One Person Companies (OPCs) in India are a unique type of corporate entity that was introduced in the Companies Act, 2013. The concept of OPCs was introduced with the objective of promoting entrepreneurship and providing a simpler form of business structure for individuals.
source https://www.caclubindia.com/articles/one-person-company-49346.asp
source https://www.caclubindia.com/articles/one-person-company-49346.asp
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