State Act
Section 126. Succession to property, assets, rights, liabilities and obligations in certain cases
THE UTTAR PRADESH MUNICIPAL CORPORATION ACT, 1959
126- (1) As from the appointed day [and subject to any directions of the State Government in this behalf --]1 (a) all property, interests in property and assets including cash balances, wherever situate which immediately before such day were vested in any [Municipal Council]4, Improvement Trust or other local authority established for the area included in the City or any part of such area or in any local authority having jurisdiction both within and outside such area shall [xxx]1 vest in and be held by the [Corporation]3 of such City, for the. purposes of this Act, and (b) all rights, liabilities and obligations of the aforesaid [Municipal Council]4 Improvement Trust or other local authority [in relation to the area included in the city]2 whether arising out of any contract or otherwise, existing immediately before such day shall be the rights, liabilities and obligations of such [Corporation]3. (2) Where any doubt, or dispute arises as to whether any property, interest or asset has vested in a [Corporation]3 under sub-section (1) or any rights, liabilities or obligations have become the rights, liabilities or obligations of a [Corporation]3 such doubt or dispute shall be referred by the Mukhya Nagar Adhikari to the State Government whose decision shall unless superseded by any decision of a court of law be final.