Vidhi Codex

The Rajasthan Non-Trading Companies Act, 1960

The Rajasthan Non-Trading Companies Act, 1960

Corporate19603 sections

The Rajasthan Non-Trading Companies Act, 1960 regulates non-commercial and non-profit organizations whose operations are strictly confined within the state of Rajasthan. It applies to companies registered under this Act or previous local company laws that do not engage in trading. This legislation is important because it adapts the national Companies Act of 1956 to a state level, giving the Rajasthan government the authority to register, monitor, and close these local entities. By transferring regulatory power from India's central government to the state, it allows Rajasthan to customize corporate rules for these local civic and social organizations and run them smoothly.

Start reading →Read full ActSections
  1. 1. Short title,extent commencement and application
  2. 2. Definition of company
  3. 3. Application of Central Act I of 1956 to Companies to which this Act applies.

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