answersLogoWhite

0

A person can be member in only one OPC.

User Avatar

Wiki User

8y ago

What else can I help you with?

Related Questions

What is One Person Company Registration in India?

Before the enactment of the Companies Act of 2013, the formation of a company in India necessitated at least two individuals. However, with the advent of this legislation, there’s a notable shift towards promoting One Person Companies (OPCs). The Companies Act of 2013 specifically facilitates the creation and operation of OPCs in India, allowing a single individual to spearhead such entities. While traditional private companies mandate a minimum of two directors and two members, a One Person Company is a departure from this norm, as it can be formed by a single person. The legal framework supporting OPCs in India is outlined in Section 262 of the Companies Act of 2013. The OPC Registration process requires the representation of the entire company by a lone director and a single member. Noteworthy is the streamlined compliance structure associated with OPCs, which imposes fewer responsibilities compared to traditional private companies. This legal provision offers a simplified avenue for individuals looking to establish and operate companies independently in India.


What is an OPC?

Before the enactment of the Companies Act of 2013, the formation of a company in India necessitated at least two individuals. However, with the advent of this legislation, there’s a notable shift towards promoting One Person Companies (OPCs). The Companies Act of 2013 specifically facilitates the creation and operation of OPCs in India, allowing a single individual to spearhead such entities. While traditional private companies mandate a minimum of two directors and two members, a One Person Company is a departure from this norm, as it can be formed by a single person. The legal framework supporting OPCs in India is outlined in Section 262 of the Companies Act of 2013. The OPC Registration process requires the representation of the entire company by a lone director and a single member. Noteworthy is the streamlined compliance structure associated with OPCs, which imposes fewer responsibilities compared to traditional private companies. This legal provision offers a simplified avenue for individuals looking to establish and operate companies independently in India.


What is the OPCS code for surgical removal of prepatellar bursa?

The OPCS code for the surgical removal of the prepatellar bursa is K37. This code falls under the category for procedures involving the knee joint, specifically addressing excision or removal of bursae. It's important to consult the most recent OPCS coding guidelines for any updates or changes.


Which of the following categories covers cardholders to A BOS and cardholders to A OPCs?

Span of Control


What research has been done on pine bark extract?

Researchers have termed the group of antioxidants found in pine bark extract oligomeric proanthocyanidins, or OPCs for short. OPCs (also referred to as PCOs) are some of the most powerful antioxidants available.


How many people are required to incorporate a One Person Company?

To incorporate a One Person Company, a Director and a nominee is required. A nominee member is one, who shall, in the event of promoter member's death or incapacitation become a member of the Company.


What do you call a person who is a member of a local council?

A council member


How does a person become a member of house of representatives Trinidad?

how a person become a member of the house of represtative


How do you be a person on stardoll?

You can't be a person on stardoll but you can be a member. To be a member- go to the homepage and sign up! :)


What do the stripes underneath the member sign mean on club penguin?

Every stripe symbolizes how many times someone has renewed their membership. If there are four stripes underneath,that means the person has been a member 4-5 times. If there are stripes and a star,that means that the person has been a member 5-10 times.


Why does mr. calloway keep a white person as a member of the band?

It is there life. If they don't, they wouldn't be able to be invited to many good places. And many people wouldn't want to see the band if there wasn't a white member.


What Part of speech is the word member?

Member is a noun because it is a person.