State Act
2
Section 2. Definition.
THE PUNJAB NON-TRADING COMPANIES ACT, 1960
Act no. 25 of 19601960In forceChandigarh (State Act)
2. In this Act, ‘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-section (1) of section 3 of the Companies Act, 1956 (Central Act 1 of 1956), and— (1) which is confined in the scope of its objects to the 1[Union territory of Chandigarh] ; and (2) 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.