The Assam Non-Trading Companies Act, 1960
### ASSAM NON-TRADING COMPANIES ACT, 1960"

(Assam Act No. XXXII of 1960)

_[Received the assent of the Governor on the 1J?th December, 1960)_

An Acl lOprovide the taw for incorporation, regulation and wlodiog up of
noo-trading companies aod certain other a..ociatloos " ith ohjecll
conllned 10 the Stale of Assam

Pream ble. Whereas it is expedient to provide the law for incorpora-

tion, regulation and winding up of non-t rading com panies and cert ain

ot her associati on s with objects confine d to the Stale of Assam, in the

manner hereinaft er appearing;

##### It is hereby enacted in the Eleventh Year of the Republic of India as

follo ws :

I. Short ti tle, extent and commencemenl. (I ) This Act may be called
the Assam N on-Trad ing Companies Act, 1960.

(2) It extends to the whole of the State of Assam.

(3) It shall come int o force at once.

(4) It shall apply to a company as defined in S. 2 of thi s Act.

C OMMENTS

**_Section J._** **This Act concerns with the provisions of law (or incorpo..**
ra tion. regulation and wind ing up of non-trad ing companies and cer tai n

other associations with o bjects con fined to the Stale of Assam.

2. Dellnltion. In th is Act " a company" means a company forme d

and register ed unde r this Act or an existing compa ny formed and reg-

istered under any of th e previous company laws specified in CI. (ii) of

sub-So( I) of S. 3 of the Companies Act, 1956 (Act I of 1956) ; a nd

(i) which is confined in the sco pe of its objects to theState of
**Assam ; and**

(ii) whic h is a non-trad ing corporati on within the meaning of

Entries 43 and 44 in List I 01 the Seventh Sche dule to the Cons-
titution of Ind ia.

3. Application of Ihe Companies Act, 1956 to non·tr ading companies

with objects confined to the Stale of Assam . Th e provision s of the Com-
panics Act. 1956 (Act I of 1956) shall, so for as may be. apply to inc orpo-
ra tio n, regulation and winjling up o f companies to which 'hi s Act ap plies.

             - Published in th e Assam Gazette, Extraordi nary. dated the 17th

December , 1960.

( 642


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Scb .] A SSAM N UN·TRAlH NG C OMPANIES A CI, 19611 643

Provided tbat-

(i) the powers conferred on the Centr nl G overnmen t by tho se
pr ovision s sha ll be exercisable and may be exercised by thc

St ate Gov ernmen t ;

(ii) the Stat e Gov ernment may, by n otificat ion in the official

Gazette, ad opt , so far as rhay be, the rul es fram ed by th e

Supreme Court und er S 643 o f the Companie s Ac t, 1956 (Act I
of 1956) ;

(iii) the State G overn ment sha ll be competent by not ification in the

official G azett e, 10 deleg ate all or any of such powers to any

subo rdinat e officer or autho ri ty specified in th e nouficat ion :

(iv) the State G overn ment sha ll have power , by a like no ti fication,
to rel ax, omit , add to or vary any provision of the aforesaid

Act, hereby made appl icable to companies to which th is Act
appl ies I and

(v) the powers, d uties and functio ns o f th e Registr ar und er the sai d
p rovision s shall be exercised , d ischar ged and pe rformed by

such perso n as may be ap po inted by the Stat e G overnment by

**name or by virtue of office, to the Registrar in relation to -com..**
pan ies to which th is Act ap plies .

4. Repeal and s•• lag s. (l ) The enac tme nts specified in the Schedul e

to this Act wit h regard to the ir oper ation in res pect o f mcorporauon,

**regulation and winding up 0 1 non-trading companies with** **o** **bjects connned**

to the St ate of Assam ar e hereby repea led.

(2) Notwithstand ing the rep eal un de r sub-S (I ), the provision s of th e
**enactments rep** ealed shall. with regard to no n-n admg **Cl n** .peme s w.u .

objects confined to the Stale of A ssam , ap pl y in re spe ct of such mailers
as provided in Ss. 645 , 646, 647, 6~H, 649, 650, 651 , 652, 653, 654, 655,

656 ,657 and 652 of the Com panies Act, 1956 (Act 1 ot 1956) .

SCHEDULE

Enatments repealed

_[See Sectio_ n 4 (Ill

Year No. Subject or sho rt tit le

( I) (2) (3)

1913 VII Th e Inian Companie s Act , 1913.

1942 L1V Th e Registration o f Tran sfer red C om-

**panies Ord inance.**

1951 LIt The Ind ian Co mpan ies (Ame ndment)

Act, 1951.

1952 LI The Ind ian Compan ies (Amendmen t)

Act. t952.

Application in the Sla te of l\lcg halay a :

Th is Act ha s been ad ap ted for its a pplication in th e Stare o f Megha-

laya vide the Meghal aya Ad aptation o f Law s O rder (No. I) 1974.


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