Section 581O – The Companies Act,1956

The Companies Act, 1956

581-O. Number of directors.

Every Producer Company shall have at least five and not more than fifteen directors :

Provided that in the case of inter-State co-operative society incorporated as a Producer Company, such Company may have more than fifteen directors for a period of one year from the date of its incorporation as a Producer Company.

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The Companies Act, 1956

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