https://www.taxtmi.com/caselaws?id=97614 A vesting order under the Companies Act transfers property and liabilities of the transferor, including accrued rights to sue that appertain to the transferred undertaking, thereby permitting the transferee to continue pending contractual proceedings; purely "bare" rights of action remain non assignable, but rights incidental to or forming part of a business or undertaking pass with the vesting order and vest in the successor, enabling enforcement of contractual remedies by the transferee. en-us Tue, 10 Feb 1959 00:00:00 +0530 Tue, 17 Jan 2012 14:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97614 A vesting order under the Companies Act transfers property and liabilities of the transferor, including accrued rights to sue that appertain to the transferred undertaking, thereby permitting the transferee to continue pending contractual proceedings; purely "bare" rights of action remain non assignable, but rights incidental to or forming part of a business or undertaking pass with the vesting order and vest in the successor, enabling enforcement of contractual remedies by the transferee. Case-Laws Companies Law Tue, 10 Feb 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97614