One person company
This query is : Resolved
16 December 2014
Dear Experts
It's possible to convert OPC into Ltd. or Pvt Ltd. Company.
17 December 2014
Yes. In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover exceeds during the relevant period exceeds two crore rupees, then the OPC has to mandatorily convert into private or public company.
Form INC-6 shall be filed by an OPC for conversion of an OPC into private or public company.
Form INC-6 shall be filed by an OPC for conversion of an OPC into private or public company.
17 December 2014
https://www.mca.gov.in/MinistryV2/OPCfaq.html
Check out the FAQ on OPC from above link of MCA Website.
Check out the FAQ on OPC from above link of MCA Website.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- 44AD VS 44AB AUDIT
- Correction in TDS return New Traces Portal
- Query Regarding Refund Adjustment Against Outstanding Demand
- Computation of Dividend
- TDS Return processing
- TDS on land property purchase Form-141 related query
- TDS NOT YET CREDIED
- Itr processing delay
- GST APPLICABILITY TO DIAGNOSTIC
- Clarification on GST Applicable for Training Hall Rent Invoice
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
