Environmental Sciences, asked by ashishdamor, 4 months ago

discuss the one person company​

Answers

Answered by Anonymous
42

Companies Act defines a one-person company as a company that has only one person as to its member. ... So, an OPC is effectively a company that has only one shareholder as its member. Such companies are generally created when there is only one founder/promoter for the business

Answered by Aʙʜɪɪ69
4

Explanation:

  • Section 2(62) of Companies Act defines a one-person company as a company that has only one person as to its member. ... So, an OPC is effectively a company that has only one shareholder as its member. Such companies are generally created when there is only one founder/promoter for the business.
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