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(1) All property, movable or immovable and all rights, interest of whatsoever kind, powers and privileges vested in the existing college on the appointed date, shall stand transferred to and shall, without further assurance, vest in, the University and be applied to the objects and purposes for which the University is constituted. (2) All proceedings relating to students of the existing college pending before the Grievance Committee of the parent University on the appointed date shall stand transferred to the Grievance Committee under this Act for disposal. (3) All benefactions accepted or received by the existing college, and held by it immediately before the commencement of this Act, shall be deemed to have been accepted or received or held by the University under this Act, and all the conditions on which such benefactions were accepted or received or held shall be deemed to be valid under this Act, notwithstanding that such conditions may be inconsistent with any of the provisions of this Act. (4) All debts, liabilities and obligations incurred before the commencement of this Act, and lawfully subsisting against the existing college, shall be discharged and satisfied by the University. (5) Any will, deed or other document made before the commencement of this Act, which contains any bequest, gift, term or trust in favor of the existing college, shall be deemed to have been made thereunder and for the purposes of this Act in favor of the University. (6) All references in any enactment or other instruments issued under any enactment to the existing college before the commencement of this Act, shall be deemed to have been construed under and for the purposes of this Act. (7) All notices and orders made or issued by any authority under the Maharashtra Public University Act, 2016 (Mah. VI of 2017) or by the State Government shall, in so far as they are not inconsistent with the provisions of this Act, continue to be in force and be deemed to have been made or issued by that authority or by the State Government until they are superseded or modified under this Act. (8) All Statutes, Ordinances and regulations made under the Maharashtra Public University Act, 2016 (Mah. VI of 2017) in respect of the parent University of the existing college shall, in so far as they are not inconsistent with the provisions of this Act, continue to be in force and be deemed to have been made under this Act in respect of that University, until they are superseded or modified by the Statutes or Ordinances, as the case may be, made under this Act. (9) A standard code, if any, prescribed under the Maharashtra Public University Act, 2016 (Mah. VI of 2017) in respect of the parent University of the existing college shall be deemed to have been prescribed under this Act and shall, save as otherwise provided by or under this Act, continue to remain in force, until it is superseded in accordance with the provisions of this Act. (10) In all suits and legal proceedings pending before any court or authority on the appointed day, to which the existing college was a party, the successor university of the existing college shall be deemed to have been substituted therefor.
<span style="margin-left:15px;"></span>(<i>1</i>) All property, movable or immovable and all rights, interest of whatsoever kind, powers and privileges vested in the existing college on the appointed date, shall stand transferred to and shall, without further assurance, vest in, the University and be applied to the objects and purposes for which the University is constituted.<br> <span style="margin-left:15px;"></span>(<i>2</i>) All proceedings relating to students of the existing college pending before the Grievance Committee of the parent University on the appointed date shall stand transferred to the Grievance Committee under this Act for disposal.<br> <span style="margin-left:15px;"></span>(<i>3</i>) All benefactions accepted or received by the existing college, and held by it immediately before the commencement of this Act, shall be deemed to have been accepted or received or held by the University under this Act, and all the conditions on which such benefactions were accepted or received or held shall be deemed to be valid under this Act, notwithstanding that such conditions may be inconsistent with any of the provisions of this Act.<br> <span style="margin-left:15px;"></span>(<i>4</i>) All debts, liabilities and obligations incurred before the commencement of this Act, and lawfully subsisting against the existing college, shall be discharged and satisfied by the University.<br> <span style="margin-left:15px;"></span>(<i>5</i>) Any will, deed or other document made before the commencement of this Act, which contains any bequest, gift, term or trust in favor of the existing college, shall be deemed to have been made thereunder and for the purposes of this Act in favor of the University.<br> <span style="margin-left:15px;"></span>(<i>6</i>) All references in any enactment or other instruments issued under any enactment to the existing college before the commencement of this Act, shall be deemed to have been construed under and for the purposes of this Act.<br> <span style="margin-left:15px;"></span>(<i>7</i>) All notices and orders made or issued by any authority under the Maharashtra Public University Act, 2016 (Mah. VI of 2017) or by the State Government shall, in so far as they are not inconsistent with the provisions of this Act, continue to be in force and be deemed to have been made or issued by that authority or by the State Government until they are superseded or modified under this Act.<br> <span style="margin-left:15px;"></span>(<i>8</i>) All Statutes, Ordinances and regulations made under the Maharashtra Public University Act, 2016 (Mah. VI of 2017) in respect of the parent University of the existing college shall, in so far as they are not inconsistent with the provisions of this Act, continue to be in force and be deemed to have been made under this Act in respect of that University, until they are superseded or modified by the Statutes or Ordinances, as the case may be, made under this Act.<br> <span style="margin-left:15px;"></span>(<i>9</i>) A standard code, if any, prescribed under the Maharashtra Public University Act, 2016 (Mah. VI of 2017) in respect of the parent University of the existing college shall be deemed to have been prescribed under this Act and shall, save as otherwise provided by or under this Act, continue to remain in force, until it is superseded in accordance with the provisions of this Act.<br> <span style="margin-left:15px;"></span>(<i>10</i>) In all suits and legal proceedings pending before any court or authority on the appointed day, to which the existing college was a party, the successor university of the existing college shall be deemed to have been substituted therefor.<br><br>