One Person Company

One person company is a new concept in India which has been introduced by the companies act 2013. In the old Companies act 1956 a minimum of two directors and shareholders were required to form a private limited company.

It’s Monday morning and time for a quick wrap-up of the posts published on trak.in last week. Drug major Sun Pharmaceutical Industries will acquire Ranbaxy Laboratories in an all stock transaction worth $4 billion. Total equity value of…