law: Companies Act, 2013 
  370.
  
    Continuation
  
  of pending legal proceedings.
  All
  
  suits and other legal proceedings taken by or against the company, or any
  
  public officer or member thereof, which are pending at the time of the
  
  registration of a company in pursuance of this Part, may be continued in the
  
  same manner as if the registration had not taken place:
  Provided
  
  that execution shall not issue against the property or persons of any
  
  individual member of the company on any decree or order obtained in any such
  
  suit or proceeding; but, in the event of the property of the company being
  
  insufficient to satisfy the decree or order, an order may be obtained for
  
  winding up the company.