section 63
Taking over of Management by State Government
The Sikkim Private Universities (Establishment and Regulation) Act, 2025Education202574 sections11 chapters
Chapter XI INSPECTION, DISSOLUTION AND WINDING UP OF PRIVATE UNIVERITY
Statutory text
- (1) In the event of the taking over of management by the State Government in any of the conditions prescribed under sections 53, 54, 55 and 56 of the Act, the expenditure for administration of the University shall be met out of the Endowment Fund and the General Fund.
- (2) If the funds referred in sub-section
- (1) of the Act are not sufficient to meet the expenditure of the University during the taking over of its management, such expenditure may be met by disposing off the propertys or assets of the University, by the State Government.
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