At the time of applicability of companies act 2013. what are the mandatory provision for small company like Chhoti Chhoti companies

it depends on the type of company you form. If it is a private comp all the provisions of private comp will apply whereas if its incorporated as a opc, provisions regarding OPC will be applied.

Butif thr pvt comp fall within the limits of a small company many provisions of pvtcomp are extempted.

shipraji can you please share the exemptions avialable to small companies?

Shailvi, the exemptions provided to small companies SC are

1. Company's CS can sign annual returs of the company or incase comp does not havw CS, only one director can sign the returns.

2. SC are not requored to cash flow statement in it s annual return.

3. The SC can hold 2 board meeting in a year, one in each half year but the gap bw two meeting must exceed atleast 90 days.

4. Provisions of rotafion of auditor is not apllicable to SC

ok...thnk u