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Saving of existing liabilities (Section 369 of the Companies Act, 2013)

Saving of existing liabilities (Section 369 of the Companies Act, 2013) :

According to section 369 of the Companies Act, 2013 the registration of a company in pursuance of this Part (Chapter XXI, Part I – Companies Authorised to register under this Act) shall not affect its rights or liabilities in respect of any debt or obligation incurred, or any contract entered into, by, to, with, or on behalf of, the company before registration.

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