What do you understand by One Man Company?
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Because members of a company are recognized as the company's shareholders or the subscribers to its Memorandum of Association, One Person Company (OPC) is functionally a company with only one shareholder as its member. OPCs are usually formed when the business has just one founder or promoter.
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Because members of a company are recognized as the company's shareholders or the subscribers to its Memorandum of Association, One Person Company (OPC) is functionally a company with only one shareholder as its member. OPCs are usually formed when the business has just one founder or promoter.
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