3(6) saying:
Such Company cannot carry out Non-Banking Financial Investment activities including investment in securities of any body corporates.
Therefore, as per my understanding OPC can not be a Subscriber/Member in another Company .
YES TRUE
MADAM
PL REFER THE FOLLOWING URL
https://blog.ipleaders.in/advantages-private-company-one-person-company/
if opc have sufficient funds in its own account the no issue.
The OPC, as a subscriber, among us will hold shares in the Private Limited company, and this shareholding will determine the extent of ownership in the Private Limited company.
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Alike any other company, an OPC can also invest in another company. An OPC is sub-category of Private Limited Company and by virtue of its status, it can invest in stake of another company and own the same. However, this object shall be inserted into the object clause of the MOA.