Section 7
Vesting of properties.
The Indian Institute of Petroleum and Energy Act, 2018
About this Act
An Act to declare the institution known as the Indian Institute of Petroleum and Energy to be an institution of national importance and to provide for its incorporation and for matters connected therewith or incidental thereto
On and from the appointed day and subject to the other provisions of
this Act, all properties which had vested in the Society immediately before that day, shall, on and
from that day, vest in the Institute.