(1) The assets and liabilities relating to any commercial or industrial undertaking of Bihar located in the transferred territories shall pass to West Bengal.
(2) Where a depreciation reserve fund is maintained by Bihar for any such commercial or industrial undertaking, the securities held in respect of investments made from that fund shall also pass to West Bengal.
(2) Where a depreciation reserve fund is maintained by Bihar for any such commercial or industrial undertaking, the securities held in respect of investments made from that fund shall also pass to West Bengal.
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More sections of this act
Section 1 · Short title.Section 2 · Definitions.Section 3 · Transfer of territories from Bihar to West Bengal.Section 4 · Amendment of First Schedule to the Constitution.Section 5 · Amendment of Fourth Schedule to the Constitution.Section 6 · Bye-elections to fill vacancies in the Council of States.Section 7 · Term of office of members of the Council of States.Section 8 · Provision as to existing House of the People.India Code, Government of India. Text fetched 16 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.