{"id":81641,"date":"2023-11-28T14:55:23","date_gmt":"2023-11-28T09:25:23","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?post_type=act&#038;p=81641"},"modified":"2023-11-28T14:55:25","modified_gmt":"2023-11-28T09:25:25","slug":"section-378b","status":"publish","type":"act","link":"https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-378b\/","title":{"rendered":"Section 378B. Objects Of Producer Company"},"content":{"rendered":"\n<p><strong><span id='easy-footnote-1-81641' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-378b\/#easy-footnote-bottom-1-81641' title='Ins. by Act 29 of 2020, s. 52 (w.e.f. 11-2-2021).'><sup>1<\/sup><\/a><\/span>[378B. Objects of Producer Company.&#8211;<\/strong>(1) The objects of the Producer Company shall relate to all or any of the following matters, namely:&#8211;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(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:<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Provided that the Producer Company may carry on any of the activities specified in this clause either by itself or through other institution;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(b) processing including preserving, drying, distilling, brewing, vinting, canning and packaging of produce of its Members;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(c) manufacture, sale or supply of machinery, equipment or consumables mainly to its Members;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(d) providing education on the mutual assistance principles to its Members and others;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(e) rendering technical services, consultancy services, training, research and development and all other activities for the promotion of the interests of its Members;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(f) generation, transmission and distribution of power, revitalisation of land and water resources, their use, conservation and communications relatable to primary produce;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(g) insurance of producers or their primary produce;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(h) promoting techniques of mutuality and mutual assistance;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(i) welfare measures or facilities for the benefit of Members as may be decided by the Board;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(j) any other activity, ancillary or incidental to any of the activities referred to in clauses&nbsp;<em>(a)<\/em>&nbsp;to&nbsp;<em>(i)<\/em>&nbsp;or other activities which may promote the principles of mutuality and mutual assistance amongst the Members in any other manner;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(k) financing of procurement, processing, marketing or other activities specified in clauses&nbsp;<em>(a)<\/em>&nbsp;to (j) which include extending of credit facilities or any other financial services to its Members.&#8221;.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(2) Every Producer Company shall deal primarily with the produce of its active Members for carrying out any of its objects specified in this section.]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>[378B. Objects of Producer Company.&#8211;(1) The objects of the Producer Company shall relate to all or any of the following matters, namely:&#8211; (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 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":79763,"parent":79755,"menu_order":0,"template":"","format":"standard","meta":[],"categories":[11445],"tags":[1007],"acf":{"service_id":"215"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Section 378B. Objects Of Producer Company - Enterslice<\/title>\n<meta name=\"description\" content=\"Explore the significance of Section 378B: Objects of Producer Company. 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