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Small Company as per Companies Act 2013

CS Yogesh Hegde

12 Feb, 2021

2

Small Company as per Companies Act, 2013

Small Company as per Companies Act 2013

New Definition of Small Company as per Companies Act, 2013

"Small Company" means a company, other than a public company, whose

(i) paid-up share capital of which does not exceed two crore rupees, and

(ii) turnover of which as per profit and loss account for the immediately preceding financial year does not exceed twenty crore rupees

Earlier definition of Small Company as per Companies Act, 2013

"Small Company" means a company, other than a public company, whose

(i) paid-up share capital of which does not exceed fifty lakh rupees

(ii) turnover of which as per profit and loss account for the immediately preceding financial year does not exceed two crore rupees

CS Yogesh Hegde

CS Yogesh Hegde

As a part-time company law consultant, I offer guidance on corporate governance, compliance, and legal strategy. With a deep understanding of company law, I assist organizations in navigating legal complexities, drafting contracts, ensuring compliance, and resolving disputes. I am dedicated to helping businesses thrive while mitigating legal risks. Regards, CS Yogesh Hegde Kalyan | Mumbai

megha jain October 17, 2022 at 3:25 PM

Thanks for providing useful blog
Upcoming IPO
- Yogesh Hegde & Co. November 26, 2022 at 4:10 PM
  
  Welcome...
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