The ASSAM NON-TRADING COMPANIES ACT, 1960
. . No.LJL.5.9/58 ......... The followiri:g Act of the Assam Legislative Assembly
hich received the assent of the Governor is hereby published for general
nformation.
Received the· assent of the Governor on the 12th ,'Decem.ber 1960

ASSAM ACT No.XXXII OF 1960

THE ASSAM NON-TRADING COMPANIES ACT, 1960
(As passed by the Assembly)

[Published in the _Assam_ _Gazette,_ Extraordinary, dated the 17th

December B60J

An

Act

to piovicie the Jaw for incorporation, regulation and winding up of non-

. trading com,panies and certain other associati.ons with objects con-

   - . fined to. the State of Assam.

WHEREAS it is expedient to provide the law for

incorporation, regulation and winding up of non-

trading companies and certain other associations with

       - objects confined to the State of A~sa m, in the manner
here-in-af!er appearing ;

### It is hereby enacted in the Eleventh Year o~ the

Republic of India as follows :-

Short title, L (1) This Act may be called the Assam Non-

. extent and Trading Companies Act, 1960.

~~~~ence- (2) It extends to the whok of the State of Assam.

       - (3) It shall come into force at once.
(4) It shall apply to a company as defined in

Section 2 of this Act.

2. In this Act a company means a company formed

and registered under this Act or an existing company
formed and registered under any of the. previous

companies laws specified in clause (ii) of sub-sec-

tion (1) of Section 3 of the Companies Act, 1956 and Act I of
. ' 1956

(i) which is confined in the scope of its objects

             - to the State of Assam, and

(ii) which is a non-trading corporation within

the meaning· of Entries 43 and 44 in List I

of the Seventh Schedule to the Constitution
of India .

. ,. Applicati.o!l 3. The provisions of the Companies Act, 1956 shall, Act l of

of t~e C~m- so far as may l:)e, apply to incorporation regulation 1956.

j~;~e:o N~~-and winding up of companies to which' this Act

. Tradln!! applies :  -

Companies
with objects Provided that--

confined to

the St ate of

(i) the powers conferred on the Centrpl Govern-

A>sam.

ment by those provisions shall be exercis-

able ,a:tJ.d may be exe.tcised by the State

-' Government ;


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(ii) the State Government may, by notifica-

tion in the Official Gazette, adopt, so far
as may be, the rules framed by the Supreme Act 1 of
Court under Section 643 of the Compa- 1956.
nies Act, 1956 ;
(iii) the State Government shall be competent

by notification in the Official Gazette, to

delegate all or any of such powers to any I

subordin ate officer or authority specified in ~

the notification ;

(iv) the State Government shall have power,

by a like notification, to relax, ornic. add
to or vary any provision of the aforesaid
Act, hereby made applicable tc) ccm.panies
to which this Act applies ; and
(v) the powers, duties and functi ons of the

Registrar under the said provisions shall
be exercised, discharged and pe;·formed by
such person as may be appointed by the
State Governm~nt, by name or by virtue
of office, to be the Registrar in relation
to companies to which this Act applies.

Repeal and 4. (1) The enactments specified in the Schedule to

Sa\•ings. this Act with regard to their operation in respect of
incorporation, regulation and winding up of nnn-
trading companies witb objects confined to the State
of Assam are hereby repealed.

(2) Notwithstanding tiw repeal under sub-sec-

tion (I), the provisions of the enactments repealed

shall. with regard to non-tniding companies with

objects confined to the State of Assa m, apply in res-

pect of such matters as provided in Sections 645. 646,
647, 648, 649, 650. 65 1, 652. 653, 654, G.'i.'i 656, 657 Act 1 of
ct11d 6."8 of the Companies Act, 1956.                     - 1956.

SCHEDULE

[See Section 4(1)]

Enactments repealed

_No._ Su f:ic ct ar : hort title

2 3

1913 VII The Indian Companies Act, 1913.

JCJ42 LIV The Regjstration of, Transferred

Companies Ordinance.

1951 LIT The Indian Companies (Amendment)

Act, 1951. .

1952 LI The Indian Companies '(Amendment)

Act, 1952.

B. C. BARUA,

Secy. to the Govt. of Assam, Law naptt.                         -


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