Description

One Person Company (OPC) is a new concept introduced for the first time in India under Companies Act, 2013. With the introduction of this concept, it is now feasible to start a company having only one person as a member.  It is a considerable shift from existing concept where at least two persons were required to incorporate a company. OPC is best suited for start-up ventures, propriety businesses etc. since it offers a business platform which allows absolute control over all business affairs with limited liability.The Companies Act, 2013 provides liberal regulatory framework for an OPC to encourage sole-proprietors to corporatize their business.


Key Features:-

  • Comprehensive coverage of various issues related to Pre and Post incorporation
  • Discussion of concepts pertaining to directors, their appointment, resignation
  • Thorough analysis of various topics viz. accounts and audit, management and administration 
  • Extensive coverage of regulatory framework provided under the Companies Act '13

More Details about One Person Company under Companies Act 2013

General Information  
Author(s)Legal Imperials
PublisherCCH India
ISBN9789351291121
Pages428
BindingSoftbound
LanguageEnglish
Publish YearNovember 2013