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1) The Producer company shall consist of member of FGs/PGs/KCs/UGs/LGs/SHGs/ or any type of producers groups/individual producers whether incorporated or not and to any producer person sincerely engaged in providing any organizational, technical or financial assistance to above producers groups.
1) A member of any producer groups/farmers groups/learning group/kisan club/ self help groups/water user groups or any non member / individual belong to the above category of producer or farmer desirous to becoming a member shall subscribe at least one share to the producer company.
2) Member who didn’t declared defaulter in repayment or any advances or loan or services taken from the Producers Company or similar institution and don’t have the possibility or repeat such act again and same guaranteed by the any member of the producer company, if already exists in the same area.
1) Every Member shall initially receive only such value for the produces supplied to the Producer Company as the Board may determine, and the with held price may be disbursed at a later date during the financial year, in cash or in kind or by allotment of equity shares, in proportion to the value of various produces supplied to the Producer Company to such extent and in such manner and subject to such conditions as may be decided by the Board.