TMI BlogAppointment of directorsX X X X Extracts X X X X X X X X Extracts X X X X ..... cted in accordance with the provisions of this section. (2) The election of directors shall be conducted within a period of ninety days of the registration of the Producer Company: Provided that in the case of an inter-State co-operative society which has been registered as a Producer Company under sub-section (4) of section 378J in which at least five directors [including the directors continui ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot exceeding one-fifth of the total number of directors or appoint any other person as additional director for such period as the Board may deem fit: Provided that the expert directors shall not have the right to vote in the election of the Chairman but shall be eligible to be elected as Chairman, if so provided by its articles: Provided further that the maximum period, for which the expert dire ..... X X X X Extracts X X X X X X X X Extracts X X X X
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