Continuation of pending legal proceedings (Section 370 of the Companies Act, 2013, except the Proviso) :

Section 370 of the Companies Act, 2013 partially came into force. It provides for Continuation of pending legal proceedings. According to this section:

All suits and other legal proceedings taken by or against the company, or any public officer or member thereof, which are pending at the time of the registration of a company in pursuance of this Part (Chapter XXI, Part I – Companies Authorised to register under this Act), may be continued in the same manner as if the registration had not taken place.