Bare Act

The Gujarat State Universities (Amendment) Act, 1963

This Act updates the governing framework of three major state universities by empowering them to borrow money backed by their institutional property. To safeguard assets and ensure fiscal responsibility, these universities must secure prior approval from the State Government before taking such loans. The main purpose is to provide universities with the necessary financial flexibility for development projects, while simultaneously ensuring that state authorities maintain strict control over lending and asset security.

PDF: pending for this language.