A One-Person Company is a type of business with only one or a single owner, as its name suggests. Despite the possibility of multiple Directors. According to section 2(62) of the Companies Act of 2013, a “one-person company” is one in which there is only one member. As OPC Limited, a one-person company (OPC) can …
The Companies Act of 2013 completely rewrote Indian corporate law by introducing several novel ideas that had never used before. The introduction of the One Person Company concept was one such game-changer. As a result, a brand-new method for starting a company emerged that combined the flexibility of a company entity with the protection of …
