Vesting of properties

(1) All properties, movable and immovable and all the interests of whatsoever nature and kind therein, vested in the Maharishi Dayanand University, Rohtak relating to Indira Gandhi Post-Graduate Regional Centre, Meerpur and the course run there under and the posts created, filled before the commencement of this Act, shall vest in the University (2) All debts, obligations and liabilities incurred, all contracts entered into and all matters and things engaged to be done in respect of Maharishi Dayanand University, Rohtak relating to Indira Gandhi Post-Graduate Regional Centre, Meerpur , shall be deemed to have been incurred, entered into, or engaged to be done by, with or for the University.