Transfer of property, rights and liabilities of the Kuduvay and Thoppampalayam panchayats

Transfer of property, rights and liabilities of the Kuduvay and Thoppampalayam panchayats.

1. (1) All property, all rights of whatever kind used, enjoyed or possessed by, and all interests of whatever kind owned by or vested in or held in trust by, or for the Kuduvay or Thoppampalayam panchayats as well as all liabilities legally subsisting against any of these panchayats, shall, in so far as such property, rights, interests or liabilities relate to the whole or any part of the Bhavanisagar township, stand transferred on and from the appointed date to the Township Committee.
2. (2) All arrears of taxes or other payments by way of composition for a tax or due for expenses or compensation or otherwise, due to either of the aforesaid panchayats, immediately before the appointed date may, in so far as such arrears or other payments relate to the whole or any part of the Bhavanisagar township, be recovered by the Township Committee.
3. (3) All proceedings taken by or against either of the aforesaid panchayats may, in so far as they relate to any of the matters provided for in sub-sections
4. (1) and (2), be continued by or against the Township Committee.