LawgistThe Punjab Reorganisation Act
60Liability in respect of actionable wrong
Where, immediately before the appointed day, the existing State of Punjab is subject to any liability in respect of an actionable wrong other than breach of contract, that liability shall,—
(a) if the cause of action arose wholly within the territories which on and from that day are the territories of one of the successor States, be a liability of that successor State; and
(b) in any other case, be initially a liability of the State of Punjab, but subject to such financial adjustment as may be agreed upon between all the successor States concerned, or in default of such agreement, as the Central Government may by order direct.
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APPORTIONMENT OF ASSETS AND LIABILITIES
- 47 Application of Part
- 48 Land and goods
- 49 Treasury and bank balances
- 50 Arrears of taxes
- 51 Right to recover loans and advances
- 52 Investments and credits in certain funds
- 53 Assets and liabilities of State undertakings
- 54 Public debt
- 55 Refund of taxes collected in excess
- 56 Deposits, etc
- 57 Provident fund
- 58 Pensions
- 59 Contracts
- 60 Liability in respect of actionable wrong
- 61 Liability as guarantor
- 62 Items in suspense
- 63 Residuary provision
- 64 Apportionment of assets or liabilities by agreement
- 65 Power of Central Government to order allocation or adjustment in certain cases
- 66 Certain expenditure to be charged on the Consolidated Fund
