Sec. 2 (62) of the Companies Act, 2013, defines OPC as a “company which has only one person as a member”. Rule 3 of the Companies (Incorporation) Rules, 2014 provides that:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Only a natural person being an Indian citizen and resident in India can form one person company.
NCERT (2026-27 edition):
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