Statutory Meaning & Definition
A company other than a public company whose paid-up capital does not exceed ₹4 crore and turnover does not exceed ₹40 crore under Section 2(85) of Companies Act 2013. Small companies enjoy various relaxations in compliance requirements.
Frequently Asked Questions (FAQs)
What is Small Company in Indian corporate law?
A company other than a public company whose paid-up capital does not exceed ₹4 crore and turnover does not exceed ₹40 crore under Section 2(85) of Companies Act 2013. Small companies enjoy various relaxations in compliance requirements.
Why is Small Company important for compliance?
Small Company is governed by the Ministry of Corporate Affairs under the Companies Act, 2013. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
Who should know about Small Company?
Small Company is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with MCA regulatory matters in India.
Contextual Analysis & Regulatory Circulars
Recent analysis and regulatory updates related to MCA:
MGT-7 & MGT-7A Due Date FY 2025-26: Extended to 31 Jan 2027, Form Rules, Fees & MCA V3 Help Kit
Published: 16 September 2026
Corporate Laws (Amendment) Bill, 2026 — Complete Analysis of Companies Act & LLP Changes
Published: 5 May 2026
MCA Overseas Listing Amendment Rules 2026 (G.S.R. 968(E)): Equity Instruments, IFSC Companies and the 75% QIB Route
Published: 5 November 2026
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