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.
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.
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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