Amendment status not verified — confirm the current text below against the official source.
Devolution of assets on dissolution or supersession :– When a Grama Panchayat is dissolved under Section 116 or superseded under Sec- tion 117 the Collector, until the date of reconstitution thereof, and the reconstituted Grama Panchayat thereafter, shall be entitled to all the as- sets and shall be subject to all the liabilities of the Grama Panchayat as on THE ORISSA GRAMA PANCHAYATS ACT, 1964 GRAMA PANCHAYATS MANUAL 78 the date of dissolution or supersession, and on the date of reconstitution, respectively.