Producer Company directors must number between five and fifteen, with an inter State co op exception allowing over fifteen for one year. Every Producer Company must have at least five and not more than fifteen directors, with a proviso allowing an inter State co operative society ... Summary
Producer Company directors must number between five and fifteen, with an inter State co op exception allowing over fifteen for one year.
Every Producer Company must have at least five and not more than fifteen directors, with a proviso allowing an inter State co operative society incorporated as a Producer Company to have more than fifteen directors for one year from its date of incorporation; provision inserted by the Companies (Amendment) Act, 2020 and notified w.e.f. 11 02 2021.
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