Section 18: Effect of registration of memorandum and articles

The Maharashtra Non-trading Corporations ActState Act of Maharashtra · Act 26 of 1959

(1) Subject to the provisions of this Act, the memorandum and articles shall, when registered, bind the corporation and the members thereof to the same extent as if they respectively had been signed by the corporation and by each member, and contained covenants on its or his part to observe all the provisions of the memorandum and of the articles.

(2) All money payable by any member to the corporation under the memorandum or articles shall be a debt due from him to the corporation.

Where this provision sits

Act	The Maharashtra Non-trading Corporations Act
Section	18
Marginal note	Effect of registration of memorandum and articles
Jurisdiction	State of Maharashtra
Status	In force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

Search 49,000+ Central and State enactments by what a provision says, not by its number
Jump from any section to every judgment that has applied it
Search 300 million+ Indian court records alongside the statute
Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Maharashtra Non-trading Corporations Act is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.