Change Members of OPC

Change Members of OPC

Change Members of OPC

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What is member change of One Person Company?

Member change means to change the existing member of the OPC with new person or existing nominee person of the OPC in the event of death or incapacity to contract of member of Once Person of the Company. Form INC-4 is required to be when there is change in member or nominee due to Change in Member or Nominee of OPC.

When the Member of the Company ceased to be member of the Company?

Change Members of OPC

1. Transfer of ownership of the company to other person,
2. Death of the member
3. Incapacity of member to contract

Whether it is mandatory to change the Nominee person, when we change the Member of OPC
In case of Change in Member either new member may replace the existing Nominee with new Nominee person or the existing nominee can remain the nominee

Who is eligible to act as a member of an OPC?
Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC.
Following person can’t become member of the OPC:
1. Minor (as per Rule 3(4) of the Companies (Incorporation) Rules 2014). A minor cannot even hold share with beneficial interest.
2. Foreign Citizen
3. Non Resident
4. A person incapacitated to contract
5. Persons other than a Natural Person i.e. living human being
6. As per the explanation given to Rule 3(1), a resident of India for the purpose of the provisions governing OPC is a person who has stayed in India for a period of not less than 182 days during the immediately preceding one calendar year.

Our Packages

Change Member of OPC
₹ 11800
  • Package Includes
  • Change Member of OPC

Documents Required for Change Members of OPC

  • Id and address proof of existing Member of the company
  • Id and address proof of new Member of the company
  • Id and address proof of new Nominee of the company (In case of Nominee change)
  • Copy of notice of withdrawal of consent by the nominee of OPC (In case of Nominee change)
  • Consent of New Nominee (In case of Nominee change)

Process Involved

Step 1

1

Collect documents

Step 2

2

Draft Documents

Step 3

3

Collect signed documents

Step 4

4

Prepare form INC-4

Step 5

5

Submit form INC-4 at MCA website with necessary attachments

Step 6

6

Get copy of approval from concern Department

FAQ'S