Establishment and incorporation

3.

1. (1) Subject to provisions of Section 5 with effect from such date as the Government may, by notification, appoint in this behalf (hereinafter referred to as the appointed date), there shall be established in the State of Odisha a self-financed, private, non-affiliating, unitary University at Silicon Hills, Patia of Bhubaneswar Tehsil in the district of Khorda by the name of “Silicon University, Odisha” after Corpus Fund is set up by the Sponsoring Body in accordance with the provisions of Section 45.
2. (2) The University shall be a body corporate by the aforesaid name having perpetual succession and common seal with powers, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable which may have become vested in, or may have been acquired by it, and to contract, and to do all things necessary for the purpose of this Act, and shall sue and be sued by the said name.
3. (3) The headquarters of the University shall be at Silicon Hills, Patia of Bhubaneswar Tahasil under the District of Khorda.
4. (4) The jurisdiction of the University shall extend over all that is presently comprised of the College to be recognized, restructured and renamed under sub-section (1), to all schools of studies and Departments for which the corresponding degree and other academic distinction are being conferred by the BPUT, Utkal and to all schools of studies and Departments to be established by the University..