01 July 2016
nO THERE IS NO SUCH CLAUSE. bUT THERE IS THE CLAUSE THAT ONLY A NATURAL PERSON WHO IS AN INDIAN CITIZEN SHALL ELIGIBLE TO INCORPORATE A OPC AND CAN BECOME NOMINEE OF OPC AND SUCH A PERSON CAN BE BOTH MEMBER AS WELL AS DIRECTOR. NO PERSON SHALL INCORPORATE MORE THAN 1 OPC OR BECOME NOMINEE OF MORE THAN 1 OPC. ( REFER RULE 3 OF COMPANIES INCORPORATION RULES )
CAclubindia
