Companies Act, 2013

Section - 378B - Objects of Producer Company

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 itself or through other institution;
(b)-processing including preserving, drying, distilling, brewing, vinting, canning and packaging of produce of its Members;
(c)-manufacture, sale or supply of machinery, equipment or consumables mainly to its Members;
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