Amendment status not verified — confirm the current text below against the official source.
The enactments specified in sub-clause (ii) of clause (1) of section 3 of the Companies Act, 1956, in their application 1 of 1956. to a corporation as defined in section 2 of this Act are hereby repealed : Provided that such repeal shall not affect— any order, rule, regulation, appointment, convey- ance, mortgage, deed, document or agreement made, fee directed, resolution passed, direction given, proceeding taken, instrument executed or issued, or thing done under or in pursuance of any of these enactments; but any such order, rule, regulation, appointment, conveyance, mortgage, deed, document, agreement, fee, resolution, direc- tion, proceeding, instrument or - thing shall, if in force at the commencement of this Act, continue to be in force, a-ad so far as it could have been `made, directed, passed, given, taken, executed. Issued. or done under ,or in pursuance of this Act shall have effect as if made, -directed, passed, given, taken, executed, issued or done under or in pursuance of this Act; (ii) any right, privilege, obligation or liability acquired, accrued or incurred under any of these enactments ; (iii) any penalty or punishment incurred in respect of any offence committed under any of these enactments; (iv) any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty or punishment as aforesaid; (i) The West Bengal Non-trading Corporations Act, 1965. 3 xl of 1965.] (Section 5.) (v) any proceedings in dissolution commenced before the coming into force of this Act; and any such investigation, legal proceeding or remedy may be instituted, continued or enforced and any such penalty or punishment may be imposed and any such proceedings in dissolution may be continued as if this Act had not been passed.