The Companies Act, 2013
Chapter– XXIA Producer Companies
Part- III Management of Producer Company
1[Section 378-O: Number of directors.
378-O. 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.]
Reference
1. Inserted by the Companies (Amendment) Act, 2020, w.e.f. 11.02.2021[S.O. 644(E) dated 11.02.2021].
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