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Section 575 – The Companies Act,1956

The Companies Act, 1956

575. Vesting 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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The Companies Act, 1956

Indian Laws – Bare Acts

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