MCA vide order dated 17.12.2020 has changed the applicability date of Companies (Auditor’s Report) Order, 2020 to the financial years commencing on or after the 1st April, 2021. So, Companies (Auditor’s Report) Order, 2020 (CARO 2020) will be applicable from FY 2021-22. CARO 2016 will continue to be applicable for Financial Year 2020-21.

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:-

1. 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.

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