(2) Managing Director : The Government appoints a Managing Director who shall also be a Director of the Company. The Managing Director is responsible for the conduct or management of the business of the company subject to the control and supervision of the Board of Directors. The Managing Director is also authorized by the Board to exercise such powers or discretion in relation to the affairs of the company as are specifically delegated to him by the Board and are not required to be done by the Board of Directors of the Company at the General Meeting under the Act.

(3) Officers and Employees : At present there are three (officers), 3 nos of Assistant ranks, 1 UDC, 5 nos of LDC, 5 Drivers and 9 group IV employees. All the Dealing Assistants will route through the files to any of the concerned officer before submission to Managing Director.

3. Procedure followed in the decision making process, including channels of Supervision and accountability.
Decisions are made after the officers’ suggestions and examinations are studied by the Managing Director in consultation with the Memorandum and Articles of Association of MAMCO Ltd and the Companies Act, 1956. Depending on the subject, the case may even be referred to the next Board of Directors Meeting or to the Chairman.

4. The norms set by it for the discharge of its functions.

The Corporation has to function as per norms set by the Memorandum and Articles of Association, Companies Act 1956 and certain rules adopted by the Government of Mizoram. Further the Board has adopted CCS Rules 1965.

5. The rules, regulations, instructions, manuals and records held by it or under its control or used by its employees for discharging its functions.

The Memorandum and Articles of Association of MAMCO Ltd and the Companies Act, 1956 and Notifications and Rules/Acts issued by the Government of Mizoram time to time.
The Particulars of its organization, functions and duties

The Mizoram Agricultural Marketing Corporation Limited was incorporated under the Companies Act, 1956 on 26th February, 1993. The aims and objectives of MAMCO Ltd to be pursued on its incorporation are :

a) To undertake, assist, finance and promote the business of purchase, sale, storage, processing, export and import of agricultural produce including the produce of horticulture, animal husbandry, piggery, fishery, forest and sericulture.

b) To render service of all types or without consideration to the farmers in production and sale of agricultural produce.

c) To provide minimum price for agricultural produce and also to make commercial purchases and sales.

d) To promote or conduct any commercial or industrial enterprise, establishment or company or concern for agricultural produce.

2. Powers and duties of its officers and employees.
(1) Board of Directors : The Board of Directors are appointed by the Government and the number of Directors shall not be less than three and more than twelve out of whom not less than sixty percent shall be Government officials Government shall have the power to remove any Director including the Chairman from office at any time in their absolute discretion.

Subject to the provisions of the Act, the Board shall be entitled to exercise all such powers and to do all such acts and things as the company is authorized to exercise and do in furtherance of its objects specified in the Memorandum of Association, except such powers as are required by the Act or the memorandum of Articles of Association of the company to be exercised or done by the Company in General Meeting.

6. Statement of categories of documents that are held by it or under its control.

1) Copies of Memorandum of Understanding/Agreement executed by MAMCO.
2) Court Case.
3) EPF monthly returns etc.
4) Memorandum and Articles of Association of MAMCO.
5) Books of Accounts.

7. Particulars of any arrangement that exists for consultation with or representation by the members of the public in relation to the formulation of its policy or administration thereof :

Village Council Members are often consulted and also given suggestions on pre and post harvesting of agricultural produces.

8. Statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advise and as to whether meetings of these boards, councils, committees and other bodies are open to the public or the minutes of such meetings are accessible for public.

The Corporation has a Board of Directors who convene a meeting where internal matters and policy matters are discussed and resolved. Minutes of the meeting have not been accessible to the public as of now.