718 SECRETARIAL PRACTICE 
company shall be so incorporated, and any banking company in 
Scotland so incorporated shall be deemed to be a bank incorporated 
sonstituted, or established bv or under Act of Parliament. 
Vesting of 
property on 
registration. 
Saving for exist- 
ng liabilities. 
330. All property, real and personal (including things in action), 
oelonging to or vested in a company at the date of its registration in 
pursuance of this Part of this Act, shall on registration pass to and 
vest in the company as incorporated under this Act for all the estate 
ind interest of the company therein. 
331. Registration of a company in pursuance of this Part of this 
Act shall not affect the rights or liabilities of the company in respect 
of any debt or obligation incurred, or any contract entered into, 
by, to. with, or on behalf of, the company before registration. 
Continuation of ~~ 332, All actions and other legal proceedings which at the time 
SHiSting actions. of the registration of a company in pursuance of this Part of this 
Act are pending by or against the company, or the public officer 
or any member thereof, may be continued in the same manner as 
if the registration had not taken place: 
Provided that execution shall not issue against the effects of 
any individual member of the company on any judgment, decree, 
or order obtained in any such-action or proceeding, but, in the 
event of the property and effects of the company being insufficient 
to satisfy the judgment, decree, or order, an order may be obtained 
for winding up the company. 
iffect of regis- 
ration under 
Act 
333.—(x) When a company is registered in pursuance of this 
Part of this Act, the following provisions of this section shall have 
effect. 
(2) All provisions contained in any Act of Parliament or other 
instrument constituting or regulating the company, including, in 
the case of a company registered as a company limited by guarantee, 
the resolution declaring the amount of the guarantee, shall be deemed 
to be conditions and regulations of the company, in the same manner 
and with the same incidents as if so much thereof as would, if the 
company had been formed under this Act, have been required to be 
inserted in the memorandum, were contained in a registered memo- 
randum, and the residue thereof were contained in registered articles. 
(3) All the provisions of this Act shall apply to the company, 
and the members, contributories, and creditors thereof, in the same 
manner in all respects as if it had been formed under this Act, 
subject as follows: — 
(a) Table A shall not apply unless adopted by special resolution; 
(6) The provisions of this Act relating to the numbering of 
shares shall not apply to any joint stock company whose 
shares are not numbered; 
Subject to the provisions of this section the company shall 
not have power to alter any provision contained in any 
Act of Parliament relating to the company; 
'c)