Article 295

Article 295

 Succession to property, assets, rights,liabilities and obligations in other cases

 (1) As from the commencement of this constitution ---

(a) All Property and assets wlhich immediately before such commecement were vested in any Indian state Corrosponding to a State Specified in part B of the First Schedule shell Vest in the Union, if the purposes for which commencement will thereafter be purposes of the Union relating to any matters enumerated in the Union list, and

(b) All right, liabilities and obligations of the Government of any Indian State Carresponding trastate specified in Part B of the Schedule, whether arising out any contractor otherwise, shell be the rights, liabilities and obligations of the Government of India, if the purposes for which such rights were acquired or liabilities or obligations were incurred before such commencement will thereafter be purposes of the Goverment of India relating to any of the matters enumerated in the Union List,

Subject to any agreement entered into in that behalf by the Government of the India with the Goverment of that state
.

(2) Subject as afore said

, the Government of each specified in Part B of the first Schedule shall, as from the commencement of this constitution be the successor of the Government of the corresponding Indian State as regards all Property and assets and all rights, liabilities and obligations whether arising out of any contractor otherwise, other than those referred to in clause(1).