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Producer Company
A NEW CONCEPT
Producer Company Concept
• The new concept of producer
corporations relies on the
recommendations of A knowledgeable
committee LED by noted economic
expert, Y. K. Alagh.
• The committee was asked
following questions:
Producer Company Concept
• (a) To border a legislation that will
change incorporation of cooperatives as
corporations and conversion of existing
cooperatives into corporations and
• b) To confirm that the planned
legislation accommodated the
distinctive components of cooperative
business with a regulative framework
like that of corporations.
Producer Company Concept
• The new kind is termed as `Producer
Company', to point that solely bound
classes of persons will participate
within the possession of such firms.
• The members have essentially to be
`primary producers,' that is, persons
engaged in associate activity connected
with, or associated with, primary turn
out.
What is Primary Run-out?
• In terms of the Act it's a product of farmers
arising from agriculture as well as farming,
gardening, flower gardening, pisciculture,
culture, forestry, forest product, re-
vegetation, bee raising and farming plantation
products:
• turn out of persons engaged in loom,
handicraft and alternative house industries:
by - product of such product; and products
arising out of auxiliary industries.
Objects of Producer Company
b) The objects of producer corporations
shall embrace one or a lot of the eleven
things per the Act, the lot of vital being:
c) Production, harvesting, acquisition,
grading, pooling, handling, marketing,
selling, export of primary turn out of
members or import of products or
services for his or her benefit;
Objects of Producer Company
b. process together with protective,
drying, distilling, brewing, venting,
canning and packaging of turn out of
its members; and
a. Manufacture, sale or provider of
machinery, instrumentation or
consumables chiefly to its members.
Objects of Producer Company
• The other objects embrace rendering
technical or practice services,
insurance, generation, transmission and
distribution of power and betterment of
land and water resources;
• promoting techniques of mutuality and
mutual help; welfare measures and
providing education on mutual
assistance principles.
Objects
Who Can Incorporate PC?
Any of the subsequent combination of
producers will incorporate a producer
company:
• 10 or a lot of producers (individuals); or
• 2 or a lot of producer institutions; or
• A mixture of the on top of (10+2)
Who Can Incorporate PC?
• Solely persons WHO are engaged in or
connected to primary production activity will
be members and homeowners of a Producer
Company.
• These corporations are termed as “Companies
with restricted Liability” and also the liability
of the members are going to be restricted to the
number, if any, unpaid on the shares.
Who Can Incorporate PC?
• The name of the corporate has got to
finish with “Producer Company
Limited”
• For the target of implementation of law
and administration of the corporate, the
Producer Company is treated as a
private ltd.
Grow With Websoftex Software
• WEBSOFTEX NIDHI SOFTWARE is our
nice resolution particularly for NIDHI
Company, with full featured dominant
and automation of NIDHI infrastructure.
• It’s associate account module with
automatic posting of business
knowledge. We offer the centralized info
on-line package for NIDHI
Infrastructure.
Grow With Websoftex Software
• It is our exclusive product in the main
developed for Credit Co-operative
Business.
• It’s worldwide options and well maintained
package for your entire more demand.
• This product is developed for little and
enormous NIDHI Business.
Producer company section, producer company act, producer company under, producer company registration
Producer company section, producer company act, producer company under, producer company registration

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Producer company section, producer company act, producer company under, producer company registration

  • 2. Producer Company Concept • The new concept of producer corporations relies on the recommendations of A knowledgeable committee LED by noted economic expert, Y. K. Alagh. • The committee was asked following questions:
  • 3. Producer Company Concept • (a) To border a legislation that will change incorporation of cooperatives as corporations and conversion of existing cooperatives into corporations and • b) To confirm that the planned legislation accommodated the distinctive components of cooperative business with a regulative framework like that of corporations.
  • 4. Producer Company Concept • The new kind is termed as `Producer Company', to point that solely bound classes of persons will participate within the possession of such firms. • The members have essentially to be `primary producers,' that is, persons engaged in associate activity connected with, or associated with, primary turn out.
  • 5. What is Primary Run-out? • In terms of the Act it's a product of farmers arising from agriculture as well as farming, gardening, flower gardening, pisciculture, culture, forestry, forest product, re- vegetation, bee raising and farming plantation products: • turn out of persons engaged in loom, handicraft and alternative house industries: by - product of such product; and products arising out of auxiliary industries.
  • 6. Objects of Producer Company b) The objects of producer corporations shall embrace one or a lot of the eleven things per the Act, the lot of vital being: c) Production, harvesting, acquisition, grading, pooling, handling, marketing, selling, export of primary turn out of members or import of products or services for his or her benefit;
  • 7. Objects of Producer Company b. process together with protective, drying, distilling, brewing, venting, canning and packaging of turn out of its members; and a. Manufacture, sale or provider of machinery, instrumentation or consumables chiefly to its members.
  • 8. Objects of Producer Company • The other objects embrace rendering technical or practice services, insurance, generation, transmission and distribution of power and betterment of land and water resources; • promoting techniques of mutuality and mutual help; welfare measures and providing education on mutual assistance principles.
  • 10. Who Can Incorporate PC? Any of the subsequent combination of producers will incorporate a producer company: • 10 or a lot of producers (individuals); or • 2 or a lot of producer institutions; or • A mixture of the on top of (10+2)
  • 11. Who Can Incorporate PC? • Solely persons WHO are engaged in or connected to primary production activity will be members and homeowners of a Producer Company. • These corporations are termed as “Companies with restricted Liability” and also the liability of the members are going to be restricted to the number, if any, unpaid on the shares.
  • 12. Who Can Incorporate PC? • The name of the corporate has got to finish with “Producer Company Limited” • For the target of implementation of law and administration of the corporate, the Producer Company is treated as a private ltd.
  • 13. Grow With Websoftex Software • WEBSOFTEX NIDHI SOFTWARE is our nice resolution particularly for NIDHI Company, with full featured dominant and automation of NIDHI infrastructure. • It’s associate account module with automatic posting of business knowledge. We offer the centralized info on-line package for NIDHI Infrastructure.
  • 14. Grow With Websoftex Software • It is our exclusive product in the main developed for Credit Co-operative Business. • It’s worldwide options and well maintained package for your entire more demand. • This product is developed for little and enormous NIDHI Business.