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one person company

02 August 2019

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 ?

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Shivam RC (Student) (23683 Points)
Replied 03 August 2019

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.

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