OPC Company
This query is : Resolved
30 June 2016
Is there any clause that director of OPC company cannot become the director of any other company?
30 June 2016
nO THERE IS NO SUCH CLAUSE
30 June 2016
and there is such clause that director of OPC Company cannot have more than one OPC?
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 )
NO PERSON SHALL INCORPORATE MORE THAN 1 OPC OR BECOME NOMINEE OF MORE THAN 1 OPC. ( REFER RULE 3 OF COMPANIES INCORPORATION RULES )
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