English, asked by sonawanesavita657, 5 months ago


State any two features of a One Person company ​

Answers

Answered by Zahirrrrrr
1

✓ Private company: Section 3(1)(c) of the Companies Act says that a single person can form a company for any lawful purpose. It further describes OPCs as private companies.

✓ Single-member: OPCs can have only one member or shareholder, unlike other private companies.

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