Offences by companies

No person or educational agency shall establish or run a non-government college or institution of higher education without the prior permission of the State Government. For the purpose of operation of the account opened under the provisions of the Act, the provisions of Chhattisgarh Treasury Code shall apply mutatis-mutandis. The institutional fund shall be operated jointly by a representative of the institution nominated by its management and the Commissioner of Higher Education and the rules framed by the Government. Under the said Act on certain conditions as may be prescribed in the rules, the state Government may issue an order authorizing the Commissioner or his nominee to operate the account singly for such period as may be specified in the order.