Producer company definitions clarify member categories, officer roles, financial terms, and the scope of primary produce. This Part defines terms for Producer Companies: membership categories (including 'active Member' and 'Producer institution'), officers (including Chief Executive), financial concepts ('limited return', 'withheld price', 'patronage bonus'), and operational concepts ('patronage'). It defines primary produce to include agricultural and allied activities, handloom and cottage industry produce, by-products, ancillary activities that assist those activities, and activities aimed at increasing or improving such production; 'producer' means a person engaged in activities connected to primary produce. 'Inter-State co-operative society' is aligned with the Multi-State Co-operative Societies Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Producer company definitions clarify member categories, officer roles, financial terms, and the scope of primary produce.
This Part defines terms for Producer Companies: membership categories (including "active Member" and "Producer institution"), officers (including Chief Executive), financial concepts ("limited return", "withheld price", "patronage bonus"), and operational concepts ("patronage"). It defines primary produce to include agricultural and allied activities, handloom and cottage industry produce, by-products, ancillary activities that assist those activities, and activities aimed at increasing or improving such production; "producer" means a person engaged in activities connected to primary produce. "Inter-State co-operative society" is aligned with the Multi-State Co-operative Societies Act.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
