Vidhi Codex

The ICFAI University, Tripura Act, 2004

The ICFAI University, Tripura Act, 2004

Education200449 sections

This legislation establishes the ICFAI University in Tripura as a self-financing private university sponsored by the Institute of Chartered Financial Analysts of India. It regulates the university's corporate governance, academic programs, financial administration, degree-granting authority, and operational rules for constituent colleges and study centers within the state. The Act applies to the university's management, faculty, administrative staff, students, and affiliated institutions. It matters because it provides a legal framework to expand access to higher education in finance, management, technology, and other disciplines in Tripura while enforcing academic quality standards, statutory oversight, and financial self-sufficiency.

Start reading →Read full ActSections
  1. 1. Short title and Commencement
  2. 2. Definitions
  3. 3. Proposal for the establishment of the University
  4. 4. Establishment of University
  5. 5. University not to be entitled to financial assistance
  6. 6. Constituent Colleges and Affiliated Colleges
  7. 7. Objects of the University
  8. 8. Powers of the University
  9. 9. University open to all classes, castes, creed, religion, language and gender
  10. 10. National Accreditation
  11. 11. Officers of the University
  12. 12. The Visitor
  13. 13. The Chancellor
  14. 14. The Vice-Chancellor
  15. 15. Deans of Faculties
  16. 16. The Registrar
  17. 17. The Finance Officer
  18. 18. Other Officers
  19. 19. Authorities of the University
  20. 20. The Board of Governors and its powers
  21. 21. The Board of Management
  22. 22. The Academic Council
  23. 23. The Finance Committee
  24. 24. Other Authorities
  25. 25. Proceedings not invalidated on account of vacancy
  26. 26. Statutes
  27. 27. Statutes how made
  28. 28. Power to amend the Statutes
  29. 29. Rules
  30. 30. Rules how made
  31. 31. Power to amend Rules
  32. 32. Conditions of service of employees
  33. 33. Right to appeal
  34. 34. Provident and pension
  35. 35. Disputes as to constitution of University authorities and bodies
  36. 36. Constitution of committees
  37. 37. Filling of casual vacancies
  38. 38. Protection of action taken in good faith
  39. 39. Transitional provisions
  40. 40. Endowment Fund
  41. 41. General fund
  42. 42. Development fund
  43. 43. Maintenance of fund
  44. 44. Annual Reports
  45. 45. Account and audit
  46. 46. Mode of proof of University record
  47. 47. Dissolution of University
  48. 48. Expenditure of the University during dissolution
  49. 49. Removal of difficulties

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