State Act
Section 58. Dissolution of Authority
58. (1) Where the State Government is satisfied that the purposes for which [the State Authority or the Local Development Authority or the Local Development authority created under sub-section (1-A) of section 4 of this Act, as the case may be]4 was established under this Act have been substantially achieved so as to render to continued existence of the Authority in the opinion of the State Government unnecessary that Government may by notification in the Gazette declare that the authority shall be dissolved with effect from such date as may be specified in the notification and the Authority shall be deemed to be dissolved accordingly. (2) From the said date— (a) all properties, funds and dues which are vested in or realizable by the [the State Authority or the Local Development Authority or the Local Development authority created under sub-section (1-A) of section 4 of this Act, as the case may be]4 shall vest in or be realizable by, the State Government; (b) all nazul lands placed at the disposal of the [the State Authority or the Local Development Authority or the Local Development authority created under sub-section (1-A) of section 4 of this Act, as the case may be]4 shall revert to the State Government; (c) all liabilities which are enforceable against the [the State Authority or the Local Development Authority or the Local Development authority created under sub-section (1-A) of section 4 of this Act, as the case may be]6 shall be enforceable against the State Government; and (d) for the purpose of carrying out any development which has not been fully carried out by the [the State Authority or the Local Development Authority or the Local Development authority created under sub-section (1-A) of section 4 of this Act, as the case may be]6 and for the purpose of realizing properties, funds and dues referred to in clause (a) the functions of the [the State Authority or the Local Development Authority or the Local Development authority created under sub-section (1-A) of section 4 of this Act, as the case may be]6 shall be discharged by the State Government.