Amendment status not verified — confirm the current text below against the official source.
Ins. by Act 81 of 1971, s. 73 (w.e.f. 21-1-1972). 20 (3) Any order made under sub-section (2) may provide for all or any of the following matters, namely:— (a) the dissolution of the Corporation, notwithstanding anything contained in section 39; (b) the reconstitution or reorganisation, in any manner whatsoever, of the Corporation including the establishment, where necessary, of more than one Corporation in any State; (c) the amalgamation of two or more Corporations, or of one Corporation with any other body corporate or a commercial undertaking of any other State Government; (d) the extension of the area for which the Corporation is established, or the exclusion of any area therefrom; (e) the transfer, in whole or in part, of the assets, rights and liabilities of the Corporation including the transfer of any licences or permits granted to the Corporation, to any other Corporation, body corporate or a commercial undertaking of any other State Government, and the terms and conditions of such transfer; (f) the transfer or re-employment of any workmen of the Corporation to, or by, any such transferee, and, subject to the provisions of section 111 of the States Reorganisation Act, 1956 (37 of 1956), 1[or any other enactment relating to reorganisation of States], the terms and conditions of service applicable to such workmen after such transfer or re-employment; (g) such incidental, consequential and supplemental matters as may be necessary to give effect to the approved scheme. (4) Where an order is made under this section transferring the assets, rights and liabilities of any Corporation, then, by virtue of that order, such assets, rights and liabilities of the Corporation shall vest in, and be the assets, rights and liabilities of, the transferee.] 1[48. Transitional provision relating to Bombay State Road Transport Corporation.— Notwithstanding anything contained in section 47A, it shall be lawful for the Government of the State of Bombay to frame a scheme under sub-section (1) thereof and forward the same to the Central Government before the 1st day of May, 1960, and in such a case, the power conferred on the Central Government to make an order under sub-section (2) thereof may be exercised before that day but no order so made shall take effect till that day.] 2[CHAPTER VI SPECIAL PROVISIONS APPLICABLE TO THE UNION TERRITORY OF DELHI