https://www.taxtmi.com/acts?id=15438 Companies may be formed for lawful purposes by specified minimum subscribers-seven for public, two for private, and one for a One Person Company-by subscribing to a memorandum and complying with registration requirements. A One Person Company's memorandum must name a nominated person with prior written consent to become member on the subscriber's death, and that consent must be filed with the Registrar; the nominee may withdraw consent and the member may change the nominee by prescribed notice, with company and Registrar notification duties. Formation may result in a company limited by shares, limited by guarantee, or unlimited. en-us Mon, 19 Dec 2011 13:00:13 +0530 Mon, 19 Dec 2011 13:00:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15438 Companies may be formed for lawful purposes by specified minimum subscribers-seven for public, two for private, and one for a One Person Company-by subscribing to a memorandum and complying with registration requirements. A One Person Company's memorandum must name a nominated person with prior written consent to become member on the subscriber's death, and that consent must be filed with the Registrar; the nominee may withdraw consent and the member may change the nominee by prescribed notice, with company and Registrar notification duties. Formation may result in a company limited by shares, limited by guarantee, or unlimited. Act-Rules Bills Mon, 19 Dec 2011 13:00:13 +0530 https://www.taxtmi.com/acts?id=15438