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    Question

    Which of the following is a new type of company which

    was introduced by the Companies Act, 2013?
    A One Personality Company Correct Answer Incorrect Answer
    B One Person Company Correct Answer Incorrect Answer
    C Limited Liability Partnership Correct Answer Incorrect Answer
    D Public Private Partnership Correct Answer Incorrect Answer
    E One-man Public Private Company Correct Answer Incorrect Answer

    Solution

    One person company is a new concept which was introduced by the Companies Act, 2013. It has been defined under section 2(62) of the said Act as a company which has only one person as a member.

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