Prince JasujaPrince Jasuja asked 2 years ago

sir in clause no.8 the word REPAYMENT is used for loans or borrowings and the word DUES is used for deb holder that means default in principle and interest is need to comment or only principle payment for deb holder?

1 Answers
RaviRavi Staff answered 2 years ago

In CARO clause 8
Default in repayment of principle should be  reported for loans taken from banks, fi , govt as word repayment is used 
And default in dues (int or principle) should be reported for debenture holders as word dues is used

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