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One person company research paper


Implications of The Companies Act, 2013 – One Person Company This research paper is an attempt to examine the new form of company which has been mentioned in The Companies Act 2013 which is “One Person Company”. This research paper seeks to educate readers about the One Person Company concept. It... more by Harish Raman 4 If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday. Submit a Paper This paper gives a basic knowledge about OPC and helps in understanding its concept. It dwells comprehensively upon the concept of OPC, from its inception as philanthropy till its journey to a... During the financial year 2014-15 (up to ), a total of 1,403 One Person companies were registered with collective authorized capital of R 31.13 crore.27 CONCLUSION The concept of one person company is expected to give big impetus to Corporatization in the country. One Person Company is defined in Sub- Section 62 of Section 2 of The Companies Act, 2013, which reads as follows: 'One Person Company means a company which has only one member' One of the primary reasons for introducing OPC is to provide individuals the benefits of incorporation while functioning a like a sole proprietorship.


one man company - Law Times Journal one man company - Law Times Journal one man company - Law Times Journal one man company - Law Times Journal Read Paper One Person Company is defined in Sub- Section 62 of Section 2 of The Companies Act, 2013, which reads as follows: 'One Person Company means a company which has only one member' It shall also be important to note that Section 3 classifies OPC as a Private Company for all the legal purposes with only one member. Company bill 2011 defines one person company means a company which has only one person as member.1 A company may be formed for a lawful purpose by one person, where the company to be formed is to one Person Company that is to say, a private company. 2 The person forming the company has to give the following information a. One Person Company: A Critical Analysis,IJAR - Indian Journal of Applied Research(IJAR) IJAR is a double reviewed monthly print journal that accepts research works. 36572+ Manuscript submission, 9855+ Research Paper Published, 100+ Articles from over 100 Countries. Volume : V, Issue : VI, June - 2015 The research paper is based on the information collected from various secondary sources, Articles, websites, Journals, Data available online, various books, Company Bare Act 2013. 3. Process of Incorporation of One Person Company (OPC) Obtain Digital Signature Certificate [DSC] for the proposed Director(s). According to a research paper drafted by Nishith Desai Associates on the New Companies Bill stated that “a one person company is a paradigm shift in the Indian corporate regime, bringing it at par with global standards”. [4] IMPORTANT GUIDELINES UNDER THE FORMATION OF ONE PERSON COMPANY


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One person company research paper

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