Section 150(3)(a) in The Delhi Lands Reforms Act, 1954
(a)all properties, movable and immovable, and all interests of whatsoever nature and kind therein , including moneys held in Gaon Sabha Area Fund, vested in the Gaon Sabha immediately before such dissolution, shall , with all rights of whatsoever description, used , enjoyed or possessed by Gaon Sabha, vest in the central Government. [Ins. bu Act 38 of 1965, section 23 (w.r.e.f 7-4-1958)]