Membership Eligibility
The Company may have been individual producers or producer intuitions or a combination of both as its Members as decided by the board.
A. Qualifications and procedure for obtaining membership
- An individual Producer or Producer Intuitions engaged in production of milk from milch animals owned by him/it and responsible for the care and management of cow(s) and buffalo(es) would be eligible for applying for Membership of the Company. Membership shall be limited to only one producer from each household.
- An individual Producer or a Producer Intuitions desirous of becoming a Member of the Company shall apply in prescribed application form to the Company and undertake in writing to abide by the provisions of the Memorandum and the Articles of Association of the Company.
- In Addition, He/it will pay a non-refundable admission fee Rs.100/- for male members and admission fee for a women is Rs. 50/-. Subscribe to minimum five equity shares (Rs.100/- each share) of the company and satisfy other condition laid down by the Board from time to time.
- No person, shall become a member of the Company, If:
a) he/she has any business interest which is in conflict with business of the Company, or
b) He / she was in employment of Company directly on its rolls or through a contractor or employed on a contractual basis with the Company for not less than consecutive six months in any of the two financial years. Immediately preceding the financial year or during the current financial year in which he/she is proposed to be enrolled.
b) He / she was in employment of Company directly on its rolls or through a contractor or employed on a contractual basis with the Company for not less than consecutive six months in any of the two financial years. Immediately preceding the financial year or during the current financial year in which he/she is proposed to be enrolled.
- Such an individual Producer or a Producer Institution shall become a Member after the Board of Directors passes a resolution accepting hi/its admission as a member. The effective date of membership shall be from the date on which membership is approved by the Board.
- Membership is limited to only one milk producer from each household who is of the age exceeding 18 years.
- To undertake to supply good quality milk according to the quality standards laid down by the Company from time to time.
- To undertake not to engage in trading of milk other than own produce.
- Such other conditions as may be prescribed by the Board from time to time.
B. Conditions for continuation and cancellation of Membership
- Membership shall continue as long as a Member does not fail to meet the criteria as may be prescribed by the Board from time to time. In addition, the Member is not eligible to continue as a Member, If:
a) The member is engaged in production of milk from milch animals owned by him and responsible for the care and management of cow(s) and buffalo(es). The member is not indulging in an act which is detrimental to the functioning of the Company as also which is against the interest of the Company.
b) The member has supplied milk for at least 200 days during the previous financial year and poured a minimum of 500 litres of milk annually.
c) The member has subscribed for shares matching the annual quantity of milk supplied.
d) The total milk supplied to the Company during the winter months namely November to February shall not exceed three times the milk supplied during the summer months namely April to July during the previous financial year.
e) The milk supplied by the member has met all the quality standards as stipulated by the Company from time to time.
f) Such other conditions as may be prescribed by the Board from time to time.
b) The member has supplied milk for at least 200 days during the previous financial year and poured a minimum of 500 litres of milk annually.
c) The member has subscribed for shares matching the annual quantity of milk supplied.
d) The total milk supplied to the Company during the winter months namely November to February shall not exceed three times the milk supplied during the summer months namely April to July during the previous financial year.
e) The milk supplied by the member has met all the quality standards as stipulated by the Company from time to time.
f) Such other conditions as may be prescribed by the Board from time to time.
- Any Member who is not eligible to continue as a Member shall be served a written notice by the Company for removal as Members and given an opportunity of being heard. The Member would need to reply to the notice within the stipulated period as specified in the notice. Such notice shall be sent by registered post to the Member at his last known address and be deemed to the served five days after posting. Therefore, the Board shall tale a decision in the matter.
C. The criteria for categorizing members into different classes
Categorization the members into different classes based on patronage
Sl. No. | Parameter | Class – A | Class – B | Class – C* |
---|---|---|---|---|
1. | No. of days of milk supplied to the MPC in a year | >=330 | >=300 | >=200 |
2. | Annual Milk Quantity supplied to the MPC (in litres) | >=12000 | >=6000 | >=500 |
3. | Milk quantity supplied during Winter months namely November to February to that of the milk quantity supplied during Summer months namely April to July during a financial year; | winter to summer ratio shall not exceed 3.0 | winter to summer ratio shall not exceed 3.0 | winter to summer ratio shall not exceed 3.0 |
4. | Minimum number of MPC shares, with the face value of Rs 100/- per share, subscribed | 120 shares | 60 shares | 5 shares |
Note –
a) The actual share contribution or the actual milk quantity supplied, whichever is lower, will be considered for the purpose of arriving at the categorization of class.
b) For the purpose of patronage calculation, the following shall be considered:
i) Members who have been admitted during the previous financial year and have not yet completed 365 days of their membership but have subscribed the minimum required share capital for the class chosen by them shall be considered to belong to that class.
ii) Any member who will not meet the criteria under Class A or Class B may slide to an appropriate lower class for which the member meets the criteria. However, they will not be eligible to contest for the Board of Directors position for that year.
iii) Those members who are not fulfilling the required criteria to retain at least ‘Class C’ will be issued notice for cancellation of membership as per the provisions of Article 4.3 read with Article 8 of the Articles of Association of the Company.”
a) The actual share contribution or the actual milk quantity supplied, whichever is lower, will be considered for the purpose of arriving at the categorization of class.
b) For the purpose of patronage calculation, the following shall be considered:
i) Members who have been admitted during the previous financial year and have not yet completed 365 days of their membership but have subscribed the minimum required share capital for the class chosen by them shall be considered to belong to that class.
ii) Any member who will not meet the criteria under Class A or Class B may slide to an appropriate lower class for which the member meets the criteria. However, they will not be eligible to contest for the Board of Directors position for that year.
iii) Those members who are not fulfilling the required criteria to retain at least ‘Class C’ will be issued notice for cancellation of membership as per the provisions of Article 4.3 read with Article 8 of the Articles of Association of the Company.”