One Person Companies

Know your Company: One Person Companies (OPCs)
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Know your Company: One Person Companies (OPCs)

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Know your Company: One Person Companies (OPCs)

‘Two is company’, a popular saying is no longer appropriate, after the enactment of the Companies Act, 2013, at least in the business world. With the introduction of One Person Companies (OPCs) any one individual can, on their own, form a company. In a short period of one year, 1400 OPCs have been incorporated [...]

By Eti Basaniwal| 2017-04-13T05:41:21+00:00 April 12th, 2016|Uncategorized|0 Comments

One Person Companies: Speed without effective brakes?
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One Person Companies: Speed without effective brakes?

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One Person Companies: Speed without effective brakes?

The introduction of One Person Companies in the Companies Act, 2013 eyes fast economic gains; however, as Shankar Jaganathan points out, it also calls for a more considered approach and provision of safeguards to protect the smaller creditors and employees. A new concept of ‘One Person Company’ has been introduced in India for the [...]

By Eti Basaniwal| 2017-04-14T11:18:11+00:00 July 12th, 2015|Uncategorized|0 Comments