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Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC. "Resident in India" means a person who has stayed in India for a period of not less than one hundred and eighty two days during the immediately preceding one financial year.

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A person can be a member in how many OPCs?

A person can be member in only one OPC.


Is there any form that is to be filed for conversion of an OPC into private or public company Is there any other purpose for filing this form?

Form INC-6 shall be filed by an OPC for conversion of an OPC into private or public company. Yes, the private company will also file form INC-6 for converting itself into an OPC. The paid up share capital of private company should not be exceeding fifty lakh rupees and should not have average annual turnover more than two crore rupees at the time of such conversion into OPC. The company shall be having one member and shall appoint one nominee to act as member in case of death or incapacity of the member at the time of conversion into OPC.


How do you inform RoC about change in membership of OPC?

The company shall file form INC-4 in case of cessation of member of OPC on account of death, incapacity to contract or change in ownership. In the same form, user needs to provide details of the new member of the OPC. Thanks & Regards Venture Care Team ask@venture-care.com


What are the requirements to be a Director or Nominee in a OPC?

Only a natural person who is an Indian citizen and a resident in India is eligible to incorporate a One Person Company or be a nominee member. The Director or Nominee must also be over 18 years of age. A person can incorporate up to five One Person Companies.


Does opc- dart mean on a bank statement?

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OPC DA will access the real time value from control system. OPC HDA will access the real time value of historian processed. Hence the historian will save the value in their database as well as it feed to OPC server also.


Should Nigeria be in the EU?

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