i. Is this company a One Person company? ii. Will the liability of Mr. Manoj be limited or unlimited?

Monjur Alahi

Study the following case and express your opinion:

Sunset Printers Pvt. Ltd. was incorporated on 5th December 2015 as per the provisions of the Companies Act, 2013. Mr. Manoj was the only subscriber to the Memorandum and Articles of Association and he was also the only member of the company.

i. Is this company a One Person company?

ii. Will the liability of Mr. Manoj be limited or unlimited?

iii. Will the company close down on the death, insanity, or insolvency of Mr. Manoj?


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Salim Ahmed Kawsar

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i. Yes, this is a One Person company, because only one/single person is a member of this company.

ii. The liability of Mr. Manoj is limited.

iii. No, Company will not close down on the death, insanity, or insolvency of Mr. Manoj.

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