{"id":81715,"date":"2023-11-28T17:47:38","date_gmt":"2023-11-28T12:17:38","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?post_type=act&#038;p=81715"},"modified":"2023-11-28T17:47:41","modified_gmt":"2023-11-28T12:17:41","slug":"section-378zc","status":"publish","type":"act","link":"https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-378zc\/","title":{"rendered":"Section 378ZC. Special User Rights"},"content":{"rendered":"\n<p><strong><span id='easy-footnote-1-81715' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-378zc\/#easy-footnote-bottom-1-81715' title='Ins. by Act 29 of 2020, s. 52 (w.e.f. 11-2-2021).'><sup>1<\/sup><\/a><\/span>[378ZC. Special user rights.&#8211;<\/strong>\u00a0(1) The producers, who are active Members may, if so provided in the articles, have special rights and the Producer Company may issue appropriate instruments to them in respect of such special rights.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(2) The instruments of the Producer Company issued under sub-section&nbsp;<em>(1)<\/em>&nbsp;shall, after obtaining approval of the Board in that behalf, be transferable to any other active Member of that Producer Company.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>Explanation<\/em>.&#8211;For the purposes of this section, the expression &#8220;special right&#8221; means any right relating to supply of additional produce by the active Member or any other right relating to his produce which may be conferred upon him by the Board.]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>[378ZC. Special user rights.&#8211;\u00a0(1) The producers, who are active Members may, if so provided in the articles, have special rights and the Producer Company may issue appropriate instruments to them in respect of such special rights. (2) The instruments of the Producer Company issued under sub-section&nbsp;(1)&nbsp;shall, after obtaining approval of the Board in that behalf, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":79763,"parent":79755,"menu_order":0,"template":"","format":"standard","meta":[],"categories":[11445],"tags":[1007],"acf":{"service_id":"215"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Section 378ZC. Special User Rights - Enterslice<\/title>\n<meta name=\"description\" content=\"Discover the implications of Section 378ZC and its Special User Rights. 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