Under section 2 (62) of the Companies Act 2013, Single Person Limited Company means a company incorporated under the Companies Act 2013 having only one person as a member. It is a new form of business that came into existence through the Companies Act in the year 2013. It is a form of business having a separate legal entity from its promoter, just like other forms of company. https://www.adsthumb.com/one-person-company-and-its-registration-process-1025558