Amendment status not verified — confirm the current text below against the official source.
On a date to be notified by the Government after the formation of the State Cooperative Union under S.89 all properties and all rights of whatever kind used, enjoyed or possessed by and all interests of whatever kind owned by or vested in or held by and all liabilities legally subsisting against the Kerala State Cooperative Union Ltd, shall subject to such directions as may be issued by the Registrar, vest in the state Cooperative Union so formed and all the employees of the Kerala State Cooperative Union Ltd., shall become the employees of the State Cooperative Union.