Company Law : The procedure for conversion of a One Person Company (OPC) into a Private Limited Company is governed by Section 18 of the Compani...
Company Law : The One Person Company structure offers separate legal identity and limited liability under the Companies Act, 2013. It allows sin...
Company Law : One Person Company (OPC) compliance guide: Though exempt from AGM, the AOC-4 deadline is 180 days from FY end (Sept 27th). MGT-7A ...
Company Law : Know the 2025 compliance schedule for One Person Companies, including filing deadlines, annual returns, director KYC, penalties, a...
Company Law : Explore the legal and financial distinctions between a Sole Proprietorship and a One Person Company (OPC), including liability, ta...
Company Law : Learn the step-by-step procedures and find answers to frequently asked questions about incorporating and converting a One Person C...
Company Law : During the current year (from 01.01.2021 to 10.12.2021) total 9781 number of One Person Companies (OPCs) were registered under the...
Company Law : It is requested extend the timelines for annual filing of OPCs upto 31st December, 2020. This will ease the difficulties faced by ...
Income Tax : The Finance Act, 2016 introduced a tax rate of 29% of total income to (domestic) company assessees provided its total turnover or...
Company Law : One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new vistas of business opport...
Corporate Law : Bombay High Court sets aside personal liability for One Person Company director in arbitration, upholding asset deposit by the com...
Company Law : (1) These rules may be called the Companies (Management and Administration) Amendment Rules, 2021. (2) They shall come into forc...
Company Law : MCA amends One Person Companies (OPCs) rules vide Companies (Incorporation) Second Amendment Rules, 2021 MCA amends rules 6 relate...
A man is known by the company he keeps. But with the implementation of the Companies Bill 2009, a single person will constitute a Company, under the One Person Company (OPC) concept.As a structure for professionals, individual entrepreneurs, SMES and NGOs – the proposed Section 171 extends to Section 25 Companies as well – this is a godsend, as it insulates the shareholders personal assets from liability. But one wonders whether this Bill is the right platform or the timing is opportune. There have been too many writings on the Bill and its various dimensions. It is a critical piece of reform, which will be resisted and opposed by many.
