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 1. Steps to be taken to establish a new sugar factory.

 2. Steps to be taken to establish a new co-operative sugar factory is as follows:

  • As per the rule 3 of Karnataka Co-operative Societies Rule, 1960, a group of persons not less than 10 persons may intend to form a Co-operative Sugar Factory.
  • Among them, one of them may be elected as a chief promoter.
  • Other promoters will assist and authorise chief promoter regarding registration of the factory.
  • Such group of persons shall decide the name, area of operation and bye-laws of the proposed sugar factory.
  • To authorise the chief promoter to collect the required share capital from the members of the proposed sugar factory.
  • The chief promoter has to submit the proposal to the Commissioner for Cane Development and Director of Sugar for registration of the co-operative sugar factory along with the required documents.

Registration fee depends upon the area of operation of the co-operative sugar factory. The minimum fee is Rs.500/-

3. Regarding cane payment:-  As per Sugarcane (Control) Order, 1966 column 3(8) cane bills to be cleared within 14 days of the cane supplied.  Otherwise, interest of 15% is to be paid for the delayed period.

 

Last Updated: 10-02-2020 03:17 PM Updated By: Admin


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