Act Number: 29

Act Name: The Uttar Pradesh Reorganisation Act, 2000

Year: 2000

Enactment Date: 2000-08-25

Long Title: An Act to provide for the reorganisation of the existing State of Uttar Pradesh and for matters connected therewith.

Ministry: Ministry of Home Affairs

Department: Department of States

Section 48: Assets and liabilities of State undertakings.
    (1) The assets and liabilities relating to any commercial or industrial undertaking of the State of Uttar Pradesh shall pass to the State in which the undertaking is located.
     (2) Where a depreciation reserve fund is maintained by the State of Uttar Pradesh for any such commercial or industrial undertaking, the securities held in respect of investments made from that fund shall pass to the State in which the undertaking is located.
Scroll to Top