Which of the following is excluded from the definition of small company under the Companies Act, 2013?
The proviso to s.2(85) excludes a holding or subsidiary company from being treated as a small company, unlike a private company, One Person Company, or an ordinarily…
Choose your answer
Which of the following is excluded from the definition of small company under the Companies Act, 2013?
Answer and explanation
Correct answer C
The proviso to s.2(85) excludes a holding or subsidiary company from being treated as a small company, unlike a private company, One Person Company, or an ordinarily registered company, which can qualify if within the limits.
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