one person company

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a person can incorporate only one person company at any point of time and that said person cannot be nominee of more than one opc???

please explain this!!

thanku for in advance
Replies (1)

A person can become promoter or nominee in only one OPC at given point in time. If the person becomes promoter/nominee in more than one OPC, within 6 months he has to decide the OPC that he wants to be part of and withdraw his membership/ nomination from the other Company

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