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Analysis Of One-Person Company Laws In India




Kanvi Gupta, Amity Law School, Amity University, Lucknow


ABSTRACT


One Person Company concept was evolved in the Great Britain. The concept is adopted by many countries like USA, China, Singapore, and Pakistan. It requires only one member and one director for its formation. The benefits of separate entity, limited liability and etc. are enjoyed by it. The small entrepreneurs and young enthusiasts who aim to have own structured organization can adopt One Person Company as it requires no pressure of bringing investors and undergoing long procedures. The paper aims to analyse the laws related to One Person Company in India and how it is different from Sole Proprietorship. The paper also contains the procedure of incorporation and conversion of One Person Company.

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Indian Journal of Law and Legal Research

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Abbreviation: IJLLR

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ISSN: 2582-8878

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Website: www.ijllr.com

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Accessibility: Open Access

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License: Creative Commons 4.0

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Submit Manuscript: Click here

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Licensing: ​

 

All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

 

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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