One person company A dynamic form of business

By:

NARASIMHAN, V R

Material type:

Mixed materialsPublication details: 2013Description: 660-663Subject(s):

COMPANY LAW

NLM classification:

346.54066

In: CHARTERED SECRETARYMSummary: The companies bill 2012 has introduced One Person Company (OPC), a dynamic form of business. OPC is a useful legal innovation. OPC structure can be used for a simple single person entrepise to a gigantic enterprise depending on how promoters visualize its utilization. The legal around the OPC is very interesting. One Person Company means a company which has only one person as a member. Other than the number of members, OPC is like any other company under the Companies Act.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		43/6	Available		P14899

The companies bill 2012 has introduced One Person Company (OPC), a dynamic form of business. OPC is a useful legal innovation. OPC structure can be used for a simple single person entrepise to a gigantic enterprise depending on how promoters visualize its utilization. The legal around the OPC is very interesting. One Person Company means a company which has only one person as a member. Other than the number of members, OPC is like any other company under the Companies Act.

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