Question

The new concept of One Person Company (OPC) introduced by the Companies Act, 2013 provides that OPC should be registered as a _____________ type of company

A Small company Correct Answer Incorrect Answer
B Public company Correct Answer Incorrect Answer
C Private company Correct Answer Incorrect Answer
D Government company Correct Answer Incorrect Answer

Solution

Explanation: Section 2(62) One Person Company: “One Person Company” means a company which has only one person as a member. OPC is classified as a type of private limited company under the Companies Act, 2013.

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