Business Studies, asked by mohitcsmohit7443, 11 months ago

In the case of one – person company, what are the provision of MOA in case of the death of the person or not having the condition of entering into a contract?

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Answered by xtylishnaveed222
0

Answer:

It is a public document according to Section 399 of the Companies Act, 2013. ... In the case of one Person Company (OPC), the memorandum must also state the name of the person who, in the event of the death of the subscriber or his incapacity to contract, will become the member of the company.

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