(University of North Bengal, 2023-03) Bharat; Gupta, Priya
One of the ideal vehicles for a start-up venture can be a company formed by single
person with the benefit of limited liability. In this article, an attempt has been
made to trace the journey of this vehicle in United Kingdom and India. In this
paper the researcher intends to undertake a conceptual study of One Person
Company in India and United Kingdom. In United Kingdom, it exists by the
nomenclature of Single Member Company. The researchers by virtue of this paper
attempts to trace the existing legal framework in both the countries and finally
intends to conclude by suggesting the changes required in One Person Company
in India as its necessary legal structure is still in nascent stage in India.
