TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 581A Defines Key Terms for Producer Companies: Active Member, Chief Executive, Limited Return, and More.</h1> Section 581A of the Companies Act, 1956, outlines definitions related to Producer Companies. Key terms include 'active Member,' referring to members meeting specific patronage criteria; 'Chief Executive,' an appointed individual under section 581W; and 'limited return,' the maximum dividend specified by articles. 'Member' includes individuals or producer institutions with necessary qualifications. 'Inter-State co-operative society' involves multi-state activities. 'Patronage' and 'patronage bonus' relate to member participation and surplus income distribution. 'Primary produce' encompasses agricultural and cottage industry outputs. 'Producer Company' is a registered corporate body under section 581B. 'Withheld price' refers to deferred payment for goods supplied by members.
TaxTMI 
TaxTMI 
