Companies Act, 1956
Section - 581A - Definitions
[PART IXACHAPTER IPRODUCER COMPANIESDefinitions.581A. In this Part, unless the context otherwise requires,— (a) "active Member" means a member who fulfils the quantum and period of patronage of the Producer Company as may be required by the articles; (b) "Chief Executive" means an individual appointed as such under sub-section (1) of ; (c) "limited return" means the maximum dividend as may be specified by the articles; (d) "Member" means a person or Producer institution (whether incorporated or not) adm .... To read the full section download the app from Google Play store
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