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Section 125: Power of 1Corporation as to acquisition and holding of property

The Uttar Pradesh Municipal Corporation Act, 1959State Act of Uttar Pradesh · Act 2 of 1959

(1) The [Corporation] shall, for the purposes of this Act, have power to acquire, hold and dispose of property or any interest therein whether within or without the limits of the City.

(2) All property and interests in property acquired by the [Corporation] shall vest in the 1Corporation for the purposes of this Act and subject to its provisions.

(3) Any immovable property which may be transferred to the 1Corporation by the Government shall be held by it, subject to such conditions including resumption by the Government on the occurrence of a specified contingency and shall be applied to such purposes as the Government may impose or specify while making the transfer.

Where this provision sits

ActThe Uttar Pradesh Municipal Corporation Act, 1959
Section125
Marginal notePower of 1Corporation as to acquisition and holding of property
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted. Subs. by sec. 3 of U. P. Act no. 12 of 1994

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