Question

explain the special provisions regarding the formation of a one person company​

Answer 1

Answer:

Privileges of One Person Companies

They do not have to hold annual general meetings. Their financial statements need not include cash flow statements. A company secretary is not required to sign annual returns; directors can also do so. Provisions relating to independent directors do not apply to them.

Answer 2

Answer:

I hope this will help you

Explanation:

Privileges of One Person Companies

They do not have to hold annual general meetings. Their financial statements need not include cash flow statements. A company secretary is not required to sign annual returns; directors can also do so. Provisions relating to independent directors do not apply to them.