Cos 378K — Effect of incorporation of Producer Company

Companies Act, 2013

Statutory text

Every  shareholder  of  the  inter-State  co-operative  society  immediately before  the  date  of  registration  of  Producer  Company  (hereafter  in  this
Chapter referred to as the date of transformation) shall be deemed to be registered on and from that date as a  shareholder  of  the  Producer  Company  to  the  extent  of  the  face  value  of  the  shares held  by  such shareholder.

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