Dear Sir / Ma'am,
As per MCA notification , reporting on IFC u/s 143(3)(i) is not applicable to
Private companies with turnover less than 50 Crore OR
Private Companies aggregate borrowings less than 25 Crore
What if T/O less than 50 Crore but borrowing more than 25 cr?
What if T/O More than 50 Crore but borrowing less than 25 cr?
Thanks & regards
Bipin