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Apr 10, 2020 · Definition of the Producer Company: “Producer Company” means a body corporate having objects or activities specified in section 581B and registered as Producer Company under the Companies Act, 1956. Allowed Activities for Producer Companies:
Mar 18, 2023 · Discover the essentials of a Producer Company under the Companies Act 2013, including its formation, objectives, governance, taxation, compliance, and more, fostering collective production and marketing for agricultural development.
Apr 19, 2021 · ‘Producer Company’ means a body corporate having objects or activities specified in section 581B and registered as Producer Company under the Companies Act, 1956.
PART IXA of Companies Act 1956: PRODUCER COMPANIES CHAPTER I: PRODUCER COMPANIES 581A. Definitions CHAPTER II: INCORPORATION OF PRODUCER COMPANIES AND OTHER MATTERS 581B. Objects of Producer Company 581C. Formation of Producer Company and its registration 581D. Membership and voting rights of Members of Producer Company 581E. Benefits to Members
Jun 19, 2024 · What is a Producer Company? A producer company can be defined as a legally recognized body of farmers/ agriculturists with the aim to improve the standard of their living and ensure a good status of their available support, incomes and profitability.
Nov 5, 2020 · A Producer Company combines the goodness of a cooperative entity and the benefits of a company. Know everything about a Producer company, including its incorporation and registration process here.
Oct 21, 2016 · WHAT IS PRODUCER COMPANY? Producer Company is a company registered under the Companies Act 2013 and shall carry on any of the following activities: Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of members or import of goods or services for their benefit;
Nov 4, 2024 · Registering a Producer Company is an effective way to organise and empower small farmers and agricultural producers in India. It offers a structured approach to pooling resources, enhancing market access, and obtaining financial support, thereby improving the livelihoods of its members.
Companies Act, 2013 in India, a Producer Company is a type of company that is specifically designed to cater to the needs of primary producers. It is formed by individuals engaged in the production, procurement, or marketing of primary produce or related activities.
A producer company is a company incorporated under Companies Act 2013 (formerly the Companies Act 1956) and shall carry on prescribed activities as mentioned in Section 581B of Companies Act 1956, to name few,