Share capital of Producer Company must comprise only equity shares, with member holdings proportionate to patronage. The share capital of a Producer Company is confined to equity shares only, and shares held by a member are to be allocated insofar as practicable in proportion to that member's patronage.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Share capital of Producer Company must comprise only equity shares, with member holdings proportionate to patronage.
The share capital of a Producer Company is confined to equity shares only, and shares held by a member are to be allocated insofar as practicable in proportion to that member's patronage.
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