Nomination in One Person Company requires prior consent, successor membership on death/incapacity, and Registrar filings. Nomination in a One Person Company requires the subscriber's prior written consent from the nominee and recording of the nominee in the memorandum and in ... Summary
Nomination in One Person Company requires prior consent, successor membership on death/incapacity, and Registrar filings.
Nomination in a One Person Company requires the subscriber's prior written consent from the nominee and recording of the nominee in the memorandum and in Form No. INC-32 (SPICe+) at incorporation. If a nominee withdraws, the sole member must nominate another person within fifteen days and the company must file the withdrawal and new nomination with the Registrar in Form No. INC-4, with the nominee's declaration and prescribed fee within thirty days. Successor members who assume membership must themselves nominate a successor and ensure the company files the required intimation and declaration in Form No. INC-4 within thirty days.
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