[4] In the first election after independence in 1952, Sir Uday Chand Mahtab lost to a freedom fighter and communist, Benoy Choudhury, in spite of a campaign in his favor by Jawaharlal Nehru.
After the abolition of the zamindari system in 1955, he shifted from Bardhaman to his family's house at Alipur in Calcutta.
Here he became a director of IISCO, and several other leading mercantile firms of the day, such as Dunlop, Metal Box and Brooke Bond.
[5] He acceded to the request of the Chief minister of West Bengal, Dr. Bidhan Chandra Roy and handed over his palace, Mahtab Manzil and Golap Bagh to the University of Burdwan.
He instituted a fund for The Maharajadhiraja Uday Chand Mahtab Of Burdwan Memorial Cup at Calcutta Race Course.