law: The Andhra Pradesh reorganization Act, 2014
  Part VII Provisions as to Certain Corporations
  68.  Provisions for various companies and
  
  corporations.
  1.    The
  
  companies and corporations specified in the Ninth Schedule constituted for the
  
  existing State of Andhra Pradesh shall, on and from the appointed day, continue
  
  to function in those areas in respect of which they were functioning
  
  immediately before that day, subject to the provisions of this section.
  2.    The
  
  assets, rights and liabilities of the companies and corporations referred to in
  
  sub-section ( 1 ) shall be apportioned between the successor States in the
  
  manner provided in section 53.