Practical Institutional Support
Seven operational solutions for Producer Companies.
Organized around the real statutory, financial, and governance bottlenecks FPCs encounter daily. We connect legal mandates with practical field execution.
60-Second FPC Statutory Compliance Health-Check
Evaluate your Producer Company's standing across the 5 most critical statutory checkpoints.
Are all farmer share certificates issued with distinctive numbers and entered in the Register of Members (Form MGT-1)?
Has your Board held at least 4 meetings in the past financial year with properly drafted and signed physical minutes books?
Is your accounting maintained in double-entry software (e.g. Tally Prime) with separate member-wise procurement and sales books?
Are your statutory annual returns (Form AOC-4, MGT-7/7A, and Director DIR-3 KYC) filed up to date without backlogs?
Are SFAC Matching Equity or NABARD grants accounted for as non-distributable Capital Reserve under AS 12 (rather than P&L income)?
Operational Breakdown
Bottlenecks, documents, and foundation deliverables
Every service area outlines the common field problem, what documents your FPC must assemble, and the exact corrective deliverables provided by Vihara Foundation.
Formation & Initial Setup
Verification of farmer member eligibility, specialized MoA drafting, and filing INC-20A for commencement of business.
Membership & Share Records
Share capital regularization, distinctive numbering allocation, and legal transmission registers under Section 378ZB.
Thousands of share applications collected without distinctive numbers, missing Register of Members (MGT-1), unissued share certificates, and confusion when a member dies.
- Member share application forms & payment receipts
- Bank deposit vouchers for share capital collection
- Nominee declaration and death certificates (for transfers)
- Board resolutions approving allotment batches
- Reconstruction of statutory Register of Members (Form MGT-1)
- Distinctive numbering allocation & folio generation master
- Drafting Board allotment and certificate issuance resolutions
- Transmission protocol to legal heirs or buyback under Section 378ZB
Board & CEO Governance
Practical secretarial guidance for AGM notices, board meeting agendas, statutory minutes, and director KYC compliance.
Accounting & Financial Management
Deploying standard agricultural double-entry accounting and member procurement tracking in Tally Prime.
Income Tax, GST & TDS Advisory
Section 115BAA corporate tax adoption, member patronage bonus structuring, and statutory tax audit defense.
Grants & Audit Readiness
Grant sanction documentation, Accounting Standard 12 Capital Reserve treatment, and 14-head UC audit preparation.
Business Planning & Working Capital
Bankable Detailed Project Reports (DPRs), cash-flow forecasting, and mandi margin modeling for credit linkages.
How We Work
Our 4-Step Engagement Model
A structured, transparent roadmap tailored to the lifecycle and statutory requirements of your Farmer Producer Company.
Diagnostic & Audit
We review your past ROC filings, minutes books, share registers, and GST/ITR accounts to identify pending liabilities.
Statutory Regularisation
Drafting backlog resolutions, bringing annual filings up to date, and appointing CAs/CSs through statutory channels.
System Implementation
Deploying double-entry bookkeeping, standardized share registers, and member procurement ledgers for prior-year scrutiny defense.
Ongoing Advisory & Support
Monthly GST/TDS returns, board secretarial assistance, SFAC equity grant preparation, and institutional governance.
Public Charitable Trust Advisory
Ready to resolve your FPC's statutory gaps?
Submit your company details for a structured preliminary review by our legal and accounting trustees. Pro-bono guidance for eligible community enterprises.