IndiaFilings Tags
Post by: Renu Suresh in Business Startup Registration
Small Company Definition in India The Ministry of Corporate Affairs (MCA), on September 15th, 2022, introduced the Companies (Specification of Definitions Details) Amendment Rules, 2022, revising the Small Company definition. A Small Company is now classified as a non-public entity…
Post by: poonamgandhi in Company Compliance2 MCA
Definition of a Small Company The Finance Minister of India proposed a revision of the definition of a small company, as covered under section 2(85) of the Companies Act, 2013 while presenting the Union Budget 2021. The basic purpose behind…
Post by: IndiaFilings in Business Startup Private Limited Company
Small Company as per Companies Act, 2013 The concept of a small company was introduced in Companies Act 2013 to provide certain advantages for small businesses operating as a private limited company. Small businesses are the backbone of any economy…