Vidhi Codex

The Tamil Nadu Non-Trading Companies Act, 1972

The Tamil Nadu Non-Trading Companies Act, 1972

Corporate19726 sections

The Tamil Nadu Non-Trading Companies Act, 1972 extends the framework of national company law to non-profit and non-trading organizations operating exclusively within the state of Tamil Nadu. It applies to companies formed for non-commercial objects whose activities do not cross state borders. Under this legislation, the general governance rules of the Companies Act, 1956 apply to these entities, but executive powers, rulemaking authority, and administrative oversight normally held by the central government are transferred to the Tamil Nadu state government. This Act matters because it ensures structured corporate governance, legal transparency, and proper oversight for local non-trading corporations under state jurisdiction.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 2. Definition
  3. 3. Application of the Companies Act, 1956 (Central Act 1 of 1956) to companies to which this Act applies
  4. 4. Power to make rules
  5. 5. Publication of rules, commencement of rules and notifications and placing them on the table of the Legislature
  6. 6. Repeal

PDF: pending for this language.