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Home Acts & Rules Companies Law Acts Companies Act, 2013 Chapters List Part III MANAGEMENT OF PRODUCER COMPANY This
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Section 378W - Chief Executive and his functions - Companies Act, 2013

Extract

..... 1[Chief Executive and his functions. 378W. (1) Every Producer Company shall have a full time Chief Executive, by whatever name called, to be appointed by the Board from amongst persons other than Members. (2) The Chief Executive shall be ex officio director of the Board and such director shall not retire by rotation. (3) Save as otherwise provided in articles, the qualifications, experience and the terms and conditions of service of the Chief Executive shall be such as may be determined by the B .....

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Section 378W - Chief Executive and his functions - Companies Act, 2013

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..... ) make appointments to posts in accordance with the powers delegated to him by the Board; (h) assist the Board in the formulation of goals, objectives, strategies, plans and policies; (i) advise the Board with respect to legal and regulatory matters concerning the proposed and ongoing activities and take necessary action in respect thereof; (j) exercise the powers as may be necessary in the ordinary course of business; (k) discharge such other functions, and exercise such other powers, as may be .....

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Section 378W - Chief Executive and his functions - Companies Act, 2013

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