Section 63(4)(b) in THE UTTAR PRADESH REORGANISATION ACT, 2000
(b)upon the dissolution of the existing Power Corporation, Commission or Warehousing Corporation,-(i)any assets, rights and liabilities which would otherwise have passed to that State by or under the provisions of sub-section (3) shall pass to the new Board, new Commission or the new Warehousing Corporation instead of to that State;(ii)any employee who would otherwise have been transferred to or re-employed by that State under sub-section (3), read with clause (i) of sub-section (5), shall be transferred to or re-employed by the new Power Corporation, new Commission or the new Warehousing Corporation instead of to or by that State.