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producer company registration in india

PRODUCER COMPANY REGISTRATION IN INDIA

Producer Company are those companies who are carrying on any of the following activities:

1. Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of members or import of goods or services for their benefit;

2. Processing including preserving, drying, distilling, brewing, venting, canning and packaging of produce of its members; and

3. Manufacture, sale or supply of machinery, equipment or consumables mainly to its members.

PRODUCER COMPANY REGISTRATION IN INDIA FEATURES

1. The producer company registration in india is treated as a private limited company.

2. These companies are with limited liabilities and limited only by share capital.

3. The maximum number of members can exceed 50.

4. It shall never become a public (or deemed public) limited company.

MINIMUM REQUIREMENTS

1. 5 Directors are Mandatorily Required to Registration a Producer Company in India

2. Minimum Paid up Capital required is Rs. 5 Lacs.

3. Minimum 10 Member are required to Incorporate

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