Endowment Fund

(1) The Endowment shall be used as security deposit to ensue that the University complies with the provisions of the Act and functions as per the provisions of the Act and Regulations made thereunder, and if there is any unused balance that shall be paid back to the Trust. (2) The Endowment shall be used as security deposit to ensue that the University complies with the provisions of the Act and functions as per the provisions of the Act and Regulations made thereunder. (3) Income from Endowment Fund may be utilized for development of infrastracture of the University and to meat the recurring expenditure of the University.