Introduction: When we mention a corporation, the terms stockholders and members are normally used as synonyms, along with will become a member of the corporate, except by manner of holding shares. throughout this way, a member could also be a shareholder and a shareholder may be a member. The statement Read more…
Introduction: The concept of One-Person Company was first recommended by the specialized Committee of Dr. Jamshed J. Irani. It consisted of 13 members and 6 invitees from various fields having specialized knowledge. It classified companies based on the number of members into One-Person Company, Private Company, and Public Company. Considering Read more…
Introduction: There existed no such notion of One Person Company as per Companies Act 1956. J.J.Irani in 2005 first recommended this theory and finally, the concept of One Person Company was introduced in the Companies Act, 2013. In case a person wants to start a new venture and go with Read more…