Common use of SAVING OF CONCLUDED TRANSACTIONS Clause in Contracts

SAVING OF CONCLUDED TRANSACTIONS. Subject to the terms of the Scheme, the transfer and vesting of the Undertaking as per the provisions of the Scheme shall not affect any transactions or proceedings already concluded by the Transferor Company on or before the Appointed Date or after the Appointed Date till the Effective Date.The Transferee Companyaccepts and adopts all acts, deeds and things made, done and executed by the Transferor Company or its predecessors as acts, deeds and things made, done and executed by or on behalf of the Transferee Company.

SAVING OF CONCLUDED TRANSACTIONS. Subject to the terms of the Scheme, the The transfer and vesting of the assets, liabilities and obligations of the Financing Undertaking as per in accordance with the provisions of this Scheme and the Scheme continuance of the legal proceedings by or against the Transferee Company shall not affect any transactions transaction or proceedings already concluded completed by the Transferor Company on or before the Appointed Date or after and the Appointed Date till the Effective Date.The Transferee Companyaccepts and adopts Company accepts all acts, deeds and things made, done and executed by and/or on behalf of the Transferor Company or its predecessors as acts, deeds and things made, done and executed by or and on behalf of the Transferee Company.