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Home Acts & Rules Companies Law Acts Companies Act, 2013 Chapters List Part II INCORPORATION OF PRODUCER COMPANIES AND OTHER MATTERS This
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Section 378D - Membership and voting rights of Members of Producer Company - Companies Act, 2013

Extract

..... 1[Membership and voting rights of Members of Producer Company. 378D. (1)(a) In a case where the membership consists solely of individual Members, the voting rights shall be based on a single vote for every Member, irrespective of his shareholding or patronage of the Producer Company. (b) In a case where the membership consists of Producer Institutions only, the voting rights of such Producer Institutions shall be determined on the basis of their participation in the business of the Producer Comp .....

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Section 378D - Membership and voting rights of Members of Producer Company - Companies Act, 2013

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