One Person Company
Lead author · Corresponding
Darshika Mall
Student at Amity Law School, Lucknow, India
Co-author
Shreyanshi Kumari Khushi
Student at Amity Law School, Lucknow, India
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DOIhttps://doij.org/10.10000/IJLMH.114544
Abstract
A company can be established with The Company's Act of 2013 introduced the novel idea of a one-person company in India. In India, a single individual forms a one-person company. A single person was unable to start a business prior to the Companies Act of 2013. An OPC combines the advantages of a sole proprietorship with those of a company. Previously, if a person had to start a business, they could only choose a sole proprietorship.
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