As per the Companies Act, 2013, a company qualifies as a "Small Company" based on which of the following criteria?
1
Paid-up share capital of not more than Rs. 50 lakh
2
Paid-up share capital of not more than Rs. 4 crore
3
Annual turnover of not more than Rs. 40 crore
4
Options 1 and 3
5
Options 2 and 3