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Is it mandatory to nominate a person during incorporation of One person company in India?

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posted Jul 21 by Purabi Sarkar

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1 Answer

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The subscriber to the memorandum of a One Person Company shall nominate a person, after obtaining prior written consent of such person, who shall, in the event of the subscriber’s death or his incapacity to contract, become the member of that One Person Company.

answer Jul 26 by Amrita
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