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Small company as per Company Act., Corporate Laws / SEBI / LLP

Issue Id: - 115717
Dated: 28-11-2019
Small company as per Company Act.

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We have paid up capital ₹ 30.00 Lakhs and Turnover in last financial year is 25-00 crore, whether we will be small company as per section 2(85) of company Act.

please explain in details with any amendment in law.

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1 Dated: 14-2-2020

As per the definition if the turnover is more than ₹ 2 crores, a company will not fall under small company u/s 2(85).


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