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    What is the requirement as to the minimum and maximum number of directors in an OPC ?

    Posted By : mahimajain / Published on : 28-Mar-2023 04:07 AM / View : 307 / Comment : 1

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    What is the requirement as to the minimum and maximum number of
    directors in an OPC ?
    Read more on : directors number maximum minimum requirement

    • An OPC or One Person Company is a type of company structure that is allowed to have only one director. However, as per the Companies Act, 2013, an OPC can have a maximum of 15 directors.

      Therefore, the requirement as to the minimum number of directors in an OPC is one, and the maximum number of directors allowed is 15. However, it is important to note that an OPC must have a nominee, who will become the director of the company in the event of the sole director's death or incapacity. The nominee must be named in the Memorandum of Association (MOA) of the OPC.

      It is important for OPCs to comply with the regulations and laws under the Companies Act, 2013, and other applicable laws, including maintaining accurate and up-to-date records, holding meetings, and filing annual returns with the Registrar of Companies (ROC). Non-compliance may result in penalties and other consequences under the law.

       
      28-03-2023 / 11:59:10 AM
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