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TMI BlogAnnual general meetingsX X X X Extracts X X X X X X X X Extracts X X X X ..... than fifteen months shall elapse between the date of one annual general meeting of a Producer Company and that of the next: Provided that the Registrar may, for any special reason, permit extension of the time for holding any annual general meeting (not being the first annual general meeting) by a period not exceeding three months. (2) A Producer Company shall hold its first annual general ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... espect to- (i) the state of affairs of the Producer Company; (ii) the amount proposed to be carried to reserve; (iii) the amount to be paid as limited return on share capital; (iv) the amount proposed to be disbursed as patronage bonus; (v) the material changes and commitments, if any, affecting the financial position of the Producer Company and its subsidiary, which have occurred i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e in any general meeting, proceed to call an extraordinary general meeting in accordance with the relevant provisions contained in Chapter VII. (6) Every annual general meeting shall be called, for a time during business hours, on a day that is not a public holiday and shall be held at the registered office of the Producer Company or at some other place within the city, town or village in which ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... held, with an annual return alongwith the filing fees as applicable under the Act. (11) In the case where a Producer Company is formed by Producer Institutions, such Institutions shall be represented in the general body through the Chairman or the Chief Executive thereof who shall be competent to act on its behalf: Provided that a Producer Institution shall not be represented if such Institu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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