Article
The Sole Director Of A One Person Company Cannot Be Called Upon To Discharge The Obligations Of The Said Company
The Bombay High Court in its decision in Saravana Prasad vs. Endemol India Private Limited & Anr with Innovative Film Academy Pvt. Ltd. vs. Endemol Indi Private Limited & Anr., inter alia held that Section 2(62) of the Companies Act, 2013, defines a One Person Company as a company which has only one person as a member.
M Mulla Associates