https://www.taxtmi.com/article/detailed?id=5282 The Companies Act, 2013 creates the One Person Company (OPC), permitting a single Indian natural person to form a private company by subscribing to its memorandum, requiring 'OPC' to appear in the name, allowing a nominated resident Indian as successor with written consent, and restricting formation to natural persons while limiting the number of OPCs per person. OPCs are exempt from annual general meetings, must hold at least one board meeting each half-year with a minimum interval between meetings, file adopted financial statements within the statutory period, and must convert into a private or public company when statutory thresholds are exceeded. en-us Mon, 16 Sep 2013 11:18:01 +0530 Mon, 16 Sep 2013 11:18:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5282 The Companies Act, 2013 creates the One Person Company (OPC), permitting a single Indian natural person to form a private company by subscribing to its memorandum, requiring 'OPC' to appear in the name, allowing a nominated resident Indian as successor with written consent, and restricting formation to natural persons while limiting the number of OPCs per person. OPCs are exempt from annual general meetings, must hold at least one board meeting each half-year with a minimum interval between meetings, file adopted financial statements within the statutory period, and must convert into a private or public company when statutory thresholds are exceeded. Articles Corporate Laws / IBC / SEBI Mon, 16 Sep 2013 11:18:01 +0530 https://www.taxtmi.com/article/detailed?id=5282