Such condition shall not define a small company in cases like: a holding company or a subsidiary company; a company registered under Section 8 any company or a corporate body governed by any special Act only a private company can be classified as a small company The status of a small company changes every year.
Letter of Recommendation A letter of recommendation (regarding the nature of business) from an incubator, recognised by the Government of India in the prescribed format provided by the DIPP.
The Government has also directed all the companies who get their supplies from micro and small enterprises to submit a half yearly return to the Ministry of Corporate Affairs ( MCA) if the payment exceeds 45 days from the date of acceptance. 1.
Registered office After incorporating a company, its now time to register for a head office for the firm within 15 days of its incorporation where all the government notices, agendas and other legal documents and communications will be addressed. 6.
In case all the Directors of the Company Resign If all the directors of the company resign at the same time the promoters of the company or in absence of promoters the central government has authority to appoint directors for the company.