can director become become a nominee in one person company
1 Board Meetings and Directors Section149, 152 & 173 of the Act. 2  One Person Company needs to have one director. 3  It can have maximum of 15 directors which can also be increased by passing a special resolution as in case of any other company. Succession-In an OPC there is a nominee designated by the member. 2  The nominee which will be a Natural Born citizen of India and who resides in India. 3  The nominee shall in the event of death of the member become a member of the company and will be responsible for the running of the company.
1 Minor cannot shall become member or nominee of the One Person Company or can hold share with beneficial interest. 2  An OPC cannot be incorporated or converted into a company under Section 8 of the Act. [ 3 Company not for Profit].nly a natural person, who is an Indian citizen and resident in India shall be eligible to incorporate a One Person Company. Explanation: The term Resident in India means a person who has stayed in India for a period of not less than 182 days during the immediately preceding one calendar year.2.