https://www.taxtmi.com/caselaws?id=109391 Conversion of a partnership firm into a private limited company under Part IX of the Companies Act can effect statutory vesting of the firm's assets, including copyright, in the newly incorporated company when the business is taken over as a going concern and the partners become shareholders. On that basis, section 575 operates by force of law, so there is no transferor and transferee in the ordinary sense and no separate written assignment is required under section 19 of the Copyright Act. The plaint therefore could not be rejected merely for absence of a written copyright assignment, because the copyright had vested in the company by operation of law on conversion. en-us Sat, 06 Mar 2004 00:00:00 +0530 Mon, 09 Apr 2012 15:20:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109391 Conversion of a partnership firm into a private limited company under Part IX of the Companies Act can effect statutory vesting of the firm's assets, including copyright, in the newly incorporated company when the business is taken over as a going concern and the partners become shareholders. On that basis, section 575 operates by force of law, so there is no transferor and transferee in the ordinary sense and no separate written assignment is required under section 19 of the Copyright Act. The plaint therefore could not be rejected merely for absence of a written copyright assignment, because the copyright had vested in the company by operation of law on conversion. Case-Laws Companies Law Sat, 06 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109391