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[Cites 0, Cited by 0] [Section 581N] [Entire Act]

Union of India - Subsection

Section 581N(3) in The Companies Act, 1956

(3)Where an officer or other employee of the inter-State co-operative society opts under sub-section (2) not to be in employment or service of the Producer Company, such officer or other employee shall be deemed to have resigned.