State Act

The Maharashtra Khadi and Village Industries Act.

3[31. Dissolution of Board.— (1) The State Government may by notification in the Official Gazette direct that the Board shall be dissolved from the date specified in the notification; and thereupon the Board shall be deemed to be dissolved accordingly; and the Council 4[the District Committees and any other committees] constituted, shall cease to function. (2) on and from the said date— (a) all properties and funds, which immediately before the said date were in the possession of the Board for the purposes of this Act shall vest in the State Government; (b) all members shall vacate office as members of the Board; and (c) all rights, obligations and liabilities (including any liabilities under any contract) of the Board shall become the rights, obligations and liabilities of the State Government.]