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The Companies Act, 1956

Part IX (Section 565 to 581)

Section 575 Vesting of property on registration.

Section 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.