https://www.taxtmi.com/acts?id=12994 Section 581G requires the memorandum and subscribed articles to be registered and mandates that articles set out mutual assistance principles-voluntary membership, one-member one-vote, board administration accountable to members, limited return on share capital, equitable surplus distribution for business development, common facilities and member distributions proportionate to participation-together with rules on membership qualifications and transfers, patronage and voting, board composition and powers, chairman and CEO appointment, withheld price and patronage bonus distribution, reserve and fundraising limits, member advances, information rights, dissolution distributions, and authorisation for mergers and subsidiaries. en-us Wed, 18 May 2011 16:35:08 +0530 Wed, 18 May 2011 16:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12994 Section 581G requires the memorandum and subscribed articles to be registered and mandates that articles set out mutual assistance principles-voluntary membership, one-member one-vote, board administration accountable to members, limited return on share capital, equitable surplus distribution for business development, common facilities and member distributions proportionate to participation-together with rules on membership qualifications and transfers, patronage and voting, board composition and powers, chairman and CEO appointment, withheld price and patronage bonus distribution, reserve and fundraising limits, member advances, information rights, dissolution distributions, and authorisation for mergers and subsidiaries. Act-Rules Companies Law Wed, 18 May 2011 16:35:08 +0530 https://www.taxtmi.com/acts?id=12994