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Home Acts & Rules Companies Law Acts Companies Act, 2013 Chapters List Part II INCORPORATION OF PRODUCER COMPANIES AND OTHER MATTERS This
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Section 378B - Objects of Producer Company - Companies Act, 2013

Extract

..... 1[PART II INCORPORATION OF PRODUCER COMPANIES AND OTHER MATTERS Objects of Producer Company. 378B. (1) The objects of the Producer Company shall relate to all or any of the following matters, namely:- ‘‘(a) production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit: Provided that the Producer Company may carry on any of the activities specified in this clause either by .....

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Section 378B - Objects of Producer Company - Companies Act, 2013

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..... other activities which may promote the principles of mutuality and mutual assistance amongst the Members in any other manner; (k) financing of procurement, processing, marketing or other activities specified in clauses (a) to (j) which include extending of credit facilities or any other financial services to its Members.’’. (2) Every Producer Company shall deal primarily with the produce of its active Members for carrying out any of its objects specified in this section.] *********** .....

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Section 378B - Objects of Producer Company - Companies Act, 2013

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