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section 87

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Laxminarayan Innovation Technological (LIT) University, Nagpur Act, 2023
Education202388 sections12 chapters
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Chapter XII TRANSITORY PROVISIONS

Statutory text
  1. (1) All property, movable or immovable and all rights, interest of whatsoever kind, powers and privileges vested in the existing Institute on the appointed date, shall stand transferred to and shall, without further assurance, vest in, the University as mutually consented as per the Memorandum of Understanding
    • (MoU) between the Rashtrasant Tukdoji Maharaj Nagpur University, Nagpur and the Laxminarayan Institute of Technology, Nagpur and be applied to the objects and purposes for which the University is constituted.
  2. (2) All proceedings relating to students of the existing Institute pending before the Grievance Redressal Committee of the parent university on the appointed date shall stand transferred to the Grievance Redressal Committee under this Act for its disposal.
  3. (3) All benefactions accepted or received by the existing Institute, and held by it immediately before the commencement of this Act, shall be deemed to have been accepted or received or held by the University under this Act, and all the conditions on which such benefactions were accepted or received or held shall be deemed to be valid under this Act, notwithstanding that such conditions may be inconsistent with any of the provisions of this Act.
  4. (4) All debts, liabilities and obligations incurred before the commencement of this Act, and lawfully subsisting against the existing Institute, shall be discharged and satisfied by the University.
  5. (5) Any will, deed or other document made before the commencement of this Act, which contains any bequest, gift, term or trust in favour of the existing Institute, shall be deemed to have been made thereunder and for the purposes of this Act in favour of the University.
  6. (6) All references in any enactment or other instruments issued under any enactment to the existing Institute before the commencement of this Act, shall be deemed to have been construed under and for the purposes of this Act.
  7. (7) All notices and orders made or issued by any authority under the Maharashtra Public Universities Act, 2016 or by the State Government shall, in so far as they are not inconsistent with the provisions of this Act, continue to be in force and be deemed to have been made or issued by that authority or by the State Government until they are superseded or modified under this Act.
  8. (8) All Statutes and Ordinances and Regulations made under the Maharashtra Public Universities Act, 2016 in respect of the parent university of the existing Institute shall, in so far as they are not inconsistent with the provisions of this Act, continue to be in force and be deemed to have been made or modified by the Statutes or Ordinances, as the case may be, made under this Act.
  9. (9) A standard code, if any, prescribed under the Maharashtra Public Universities Act, 2016 in respect of the parent university of the existing Institute shall be deemed to have been prescribed under this Act and shall, save as otherwise provided by or under this Act, continue to remain in force, until it is superseded in accordance with the provisions of this Act.
  10. (10) In all suits and legal proceedings pending before any court or authority on the appointed day, to which the existing Institute was a party, the successor University of said Institute shall be deemed to have been substituted therefor.

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