{"id":11095,"date":"2021-03-12T15:32:53","date_gmt":"2021-03-12T10:02:53","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=11095"},"modified":"2021-10-03T11:42:07","modified_gmt":"2021-10-03T06:12:07","slug":"moa-and-aoa-of-a-producer-company","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/","title":{"rendered":"MOA AND AOA OF A PRODUCER COMPANY"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6acd4a5bb1452\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6acd4a5bb1452\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#Memorandum_of_Association_and_Articles_of_Association_of_A_Producer_Company\" >Memorandum of Association and Articles of Association of A Producer Company<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#Memorandum_of_A_Producer_Company\" >Memorandum of A Producer Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#Articles_of_Association_of_A_Producer_Company\" >Articles of Association of A Producer Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#AMENDMENT_OF_MEMORANDUM_OF_ASSOCIATION\" >AMENDMENT OF MEMORANDUM OF ASSOCIATION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#AMENDMENT_ON_ARTICLES_OF_ASSOCIATION\" >AMENDMENT ON ARTICLES OF ASSOCIATION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#FAQ_ON_PRODUCER_COMPANY\" >FAQ ON PRODUCER COMPANY<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#Q1-_can_a_producer_company_change_its_registered_office_from_one_state_to_another\" >Q1- can a producer company change its registered office from one state to another?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#Q2-_what_is_the_time_limit_to_file_the_altered_copy_of_the_memorandum_or_articles_to_the_registrar\" >Q2- what is the time limit to file the altered copy of the memorandum or articles to the registrar?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#Q3-_can_members_add_any_matter_by_special_resolution_in_the_memorandum_of_association\" >Q3- can members add any matter by special resolution in the memorandum of association?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/moa-and-aoa-of-a-producer-company\/#Q4-can_a_producer_company_alters_its_memorandum\" >Q4-can a producer company alters its memorandum?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/download-5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-11042\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/download-5.jpg\" alt=\"www.carajput.com; MOA and AOA of Producer Company\" width=\"830\" height=\"465\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Memorandum_of_Association_and_Articles_of_Association_of_A_Producer_Company\"><\/span><span style=\"color: #000080;\"><em><u>Memorandum of Association and Articles of Association of A Producer Company<\/u><\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Producer companies mean the companies which are registered under the companies act,2013 and it is formed by<\/p>\n<p style=\"padding-left: 40px;\">(A) by any 10 or more individual every individual should be a producer<\/p>\n<p style=\"padding-left: 40px;\">(B) 2 or more producer institution<\/p>\n<p style=\"padding-left: 40px;\">(C) combination of 10 or more individual and more producer institution and the things which have been produced through farming activities.<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/pro.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-11054\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/pro.png\" alt=\"www.carajput.com; MOA and AOA of Producer Company\" width=\"829\" height=\"1102\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/pro.png 276w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/pro-226x300.png 226w\" sizes=\"auto, (max-width: 829px) 100vw, 829px\" \/><\/a><\/p>\n<p>Memorandum of association and articles of association of producer <a href=\"https:\/\/carajput.com\/blog\/tag\/process-of-company-registration-in-india\/\">company<\/a> shall be duly signed by the registrar and required to be presented to registrar of the state where the producer <a href=\"https:\/\/www.caindelhiindia.com\/blog\/corporate-and-professional-update-jan-09-2017\/\">company registered<\/a> office is to be situated.<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-11060\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/2.png\" alt=\"www.carajput.com; MOA and AOA of Producer Company\" width=\"959\" height=\"787\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/2.png 959w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/2-300x246.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/2-768x630.png 768w\" sizes=\"auto, (max-width: 959px) 100vw, 959px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Incorporation-of-Producer-Company.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-11052\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Incorporation-of-Producer-Company-1024x768.png\" alt=\"www.carajput.com; Incorporation of Producer company\" width=\"830\" height=\"623\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Incorporation-of-Producer-Company-1024x768.png 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Incorporation-of-Producer-Company-300x225.