Browsing by Subject "Single Member Company"

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    Legal Framework of Single Member Company in UK vis-àvis One Person Company in India: A Conceptual Analysis
    (University of North Bengal, 2023-03) Bharat; Gupta, Priya
    One of the ideal vehicles for a start-up venture can be a company formed by single person with the benefit of limited liability. In this article, an attempt has been made to trace the journey of this vehicle in United Kingdom and India. In this paper the researcher intends to undertake a conceptual study of One Person Company in India and United Kingdom. In United Kingdom, it exists by the nomenclature of Single Member Company. The researchers by virtue of this paper attempts to trace the existing legal framework in both the countries and finally intends to conclude by suggesting the changes required in One Person Company in India as its necessary legal structure is still in nascent stage in India.