Vidhi Codex

Bare Act

The Bombay Non-Trading Corporations Act, 1959

General195968 sections

The Bombay Non-Trading Corporations Act, 1959, provides a legal framework for the incorporation and regulation of non-profit entities within the State of Maharashtra. It governs organizations that are not engaged in trading or commercial profit-making activities. The Act mandates the registration of a memorandum and articles of association, outlines the governance structure through a Board of Directors, and sets strict rules for annual general meetings and financial transparency. It also establishes procedures for winding up these corporations and imposes penalties for non-compliance. For citizens, this Act ensures that non-profit associations operate with accountability, protecting members and the public from mismanagement.

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  1. 9. Alteration of articles
  2. 10. Alteration of memorandum and articles to be registered
  3. 11. Corporations not to be registered with undesirable names
  4. 12. Change of name by corporations
  5. 13. Rectification of name of corporations
  6. 14. Registration of change of name and effect thereof
  7. 15. Registration of memorandum and articles
  8. 16. The decision of the State Government in appeal shall be final.
  9. 17. Conclusiveness of certificate of incorporation
  10. 18. Effect of registration of memorandum and articles
  11. 19. Effect of alteration in memorandum or articles
  12. 20. Provided that this section shall not apply in any case where the member agrees in writing either before or after a particular alteration is made, to be bound by the alteration.
  13. 21. Register of members
  14. 22. Power of Registrar to rectify register of members
  15. 23. Provided that where in the disposal of such application any complicated question of law arises the Registrar may direct the parties to a Civil Court.
  16. 24. General powers of Board
  17. 25. Restrictions on powers of Board
  18. 26. Annual general meeting
  19. 27. Power of State Government to call annual general meeting
  20. 28. Registration of certain resolutions
  21. 29. Minutes of proceedings of general meetings and of the Board and other meetings
  22. 30. Minutes to be evidence
  23. 31. Presumptions to be drawn where minutes duly drawn and signed
  24. 32. Inspection of minute books of general meetings
  25. 48. Powers and duties of liquidator
  26. 49. Final meeting and dissolution
  27. 50. Winding up by Registrar
  28. 51. Cancellation of registration
  29. 52. Power of Registrar to assess damage against delinquent promoters, etc
  30. 53. Bar of suit in winding up and dissolution matters
  31. 54. Disposal of surplus assets
  32. 55. Power to enforce attendance, etc
  33. 56. Appeals
  34. 57. Money how recovered
  35. 58. Such application shall be made within twelve years from the date fixed in the order and if no such date is fixed, from the date of the order.
  36. 67. Meaning of officer who is in default
  37. 68. Penalty for contravention of section 13
  38. 69. Penalty for contravention of section 26 or 27
  39. 70. Penalty for contravention of section 28
  40. 71. Penalty contravention of section 29
  41. 72. Penalty for contravention of section 32
  42. 73. Penalty for contravention of section 33
  43. 74. Penalty for contravention of section 34
  44. 75. Penalty for contravention of section 35
  45. 76. Penalty for contravention of section 36
  46. 77. Penalty for contravention of section 38
  47. 78. Penalty for contravention of section 40
  48. 79. Penalty for contravention of section 45
  49. 80. Penalty for contravention of section 49
  50. 81. Penalty for contravention of section 61
  51. 82. Penalty for false statement
  52. 83. Penalty for wrongful withholding of property
  53. 84. Members guilty of offences punishable as strangers
  54. 85. Penalty for contravention not provided for
  55. 86. Offences against Act to be cognizable only on complaint by Registrar, member or State Government
  56. 87. Jurisdiction to try offences
  57. 88. Offences to be non-cognizable
  58. 89. Prohibition for borrowing money, etc
  59. 90. Application of assets in furtherance of objects
  60. 91. Copies to be furnished to members
  61. 91A. Fee for filing or registering certain documents under the Act with Registrar
  62. 92. Recovery of sums due to State Government
  63. 93. Rules
  64. 94. Indian Companies Act, 1913 to cease to apply to corporations
  65. 95. Saving
  66. I. MEMORANDUM OF ASSOCIATION
  67. II. ARTICLES OF ASSOCIATION
  68. III. CERTIFICATE OF INCORPORATION

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