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Section 65

Pre-incorporation contract

of Companies Act 2016

ActIn forceProvision 65 of 768
Section 65

(2)

Notwithstanding subsection (1), a contract or transaction referred to in that subsection may be ratified by the company after its incorporation and the company shall be bound by the contract or transaction as if the company had been in existence at the date of the contract or transaction and had been a party to the contract or transaction.