Mr A incorporate an OPC in Mumbai last year being the only member of the company He wants to incorpo...........

Companies Act-Phase (I & II) Introduction to Company Act

Mr. A incorporate an OPC in Mumbai last year being the only member of the company. He wants to incorporate another OPC in Delhi to start a new business. Can he set another OPC?

No, a natural person can form only one OPC

Yes, a natural person can set up as many OPC as he wants.

Yes, he can incorporate more than one OPC in different cities

None of the above

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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