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State of Bihar - Section

Section 3 in The Bihar Non-Government Educational Institution (Taking Over) Act, 1988

3. Taking over the Institute.

(1)With effect from the date of enforcement of this Act the institution called Jagjiwan Ram Institute of Parliamentary Studies and Political Research, 10, Mangles Road, Patna-80001 shall stand transferred to and shall vest absolutely in the State Government free from all encumbrances and the management and control thereof shall thereupon be exercised by the State Government.
(2)All assets and properties of the institution, Governing Body/Managing Committee/Association, whether movable or immovable including lands, buildings, laboratories, workshops, stores, libraries, instruments, machinery, vehicles, cash, balance, reserve fund, investment, furniture and fixures and others shall on the date of taking over stand transferred to and vested in the State Government free from all encumbrances.