Tag Archives: #CorporateSolutions

How can an LLP convert into OPC?

LLP to OPC

How can an LLP convert into OPC Converting an LLP (Limited Liability Partnership) to an OPC (One Person Company) is not possible as per the current legal provisions in India. There are some overview which define How can an LLP convert into OPC. An LLP is a type of partnership where there are two or… Read More »

Can an OPC have two directors?

Directors

Can an OPC have two directors No, an OPC (One Person Company) can have only one director. As per the provisions of the Companies Act, 2013 in India, an OPC can have only one director who is also the sole shareholder of the company. The concept of an OPC is designed to enable single-person entrepreneurship,… Read More »