sec.8Legal capacities of Corporation

### sec.8 Legal capacities of Corporation The Corporation shall be capable in law of— suing and being sued; and compounding or proving in a court of competent jurisdiction all debts and sums of money due to it; and taking, acquiring, holding, letting, leasing, dealing with and disposing of real and personal property; and doing and suffering all such acts and things as bodies corporate may in law do and suffer or as are prescribed by this Act. - (a) suing and being sued; and - (b) compounding or proving in a court of competent jurisdiction all debts and sums of money due to it; and - (c) taking, acquiring, holding, letting, leasing, dealing with and disposing of real and personal property; and - (d) doing and suffering all such acts and things as bodies corporate may in law do and suffer or as are prescribed by this Act.