LLP can become a member of company No, it is not possible for a Limited Liability Partnership to become a member of a company. LLPs and companies are distinct legal entities with different structures and characteristics. Let’s define how LLP can become a member of company. In a company, membership is typically held by individuals… Read More »
Can an OPC have shareholders An OPC (One Person Company) can have shareholders, but there is a limitation to the number of this it can have. As the name suggests, an OPC is designed for a single person to start and manage a company. Therefore, by definition, there can be only one shareholder in an… Read More »
What is company limited by shares A company limited by shares is a type of company structure in which the shareholders’ liability has limited to the amount of money they have invested in the company. This means that the shareholders are not personally liable for any debts or liabilities incurred by the company beyond their… Read More »