Section 378-I Amendment of articles
- Chapter
- XXIA · Producer Companies
- Amendments
- 1
Inserted by Companies (Amendment) Act, 2020, s. 52, with effect from 11 February 2021378-I. Amendment of articles.—
Inserted by Companies (Amendment) Act, 2020, s. 52, with effect from 11 February 2021(1) Any amendment of the articles shall be proposed by not less than two-thirds of the elected directors or by not less than one-third of the Members of the Producer Company, and adopted by the Members by a special resolution.
Inserted by Companies (Amendment) Act, 2020, s. 52, with effect from 11 February 2021(2) A copy of the amended articles together with the copy of the special resolution, both duly certified by two directors, shall be filed with the Registrar within fifteen days from the date of its adoption.