Menu
one person company
is there is any chance that a person can become a member in one person company and also become a nominee in another one person company ?
Replies (1)
Yes the member of ONE PERSON COMPANY can also become the Nominee of another One Person Company.
A natural person shall not be a member of more than one OPC at any point and the said person shall not be a Nominee of more than one OPC.
But where a natural person being members 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 within a period of "182 days".
He can become Member of any 1 ONE PERSON COMPANY. For this, he has been given 182 days time to choose between two of them.
Warm Regards.
A natural person shall not be a member of more than one OPC at any point and the said person shall not be a Nominee of more than one OPC.
But where a natural person being members 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 within a period of "182 days".
He can become Member of any 1 ONE PERSON COMPANY. For this, he has been given 182 days time to choose between two of them.
Warm Regards.
Recent Topic
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
Related Topics
CAclubindia
