Part VI — APPORTIONMENT OF ASSETS ANS LIABILITIES

Section 55Apportionment of assets or liabilities by agreement

Section 55: Apportionment of assets or liabilities by agreement

55. Apportionment of assets or liabilities by agreement

Where the successor States of Madhya Pradesh and Chhattisgarh agree that the asset, liability or benefit or burden of any particular asset or liability should be apportioned between them in a manner other than that provided for in the foregoing provisions of this Part then, notwithstanding anything contained therein, the assets, liability or benefit or burden of that asset or liability shall be apportioned in the manner agreed upon.