What is Producer company registration?

A Producer Company is thus a body corporate having an object that is one or all of the following: production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit.entity from those who invest their capital and labour to run the company.

Usually the first step to form a company is the process known as ‘promotion’ where a person persuades others to contribute capital to a proposed company before it is incorporated . Such a person is called the promoter of the company. Promoters also can enter into a contract on behalf of a company before or after it has been granted a certificate of incorporation, and arrange share issues in the name of the company.

Who can form Producer Company?

• Any 10 or more individual producer, (Minimum 5 directors)
• Any 2 or more producer institution
• A Combination of 10 or more individual producer and producer institutions