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Corporate & Other Laws

What if in an OPC both sole member and nominee meets with death and in capacity so what will happen to opc


ashutosh mittal

ashutosh mittal

CA Inter

0

05-Oct-22 18:49

182

Answers (3)

I think OPC will be continued by legal representative ( perpetual succession) after the death of both nominee and sole member


JASMINE SHEIK

JASMINE SHEIK

CA Foundation

815

05-Oct-22 19:12

Perpetual succession. I think more of this will be in CA final.


Sugam SM

Sugam SM

CA Inter

9K+

05-Oct-22 19:19

There would be a transmission of shares in case of death. LIke properties get transmitted in case of death.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

10-Oct-22 12:31

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