Legal Framework of Single Member Company in UK vis-àvis One Person Company in India: A Conceptual Analysis

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Article

Date

2023-03

Journal Title

Indian Journal of Law and Justice

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Bandyopadhyay, Rathin

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Volume Title

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University of North Bengal

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Bharat, & Gupta, P. (2023). Legal Framework of Single Member Company in UK vis-àvis One Person Company in India: A Conceptual Analysis. Indian Journal of Law and Justice, 14(1), 109–130. https://ir.nbu.ac.in/handle/123456789/4990

Authors

Bharat
Gupta, Priya

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Abstract

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.

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Volume Number

14

Issue Number

1

ISSN No

0976-3570

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Pages

109 - 130

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