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In case of event of death of member, who will be the member of OPC ?

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In case of event of death of member, who will be the member of OPC ?
posted Jul 21, 2017 by Purabi Sarkar

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1 Answer

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An OPC must mention one person as ‘Nominee’ in the event of death, incapacity, etc. who will- (a) become a member of OPC
(b) be entitled to all shares of the OPC, and
(c) bear all liabilities of OPC. However, written consent of such Nominee to act as nominee must be obtained and filed with the RoC at the time of incorporation along with MoA and AoA.

answer Jul 26, 2017 by Amrita
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