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Companies 2nd Amendment Act 2020 finally promulgated in 22 November 2020
Photo source: https://www.getmyca.com/ The Companies Second Amendment Act 2020 finally promulgated in 22nd November 2020. The new amendment allowed opening of OPC(One person company). The OPC need to ensure minimum paid up capital requirements. Depending on Turnover OPC can also be converted to LTD and PLC. The words LTD and PLC for private limited and public limited companies respective required... Read More