Challenging Case Studies.
Research Document Studies.
When a company is registered with MCA (Ministry of corporate
Affairs) for the purpose of agricultural production and processing activities
it is called Producers Company.
The major aim of the Producer Company is improvement in the standard
of living, incomes and profit for the individuals. Also, it helps in the
betterment of agricultural industry work by giving access to technological
advancement and channelizing the agrarian market. A Producer Company should be named using the
following suffix “Producer
Company Limited” appropriately indicating its status
of Producer Company
The committee consists of at least 10 Producer, who will
promote/ incorporate the Company. Promoters may be individual or producer
institutes (minimum 2 institutes) and 5 directors (it should be individual
only). Generally, in most of the cases,
Promoters and Directors are the same in Companies.
If a company seeks to register itself to be a producer
company, it must incorporated the following objectives:
The registration process of a Producer Company is quite simple for
private limited companies. It requires
the below steps:
government has come up with a plan of producer companies allowing farmers to
grow and earn credits by setting up their own business. Also, benefits like tax exemptions will be
offered to the agricultural activities
leading to make it more simple and cheaper and bring enhancement in the income
of small scale workers. A producer
company in India shall never become a public (or deemed public) limited
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