Incorporation of Private Universities

(1) On the commencement of this Act the existing Private Universities enumerated in schedule-I shall stand incorporated and established under this Act. (2) The President, the Vice-Chancellor, members of the Board of Governors, the Board of Management and the Academic Council for the time being and all such persons who may hereafter become such officers or members, so long as they continue to hold such office or membership, are hereby constituted and declared to be a body corporate by the name of the University. (3) The University shall have perpetual succession and a common seal, and shall sue and be sued by the said name. (4) The State Government may, from time to time, by enacting in State Legislative Assembly and by notification in the Official Gazette, incorporate any new private university or may diminish, increase or alter the area of operation and function of any University, incorporated under this Act.