Producer companies
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2012
Q1 :if no. of directors are only two at the time of conversion of ISCS(inter state cooperative societies)then whats tge provision of time for election as accordingto sec 581P?as min directors req is 5?
Q2 :what is the relevance of this line in sec 581P that there must be at least 5 directors on the date of conversion ?
plz explain in detail
Q2 :what is the relevance of this line in sec 581P that there must be at least 5 directors on the date of conversion ?
plz explain in detail
CA Sumat Singhal
(Expert)
20 February 2012
Three hundred and sixty-five days
Just the name has to be given, Members who sign the memorandum and the articles may designate therein the Board of directors (not less than five) for governing the affairs of the Producer Company until the directors are elected within a period of ninety days of the registration of the Producer Company :
Just the name has to be given, Members who sign the memorandum and the articles may designate therein the Board of directors (not less than five) for governing the affairs of the Producer Company until the directors are elected within a period of ninety days of the registration of the Producer Company :
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
