PART I — PRELIMINARY

378A. Definitions

PART II — INCORPORATION OF PRODUCER COMPANIES AND OTHER MATTERS

378B. Objects of Producer Company

378C. Formation of Producer Company and its registration

378D. Membership and voting rights of Members of Producer Company

378E. Benefits to Members

378F. Memorandum of Producer Company

378G. Articles of association

378H. Amendment of memorandum

378-I. Amendment of articles

378J. Option to inter-State co-operative societies to become Producer Companies

378K. Effect of incorporation of Producer Company

378L. Vesting of undertaking in Producer Company

378M. Concession, etc., to be deemed to have been granted to Producer Company

378N. Provisions in respect of officers and other employees of inter-State co-operative society

PART III – MANAGEMENT OF PRODUCER COMPANY

378O. Number of directors

378P. Appointment of directors

378Q. Vacation of office by directors

378R. Powers and functions of Board

378S. Matters to be transacted at general meeting

378T. Liability of directors

378U. Committee of directors

378V. Meetings of Board and quorum

378W. Chief Executive and his functions

378X. Secretary of Producer Company

378Y. Quorum

378Z. Voting rights

PART IV – GENERAL MEETINGS

378ZA. Annual general meetings

PART V – SHARE CAPITAL AND MEMBERS RIGHTS

378ZB. Share capital

378ZC. Special user rights

378ZD. Transferability of shares and attendant rights

PART VI – FINANCE, ACCOUNTS AND AUDIT

378ZE. Books of account

378ZF. Internal Audit

378ZG. Duties of auditor under this Chapter

378ZH. Donation or subscription by Producer Company

378Z-I. General and other reserves

378ZJ. Issue of bonus shares

PART VII – LOANS TO MEMBERS AND INVESTMENTS

378ZK. Loan, etc., to Members

378ZL. Investment in other companies, formation of subsidiaries, etc

PART VIII – PENALTIES

378ZM. Penalty for contravention

PART IX – AMALGAMATION, MERGER OR DIVISION

378ZN. Amalgamation, merger or division, etc., to form new Producer Companies

PART X – RESOLUTION OF DISPUTES

378Z-O. Disputes

PART XI – MISCELLANEOUS PROVISIONS

378ZP. Strike off name of Producer Company

378ZQ. Provisions of this Chapter to override other laws

378ZR. Application of provisions relating to private companies

PART XII – RE-CONVERSION OF PRODUCER COMPANY TO INTER-STATE CO-OPERATIVE SOCIETY

378ZS. Re-conversion of Producer Company to inter-State co-operative society

378ZT. Power to modify Act in its application to Producer Companies

378ZU. Power to make rules