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one person company

ravi dhaker

what is the minimum capital requirement for the formation of one person company?

can any send me the link for the details for new companies act 2013.

Minimum capital requirement for one person company: statutory definition prescribes a fixed minimum share capital under Companies Act. The statutory definition for formation of a One Person Company under the Companies Act, 2013 prescribes a minimum share capital; section 2(68) specifies that the minimum share capital for constituting an OPC is Rs. one lac, and this threshold is the operative compliance requirement for incorporation. (AI Summary)
Corporate Laws / SEBI / LLP
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Surender Gupta on Oct 2, 2013

You may read the following articles for more details:

ONE PERSON COMPANY

and

ONE PERSON COMPANY TO BE REALITY SOON

As per section 2(68) minimum share capital is Rs. one lacs

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