Can a person be a member of more than one OPC?

Can a person be a member of more than one OPC? No, As per the Companies Act 2013, a person can only be a member of one Person Company (OPC) at a time. A person cannot be a member of…

MCA Form INC-6 – One Person Company – Application for Conversion

MCA Form INC-6 - One Person Company - Application for Conversion The Ministry of Corporate Affairs has introduced a simplified process for converting a company into a Person Company (OPC). This process is facilitated by filing MCA Form INC-6, which…

Companies (Incorporation) 2nd Amendment Rules 2021

Companies (Incorporation) 2nd Amendment Rules 2021 The Ministry of Corporate Affair (MCA) has notified the Companies (Incorporation) 2nd Amendment Rules, 2021 to further amend the Companies (Incorporation) Rules, 2014. With this notification, MCA amends the provision related to the conversion…

Is One Person Company Right For You?

Is One Person Company Right For You? In today's dynamic business landscape, entrepreneurs and aspiring business owners often face the decision to choose the right business structure for their ventures. Among the various options available, the concept of a One…