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CS Executive · Company Law and Practice · General Meetings

Under section 378ZA, to whom must the notice of a general meeting of a Producer Company, indicating date, time and place, be sent?

The notice must be sent to every member and the auditor of the Producer Company. Section 378ZA(8) requires the notice indicating date, time and place to go to both, not just to large shareholders or directors.

  1. AEvery member and auditor of the Producer CompanyCorrect
  2. BOnly members holding more than one-fourth of shares
  3. CDirectors and the Registrar only
  4. DMembers and the Registrar of Companies

Explanation

Section 378ZA(8) states the notice indicating the date, time and place must be sent to every member and auditor of the Producer Company. It does not limit it to large holders or require sending to the Registrar.

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