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One Person Company Registration | Online Process | RegisterExperts. Under Companies Act, 2013 and rules made thereunder there are specific provision prescribed which are required for the registration of One Person Company: MEMBER: As per Companies Act, 2013 only a natural and individual person can be a member of a One Person Company. An OPC cannot add more than one shareholder in the company during its tenure, but if it does so then first, it needs to convert itself from OPC to either the private limited company or public limited company.
DIRECTOR: In Companies Act, 2013 there is a limit prescribed for the appointment of a director in the company, and every company needs to follow such rules for the appointment of a director. In One Person Company, the companies act say that there must be at least one director in the company but which goes maximum to the 15, but this limit can be exceeded only with prior approval of the member of the company. An only individual person shall be the director of the company. Register Experts. Register Experts. Register Experts. One Person Company Registration | Online Process | RegisterExperts.