Formation


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 March 2014 One of my client wishes to establish a Milk Dairy Plant where he will purchase milk from more than 5000 farmers and in return he will give membership and shares to them. At the end of year he will also distribute profits to them.
So my question is in which form we should go with: whether public ltd. co. or society or any thing else.
The controlling stake should be in my clients hands only.

So please guide me.

Arpit Shah (Expert)
06 March 2014 This concept is like what was adopted by the Amul Co-Operative Society. However, if your client does not want to dilute control then there is no option but to offer equity shares , with a major stake left over for the promoter.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 March 2014 Thank you arpit.


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 March 2014 Now whether public ltd. co. or producer company is to be formed in this case ?


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details