(1) A Producer Company shall not alter the conditions contained in its memorandum except in the cases, by the mode and to the extent for which express provision is made in this Act.
(2) A Producer Company may, by special resolution, not inconsistent with section 378B, alter its objects specified in its memorandum.
(3) A copy of the amended memorandum, together with a copy of the special resolution duly certified by two directors, shall be filed with the Registrar within thirty days from the date of adoption of any resolution referred to in sub-section (2):
Provided that in the case of transfer of the registered office of a Producer Company from the jurisdiction of one Registrar to another, certified copies of the special resolution certified by two directors shall be filed with both the Registrars within thirty days, and each Registrar shall record the same, and thereupon the Registrar from whose jurisdiction the office is transferred, shall forthwith forward to the other Registrar all documents relating to the Producer Company.
(4) The alteration of the provisions of memorandum
relating to the change of the place of its registered office
from one State to another shall not take effect unless it is
approved by the Central Government on an application in such
form and manner as may be prescribed.]
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1. Ins. by Act 29 of 2020, s. 52 (w.e.f. 11-2-2021).
Section 378B Objects of producer company
Section 378C Formation of Producer Company and its registration
Section 378D Membership and voting rights of Members of Producer Company
Section 378E Benefits to Members
Section 378F Memorandum of Producer Company
Section 378G Articles of association
Section 378H Amendment of memorandum
Section 378I Amendment of articles
Section 378J Option to inter-State co-operative societies to become Producer Companies
Section 378K Effect of incorporation of Producer Company
Section 378L Vesting of undertaking in Producer Company
Section 378M Concession, etc., to be deemed to have been granted to Producer Company