TMI BlogPRODUCER COMPANIESX X X X Extracts X X X X X X X X Extracts X X X X ..... 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: (b) processing including preserving, drying, distilling, brewing, vinting, canning and packaging of produce of its Members; (c) manufacture, sale or supply of machinery ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vities referred to in clauses (a) to (i) above; (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. Formation of Producer Company and its registration- Section 581C Any ten or more individuals, each of them being a producer or any two or mo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Benefits to Members - Section 581E Every Member shall initially receive only such value for the produce or products pooled and supplied as the Board of Producer Company may determine, and the withheld price may be disbursed later in cash or in kind or by allotment of equity shares, in proportion to the produce supplied to the Producer Company during the financial year to such extent and in su ..... X X X X Extracts X X X X X X X X Extracts X X X X
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