valid as on 02/04/2020

Section 2(85) small company
Effective from 01-04-2014

“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;

Substituted vide Companies (Amendment) Act, 2017 dated 03.01.2018 effective from 09.02.2018. To view the notification,Click Here
Substituted by the Companies (Removal of Difficulties) Order, 2015 vide notification no. S.O. 504 (E)dated 13th February 2015. To view the order,Click Here
Substituted vide Companies (Amendment) Act, 2017 dated 03.01.2018 effective from 09.02.2018. To view the notification,Click Here
Substituted vide Companies (Amendment) Act, 2017 dated 03.01.2018 effective from 09.02.2018. To view the notification,Click Here

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)


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