Multiple Choice Questions on Which of the following statement is correct ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Which of the following statement is correct ........

Companies Act-Phase (I & II) Introduction to Company Act
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    Which of the following statement is correct?

    One natural person can incorporate more than one OPC

    Incorrect Answer

    One natural person cannot incorporate more than one OPC

    Correct Answer

    One natural person can incorporate more than one OPC subject to certain conditions

    Incorrect Answer

    None of the  above

    Incorrect Answer
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    Explanation:

    As per Section 2(62) of Companies Act, 2013, One Person Company means a company which has only one natural person as member. One natural person can incorporate only one OPC

    By: Vikas Goyal
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