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of <h1>Inter-State Co-op Societies Can Register as Producer Companies Under Companies Act, 1956 with Two-Thirds Member Approval</h1> Inter-State co-operative societies with objectives beyond one state can apply for registration as Producer Companies under the Companies Act, 1956. The application must include a special resolution with at least two-thirds member approval, details of directors and members, a statement of activities aligning with section 581B, and a declaration of accuracy. Upon meeting these requirements, the Registrar certifies the registration within 30 days. Once registered, the society transforms into a Producer Company, adopting the name 'Producer Company Limited,' and is governed by the new provisions, with no legal claims arising from the transformation. The previous registration is deleted.
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