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The Companies Act, 1956

Producer Companies (581A - 581ZT)

Section 581-O Number of directors.

Section 581-O Number of directors.

Every Producer Company shall have atleast five and not more than fifteen directors;

Provided that in the case of an inter-State co-operative society incorporated as a Producer Company, such Company may have more than fifteen directors for a period of one year from the date of its incorporation as a Producer Company.