The Companies Act
368Vesting of property on registration
All property, movable and immovable (including actionable claims), belonging to or vested in a company at the date of its registration in pursuance of this Part, shall, on such registration, pass to and vest in the company as incorporated under this Act for all the estate and interest of the company therein.
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PARTI.--Companies authorised to Register under this Act
- 366 Companies capable of being registere
- 367 Certificate of registration of existing companie
- 368 Vesting of property on registration
- 369 Saving of existing liabilitie
- 370 Continuation of pending legal proceedings
- 371 Effect of registration under this Part
- 372 Power of Court to stay or restrain proceeding
- 373 Suits stayed on winding up orde
- 374 Obligations of companies registering under this Par