03 May 2024
To qualify the Company as a Small Company, is it necessary to fulfill both the paid-up capital and turnover criteria, or is it sufficient to meet just one of them? Kindly clarify.
03 May 2024
Is dematerialsation of shares mandatory for a private limited company with the paid up capital more than Rs. 4 Crores but the turnover is less than Rs.40 Crores? Kindly Clarify
03 May 2024
this article may be of help for comprehensive understanding of the issue: https://www.equitylist.co/blog-post/dematerialisation-of-shares-by-private-companies-mcas-rule-9b#:~:text=Rule%209B%20dictates%20that%20companies,process%20is%20September%2030th%2C%202024.
CAclubindia
