Key features of a One Person Company (OPC) include:
Single Member: Only one person can be a member and shareholder of the company.
Nominee Requirement: A nominee must be appointed in case the sole member is incapacitated or dies.
Limited Liability: The liability of the member is limited to the extent of their share capital.
Separate Legal Entity: An OPC is a separate legal entity from its owner, protecting personal liabilities.
Less Compliance: Compared to other types of companies, OPCs face fewer compliance requirements, making them easier to manage.
https://www.registerkaro.in/one-person-company