section 60
Dissolution of the University
The Sikkim Private Universities (Establishment and Regulation) Act, 2025Education202574 sections11 chapters
Chapter XI INSPECTION, DISSOLUTION AND WINDING UP OF PRIVATE UNIVERITY
Statutory text
- (1) The Sponsoring Body may dissolve the University by giving a notice to this effect to the Government, the employees and the students of the University at least one year in advance: Provided that the dissolution of the University shall have effect only after the last batches of students of the regular courses have completed their courses and they have been awarded degrees, diplomas or awards as the case may be.
- (2) On the dissolution of the University all the assets and liabilities of the University shall vest in the Sponsoring Body as per the terms and conditions under the State Laws.
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