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Introduction
The concept of one-person companies ( OPCs ) was proposed by the Dr JJ Irani Committee in 2005 and, when the Companies Act 2013 entered into force – completely transforming Indian corporate law by introducing new concepts that previously did not exist – the concept of OPCs was introduced. OPCs aim to provide an alternative and simpler business structure for small entrepreneurs, traders and artisans, which are the backbone of India s microeconomic industry but were lacking a legal business structure that did not waste time, energy and monetary resources. Previously, the only option available to them was to register their business as a sole proprietorship or form a company with at least two people. ....

Companies Incorporation Second Amendment , Dr Jj Irani Committee , Companies Act , Second Amendment Rules , நிறுவனங்கள் ஒருங்கிணைப்பு இரண்டாவது திருத்தம் , டாக்டர் ஜ்ஜ் இரணி குழு , நிறுவனங்கள் நாடகம் , இரண்டாவது திருத்தம் விதிகள் ,