CHAPTER III PROPERTY,CONTRACTS,RIGHTS,LIABILITIES,OBLIGATIONS AND SUITS
296. Property accruing by escheat or lapse or as bona vacantia.-
Subject as hereinafter provided, any property in the territory of
India which, if this Constitution had not come into operation, would
have accrued to His Majesty or, as the case may be, to the Ruler of an
Indian State by escheat or lapse, or as bona vacantia for want of a
rightful owner, shall, if it is property situate in a State, vest in
such State, and shall, in any other case, vest in the Union:
Provided that any property which at the date when it would have so
accrued to His Majesty or to the Ruler of an Indian State was in the
possession or under the control of the Government of India or the
Government of a State shall, according as the purposes for which it
was then used or held were purposes of the Union or of a State, vest
in the Union or in that State.
Explanation.- In this article, the expressions "Ruler" and "Indian
State" have the same meanings as in article 363.