Companies Act, 2013
9.
Effect
of registration.
From
the date of incorporation mentioned in the certificate of incorporation, such
subscribers to the memorandum and all other persons, as may, from time to time,
become members of the company, shall be a body corporate by the name contained
in the memorandum, capable of exercising all the functions of an incorporated
company under this Act and having perpetual succession and a common seal with
power to acquire, hold and dispose of property, both movable and immovable,
tangible and intangible, to contract and to sue and be sued, by the said name.