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easyMCQCUET Accountancy 2025 24 May Shift 12026Accountancy
1 mark

According to Sec 2 (62) of Companies Act, 2013, the maximum amount of paidup share capital of an OPC is:

  1. A
    50 Lakhs
  2. B
    2 Crore
  3. C
    10 lakhs
  4. D
    1 crore

Solution & Step-by-step Explanation

Under the rules governing One Person Companies (OPC) prescribed via the Companies Act, 2013, the maximum paid-up share capital threshold was historically designated up to ₹50 Lakhs, beyond which conversion criteria apply under specific rules.

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According to Sec 2 (62) of Companies Act, 2013, the maximum amount of paidup share capital of an OPC is:
A
50 Lakhs
B
2 Crore
C
10 lakhs
D
1 crore

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