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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 378I: How Producer Companies Can Amend Articles Through Special Resolution and Timely Filing Requirements</h1> Section 378I governs amendment of the articles of a Producer Company. An amendment may be proposed either by at least two-thirds of the elected directors or by at least one-third of the members. Adoption of any amendment requires approval by the members through a special resolution. After adoption, a copy of the amended articles and the special resolution, both certified by two directors, must be filed with the Registrar within fifteen days of the adoption date. This provision was inserted by the Companies (Amendment) Act, 2020, effective from 11 February 2021.
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