LawgistThe States Reorganisation Act
91Residuary provision
The benefit or burden of any assets or liabilities of an existing State not dealt with in the foregoing provisions of this Part shall—
(a) if there be only one successor State, pass to that State, and
(b) if there be two or more successor States, pass to the principal successor State in the first instance, subject to such financial adjustment as may be agreed upon between all the successor States, before the 1st day of October, 1957, or in default of such agreement, as the Central Government may be order direct.
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APPORTIONMENT OF ASSETS AND LIABILITIES OF CERTAIN PART A AND PART B STATES
- 75 Application of Part
- 76 Land and goods
- 77 Treasury and bank balances
- 78 Arrears of taxes
- 79 Right to recover loans and advances
- 80 Credits in certain funds
- 81 Assets and liabilities of State undertakings
- 82 Public debt
- 83 Refund of taxes collected in excess
- 84 Deposits
- 85 Provident funds
- 86 Pensions
- 87 Contracts
- 88 Liability in respect of actionable wrong
- 89 Liability as guarantor of co-operative society
- 90 Items in suspense
- 91 Residuary provision
- 92 Power of the Central Government to order allocation or adjustment in certain cases
- 93 Certain expenditure to be charged on the Consolidated Fund
