not submitted cash flow statement

as per section 2(85) of companies act , a small company is defined based on two criterias. one is turnover limit as per profit & Loss account. or

2. Paid-up- capital of the company. if any of the criteria is met it will fall under the definition of small company.

Small companies need not have to prepare Cash Flow statements.

definition of small company is as below:

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;