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Can Producer Company Allot the shares more than 200 Members ?

Section 62- Further issue of share capital.

Posted By: Satish kshirsagar 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    a k jain

In reference to section 581c of companies act 1956 sub section 5 States that a producer company shall be treated as private limited but without any limit of members thereof. Hence it can allot the shares to more than 200 members.

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    Anupama

Yes

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