“small company” means a company, other than a public company,—

(i) paid-up share capital of which does not exceed fifty lakh rupees or such higher amount as may be prescribed which shall not be more than   five crore rupees; or 

(ii) turnover of which   as per its last profit and loss account does not exceed two crore rupees or such higher amount as may be prescribed which shall not be more than  twenty crore rupees:

Provided that nothing in this clause shall apply to—

(A) a holding company or a subsidiary company;

(B) a company registered under section 8; or

(C) a company or body corporate governed by any special Act;

Companies (Removal of Difficulties) Order, 2015 [S.O. 504 (E)] dated 13/02/2015

Commencement Notification dated 09.02.2018

Enforcement Notification S.O. 902(E) dated 26/03/2014

The Companies (Amendment) Act, 2017 (Effective from 03.01.2018)