According to Sec 2 (62) of Companies Act, 2013, the maximum amount of paidup share capital of an OPC is:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → 50 Lakhs
Note: Section 2(62) of the Companies Act, 2013 only defines a One Person Company, as a company which has only one person as a member. The limit of Rs. 50 lakh on its paid-up share capital is laid down in Rule 3 of the Companies (Incorporation) Rules, 2014, not in Section 2(62). The answer, 50 Lakhs, is the limit those Rules set.
NCERT (2026-27 edition):
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