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...Corporatization of msme more than msmes are proprietorship or partnership enterprise therefore it is imperative to strive towards corporatisation small medium enterprises for good corporate governance as well energise the economy a whole may be incorporated one person company limited liability private public means which has only member an opc where there and prohibition in regard invitation subscription securities salient features include following can formed under by guarantee shares shall have minimum paid up capital rs lakh restricted from right transfer its share prohibits any invitations subscribe required give legal identity specifying name activities business could carried on words should mentioned below wherever affixed used engraved process incorporation obtain digital signature certificate proposed director s identification number select suitable make application ministry affairs availability draft moa aoa sign file various documents including with registrar companies electro...