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>Producer Company Board Can Decide Dividends, Admit Members, Manage Investments, More; Amended by Companies Act 2020.</h1> The Board of Directors of a Producer Company, under the Companies Act, 2013, holds the authority to exercise all powers and perform acts as authorized by the company. These powers include determining dividends, recommending patronage, admitting new members, formulating policies, appointing executives, overseeing financial records, managing property transactions, investing company funds, and sanctioning loans to members. All actions must be resolved in board meetings, and individual directors or groups without board status cannot exercise these powers. The provisions were amended by the Companies (Amendment) Act, 2020.
TaxTMI 
TaxTMI 
