Business Studies, asked by jayanth4627, 2 months ago

give the meaning of one person company​

Answers

Answered by ambitiousgirl049
1

one person company refers to that in there is only one boss

Answered by meow261
21

Answer:

\huge{ \underline{ \mathtt{ \red{ ☆A} \pink{N} \green{S} \blue{W} \purple{E} \orange{R}}}}

Explanation:

One Person Company means a company which has only one member' It shall also be important to note that Section 3 classifies OPC as a Private Company for all the legal purposes with only one member. All the provisions related to the private company are applicable to an OPC, unless otherwise expressly excluded.

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