Prior to get Certificate of Incorporation In the name of private Ltd. Company from the Registrar of Firm, one of the Director pays full purchase amount of residential Building (having several Tenament Holder) Property from his personal A/c and there after he makes agreement of the said property in the name of PVt. Ltd co .in purchase deed he shows that amount is paid on Behalf of Company prior to registration and get Document Registered in Registrar office in Pvt Ltd Co. Name. Now Can this registered purchase deed said to be valid and legal and payment hold good under the T. P. Act and Company Act ? And on the strength of this agreement Pvt Lts Co. can file RAE & R suit against Tenament Holder Under Mumbai Rent Act?
