One person company
Company |
One Person Company:
Definition:
As per Section 2(62), One Person Company' means a company which has only one person as a member.
It is basically a private company with some unique features. As regards the name of a One Person Company, the Act provides that the words "One Person Company" or 'OPC' shall be mentioned in brackets below the name of such Company, wherever its name is printed, affixed or engraved.
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