Question ID :
40702
Incorporation of Producer Company
Whether it is mandatory at the time of incorporation of Producer Company as per Section 581 of CA 1956 that all five directors must be appointed from 10 members or not?
If this is mandatory to appoint directors from members of producer company, please mention the rule or section in detail.
Posted by
CA Neha Gupta
on
Jul 01, 2020
Filed Under
Companies Act, 2013
Answer ID :
83597
It is mandatory to appoint directors from the 10 members.
Posted by
CA. JHA SHANKAR KUMAR on
Aug 11, 2022