Frequently Asked Question
07. Can a One-Person Company (OPC) Open an Account with Upmove?
Last Updated 8 months ago
As per Rule 3(6) on Page 107 of the Companies (Incorporation) Rules, 2014, a One-Person Company (OPC) is not permitted to engage in non-banking financial investment activities, including investing in securities. Therefore, in compliance with these regulations, Upmove does not allow OPCs to open an account.