Section 378ZB of the Companies Act, 2013: Share capital

The Companies Act, 2013

Chapter– XXIA Producer Companies

Part- V Share Capital and Members Rights

1[Section 378ZB: Share capital.

378ZB. (1) The share capital of a Producer Company shall consist of equity shares only.

(2) The shares held by a Member in a Producer Company, shall as far as may be, be in proportion to the patronage of that 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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