A company incorporated under Section 2(62) of Companies Act 2013 with only one member and one director (can be same person). Mandatory conversion to private company if paid-up capital exceeds ₹50 lakh or turnover exceeds ₹2 crore.
Last updated: 17 May 2026
A company incorporated under Section 2(62) of Companies Act 2013 with only one member and one director (can be same person). Mandatory conversion to private company if paid-up capital exceeds ₹50 lakh or turnover exceeds ₹2 crore.
One Person Company is significant under MCA because A company incorporated under Section 2(62) of Companies Act 2013 with only one member and one director (can be same person). Mandatory conversion to private company if paid-up capital exceeds ₹50 lakh or turnover exceeds ₹2 crore.
One Person Company under MCA applies to companies, professionals, and individuals involved in MCA-related compliance and regulatory matters in India. Specifically: A company incorporated under Section 2(62) of Companies Act 2013 with only one member and one director (can be same person). Mandatory conversion to p...