section 4
Establishment of the University
The GIM University Act, 2026Education202663 sections
Statutory text
- (1) The Society, for the purposes of establishing the University, shall fulfil the following conditions under this Act, namely:—
- (a) create a permanent endowment fund of at least rupees five crores;
- (b) own or possess on a lease, atleast for a period of 30 years, a land not less than 50,000 (fifty thousand) square meters or such land as per the requirement of the regulatory body, whichever is higher;
- (c) install equipment, computers, furniture, assets, infrastructural facilities and other consumables and non-consumables of at least rupees two crores in offices and laboratories in the University;
- (d) appoint at least one Professor, two Associate Professors and an adequate number of Assistant Professors, along with necessary supporting staff members in every department or discipline to be started by the University;
- (e) purchase books and periodicals worth rupees fifty lakhs in the library and also undertake to invest upto rupees five crores for the books, periodicals, computer library networking and other library facilities in the first three years after establishing the University;
- (f) arrange the co-curricular activities, extracurricular activities, debate, competitions, quiz programmes, sports, National Service Scheme and National Cadet Corps for the students as per the standards of regulatory bodies;
- (g) adhere to standards, conditions, norms and regulations set by the UGC, AICTE, and the other regulatory bodies established by the Government or Central Government and as amended from time to time, for the programmes of study leading to a degree, post-graduate degree, doctoral degree or diploma offered by the University;
- (h) ensure that the admission procedure and fixation of fees shall be in accordance with the norms or guidelines, if any, specified by the Statutes;
- (i) ensure that the teaching staff of the University shall have at least the minimum qualifications specified by the UGC or other concerned regulatory bodies and be paid appropriate emoluments;
- (j) establish the provident fund for the employees of the University and introduce other welfare schemes;
- (k) prepare the Statutes and the Ordinances for the administration and functioning of the University;
- (l) ensure that any arrangements made by the University shall not differ from the provisions of the Act and regulations of the UGC and other regulatory bodies;
- (m) ensure transparent functioning of the University and put the clearances obtained from the regulatory bodies in the public domain;
- (n) comply with such other conditions as may be notified by the Government to be fulfilled before the establishment of the University.
- (2) The Government, after considering the fulfilment of conditions specified under sub-section (1), may, by notification in the Official Gazette, accord sanction for the establishment and commencement of the University in the State of Goa in the name of "GIM University".
- (3) After issuance of notification under sub-section (2), the Society shall deposit fee of Rs. 30,00,000/- (Rupees thirty lakhs only) within a period of one month from the date of such notification which shall be non-refundable.
- (4) The University shall have its registered office within the State of Goa as decided by the Society.
- (5) The University shall be a legal entity having perpetual succession and a common seal with powers to acquire, own and dispose of property and to contract by its name.
- (6) The University shall sue and be sued in its name. In all suits or other legal proceedings by or against such University, the pleadings shall be signed and verified by the Registrar. All processes in such suits and proceedings shall be issued and served on the Registrar.
- (7) No suit or legal proceeding by or against the University shall be defeated merely because the Society has not been made a party to such suit or legal proceeding.
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