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Producer Company

 About Shops and Establishment Registration
Shop and Establishment Act. Has been formed for regulating the working conditions, working hours, payment of wages, rules and records of employees working in a shop and commercial establishments.
For the purpose of this act, Shop means any premises where any business, retail or wholesale, is carried on and includes offices, shops and warehouses. While Commercial Establishments means any remises, not including shop and factory, where any business, work or manufacturing is carried on for the purpose of profit.
What is a producer company?
A Producer Company is a company registered the objective of agriculture production, post harvesting processing activities, procurement, selling and distribution, export of primary produce of the Members or import of goods for their benefit.
India is an agriculture based country with around 62% of its people depending directly or indirectly upon agriculture.
Indian farmers are completely unorganized, so they are not able to use the latest technologies in the agricultural sector production. the main reason of Farmer suicides account for 12 % of all suicides in India.
Producers company aimed at the empowering farmers by creating a registered body of farmers as Producer company and this will help them to use the latest technology and reduce the cost of agriculture harvesting.
Package includes following:
5 DSC & 5  DINs
Name Reservation
MoA & AoA
MCA Govt. Fees
CIN No
The requirement for Registering a producer company?
Minimum 5 directors.
Minimum 10 members.
Minimum paid-up capital Rs. 5 Lac.
There no restriction on the maximum number of members.
Producer company can not be deemed as public company.
A Producer Company can have only equity share capital.
The First annual general should be held within 90 days from the of registration.
Documents Required
From All Directors and Shareholder.
PAN Card or Passport or Election ID Card
Latest Bank Statement/Telephone or Mobile Bill
Voter's ID/Passport/Driver's License
Passport-sized photograph of all directors and shareholder
Scan copy of Signature (signature should same as on PAN Card)
For Proposed Registered office (Residential or commercial)
Any Utility bills
Scan copy of Rent agreement with NOC from owner

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