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Under the Companies Act, 2013, the person named in the memorandum of a One Person Company shall become…

Under the first proviso to s.3(1), the person named in the memorandum of a One Person Company becomes its member if the subscriber dies or becomes incapable of entering into…

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Under the Companies Act, 2013, the person named in the memorandum of a One Person Company shall become member in the event of:

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Correct answer C

Under the first proviso to s.3(1), the person named in the memorandum of a One Person Company becomes its member if the subscriber dies or becomes incapable of entering into contract. A share transfer, an increase of capital or conversion into a public company does not bring the nominee in.

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