Every Producer Company shall have at least five and not more than fifteen Directors:
Provided that in the case of an inter-State co-operative society incorporated as a Producer Company, such company may have more than fifteen Directors for a period of one year from the date of its incorporation as a Producer Company]
Amendment
1. Inserted by Companies(Amendment) Act 2020 Dated 29.09.2020 Amendment Effective from 11th February 2021