valid as on 07/12/2021

Section 378-O Number of directors
Notified w.e.f. 11.02.2021

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

Provided that in the case of an 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.

Commencement Notification S.O. 644(E). dated 11.02.2021


Companies (Amendment) Act, 2020 dated 28.09.2020


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