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Panel formed to apportion J&K assets and liabilities

The Ministry of Home Affairs has formed a three-member committee headed by retired IAS officer and former Defence Secretary Sanjay Mitra to apportion the assets and the liabilities of Jammu and Kashmir between the two Union Territories of Ladakh and J&K that will come into being on October 31.

“As per Section 85 of the Jammu and Kashmir Reorganisation Act, 2019, the Central government by an order establishes one or more Advisory Committees for the apportionment of the assets, rights and liabilities of the companies and corporations constituted for the existing State of J&K between UT of J&K and UT of Ladakh,” the MHA said.

The other two members are retired IAS officer Arun Goyal (1985 batch AGMUT cadre) and Controller General of Accounts (CGA) Giriraj Prasad Gupta. Mr. Gupta, a retired 1983-batch Indian Civil Accounts Service (ICAS) officer, took over as CGA on August 1.

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Printable version | Apr 6, 2020 2:24:54 AM | https://www.thehindu.com/news/national/panel-formed-to-apportion-jk-assets-and-liabilities/article29376099.ece

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