Section 12   [ View Judgements ]

Dissolution of the Foundation

The Foundation is irrevocable, however, in the event of any circumstance in which it is decided to terminate or dissolve the Foundation, after the satisfaction of all its debts and liabilities, any assets and property, whatsoever be the same, shall not be paid to or distributed among the members of the Foundation but shall be dealt with in such manner as the State Government may determine in that behalf

#LawyerServices #Section #Act #Law #Statute #IndianLaw #Kanoon