, CS ने Loss Making Company को Default से बचाने के लिए Guarantee दिया, मगर ‘Loan Application’ में ही Fraud निकला !!!”
Following are the different sequential clauses of CARO, 2015:
- Fixed Assets
- Inventory
- Loans & Advances
- Internal Control
- Deposits
- Cost Accounting Records
- Statutory Dues
- Loss Making Company
- Defaults in Repayment of Dues
- Guarantee given
- Loan Application
- Fraud
Here are only given the title of the relevant clauses in CARO, 2015. To see all clauses of CARO, 2015 go this Link of MCA.
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