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All About One Person Company in India

ALL ABOUT ONE PERSON COMPANY

What is One Person Company?

The Companies Act, 2013 dictates that any individual who is the sole owner or founder can successfully start a company under “One Person Company” or OPC. According to this Act, only a single entity can function as the shareholder and as the director. Earlier, the Companies Act, 1956 demanded that a private limited company should comprise of at …

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