Sole Director Of OPC & OPC Are Different Legal Entities, Cannot Be Treated As One In Terms Of Liability Owed: Bombay High Court
The Bombay Excessive Courtroom has noticed that sole director of a One Particular person Firm (“OPC”), can’t be handled parallelly with the separate authorized entity. The courtroom put aside the instructions within the impugned order dated 10/07/2024 directing Mr. Saravana Prasad (“Prasad“) to deposit Rs. 10.40 crores in a set deposit, and disclose all property and…