Producer company

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Annapurna (Querist)
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16 December 2015 Old provisions applicable for incorporation of producer co.n all other provisions as no mention about the same in new Act?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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16 December 2015 Provided that the provisions of Part IX A of the Companies Act, 1956 shall be applicable
mutatis mutandis to a Producer Company in a manner as if the Companies Act, 1956 has not
been repealed until a special Act is enacted for Producer Companies:
Provided further that until a date is notified by the Central Government under subsection
(1) of Section 434 for transfer of all matters, proceedings or cases to the Tribunal, the
provisions of the Companies Act, 1956 in regard to the jurisdiction, powers, authority and
functions of the Board of Company Law Administration and court shall continue to apply as
if the Companies Act, 1956 has not been repealed

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