Formation

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2014 One of my client wishes to establish a Milk Dairy Plant where he will purchase milk from more than 5000 farmers and in return he will give membership and shares to them. At the end of year he will also distribute profits to them.
So my question is in which form we should go with: whether public ltd. co. or society or any thing else.
The controlling stake should be in my clients hands only.

So please guide me.

Arpit Shah

Arpit Shah (Expert)
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06 March 2014 This concept is like what was adopted by the Amul Co-Operative Society. However, if your client does not want to dilute control then there is no option but to offer equity shares , with a major stake left over for the promoter.

Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2014 Thank you arpit.

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Querist : Anonymous

Querist : Anonymous (Querist)

12 March 2014 Now whether public ltd. co. or producer company is to be formed in this case ?