Address : Casaheb,
- B-4 Spaze It Park, Sohna Road, Gurgaon, Haryana, 122018
- Phone +91-9717076556
- anup@casaheb.in
Producer Company Registration in India
- Annual General Meetings (AGM)
- Board Meetings
- Financial Statements
- Certificate of Incorporation
- Registration Application
- Incorporation Documents
Compliance Requirements
1
Annual General Meetings (AGM):
Conduct AGMs annually to discuss and approve financial
statements and other significant matters.
2
Board Meetings
Hold a minimum of four board meetings each year,
ensuring no gap of more than three months between
meetings.
3
Financial Statements
Maintain accurate financial records and file annual
financial statements and returns with the ROC.
Understanding Producer Company Registration in India
A Producer Company in India is a corporate body formed by
primary producers, such as farmers, artisans, or
agriculturists, to collaboratively engage in activities
related to production, harvesting, processing, procurement,
grading, pooling, handling, marketing, selling, or export of
primary produce. This model empowers producers by providing a
structured platform to enhance their income and access better
market opportunities.
Key Features of a Producer Company
- Membership: A minimum of 10 individual producers (farmers) or at least two producer institutions are required to form a Producer Company.
- Directors: The company must have a minimum of five directors to manage its affairs.
- Capital Requirement: A minimum paid-up capital of ₹5 lakh is mandatory for incorporation.
- Liability: Members have limited liability, meaning their personal assets are protected in case of company debts.
Registration Process
Digital Signatures
Obtain Digital Signature Certificates (DSC) for all proposed
directors.
Director Identification Number (DIN)
Apply for DIN for all directors.
Name Approval
Submit an application to the Ministry of Corporate Affairs
(MCA) for name approval, ensuring the desired name is unique
and adheres to naming guidelines.
Incorporation Documents
Prepare and file the Memorandum of Association (MOA) and
Articles of Association (AOA), outlining the company's
objectives and operational rules.
Registration Application:
File the incorporation application with the Registrar of
Companies (ROC), including all requisite documents and
prescribed fees.
Certificate of Incorporation
Upon verification, the ROC issues a Certificate of
Incorporation, officially recognizing the entity as a
Producer Company.
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