CARO Applicability Deferred to FY 2021-22 and Onwards
The Ministry of Corporate Affairs (MCA) vide Order dated 17.12.2020 has extended the applicability date of Companies (Auditor’s Report) Order, 2020 for one more year, i.e. for the financial years commencing on or after the 1st April, 2021.
MINISTRY OF CORPORATE AFFAIRS
ORDER
New Delhi, the 17th December, 2020
S.O. 4588(E).— In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following Order further to amend the Companies (Auditor’s Report) Order, 2020, namely:-
- Short title, application and commencement. – (1) This Order may be called the Companies (Auditor’s Report) Second Amendment Order, 2020.
(2) It shall come into force on the date of its publication in the Official Gazette.
2. In the Companies (Auditor’s Report) Order, 2020, in paragraph 2, for the figures, letters and word “1st April, 2020”, the figures, letters and word “1st April, 2021” shall be substituted.
[F. No. 17/45/2015-CL-V Part I]K.V.R. MURTY, Jt. Secy
Note: The principal order was published in the Gazette of India, Extraordinary, Part II, section 3, subsection (ii), vide number S.O. 849(E), dated the 25th February, 2020 and was subsequently amended vide number S.O. 1219 (E), dated the 24th March, 2020.
Source: The eGazette of India
MCA notified the Companies Order (Audit Report) 2020 on February 25, 2020 (CARO 2020).
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