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प्रश्न
Justify the following statement.
Nominee of the member of OPC becomes its member of the death of the member.
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उत्तर
(1) According to Section 2 (62) of the Companies Act, 2013, a company which has only one person as a member called One Person Company (OPC). It is a private company. It is managed, operated, and controlled by a single promoter or member who has limited liability. According to the provisions made in the Act, either at the time of its formation or at the time of joining as a member. the promoter or member is required to record and register his nominee’s name in the Memorandum of the one-person company.
(2) In the event of death or lunacy or insanity of the member of OPC, the nominee whose name is mentioned in Memorandum becomes the sole owner and manager of OPC.
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संबंधित प्रश्न
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Insane person | 1) Transfer of shares by operation of law |
| b) Foreigner | 2) Cannot be a member |
| c) Transmission of shares | 3) Cessation of membership |
| d) Surrender of shares | 4) To get copies of Auditor’s, Directors’ Report, etc. |
| e) Right of Members | 5) Can be a Member |
| 6) To attend a board meeting | |
| 7) Duties of member | |
| 8) Surrendering all assets to the company | |
| 9) Demand or claim money from the company | |
| 10) Transfer of shares by order of Secretary |
Write a word or a term or a phrase which can substitute the following statement:
End of membership of a person.
Write a word or a term or a phrase which can substitute the following statement:
Book in which names of all members are entered.
Write a word or a term or a phrase which can substitute the following statement:
Becoming a member of a company.
State whether the following statement is True or False:
Limited Liability Partnership cannot be a member of the company
State whether the following statement is True or False:
Members of the company can attend general and Board meetings of the company.
State whether the following statement is True or False:
Member of the company is conferred with several rights.
Find the odd one:
Complete the sentence:
A person whose name is entered in the Register of Members of a company is called __________
Complete the sentence:
Members have a right to appoint and remove the __________
Select the correct option form the bracket.
| Group A | Group B |
| ___________ | Can hold shares in the name of partners |
Answer in one sentence:
Which individuals cannot become a member of a company?
Answer in one sentence:
What is the common way of becoming a member of a company?
Explain the following Term/Concept.
Transmission of Shares
Justify the following statement.
A Foreigner can invest in shares of an Indian company.
Justify the following statement.
Insolvent person ceases to be the Member of the company.
Justify the following statement.
Transfer of shares results in termination of membership.
Answer the following question:
Explain the circumstances when Member is not a shareholder and vice-versa.
