Companies Act, 1956
Section - 581K - Effect of incorporation of Producer Company
Effect of incorporation of Producer Company.581K.Every shareholder of the inter-State co-operative society immediately before the date of registration of Producer Company (hereafter referred to as the transformation date) shall be deemed to be registered on and from that date as a shareholder of the Producer Company to the extent of the face value of the shares held by such shareholder. .... To read the full section download the app from Google Play store
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