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Question
In One Person Company (OPC), which of the following can be a member?
Options
A partnership firm
A private company
A natural person
All of the above
MCQ
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Solution
A natural person
Explanation:
As per the Companies Act, 2013, only a natural person who is an Indian citizen and resident in India can form a One Person Company (OPC). Partnership firms, companies, or other artificial legal entities cannot be members of an OPC. Thus, only a natural person can be the sole member/shareholder of an OPC.
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Chapter 6: Company Accounts - Issue of Shares - OBJECTIVE TYPE QUESTIONS [Page 6.197]
