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.

[Surender Gupta]

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

AI Summary

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.