12/10/2018 Financial & Legal Services
The main object of a producer company is primary produce. Under this, group of people are involved in primary produce production. The object of Indian Producer Company is specified under Section 581B. For Producer Company Registration in India there is a requirement of minimum 5 directors and maximum 50. There is also a requirement of minimum 10 subscribers. After this, an application is filed for Producer Company registration with the Registrar along with the requisite documents and prescribed fees.