WebSalient Features of OPC 6 Privileges available to OPC 7 Types of OPC 8 Memorandum of Association 8 Directors [Section 152(1), 149(1)(a) & (1)(b)] 9 Meetings of Board [Section 173(5)] 9 Contract by One Person Company 9 Annual Return (Section 92) 10 Financial Statement (Section 134) 10 Exemptions available to OPC under the Companies Act, …

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