Maharashtra Non-trading Corporations Act.

The Maharashtra Non-trading Corporations Act.

Rules Regulations Notifications Orders Circulars Ordinance Statutes

Act ID:	195926
Act Number:	26
Enactment Date:	1959-04-30
Act Year:	1959
Short Title:	The Maharashtra Non-trading Corporations Act.
Ministry:	Ministry of Govt of Maharashtra
Department:	Finance Department
Type:	STATE
Location:	Maharashtra


Schedule 1. SCHEDULE I Order Appendix Forms
Schedule 2. SCHEDULE II Order Appendix Forms
Schedule 3. SCHEDULE III Order Appendix Forms

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Show all section The Maharashtra Non-trading Corporations Act.

CHAPTER I

PRELIMINARY

CHAPTER II

INCORPORATION OF CORPORATIONS AND MATTERS INCIDENTAL THERETO

CHAPTER III

MANAGEMENT AND ADMINISTRATION

CHAPTER IV

ARBITRATION AND WINDING UP
GENERAL

CHAPTER V

CONTROL

CHAPTER VI

OFFENCES

CHAPTER VII

MISCELLANEOUS


Section 1. Short title, extent and commencement.
Section 2. Definitions.
Section 3. Registrar and other officers.
Section 4. Act to override memorandum, articles, etc.
Section 5. Mode of forming corporations.
Section 6. Requirements with respect to memorandum.
Section 7. Alteration of memorandum.
Section 8. Articles prescribing regulations for corporations.
Section 9. Alteration of articles.
Section 10. Alteration of memorandum and articles to be registered.
Section 11. Corporations not to be registered with undesirable names.
Section 12. Change of name by corporations.
Section 13. Rectification of name of corporations.
Section 14. Registration of change of name and effect thereof.
Section 15. Registration of memorandum and articles.
Section 16. Effect of registration.
Section 17. Conclusiveness of certificate of incorporation.
Section 18. Effect of registration of memorandum and articles.
Section 19. Effect of alteration in memorandum or articles.
Section 20. Amalgamation or division of corporations.
Section 21. Register of members.
Section 22. Power of Registrar to rectify register of members.
Section 23. Directors.
Section 24. General powers of Board.
Section 25. Restrictions on powers of Board.
Section 26. Annual general meeting.
Section 27. Power of State Government to call annual general meeting.
Section 28. Registration of certain resolutions.
Section 29. Minutes of proceedings of general meetings and of Board and other meetings.
Section 30. Minutes to be evidence.
Section 31. Presumptions to be drawn where minutes duly drawn and signed.
Section 32. Inspection of minutes books of general meetings.
Section 33. Books of accounts to be kept by corporations.
Section 34. Annual accounts and balance sheet.
Section 35. Right of members to copies of balance sheet and auditors' report.
Section 36. Three copies of balance sheet, etc. to be filed with Registrar.
Section 37. Appointment of auditors.
Section 38. Powers and duties of auditors.
Section 39. Form of contracts.
Section 40. Investment of corporation to be held in its own name.
Section 41. Power for corporations to refer matters to arbitration.
Section 42. Modes of winding up.
Section 43. Circumstances in which corporation may be wound up voluntarily.
Section 44. Effect of voluntary winding up on status of corporation.
Section 45. Declaration of solvency in case of proposal to wind up voluntarily.
Section 46. Corporation to appoint and fix remuneration of liquidators.
Section 47. Board's powers to cease on appointment of liquidator.
Section 48. Powers and duties of liquidator.
Section 49. Final meeting and dissolution.
Section 50. Winding up by Registrar.
Section 51. Cancellation of registration.
Section 52. Power of Registrar to assess damage against delinquent promoters, etc.
Section 53. Bar of suit in winding up and dissolution matters.
Section 54. Disposal of surplus assets.
Section 55. Power to enforce attendance, etc.
Section 56. Appeals.
Section 57. Money how recovered.
Section 58. Liability as contributories of present and past members.
Section 59. Obligations of directors whose liability is unlimited.
Section 60. Contributory and nature of his liability.
Section 61. Power of Registrar to call for information.
Section 62. Special audit by Registrar.
Section 63. Investigation of affairs of corporation.
Section 64. Production of documents and evidence.
Section 65. Prosecution.
Section 66. Inspection, production, and evidence of documents kept by Registrar.
Section 67. Meaning of officer who is in default.
Section 68. Penalty for contravention of section 13.
Section 69. Penalty for contravention of section 26 or 27.
Section 70. Penalty for contravention of section 28.
Section 71. Penalty for contravention of section 29.
Section 72. Penalty for contravention of section 32.
Section 73. Penalty for contravention of section 33.
Section 74. Penalty for contravention of section 34.
Section 75. Penalty for contravention of section 35.
Section 76. Penalty for contravention of section 36.
Section 77. Penalty for contravention of section 38.
Section 78. Penalty for contravention of section 40.
Section 79. Penalty for contravention of section 45.
Section 80. Penalty for contravention of section 49.
Section 81. Penalty for contravention of section 61.
Section 82. Penalty for false statement.
Section 83. Penalty for wrongful withholding of property.
Section 84. Members guilty of offences punishable as strangers.
Section 85. Penalty for contravention not provided for.
Section 86. Offences against Act to be cognizable only on complaint by Registrar, member or State Government.
Section 87. Jurisdiction to try offences.
Section 88. Offences to be non-cognizable.
Section 89. Prohibition for borrowing money, etc.
Section 90. Application of assets in furtherance of objects.
Section 91. Copies to be furnished to members.
Section 91A. Fee for filing or registering certain documents under the Act with Registrar.
Section 92. Recovery of sums due to State Government.
Section 93. Rules.
Section 94. Indian Companies Act, 1913 to cease to apply to corporations.
Section 95. Saving.


Schedule 1. SCHEDULE I Order Appendix Forms
Schedule 2. SCHEDULE II Order Appendix Forms
Schedule 3. SCHEDULE III Order Appendix Forms

Schedule 1. SCHEDULE I

Schedule 2. SCHEDULE II

Schedule 3. SCHEDULE III