Monday, 10 February 2014

One Person Company under Companies Act 2013

One Person Company under Companies Act 2013

 One Individual Company (OPC) is a new idea introduced the first time in India under Companies Act, 2013. According to this concept a single person can start a company. In Existing concept two person was required to start a business or company. For start-up ventures, propriety businesses OPC is best suited. The Companies Act, 2013 provides liberal regulatory framework for an OPC to encourage sole-proprietors to corporatize their business.

Author of the One Person Company under Companies Act 2013 Book is Legal Imperialsand it is published by CCH India.

The topics covered in it:
  1.     Comprehensive coverage of various issues related to Pre and Post incorporation
  2.     Discussion of concepts pertaining to directors, their appointment, resignation
  3.     Thorough analysis of various topics viz. accounts and audit, management and administration
  4.     Extensive coverage of regulatory framework provided under the Companies Act '13


One Person Company under Companies Act 2013
One Person Company under Companies Act 2013
What are the requirements to start a company business?
How to register a company in India?
Small Business Ideas and much more will be shared in this blog Later.

Here we are explaining that yes its possible to start a company with having only a single member. Under companies act 2013 it is now feasible to start a company having only one person as a member. It provides liberal regulatory framework for an OPC to encourage sole-proprietors to corporatize their business.

Other Legal books are also available for businesses.  You can buy online at Meripustak.com. Great deals and low price is offered.

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