Under section 2, definition of small company excludes a holding company or a subsidiary company.
Does that mean none of the subsidiary companies and holding companies can be a small company?
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Small Company definition
Replies (4)
Following cannot be considered as small company
Holding company or
Subsidiary Company or
Section 8 Company or
Company or Body Corporate governed by Special act
Holding company or
Subsidiary Company or
Section 8 Company or
Company or Body Corporate governed by Special act
your view is correct, neither holding company nor subsidiary company od another company can be classified as small company.
OnePerspn Company (OPC Pvt Ltd with Rs 1lakh paid up capital with one member cum only director) can be considered as a small company?
Yes but make sure that member should be natural person who is resident in India only.
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