MANAGEMENT OF THE CORPORATION
The general superintendence, direction and management of the affairs and the business of the Corporation vest in the Board of Directors, which may exercise all such powers and do all such acts and things as may be exercised or done by the Corporation.
The Chairman shall be a person who is an Ex-serviceman and was holding Class-I post while in service.
The Vice-Chairman shall be a person who is an Ex-serviceman and was holding Class-I post while in service.
The Managing Director shall be a person who is or has been a Class I Officer of the State Government or Central Government.
BOARD OF DIRECTORS
The Board of Directors consists of the Chairman, Vice-Chairman, the Managing Director and the following other Directors, namely :-
The Secretary to Government in the Department of Defence Services Welfare or his nominee, ex-officio;
The Secretary to Government in the Finance Department or his nominee, ex-officio;
The Secretary to Government in the Development Department or his nominee, ex-officio;
The Director of Industries, Punjab, or his nominee, ex-officio;
The Secretary, Punjab Rajya Sainik Board or his nominee, ex-officio.
Four Ex-servicemen Directors nominated by the Government of Punjab for a term of two years.
The total permanent posts authorized are:-
|1||General Manager (PP)||1|
|4||Clerical & Other Staff||9|
The additional staff required for smooth running of Corporation is appointed on contract basis with the approval of the Board of Directors.