One Person Company (OPC) | Meaning of OPC | One Person Company Meaning | OPC
Вставка
- Опубліковано 3 жов 2024
- Meaning of One Person Company (OPC) -
The Companies Act, 2013 introduced the new concept of One Person Company (OPC). As the name suggests, an OPC is a company established by a single person. A single individual establishes and manages the company. An OPC has all the features of a company, such as perpetual succession, limited liability and a separate legal entity.
Before the enforcement of the Companies Act, 2013, a single person could not establish a company. If an individual wanted to establish his business, he/she could opt only for a sole proprietorship as there had to be a minimum of two directors and two members to establish a company.
In a Private Company, a minimum of 2 Directors and 2 Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 Members. A single person could not incorporate a Company previously.
As per Section 2(62) of the Company’s Act 2013, a company can be formed with just 1 Director and 1 member. The director and member can be the same person. It is a form of a company where the compliance requirements are lesser than that of a private company. Thus, one person company means one individual who may be a resident or NRI can incorporate his/her business that has the features of a company and the benefits of a sole proprietorship.
========================================
🔴 In this video - #padhakulog
Teacher's Name - CS Payal Popli
Topic - Meaning of One Person Company (OPC)
===============================================
🫵🏻 Connect with us-
🗣️Instagram- ...
🗣️Facebook- / padhaku-log-1010913014...
🗣️Mail id- padhakulog14@gmail.com
🗣️Watsapp-9630227777
🗣️Telegram-9630227777
===============================================
❤️About us:
Padhaku Log is a platform specially created for those students who live in remote areas and don’t have access to fancy coaching classes. A channel which wants to bring parity in knowledge level of all.
Didi aap constitution ka video continue kijiye na, exam hai bohut help hoga apka video bohut accha hota hai aur acche se explain karte hai 😊
Thank you for this video
Dear madam
Please explain advantages or importance of cost accounting.
Thanks.
Mam paid up capital kaise collect karega 50 lakh k pls explain this point..
Mam ca walo ka liya plz oneshot lao plz laige to kab time bhao pala hai tho plz mam
Kya nomnee bad me change bhi ho skta hai?
Kya es recent time pr opc create krne pr koi guarantor chahiye hota hai?
Is that one member of a company is the main owner (who starts a company) or his/her other 1 shareholder(member) of the company. Please answer me this
Opc me business or owner alag hote a kya
Yes Yha b separate legal entity apply hota
Hi I am from tech background so i want to ask in which course share market and company laws are taught is it commerce,mba or ca cs?
Both are taught in all the courses