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Question

Which of the following statements correctly describes the concept of 'One Person Company' (OP

C under the Companies Act, 2013?

A An OPC must have at least two directors.

B An OPC can only be incorporated as a public company.

C An OPC requires at least two shareholders.

D An OPC is a company with only one member and can be converted into a private or public company.

E An OPC can raise capital from the public through shares.

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