Companies Act, 1956

Section - 581ZO - Disputes

CHAPTER X

RESOLUTION OF DISPUTES

Disputes.

581ZO.(1) Where any dispute relating to the formation, management or business of a Producer Company arises—

          (a)  amongst Members, former Members or persons claiming to be Members or nominees of deceased Members; or

         (b)  between a Member, former Member or a person claiming to be a Member, or nominee of deceased Member and the Producer Company, its Board of directors, office-bearers, or liquidator, past or present; or

          (c)  between the Producer Company or its Board, and any director, office-bearer or any former director, or the nominee, heir or legal representative of any deceased director of the Producer Company,

such dispute shall be settled by conciliation or by arbitration as provided under the Arbitration and Conciliation Act, 1996 (26 of 19 .... To read the full section download the app from Google Play store