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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Pre-Registration Debts and Contracts Stay Enforceable After Company Registration, Preserving All Existing Rights and Liabilities</h1> Registration of a company under this Part does not alter or extinguish any pre-existing rights, liabilities, debts, obligations, or contractual commitments of the entity. Any debt incurred or contract made before registration remains fully enforceable against and by the company after it is registered. The provision ensures continuity of legal relations, so that creditors, contracting parties, and the company itself retain all prior legal claims and responsibilities unaffected by the change in its legal status to a registered company.