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Incorporation-of-Producer-Company-768x576.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Incorporation-of-Producer-Company.png 1200w\" sizes=\"auto, (max-width: 830px) 100vw, 830px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Minimum-Eligibility-Criteria-for-Farmers-Producer-Company.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-11051\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Minimum-Eligibility-Criteria-for-Farmers-Producer-Company-1024x1024.png\" alt=\"www.carajput.com; Requirement for of Producer company\" width=\"832\" height=\"832\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Minimum-Eligibility-Criteria-for-Farmers-Producer-Company-1024x1024.png 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Minimum-Eligibility-Criteria-for-Farmers-Producer-Company-150x150.png 150w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Minimum-Eligibility-Criteria-for-Farmers-Producer-Company-300x300.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Minimum-Eligibility-Criteria-for-Farmers-Producer-Company-768x768.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/Minimum-Eligibility-Criteria-for-Farmers-Producer-Company.png 1200w\" sizes=\"auto, (max-width: 832px) 100vw, 832px\" \/><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Memorandum_of_A_Producer_Company\"><\/span><span style=\"color: #000080;\"><em><u>Memorandum of A Producer Company<\/u><\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>MoA of the association shall state-<\/p>\n<ul>\n<li>\u201cproducer company limited&#8221; must be mentioned at the end of the producer company name.<\/li>\n<li>Mention the state in which the registered office is situated of the producer company.<\/li>\n<li>The name, address, and occupations of persons who have subscribed to the memorandum should be mentioned<\/li>\n<li>Amount of the share capital which the producer company is to be registered and division of shares should be mentioned.<\/li>\n<li>Names, address, occupation of the subscribers as producers whose name is mentioned as a first director.<\/li>\n<li>of shares are mentioned on the opposite subscriber name are mentioned who subscribed for that.<\/li>\n<li>If the object of the producer company is not limited to the state then mention the state to which it extends.<\/li>\n<\/ul>\n<p>Read more:\u00a0<em><a href=\"https:\/\/carajput.com\/blog\/procedures-for-conversion-of-partnership-firm-to-private-company\/\">Procedures for the conversion of partnership firm into Private limited company<\/a><\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Articles_of_Association_of_A_Producer_Company\"><\/span><span style=\"color: #000080;\"><em><u>Articles of Association of A Producer Company<\/u><\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>AOA shall contain the following principles namely-<\/p>\n<ul>\n<li>Membership of the producer company shall be voluntary and available to all the eligible persons who can participate or get the facility of the producer company.<\/li>\n<li>Each member has a single vote irrespective of their holding of shares.<\/li>\n<li>producer company shall be administered by a board of directors and the board of directors is accountable to the members.<\/li>\n<li>There shall be a limited return on the share capital.<\/li>\n<li>Any surplus of the operation are distributed in the following manner-<\/li>\n<\/ul>\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li>Development of business of the producer company.<\/li>\n<li>Providing common facilities.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<ul>\n<li>Distributing among the members.<\/li>\n<li>Provisions shall be made for the members and the employees.<\/li>\n<li>The producer company shall actively cooperate with the other producer company.<\/li>\n<li>Qualification of members.<\/li>\n<li>Condition of continuance and cancellation of membership of members.<\/li>\n<li>Manner of distribution of patronage bonus in cash or equity shares.<\/li>\n<li>Contribution to be shared by members and related matters thereof.<\/li>\n<li>Manner of distribution of bonus shares out of general reserves.<\/li>\n<li>Basis and manner of allotment of equity shares of the producer company.<\/li>\n<li>Credit, loans, advances may be granted to the members.<\/li>\n<li>Manner of determining the withheld price.<\/li>\n<li>Right of members to obtain the general information for the business.<\/li>\n<li>Authorization of division, mergers, amalgamations creation of subsidiaries, entering into joint ventures.<\/li>\n<li>Any other matter which the member wants to enter in articles.<\/li>\n<li>Manner of distribution and disposal of funds.<\/li>\n<\/ul>\n<p>Read Also: <em><a href=\"https:\/\/carajput.com\/blog\/conversion-of-llp-into-company-limited-by-shares\/\">Conversion of LLP into Company Limited by Shares<\/a><\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"AMENDMENT_OF_MEMORANDUM_OF_ASSOCIATION\"><\/span><span style=\"color: #000080;\"><strong><em><u>AMENDMENT OF MEMORANDUM OF ASSOCIATION<\/u><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>The producer company cannot alter its memorandum except the mode and to the extent to which the express provision is made in the act.