Companies Act — Section 378F

378F. Memorandum of Producer Company.—The memorandum of association of every Producer

Company shall state—

(a) the name of the company with "Producer Company Limited" as the last words of the name of

such Company;

(b) the State in which the registered office of the Producer Company is to situate;

(c) the main objects of the Producer Company shall be one or more of the objects specified in

section 378B;

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(d) the names and addresses of the persons who have subscribed to the memorandum;

(e) the amount of share capital with which the Producer Company is to be registered and division

thereof into shares of a fixed amount;

(f) the names, addresses and occupations of the subscribers being producers, who shall act as the

first directors in accordance with sub-section (2) of section 378J;

(g) that the liability of its members is limited;

(h) against the subscriber's name, the number of shares each subscriber takes:

Provided that no subscriber shall take less than one share;

(i) that in case the objects of the Producer Company are not confined to one State, the States to

whose territories the objects extend.