Establishment and Incorporation.

(1) Subject to provisions of section 5 with effect from such date as the State Government may, by notification, appoint in this behalf (herein after referred to as the appointed date), there shall be established in the State of Odisha a non-affiliating Unitary University at Bidyanagar, Mahura, Jatni Tahasil in the district of Khurda by the name of “C.V Raman Global University, Odisha” after Corpus Fund is set up by the Sponsoring Body as provided under section 44; (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) The headquarters of the University shall be at Mahura, Janla of Jatani Tahasil in the district of Khurda. (4) The jurisdiction of the University shall extend all over that is presently comprised of the College to be recognized, restructured and renamed under sub-section (1), to all faculties of studies and Departments for which the corresponding degree and other academic distinction are being conferred by the BPUT and to all constituent units and Department to be established by the University in future with prior permission of the State Government.