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One person company in companies bill 2012

By: Material type: Mixed materialsMixed materialsPublication details: 2013Description: 65-68Subject(s): NLM classification:
  • 346.54066
In: CHARTERED ACCOUNTANTMSummary: The game changing Companies Bill 2012 ('Bill') which was passed by the Lok Sabha in December 2012, viewed holistically, is a mixed bouquet of proposals. Whilst it incorporates creditable efforts towards streamlining existing provisions and weeding out obsolete provisions, it also introduces a few interesting new age concepts. One such concepts which is presented in this article is that of One Person Company ('OPC'). Captured all in the name, it relates to corporate entity which has just one shareholder.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 61/11 Available P14846

The game changing Companies Bill 2012 ('Bill') which was passed by the Lok Sabha in December 2012, viewed holistically, is a mixed bouquet of proposals. Whilst it incorporates creditable efforts towards streamlining existing provisions and weeding out obsolete provisions, it also introduces a few interesting new age concepts. One such concepts which is presented in this article is that of One Person Company ('OPC'). Captured all in the name, it relates to corporate entity which has just one shareholder.

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