It is now possible to incorporate a One Person Company and escape the draconian provisions of the Companies Act 2013
SD Israni
It is said that India lives in the villages. On the economic front, there is another truism: India is all about small businesses scattered around the country. In every segment of business or service, we come across the ubiquitous small firms mostly owned by sole proprietors. While such proprietary firms have limited business, they run the risk of unlimited liability.