Maharashtra · 1959 · Act 26
The Maharashtra Non-trading Corporations Act
In force96 sections· Govt of Maharashtra
1.Short title, extent and commencement.
2.Definitions.
3.Registrar and other officers.
4.Act to override memorandum, articles, etc.
5.Mode of forming corporations.
6.Requirements with respect to memorandum.
7.Alteration of memorandum.
8.Articles prescribing regulations for corporations.
9.Alteration of articles.
10.Alteration of memorandum and articles to be registered.
11.Corporations not to be registered with undesirable names.
12.Change of name by corporations.
13.Rectification of name of corporations.
14.Registration of change of name and effect thereof.
15.Registration of memorandum and articles.
16.Effect of registration.
17.Conclusiveness of certificate of incorporation.
18.Effect of registration of memorandum and articles.
19.Effect of alteration in memorandum or articles.
20.Amalgamation or division of corporations.
21.Register of members.
22.Power of Registrar to rectify register of members.
23.Directors.
24.General powers of Board.
25.Restrictions on powers of Board.
26.Annual general meeting.
27.Power of State Government to call annual general meeting.
28.Registration of certain resolutions.
29.Minutes of proceedings of general meetings and of Board and other meetings.
30.Minutes to be evidence.
31.Presumptions to be drawn where minutes duly drawn and signed.
32.Inspection of minutes books of general meetings.
33.Books of accounts to be kept by corporations.
34.Annual accounts and balance sheet.
35.Right of members to copies of balance sheet and auditors' report.
36.Three copies of balance sheet, etc. to be filed with Registrar.
37.Appointment of auditors.
38.Powers and duties of auditors.
39.Form of contracts.
40.Investment of corporation to be held in its own name.
41.Power for corporations to refer matters to arbitration.
42.Modes of winding up.
43.Circumstances in which corporation may be wound up voluntarily.
44.Effect of voluntary winding up on status of corporation.
45.Declaration of solvency in case of proposal to wind up voluntarily.
46.Corporation to appoint and fix remuneration of liquidators.
47.Board's powers to cease on appointment of liquidator.
48.Powers and duties of liquidator.
49.Final meeting and dissolution.
50.Winding up by Registrar.
51.Cancellation of registration.
52.Power of Registrar to assess damage against delinquent promoters, etc.
53.Bar of suit in winding up and dissolution matters.
54.Disposal of surplus assets.
55.Power to enforce attendance, etc.
56.Appeals.
57.Money how recovered.
58.Liability as contributories of present and past members.
59.Obligations of directors whose liability is unlimited.
60.Contributory and nature of his liability.
61.Power of Registrar to call for information.
62.Special audit by Registrar.
63.Investigation of affairs of corporation.
64.Production of documents and evidence.
65.Prosecution.
66.Inspection, production, and evidence of documents kept by Registrar.
67.Meaning of officer who is in default.
68.Penalty for contravention of section 13.
69.Penalty for contravention of section 26 or 27.
70.Penalty for contravention of section 28.
71.Penalty for contravention of section 29.
72.Penalty for contravention of section 32.
73.Penalty for contravention of section 33.
74.Penalty for contravention of section 34.
75.Penalty for contravention of section 35.
76.Penalty for contravention of section 36.
77.Penalty for contravention of section 38.
78.Penalty for contravention of section 40.
79.Penalty for contravention of section 45.
80.Penalty for contravention of section 49.
81.Penalty for contravention of section 61.
82.Penalty for false statement.
83.Penalty for wrongful withholding of property.
84.Members guilty of offences punishable as strangers.
85.Penalty for contravention not provided for.
86.Offences against Act to be cognizable only on complaint by Registrar, member or State Government.
87.Jurisdiction to try offences.
88.Offences to be non-cognizable.
89.Prohibition for borrowing money, etc.
90.Application of assets in furtherance of objects.
91.Copies to be furnished to members.
91A.Fee for filing or registering certain documents under the Act with Registrar.
92.Recovery of sums due to State Government.
93.Rules.
94.Indian Companies Act, 1913 to cease to apply to corporations.
95.Saving.
Rules, notifications and orders under this Act
Listed from India Code. Each opens there.