Producer Company Registration in Jaipur

A Producer Company in Jaipur is majorly involved in the production, harvesting, procurement, grading, pooling, handling, marketing, selling, exporting, primary produce of the members, or imports of goods or services.

A company formed under the Companies Act 2013 and carrying on the activities as mentioned in section 581B of Companies Act 1956. These activities include-

  1. Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export, and import of the primary produce of the members of the producer company. 

  2. Processing of produce. Processing includes preserving, drying, distilling, brewing, venting, canning, and packing of the produce of the members of the producer company. 

  3. Sale, supply, and manufacture of plants, machinery, and equipment. It also includes consumables for the members. 

  4. Providing insurance to the member producers and their produce. 

  5. Generation, transmission, and distribution of power. The usage and conservation of land and water resources.

  6. Providing technical services, consultancy, training, research and development, and other activities for the benefit of the members.

A producer company when they have 10 or more producers and 5 directors with a minimum capital of Rs. 5,00,000/-. Thereafter, there are a few objections stated by the government for producer companies, that can be read under the Section 581B of the Companies Act, 1956.

Producer Company Registration in Jaipur

benefits of registering producer companies in Jaipur

Limited Liability

The members of a Producer Company in Jaipur have unlimited liability as the company is an entity itself. Members’ liability is limited to their share capital, providing financial security.

Business Activities

Producer Companies can engage in a wide range of activities related to production, harvesting, procurement, grading, pooling, handling, marketing, and more.

Separate Legal Entity

An entity is registered it is born in the eyes of law which means it is separate from its owners, Directors, Managers, shareholders and employees etc.  

Beneficial for Members

member can only receive the value of the produce as decided by the Board. The  price may be disbursed after some time in form of cash or by  shares

Documents required to register a Producer Company in Jaipur

  • Identity Proof of the Member and Directors of the proposed Company
     (Aadhar /Voter ID/Driving License/Passport)
  • Address Proof the Member and Directors
    (Utility Bill/Telephone Bill/Mobile Bill/Bank Statement not older than two months)
  • Business Address Proof
    Owned Property : (Copy of Registry and Latest Govt. Electricity Bill or Water Bill)
  • PAN Card of the Member and Directors of the proposed Company
  • Latest passport size photograph of Member and Directors
  • Producer Card of Members
  • Producer Card of Members

Process to obtain Producer Company in Jaipur

  • Obtain DSC (Digital Signature Certificate)-The first step is to obtain DSC for all the proposed directors in a company. DSC is required to sign the documents electronically. It is issued by the certifying authority.
  • Obtain DIN (Director Identification Number)-The next step is to obtain DIN (Director Identification Number) by all the proposed directors in a company. Now DIN can be obtained directly through SPICE Form and there is no need to file a separate form.
  • Name Approval Application-For registering the Producer Company name, an application is filed with the prescribed fee in RUN (Reserve Unique Name) form with the registrar of companies. On application, ROC verifies the name availability.
  • Incorporation Application-After obtaining name approval, an incorporation application is filed in SPICE form along with the necessary documents such as MOA, AOA, affidavit, and declaration with the concerned Registrar of Companies. After verification of the incorporation form, Certificate of Incorporation is issued by the ROC

Producer Company Registration In Jaipur FAQ's

Q1: Can a Producer Company engage in activities beyond agriculture?

Yes, a Producer Company can engage in various activities related to agriculture and allied sectors, such as processing, marketing, and selling of agricultural produce.

Q2: What are the benefits of registering a Producer Company in Jaipur?

Registering a Producer Company in Jaipur can lead to increased bargaining power, better access to resources, and improved livelihoods for primary producers in the region.

Q3: Who can be Director in producer company?

Any person who is above 18 and is involved in farming activities can be a director in a producer company.

Q4: Is a Producer Company eligible for government subsidies and support?

Yes, registered Producer Companies may be eligible for various government schemes, grants, and subsidies aimed at supporting agricultural and rural development.

Q5: Is it necessary to obtain DIN for all the directors?

Yes, DIN is the director identification number that is given to the existing and proposed directors.

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