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States » NorthPosted at: Oct 31 2020 8:58PM


J&K Govt apportions Assets, Liabilities, Posts of erstwhile State between two UTs

Jammu, Oct 31 (UNI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Saturday in terms of section 84(3) read with section 85(2) of Jammu and Kashmir Reorganization Act, 2019, is pleased to apportion the Assets, Liabilities and Posts of the erstwhile State of Jammu and Kashmir between the Union Territory of Jammu and Kashmir and Union territory of Ladakh to the notification issued.
Official spokesman here said that all references to the Union Territories of Jammu and Kashmir or Ladakh shall mean the geographical area represented by the respective Union territories or shall mean the respective Governments of the Union territories as the case may be in the context of their usage.
According to a notification issued in this regard, section 84 and 85 of Jammu and Kashmir Re-organization Act, 2019 provided for apportionment of Assets and Liabilities of the erstwhile State of Jammu and Kashmir between the Union Territory of Jammu and Kashmir and Union Territory of Ladakh; and section 85 of the Jammu and Kashmir Re-organization Act, 2019 provided for establishment of one or more Advisory Committees for apportionment of Assets, Rights and Liabilities of the Companies and Corporations constituted for the State of Jammu and Kashmir between Union Territory of J&K and UT of Ladakh.
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Tags: #J&K Govt apportions Assets# Liabilities# Posts of erstwhile State between two UTs
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