private company to opc conversion

private company to opc conversion

MarketerIndia
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private company to opc conversion

private company to opc conversion

MarketerIndia
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Without a doubt, a private limited company is established by two or more people to operate a business, but it can also be reduced to a one-person operation if the other person has gone or the operation isn't going as smoothly as it could. There are methods for converting a private limited company into a one-person corporation that require clearance from the ROC in accordance with the Companies Act, 2013, as well as the rules thereunder. A one person corporation is excluded from a number of the act's restrictions in contrast to a private limited company, and it can be managed more easily.

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