law: Land Ports Authority of India Act, 2010
  Chapter IV Property
  
  and Contract
  Section 13 Assets and
  
  liabilities to vest in Authority
  1.  
  
    On
  
  the date of notification issued under clause (d) of section 2, all such assets,
  
  rights, powers, authorities and privileges and such property movable and
  
  immovable, real or personal, corporeal or incorporeal, present or contingent,
  
  of whatever nature, including lands, buildings, machinery, equipments, works,
  
  workshops, cash balances, capital, reserves, reserve funds, investments,
  
  tenancies, losses and book debts and all other rights and interests arising out
  
  of such property, as immediately before the issue of that notification, were in
  
  the ownership or possession of the Government of India in any of the land port,
  
  as the Central Government may, in such notification, specify, shall vest in the
  
  Authority and such vesting shall also be deemed to include all borrowings,
  
  liabilities and obligations of whatever kind then subsisting.
  2.  The
  
  notification under sub-section (1) shall be issued only after the concurrence
  
  of the concerned ministries or departments of the Government of India, in case
  
  where such properties are owned or controlled by such ministries or
  
  departments.