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MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th September, 2022 G.S.R. 700(E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Specification of Definition Details) Rules, 2014, namely:- 1. Short title and commencement.- (1) These rules may be called Companies (Specification of definition details) Amendment Rules
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FAQ :
The paid-up capital for a small company shall not exceed four crore rupees, and its turnover shall not exceed forty crore rupees.
These amendments came into force from the date of their publication in the Official Gazette.
The Companies (Specification of Definition Details) Rules, 2014 have been amended.
The amendments relate to sub-clause (i) and sub-clause (ii) of clause (85) of section 2 of the Companies Act, 2013.
The notification was issued by the Ministry of Corporate Affairs (MCA) through the Central Government.
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