State Act
50
Section 50. Status of Assets, Liabilities on Dissolution or derecognition.
Act no. 42 of 20182018In forceTamil Nadu (State Act)
50. Status of Assets, Liabilities on Dissolution or derecognition. — All assets and properties including permanent endowment fund, general fund, development fund or any other fund and also the liabilities of the University shall belong to the Trust in case of dissolution or derecognition of the University.