Clarification on definition of small company

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kamlesh gupta

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Aug 28, 2021, 7:43:51 AM8/28/21
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Dear Members

in case a private company having the paid up share capital of Rs. 4 crore and turnover is nil, but the company is having an associate company.  pls clarify in this case the company is a small company or not and the applicability of form MGT 7 or MGT 7A.

because in this case , i tried both the forms and both are prefilled without any error.

thanks

sagar mulchandani

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Aug 31, 2021, 12:04:08 PM8/31/21
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As per my opinion form 7A would be applicable,

As per new definition company considered as small company.

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Rajesh

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Oct 5, 2021, 4:39:39 AM10/5/21
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