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A novel form of cooperative organization known as Producer Company was introduced by amending the …

ACompanies Act, 1956

BCompanies Act, 1913

CCooperative societies Act of 1904

DCooperative societies Act of 1912

Answer:

A. Companies Act, 1956

Read Explanation:

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Related Questions:

Which of these statements are true?

  • Statement 1: No banking Company shall grant any loans or advances on the security of its own shares.

  • Statement 2: Advance against their own shares is not allowed by banks, because these are prohibited under RBI Act of 1934.

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