A company owned and controlled by primary producers. The structure behind most Farmer Producer Organisations, combining corporate governance with cooperative principles.
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TIMELINE
20 to 30 working days
MINIMUM MEMBERS
10 individual producers
GOVERNED BY
Companies Act, 2013
BEST FOR
Farmer Producer Organisations
What is included
Digital Signature Certificates for directors
Name reservation with the MCA
Drafting of objects, MOA and AOA
SPICe+ incorporation filing
Certificate of Incorporation
Company PAN and TAN
Guidance on member eligibility and governance structure
Documents you will need
From every member and director
PAN card
Aadhaar card
Passport size photograph
Address proof not older than two months
Proof of being a primary producer, such as land records
For the registered office
Latest utility bill for the premises
Rent agreement, if rented
No Objection Certificate from the owner
How the filing runs
Confirm eligibility
Every member must be a primary producer. We verify member eligibility first, because the Registrar examines this closely.
Name and objects
The name is reserved and the objects are drafted around permitted producer activities such as procurement, processing, grading and marketing.
Incorporation filing
SPICe+ is filed with member and director details, MOA and AOA.
Governance setup
Board structure, member registers and the patronage based distribution framework are put in place.
Membership eligibility is where applications fail
A Producer Company can only have primary producers as members, meaning people engaged in production of primary produce. Applications are routinely queried where member documentation does not establish that clearly. Land records, farmer identity documents or evidence of the production activity should be assembled before filing rather than in response to a query, because a query adds weeks to an already long timeline.
Only primary producers, either as individuals or as producer institutions. Non producers cannot hold membership, which is the defining restriction of the structure.
A Producer Company is registered under company law with corporate governance and nationwide operation, while a cooperative society is registered under state law with heavier state control.