Dissolution of University

(1) If the Sponsor proposes dissolution of the University in accordance with the law governing its constitution or incorporation, it shall give at least six months notice in writing to the State Government. (2) On certification of the dissolution of the University by the State Government, the University shall be dissolved and the assets and liabilities of the University shall vest in the Sponsor. (3) The State Government may appoint an administrator to manage the affairs of the University until the dissolution process is completed by the State Government. Provided that no such action shall be initiated without giving a reasonable opportunity to show cause to the Sponsor. (4) On receipt of the notice referred to in sub-section (1), the State Government shall, in consultation with the AICTE and UGC make such arrangements for administration of the University during the unexpired period of the University till its dissolution as may be necessary to ensure that the academics of the students of the University are not disrupted and that the students are allowed to complete their courses of studies in such manner as may be prescribed by the Statutes.