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Member of OPC,

Others 178 views 2 replies
1)A natural person shall not be a member of more than a OPC and the said person shall not be a nominee of more than a OPC.

2)Where a natural person being member in OPC becomes member in another such company by virtue of his being a nominee in that OPC, such person shall meet the eligibility criteria,

my doubt is in first point a natural person can't be member of more than a OPC and in second point contravarcy of first point please clear me,
Replies (2)
Yes...as per first point it's correct as per the provisions

But if a natural person is already a member of an OPC and such person becomes a Member by virtue of being Nominee in another OPC...in such case such person should decide in which OPC he shall continue as a member by filing a form...within 30 days from the date of becoming eligible to be a member of another OPC...thus one person cannot be a member of two OPC's...
Hope it clears
thank you sir,


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