218 Effect of continuation outside of Seychelles

Where a company is continued under the laws of a jurisdiction outside
outside of Seychelles
Seychelles —

(a) the company continues to be liable for all of its claims, debts, liabilities
and obligations that existed prior to its continuation as a company under
the laws of the jurisdiction outside Seychelles;


(b) no conviction, judgment, ruling, order, claim, debt, liability
or obligation due or to become due, and no cause existing,
against the company or against any member, director, other
officer or agent thereof, is released or impaired by its
continuation as a company under the laws of the jurisdiction
outside Seychelles;

(c) no proceedings, whether civil or criminal, pending by or
against the company, or against any member, director, other
officer or agent thereof, are abated or discontinued by its
continuation as a company under the laws of the jurisdiction
outside Seychelles, but the proceedings may be enforced,
prosecuted, settled or compromised by or against the
company or against the member, director, other officer or
agent thereof, as the case may be; and

(d) service of process may continue to be effected on the
registered agent of the company in Seychelles in respect of
any claim, debt, liability or obligation of the company during
its existence as a company under this Act.