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Section 581I – The Companies Act,1956

The Companies Act, 1956

581-I. Amendment of articles.

(1) Any amendment of the articles shall be proposed by not less than two-third of the elected directors or by not less than one-third of the Members of the Producer Company, and adopted by the Members by a special resolution.

(2) A copy of the amended articles together with the copy of the special resolution, both duly certified by two directors, shall be filed with the Registrar within thirty days from the date of its adoption.

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The Companies Act, 1956

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