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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
Select the correct answer from the options given below and rewrite the statement:
____________ means a person ceases being a member of the company of membership.
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:
Becoming a member of a company.
State whether the following statement is True or False:
Legal competency to enter into contracts is one of the criteria to become a member of the 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:
Minor can be the member of the company
State whether the following statement is True or False:
Member is entitled to profits of the company when a dividend is declared.
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 __________
Correct the underlined word and rewrite the following sentence:
A Minor can be a member of a company.
Justify the following statement.
Member and Shareholder are interchangeable terms.
Justify the following statement.
Insolvent person ceases to be the Member of the company.
Justify the following statement.
Members of the company have some fundamental corporate decision-making rights.
Answer the following question:
Explain the circumstances when Member is not a shareholder and vice-versa.
