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[Cites 0, Cited by 0] [Section 581Q(1)] [Section 581Q] [Entire Act]

Union of India - Subsection

Section 581Q(1)(d) in The Companies Act, 1956

(d)the Producer Company, in which he is a Director-
(i)has not filed the annual accounts and annual return for any continuous three financial years commencing on or after the 1st day of April, 2002; or
(ii)has failed to, repay its deposit or withheld price or patronage bonus or interest thereon on due date, or pay dividend and such failure continues for one year or more;