One Person Company

Abhilasha Semwal

No f6e5s, LawRxiv from Center for Open Science

Abstract: The concept of one Person Company’ was introduced in the Companies Act 2013. This concept was recommended first by the expert committee of Dr. JJ Irani in 2005. OPC is a hybrid of sole proprietor and company form of business: and limited liability being the precious legal invention in the legal history. The introduction of OPC in the Indian legal system is considered as the appropriate legislation to unleash the entrepreneurial talent of the emerging Indian businessmen, especially to start-up ventures. Here we try to dig into the emergence and development of OPC world over as well as in India, examines the concept of OPC which is set to organize the unorganized sector of proprietorship firms and other entities that will be convenient to regulate and manage with the emerging concept of OPC.

Date: 2020-08-17
New Economics Papers: this item is included in nep-sbm
References: Add references at CitEc
Citations:

Downloads: (external link)
https://osf.io/download/5f3a2943d42ad40114cdd8bb/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osf:lawarx:f6e5s

DOI: 10.31219/osf.io/f6e5s

Access Statistics for this paper

More papers in LawRxiv from Center for Open Science
Bibliographic data for series maintained by OSF ().