Producer Company registrations can be struck off for failing to commence business, ceasing member transactions, or breaching mutual assistance principles. The Registrar may order striking off a Producer Company that fails to commence business within one year, ceases to transact with members, or is no longer carrying on specified objects after inquiry; such an order requires a notice to show cause and a reasonable opportunity to be heard. The Registrar may also strike off where a company is not maintaining the specified mutual assistance principles. A member aggrieved may appeal to the Tribunal within sixty days, and an appeal suspends the strike-off until disposed.
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 registrations can be struck off for failing to commence business, ceasing member transactions, or breaching mutual assistance principles.
The Registrar may order striking off a Producer Company that fails to commence business within one year, ceases to transact with members, or is no longer carrying on specified objects after inquiry; such an order requires a notice to show cause and a reasonable opportunity to be heard. The Registrar may also strike off where a company is not maintaining the specified mutual assistance principles. A member aggrieved may appeal to the Tribunal within sixty days, and an appeal suspends the strike-off until disposed.
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