Section 5: Class of Companies

Q: What does Section 5 of The Companies (Audit and Auditors) Rules, 2014 (TCAAR) deal with?

Section 5 TCAAR pertains to "Class of Companies". It is part of the The Companies (Audit and Auditors) Rules, 2014, a legislation enacted by the Parliament of India. Section 5 of The Companies (Audit and Auditors) Rules, 2014 (TCAAR) governs class of Companies. As verified on 19 May 2026.

Q: Is Section 5 TCAAR still in force?

Yes, Section 5 of the The Companies (Audit and Auditors) Rules, 2014 is currently in force across the Republic of India.

Q: What is धारा 5 TCAAR?

धारा 5 TCAAR is the Devanagari Hindi reference for Section 5 of the The Companies (Audit and Auditors) Rules, 2014. Section 5 of The Companies (Audit and Auditors) Rules, 2014 (TCAAR) governs class of Companies. As verified on 19 May 2026.

Q: What is Dhara 5 TCAAR?

Dhara 5 TCAAR is the Roman Hindi reference for Section 5 of the The Companies (Audit and Auditors) Rules, 2014. "Dhara" means "Section" in Hindi. Section 5 of The Companies (Audit and Auditors) Rules, 2014 (TCAAR) governs class of Companies. As verified on 19 May 2026.

Q: How to cite Section 5 of The Companies (Audit and Auditors) Rules, 2014?

Cite as: "Section 5, The Companies (Audit and Auditors) Rules, 2014 (TCAAR)" in legal briefs. For academic writing, use the BlueBook format: The Companies (Audit and Auditors) Rules, 2014, § 5 (India).

Law on Tips Editorial Board

- For the purposes of sub-section (2) of section 139, the class of companies shall mean the following classes of companies excluding one person companies and small companies:-

(a) all unlisted public companies having paid up share capital of rupees ten crore or more;

(b) all private limited companies having paid up share capital of rupees [fifty] [Substituted 'twenty' by Notification No. G.S.R. 621(E), dated 22.6.2017 (w.e.f. 31.3.2014).] crore or more;

(c) all companies having paid up share capital of below threshold limit mentioned in (a) and (b) above, but having public borrowings from financial institutions, banks or public deposits of rupees fifty crores or more.