Small company

Section. 2(85) ‘‘small company’’ means a Pvt Ltd company,—

(i) paid-up share capital up to fifty lakh and

(ii) turnover of which as per its last profit and loss account is up to two crore rupees.


But following companies can't be small company.

(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;
(d) Public company.