Section $12$ requires that One Person company shall mention along with its name(in brackets) ____________.

One Person Company

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OPC

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One Person Company Pvt Ltd or Ltd

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None of the above

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Solution

The correct option is A One Person Company
To encourage the self employment, the Companies Act 2013 has allowed to open "one person company" i.e. OPC. One person company requires one member and one nominee.
Section 12 of the companies act requires that the word "One Person Company" should be mentioned in brackets.

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