One person company

OPC pvt ltd. one founder person (with PAN/AADHAR) is the sole share holder, sole director, quorum only one any director for any resolution.

But You must provide with accepatance letter from  another person( can be spuse/kid or any one) (with PAN+AADHAR ) that he/she will undertake the liability if the OPC person dies or become in capaciated.

If you dont file returns etc & the fines go up & if the OPC person disappears , one who signed the succession letter willbe responsible