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A Producer Company Registration in India allows a collective group of farmers or producers to participate together in the production, marketing, and distribution of goods or services. This legal organization aims to empower farmers by offering improved access to resources, markets, and profits. The Companies Act, 1956 mandates that the registration process needs at least 10 members or two institutions. It guarantees restricted accountability, expert administration, and various tax advantages, ultimately fostering rural well-being and economic expansion.
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