<\/li>\n<li>Producer company may by special resolution alter its object.<\/li>\n<li>Copy of the amended memorandum of association along with the copy of a special resolution duly certified by two directors filed with the registrar within 30 days of the adoption.<\/li>\n<li>Alteration of change of place of registered office from one state to another shall not take effect unless it is confirmed by the company law board on the petition.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"AMENDMENT_ON_ARTICLES_OF_ASSOCIATION\"><\/span><span style=\"color: #000080;\"><strong><em><u>AMENDMENT ON ARTICLES OF ASSOCIATION<\/u><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>amendment of articles shall be made by not less than two-thirds of elected directors or by not less than one\u2013third of members and adopted by the members by a special resolution.<\/li>\n<li>Copy of the amended articles along with the copy of a special resolution duly certified by the special resolution filed with the registrar within 30 days of its adaptation.<\/li>\n<\/ol>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/coops-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-11053\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/coops-1.jpg\" alt=\"www.carajput.com; Producer company V\/s Corporations\" width=\"975\" height=\"741\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/coops-1.jpg 975w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/coops-1-300x228.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/coops-1-768x584.jpg 768w\" sizes=\"auto, (max-width: 975px) 100vw, 975px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/farmer-producer-company.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-11045\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/farmer-producer-company.jpg\" alt=\"www.carajput.com; Producer company V\/s Producer cooporations\" width=\"832\" height=\"625\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/farmer-producer-company.jpg 638w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2021\/03\/farmer-producer-company-300x225.jpg 300w\" sizes=\"auto, (max-width: 832px) 100vw, 832px\" \/><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQ_ON_PRODUCER_COMPANY\"><\/span><span style=\"color: #ff0000;\"><strong><em><u>FAQ ON PRODUCER COMPANY<\/u><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Q1-_can_a_producer_company_change_its_registered_office_from_one_state_to_another\"><\/span><span style=\"color: #000080;\"><strong>Q1- can a producer company change its registered office from one state to another?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Yes, the producer company can change its registered office from one state to another but it will take effect only after it is confirmed by the company law board.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Q2-_what_is_the_time_limit_to_file_the_altered_copy_of_the_memorandum_or_articles_to_the_registrar\"><\/span><span style=\"color: #000080;\"><strong>Q2- what is the time limit to file the altered copy of the memorandum or articles to the registrar?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Within 30 days of the adaptation of the memorandum or articles filed with the registrar.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Q3-_can_members_add_any_matter_by_special_resolution_in_the_memorandum_of_association\"><\/span><span style=\"color: #000080;\"><strong>Q3- can members add any matter by special resolution in the memorandum of association?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>yes, members through special resolution add matters in the memorandum of association.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Q4-can_a_producer_company_alters_its_memorandum\"><\/span><span style=\"color: #000080;\"><strong>Q4-can a producer company alters its memorandum?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>A producer company can only alter its memorandum only by the mode or express provisions of the act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Memorandum of Association and Articles of Association of A Producer Company Producer companies mean the companies which are registered under the companies act,2013 and it is formed by (A) by any 10 or more individual every individual should be a producer (B) 2 or more producer institution (C) combination of 10 or more individual and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[208],"tags":[9800],"class_list":["post-11095","post","type-post","status-publish","format-standard","hentry","category-company-registration","tag-moa-and-aoa-of-a-producer-company"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2 - aioseo.com -->\n\t<meta name=\"description\" content=\"FAQ on Producer Company, Memorandum of A Producer Company, Articles of Association of A Producer Company, MOA and Articles of Association of A Producer Company\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Rajput Jain &amp; Associates\"\/>\n\t<meta name=\"keywords\" content=\"moa and aoa of a producer company,company registration\" \/>\n\t<link rel=\"canonical\" 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